Bitcoin has rebounded from the $60,500-$61,000 support zone and is testing a key resistance area near $61,300, known as the Golden Pocket. Analysts caution that while short-term momentum is improving, Bitcoin must hold this support and break above the 50-day moving average near $65,928 to confirm a bullish reversal. Failure to maintain support could lead to renewed bearish pressure. The next resistance zones lie between $67,000 and $76,000, but confirmation is needed before a sustained rally can be expected.
Fidelity Digital Assets reports that while US home prices in USD have risen by over $100,000 since 2020, their cost in Bitcoin has dropped to about one-tenth, reflecting Bitcoin's strong appreciation. This trend highlights Bitcoin's growing purchasin...
XRP has gained 9.5% in the past week, driven by a sharp increase in spot market volumes, which rose from $42 million in May to $406 million recently. This surge reflects growing retail and institutional interest, even as the derivatives market shows ...
Former President Donald Trump expressed strong support for Bitcoin, calling it a powerful technology whose influence is underestimated. Speaking at the launch of Trump Accounts, he emphasized the strategic importance of the cryptocurrency industry in...
Most major cryptocurrencies, including Bitcoin and Ethereum, saw price declines of around 2-3% in recent trading. This broad sell-off reflects ongoing market volatility and investor caution amid uncertain economic conditions. Stablecoins remained ste...
Bitcoin and Ethereum, along with several other major cryptocurrencies, experienced significant price declines exceeding 3% in a recent market downturn. Bitcoin fell to around $62,020, while Ethereum dropped to approximately $1,730. This broad sell-of...
