Bitcoin dipped to its lowest since September 2024 at $57,700 before recovering slightly, with $395 million in liquidations signaling bearish pressure. Traders on Deribit favor puts over calls, notably targeting a $50,000 put expiring in September, suggesting expectations of further price declines. Meanwhile, gold futures show a bearish death cross, reinforcing cautious sentiment in risk assets. Despite broader altcoin weakness, tokens like Jupiter and Stellar Lumens have gained, keeping some optimism alive in the crypto market.
Bitcoin's daily RSI indicates a bullish divergence, suggesting a potential rally toward the 20-day EMA near $62,000. A daily close above this level could lead to further gains toward $66,340 and $70,000. However, the broader bearish pattern remains i...
Donald Trump disclosed earning over $1 billion from cryptocurrency ventures, mainly through World Liberty Financial and the $TRUMP memecoin. This highlights crypto's growing role in his business, surpassing real estate. The news has positively influe...
In June 2026, XRP-linked ETFs and Hyperliquid's HYPE funds saw significant net inflows of $59.4 million and $161 million respectively, standing out amid record outflows from bitcoin and ether ETFs which lost over $4 billion and $528.99 million. This ...
Bitcoin experienced a $91.4 million outflow as traders moved funds into stablecoins like USDT and fiat currencies such as the U.S. dollar, signaling short-term caution in the crypto market. Despite this risk-off rotation, selective inflows were noted...
Bitcoin's Long-Term Holder Spent Output Profit Ratio (LTH-SOPR) dropped to 0.615 on June 30, the lowest since July 2023, indicating many long-term holders are selling at a loss. This coincides with Bitcoin's price falling 2.7% in 24 hours to $58,649....
