Bitcoin's 50-day moving average has crossed above its 200-day moving average, signaling a bullish 'golden cross' for the first time since May 2025. Despite this positive technical indicator, Bitcoin struggled to sustain gains above $80,000 and now faces a strong resistance zone between $83,000 and $86,000, supported by multiple market indicators. Institutional Bitcoin ETFs recently saw inflows but have started to experience outflows, adding complexity to the bullish outlook. Macro factors like rising U.S. Treasury yields and potential Federal Reserve rate hikes could influence Bitcoin's next move, making the upcoming inflation data critical for sustaining momentum.
Significant Bitcoin transfers into Fidelity and BlackRock ETF wallets, totaling over $54 million, indicate renewed institutional interest despite recent price weakness. Additionally, 40 new wallets withdrew approximately 9,458 BTC worth $771.5 millio...
Technology stocks and Bitcoin declined sharply as investors moved toward safer assets like U.S. Treasurys, causing the 10-year Treasury yield to drop below 5%. The Philadelphia Semiconductor Index fell 6.7%, and the Nasdaq Composite dropped 2.6%, mar...
Bitcoin's price climbed back above the key $80,000 level after ETF inflows returned on October 19, signaling renewed investor interest despite subdued trading activity. U.S. spot Bitcoin ETFs and corporate treasury holdings have average cost bases ne...
Bitcoin, Ether, and XRP all rebounded on Friday following a pullback that tested important chart support levels. Bitcoin found support near its 50-day, 100-day, and 200-day moving averages, with resistance around $85,000. Ether showed support near $2...
Seven popular cryptocurrencies, led by Pearl (PEARL), saw declines over the past 24 hours. PEARL dropped 7.19% to $2.22, while Pons (PONS) experienced the steepest fall of 9.25% to $0.253. Bitcoin (BTC), the largest by market cap, also fell 2.49% to ...
