Bitcoin rose above $78,000 following news of a ceasefire extension in the Middle East, which improved risk appetite among traders and lifted the broader crypto market. Institutional demand remained strong, highlighted by Strategy's purchase of 34,164 BTC worth $2.54 billion, pushing their total holdings to over 815,000 BTC. The positive sentiment also led to $1.4 billion inflows into global crypto funds last week, with Bitcoin and Ethereum attracting the most investment. However, the rapid price rebound caused nearly $500 million in liquidations, mostly affecting short positions, reflecting the swift market reaction to the ceasefire news.
Bitcoin briefly reached a three-week high near $65,600 before retreating to around $64,000, influenced by lower-than-expected US inflation data and geopolitical tensions. Ethereum also reversed from a six-week peak near $1,950, slipping below $1,900....
Bitcoin fell back to $64,000 after reaching a monthly peak of $65,500 due to profit-taking and geopolitical tensions from Iranian strikes on U.S. bases. Most altcoins also declined as bearish sentiment dominated the market, with XRP futures showing i...
Bitcoin price briefly rose to nearly $65,470 following softer US inflation reports, raising hopes the Federal Reserve might pause rate hikes. However, profit-taking by long-term holders and whales around the $65,000 resistance led to a pullback towar...
Bitcoin and Ethereum experienced combined outflows exceeding $59 million as traders moved funds into stablecoins like USDT and fiat currencies, signaling a cautious stance in the crypto market. This rotation reflects a short-term defensive strategy, ...
Bitcoin is currently trading around $64,878 but faces potential downside risks, with analysts projecting a possible drop to $38,000–$39,000 based on past four-year bear market cycles. This would represent a roughly 40% decline from current levels and...
