Bitcoin extended its pullback to around $75,649, down 1.23%, amid a 72% surge in 24-hour trading volume to $35.6 billion, indicating active repositioning rather than panic selling. Despite increased volume, daily volatility remained muted, suggesting traders are rotating risk cautiously. Market indicators show bearish momentum and cautious sentiment, with Bitcoin dominance rising as investors seek relative safety within crypto. Exchange data points to increased sell-side readiness, while network activity and active addresses rose, highlighting growing engagement. This combination suggests Bitcoin is consolidating with heightened near-term volatility expected around the mid-$75,000 level.
Bitcoin traded near $64,500 as trading volume declined and market sentiment remained cautious despite stable on-chain activity and exchange outflows. The Crypto Fear & Greed Index stayed at 'extreme fear,' indicating low investor confidence. While tr...
Bitcoin's price slightly fell to $64,164, reflecting broader market caution as equity indices and financial indicators like the US 10-year yield and DXY suggest tighter conditions. Meanwhile, Ethereum gained 2.09% to $1,908, showing selective investo...
Bitcoin recently rallied to $65,086, its highest close since late June, driven mainly by softer US inflation data that lowered expectations for Federal Reserve rate hikes. However, Bitfinex reports that this rally lacks sustained spot buying and depe...
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
