Data from CoinGlass shows a significant decline in the number of Ethereum long-holding accounts in USDT-margined futures, indicating traders are reducing their bullish exposure despite stable overall long positions by size. This suggests a shift in risk appetite, with smaller traders pulling back while larger holders maintain positions, potentially signaling caution ahead of near-term market catalysts. Other major cryptocurrencies like Bitcoin and Solana also saw reduced long participation in USDT-margined accounts, while coin-margined accounts remained relatively stable. Investors should watch for changes in funding rates, open interest, and price action to gauge future market direction.
XRP exchange-traded funds (ETFs) attracted $27.29 million in net inflows in July, marking their fourth consecutive month of gains, even as XRP's price fell about 40% since January to around $1.08. Institutional interest remains strong, with cumulativ...
Cryptocurrency markets showed mixed performance with Bitcoin and Ethereum prices slightly declining while several major altcoins like XRP, BNB, Solana, and Dogecoin posted gains. The total market capitalization remained steady around $2.16 trillion, ...
Bitcoin's price fell sharply toward $62,000 from above $65,000, wiping billions off its market value and triggering a broad sell-off across major altcoins like Ethereum, XRP, and Solana. The total crypto market cap dropped to about $2.22 trillion, wi...
Bitcoin's price dropped sharply by nearly $3,000 on July 31, falling to $62,236 and wiping $40 billion off its market cap. This decline led the total crypto market cap to fall from $2.33 trillion to $2.22 trillion, with most altcoins also losing valu...
Bitcoin is currently forming an inverse head-and-shoulders pattern on its price chart, with a crucial resistance level at $67,200. This pattern suggests a potential reversal after a significant drop from May highs above $81,000. Ethereum, meanwhile, ...
