Bitcoin surged past $80,000, its highest since January, causing over $370 million in crypto liquidations within 24 hours, mostly from short positions. This forced closure of bearish bets accelerated Bitcoin's rise and lifted altcoins like Ethereum, XRP, and Dogecoin. Institutional demand and positive market sentiment support continued growth, though Bitcoin needs to hold above $85,000 to confirm a sustained breakout. The market shows signs of steady recovery with increasing participation and confidence.
Bitcoin price increased by 2.46% to $61,644 on July 3, driven by easing geopolitical tensions following progress in US-Iran peace negotiations. ARK Invest CEO Cathie Wood stated that the reopening of the Strait of Hormuz will increase oil supply, wea...
Top traders significantly reduced their Ethereum futures long positions in both USDT- and coin-margined markets, signaling a short-term de-risking despite stable overall crypto market conditions. Ethereum's long position share among top traders fell ...
Bitcoin is trading around $61,697 with a modest 2.7% move, while Ethereum has surged 6.4% to $1,717. The total crypto market cap stands at $2.22 trillion, with Bitcoin dominance at 55.7%, indicating cautious capital rotation between Bitcoin and altco...
The cryptocurrency market is showing signs of recovery as $1.9 billion in Bitcoin options, $230 million in Ethereum options, and $3.7 million in XRP options expire today. Bitcoin has surged over 6% to around $62,000, supported by bullish call options...
Bitwise CIO Matt Hougan says MicroStrategy's era as Bitcoin's dominant buyer is ending as the company shifts to a new capital framework allowing Bitcoin sales up to $1.25 billion for dividends, reserves, and buybacks. This change follows a drop in Mi...
