In June, U.S. spot bitcoin ETFs experienced a record $4.06 billion in outflows, marking their worst month ever and pushing them into negative territory for 2026. Despite this, large bitcoin holders, known as whales, accumulated over 270,000 BTC worth $16.7 billion in just two weeks, a pattern often seen near market cycle lows when long-term holders buy from sellers. Solana stood out by gaining about 15% since early June, while some Ethereum Layer 2 tokens hit record lows amid changing technology dynamics. The upcoming U.S. inflation report is expected to influence Federal Reserve policies and could impact bitcoin's price direction going forward.
Bitcoin whales accumulated over 270,000 BTC worth about $16.7 billion in two weeks, even as U.S. spot Bitcoin ETFs saw $4.06 billion in outflows in June, their worst month since launch. This divergence highlights a market split where large individual...
Cryptocurrency prices are fluctuating with Bitcoin trading around $61,950, showing a 1.19% increase. Ethereum has gained significantly by 5.68%, while other altcoins like Binance Coin and Cardano also show positive movements. These changes reflect on...
Bitcoin and Ether markets show signs of recovery, but options data reveals traders remain cautious, favoring protective put options over bullish calls. Bitcoin's one-week put-call skew remains elevated at 16%, indicating ongoing demand for downside i...
Ethereum surged more than 5% in 24 hours, climbing back above $1,700 for the first time since June's selloff, alongside Bitcoin pushing past $60,000. This rally is driven by broader market optimism following dovish Federal Reserve comments on inflati...
Bitcoin price increased by 2.46% to $61,644 on July 3, driven by easing geopolitical tensions following progress in US-Iran peace negotiations. ARK Invest CEO Cathie Wood stated that the reopening of the Strait of Hormuz will increase oil supply, wea...
