Bitcoin is currently testing a critical support zone between $62,000 and $65,000 after losing momentum above $65,000. Analysts suggest that defending this range could lead to a rebound, potentially pushing Bitcoin back toward resistance levels near $67,100 and $70,672. However, if Bitcoin closes below $62,000, it risks a deeper correction with targets near $60,000 and possibly as low as $55,123. The upcoming Federal Reserve decision adds uncertainty, with a likely rejection near $65,000 possibly driving prices down to the $60,000-$62,000 range.
US-listed spot Bitcoin ETFs experienced $49.7 million in outflows, extending a four-day streak totaling about $526 million withdrawn. Despite this, the ETFs still hold a net inflow of $51.3 billion overall. Bitcoin's price showed volatility, dipping ...
Bitcoin rose 0.75% to $64,328 after recent volatility, as markets await the Federal Reserve's potential first rate hike in three years due to 4.1% inflation. Traditional markets show cautious optimism with slight gains in S&P 500 and Nasdaq futures, ...
Bitcoin's spot trading volume in July is on track to reach its lowest level since November 2023, with an average daily volume of $2.2 billion, according to K33 research. This decline reflects a broader summer liquidity slowdown affecting both spot an...
Hong Kong has authorized retail trading of XRP through OSL HK, the city's first licensed exchange to offer XRP to everyday investors. This move strengthens Hong Kong's position as a leading regulated crypto hub in Asia and highlights the region's gro...
Bitcoin fell to $63,000, its lowest in 10 days, pressured by weak risk sentiment, tech stock sell-offs, and uncertainty over Federal Reserve policy. The price is consolidating between $60,000 and $65,000, with a critical support at $58,000; a break b...
