During six weeks of war, bitcoin's price has remained stable between $65,000 and $73,000, but this masks a split market: a small group of institutional buyers like Strategy and U.S. spot ETFs are consistently buying, while whales, mid-tier holders, miners, and Bhutan's sovereign holdings are selling or slowing accumulation. The ceasefire sparked a rally and signs of renewed U.S. demand, but the market's stability depends on whether these concentrated institutional inflows can continue absorbing selling pressure and push bitcoin beyond its $73,000 resistance. The buyer base is narrowing, raising questions about the sustainability of current price levels.
Bitcoin traded near $64,500 as trading volume declined and market sentiment remained cautious despite stable on-chain activity and exchange outflows. The Crypto Fear & Greed Index stayed at 'extreme fear,' indicating low investor confidence. While tr...
Bitcoin's price slightly fell to $64,164, reflecting broader market caution as equity indices and financial indicators like the US 10-year yield and DXY suggest tighter conditions. Meanwhile, Ethereum gained 2.09% to $1,908, showing selective investo...
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...
