Bitcoin ended April with an 11.87% gain, marking a recovery after a weak first quarter and showing improved market structure with higher lows and steadier demand. This shift reflects increased spot buying and normalized derivatives activity, contributing to smoother price movements and reduced volatility. Traders are now watching if this momentum will continue into May, though historical trends suggest May can be unpredictable, influenced more by liquidity changes than consistent seasonal patterns. The broader crypto market, including Ethereum, also showed signs of recovery, but May's direction remains uncertain and dependent on volume and support levels.
Bitcoin is trading just above the $75,000 support level after failing to break $78,000, staying below the $76,000 mark that would signal a new bull market according to analyst Tom Lee. Ether also faces resistance near $2,150 and is retreating toward ...
Over the past 12 months, Bitcoin has underperformed the S&P 500 by roughly 56%, declining 30.35% while the S&P 500 rose nearly 27%. Despite renewed optimism for cryptocurrencies and bullish price targets from major financial institutions predicting B...
Bitcoin's market value has dropped to 13th place globally, falling about 11% this year and nearly 30% over the past year. Meanwhile, precious metals like gold and silver have surged, with gold reaching a record $5,600 per ounce earlier this year. Sem...
On May 26, US spot Bitcoin ETFs experienced a significant outflow of $334 million, equivalent to about 4,400 BTC, continuing a trend of heavy redemptions in mid-to-late May. Ethereum spot ETFs also faced a $35 million net outflow, marking over 10 con...
The crypto market continued its decline with total capitalization dropping 1.5% to $2.53 trillion and Bitcoin falling nearly 3% to around $75,000. This selloff is driven by macroeconomic uncertainty, significant outflows from Bitcoin and Ethereum ETF...
