Bitcoin has dropped below its 200-week moving average and key support levels, including the February lows, signaling continued bearish control. However, it remains near a significant long-term rising trendline connecting past cycle lows, suggesting a critical support zone. Analysts note a bullish divergence in momentum indicators and compare the current setup to the 2022 market bottom after the FTX collapse, indicating a potential for a sharp rebound if Bitcoin holds this area. Meanwhile, heavy selling and liquidation in futures markets signal pressure but also create conditions for a possible relief rally if Bitcoin reclaims around $62,000.
Ether fell over 8% to $1,625 on June 5, marking its lowest price since April 2025 and a steep decline from nearly $5,000 less than a year ago. This drop occurred alongside Bitcoin's sixth straight daily loss and severe declines in privacy coins like ...
Bitcoin briefly dropped below $60,000 following a strong US jobs report that led to a broad market selloff, including stocks, bonds, and cryptocurrencies. The report caused markets to price in higher interest rates for longer, pushing Treasury yields...
Bitcoin has fallen 50% from its all-time high, erasing about $988 billion in market value due to a mix of market-specific and macroeconomic pressures. Significant ETF outflows in the U.S. signal growing investor caution, while ongoing geopolitical te...
Bitcoin has experienced a sharp market correction, falling nearly 17% in a week and dropping below $60,000, erasing about $200 billion in value. Experts argue this decline is due to a major shift of investment capital into artificial intelligence (AI...
Bitcoin recently fell sharply below $60,000, breaking key support levels and signaling a bearish trend with potential further drops toward $50,000-$55,000. XRP broke down below $1.30, risking a deeper correction with critical support zones at $1, $0....
