Bitcoin's open interest (OI) on Binance increased by 40% over 82 days, rising from $6.4 billion to $8.9 billion, indicating renewed trader interest after a period of deleveraging. This rise pushed OI above its 180-day moving average, suggesting the end of a bearish phase following the October 2025 crypto crash. Positive funding rates alongside the OI increase hint at bullish sentiment, potentially driving Bitcoin's price above $80,000. However, an AI prediction warns of a possible short-term price drop due to a long squeeze, forecasting a dip to around $75,343 within a week if support levels fail to hold.
Bitcoin recently rallied to $65,086, its highest close since late June, driven mainly by softer US inflation data that lowered expectations for Federal Reserve rate hikes. However, Bitfinex reports that this rally lacks sustained spot buying and depe...
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Ether has surged about 11% over the past week, outperforming other major cryptocurrencies like Bitcoin, which rose 4%. This rise is driven by $96 million inflows into U.S. spot ether ETFs, mainly BlackRock’s low-fee funds, while Grayscale’s higher-fe...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
