Bitcoin started June under pressure due to weak seasonal trends and significant outflows from spot Bitcoin ETFs, with over $2.43 billion pulled out in May and $1.42 billion in the last week alone. Additionally, the stablecoin market, which provides liquidity for crypto buying, saw a contraction of about $3 billion in market capitalization, signaling reduced buying power. This combination of ETF outflows and declining stablecoin supply suggests continued bearish sentiment and challenges for Bitcoin to sustain a recovery in June. Without fresh liquidity, Bitcoin's recent gains from Q2 are at risk of a deeper retracement.
Bitcoin is facing increased selling pressure after breaking below crucial support levels, including the 50-day, 100-day, and 200-day moving averages. The cryptocurrency has slipped into the $71,000-$72,000 range, losing the ascending trendline that h...
Bitcoin's price fell 1.46% to around $72,648, showing a 16% decline year-to-date, while the S&P 500 rose over 10% in the same period. Data reveals Bitcoin acts as a risk-off asset when U.S. stocks perform well, with fluctuating short-term correlation...
XRP, Shiba Inu (SHIB), Bitcoin (BTC), and Dogecoin (DOGE) are all under significant selling pressure, testing key support levels amid a prevailing bearish trend. XRP is near a critical support of $1.30 and remains below major moving averages, signali...
Large Bitcoin holders moved 984 BTC worth about $72 million off BitGo, signaling accumulation as coins likely remain inactive in new wallets. This occurred while Bitcoin traded near a key support level around $73,000, with buyers absorbing supply des...
Between late April and early June 2026, Binance's Bitcoin reserves increased by 5.1%, from 617,000 BTC to 648,600 BTC, and Ethereum holdings rose 10.4%. Meanwhile, stablecoin reserves (USDT and USDC) fell by $3.87 billion, reducing the exchange's imm...
