Bitcoin failed three times to break above the $65,500 resistance level, causing a sharp drop to $64,336 and triggering $75 million in liquidations in the futures market. This volatility reflects market uncertainty amid US regulatory debates and a pause in major institutional buying, which removed key support for the price. Despite geopolitical easing, weak inflows and regulatory concerns weigh on momentum. Investors are cautious as bitcoin tries to hold support and regain bullish momentum ahead of the monthly close.
CoinMarketCap's Altcoin Season Index increased to 53, indicating a slight improvement in altcoin performance relative to Bitcoin. However, this level remains below the 75 threshold that signals a full altcoin season, keeping the market in a neutral s...
The Hong Kong Monetary Authority (HKMA) rated its banking sector's quantum readiness at 2.3 out of 10 and set a target for full preparedness by 2030, supported by regulatory mandates and industry tools. In contrast, Bitcoin faces similar quantum comp...
Bitcoin fell about 2.7% to around $63,200 following the U.S. market close, dragged down by a sharp 10% drop in South Korea's Kospi index, which hit its lowest since April. The U.S. Senate postponed a vote on the CLARITY Act, delaying crypto regulator...
On July 27, Bitcoin ETFs experienced an outflow of $11.6 million, indicating a possible short-term drop in investor demand. Meanwhile, Ethereum funds saw an inflow of $9.2 million, reflecting growing positive sentiment toward Ethereum. These contrast...
The US dollar index surged to a 13-month high driven by growing speculation of a Federal Reserve rate hike amid persistent inflation and high energy prices. This strengthened dollar has pressured Bitcoin and Ethereum, which typically move inversely t...
