Bitcoin's market dominance has increased even as its price dropped to around $63,000, signaling investors are favoring Bitcoin over riskier altcoins during uncertain times. Morgan Stanley's recent purchase of over $270 million in Bitcoin supports the trend of institutional confidence in Bitcoin as a safer asset. However, more than half of Bitcoin's supply is currently held at a loss, a condition often seen near major market bottoms, suggesting potential for further price pressure. For Bitcoin to strengthen its position, it needs to reclaim and hold key resistance levels around $64,000.
Bitcoin price is under pressure, testing the $63,150 Fibonacci support after retreating from July's $66,900 high. Despite a $265.4 million net outflow on the last trading day, US spot Bitcoin ETFs still recorded $172.4 million inflows for July, indic...
The XRP Ledger added 489,739 new accounts in the first half of 2026, pushing total accounts past 8.4 million. This growth is driven by the expansion of Ripple's RLUSD stablecoin, which reached about $873 million in circulating supply, increasing dema...
Mohawk Industries announced a net profit of $196 million and earnings per share (EPS) of $3.22 for Q2 2026, showing significant growth from the previous year. Revenue rose 8% to $3.0 billion, driven by volume growth, pricing strategies, and product m...
Mohawk Industries reported a net profit of $196 million and earnings per share of $3.22 for Q2 2026, surpassing expectations due to higher volumes, favorable pricing, and an improved product mix. Net sales rose 6.8% to $3 billion compared to the prev...
Mohawk Industries reported a net income of $196 million and earnings per share (EPS) of $3.22 for Q2 2026, surpassing market expectations. Sales increased 6.8% to $3 billion, driven by higher volumes, pricing, and product range expansion despite a we...
