The crypto market has recovered, with total capitalization rising above $2.2 trillion and Bitcoin surpassing $65,000. This rebound is driven by easing inflation concerns, especially cooling crude oil prices, which reduce pressure on the Federal Reserve to remain hawkish. Institutional demand is returning, evidenced by net inflows into U.S. Bitcoin and Ethereum ETFs, signaling renewed confidence. However, the rally remains fragile, with key levels needing defense and upcoming Fed signals and crypto legislation poised to influence future moves.
Bitcoin and Ethereum experienced net inflows of approximately $216 million and $77 million respectively, indicating strong investor interest. In contrast, USD Coin (USDC) saw a significant net outflow of about $236 million, the largest among stableco...
Bitcoin's quantum discount has reached a record 30% due to delayed security upgrades against quantum computing threats, causing a significant undervaluation. XRP's 30-day MVRV indicator turned positive, signaling trader profits and a potential reboun...
Bitcoin surged past $66,000 following news that the US Clarity Act, which aims to clarify cryptocurrency regulations, is closer to becoming law. The legislation would distinguish cryptocurrencies as commodities or securities, providing clearer rules ...
Bitcoin surged to over $66,000, its highest in more than a month, driven by optimism that the US Clarity Act, a major crypto market regulation bill, will pass before next April. The bill aims to divide crypto oversight between the SEC and CFTC, openi...
Bitcoin's price has risen above $66,000, supported by institutional inflows through U.S.-listed ETFs and long-term holders accumulating coins. The White House's agreement on an ethics clause for the Clarity Act boosts hopes for the legislation's prog...
