Bitcoin trades at $62,828 after a 2.11% decline, while Ethereum dropped 4.21% to $1,828. Both cryptocurrencies are closely watched around their support and resistance levels, especially Bitcoin's 200-day moving average, which signals broader market trends. Weekend trading volumes are low, increasing volatility risks and making position management crucial. Market focus remains on whether Bitcoin can hold recent lows and if Ethereum can stabilize, with stablecoins dominating short-term gains, indicating cautious investor sentiment.
Bitcoin fell below $63,000 following the launch of Moonshot AI's Kimi K3 model, which intensified a global selloff in AI and semiconductor stocks due to concerns over inflated valuations. The price decline mirrors losses in tech markets as investors ...
NYDIG warns that Bitcoin could face a significant sell-off, potentially dropping to between $38,000 and $39,000 by October 2026, reflecting a 70% decline similar to past cycles. This forecast is based on historical bear market patterns, despite 2025 ...
On July 17, Bitcoin and Ethereum options worth about $1.43 billion expired, with Bitcoin options totaling $1.2 billion and Ethereum options $230 million. Bitcoin traded steadily between $60,000 and $65,000, showing low volatility and a put-call ratio...
Top traders in Ethereum futures markets have significantly increased their long positions, with USDT-margined accounts holding longs jumping over 6 percentage points. This shift indicates growing bullish sentiment among sophisticated traders, especia...
Bitcoin has recovered to around $64,400 after dropping near $57,000 earlier this summer, reclaiming its 200-week moving average. Analyst Benjamin Cowen warns this rebound doesn't end the bear market yet, predicting the cycle low will come in the four...
