Bitcoin trades around $63,919 and Ethereum at $1,889, with both cryptocurrencies close to important support and resistance levels that could influence short-term trends. The 200-day moving average remains a critical reference point for assessing market bias, while Bitcoin dominance at 56.4% signals a defensive stance among traders. With lower liquidity expected over the weekend, many investors are managing risk by holding smaller positions and tightening stops, awaiting clearer market direction when volume returns on Monday.
Bitcoin and Ethereum saw modest price increases while their combined market dominance slightly declined, signaling a potential rotation of capital into major altcoins like BNB, Solana, and XRP. Despite a cautious market tone and a drop in derivatives...
Bitcoin is facing a potential decline below $60,000 in August, driven by historical patterns during US midterm election years where it averaged a 13.6% drop. Technical analysis shows a bearish pennant pattern that could push prices down to around $52...
Bitcoin traded near $64,690, up 1.1% after a whale withdrew over 1,250 BTC ($80.94M) from Binance, indicating long-term accumulation. This move, highlighted by analyst Ted Pillows, suggests large holders expect further gains. US Q2 GDP growth missed ...
On July 31, Bitcoin and Ether options worth about $10.43 billion expired, with Bitcoin options totaling $9.6 billion and Ether options $830 million. Bitcoin settled near the $64,000 max pain level, reflecting a concentration of open interest but no s...
The latest cryptocurrency market update reveals mixed price changes among major coins. Bitcoin dropped by 0.77% to $63,738, while Ethereum fell 1.33% to $1,887.75. In contrast, Binance Coin rose 2.43% to $591.76, showing some positive momentum. These...
