Bitcoin fell below its ascending support line from April after the FOMC day breakdown, trading near $75,633 and signaling short-term weakness. This breakdown shifts the previous support into potential resistance, giving bears control unless Bitcoin reclaims the channel. However, large whale buy orders near $75,800 are absorbing selling pressure, suggesting strong buyers are stepping in to stabilize the price. The key level to watch is around $75,800; if Bitcoin holds this zone, a short-term recovery is possible, but a break below could lead to a retest of $72,000-$73,000 support levels.
Cathie Wood, CEO of ARK Invest, has increased her Bitcoin price forecast to $1.25 million within five years, with a conservative estimate of $750,000. This bullish outlook is driven primarily by growing institutional adoption from pension funds, weal...
On May 26, XRP exchange-traded funds (ETFs) recorded net inflows of $1.55 million, continuing a 27-day streak of institutional accumulation despite broad market sell-offs affecting Bitcoin and Ethereum ETFs. While Bitcoin and Ethereum ETFs saw signif...
Oil prices have surged over 75% in 2026 amid escalating Middle East tensions, with West Texas Intermediate and Brent crude rising from around $60 to above $100 per barrel. This surge has flipped the usual positive correlation between oil, Bitcoin, an...
Bitcoin extended its pullback to around $75,649, down 1.23%, amid a 72% surge in 24-hour trading volume to $35.6 billion, indicating active repositioning rather than panic selling. Despite increased volume, daily volatility remained muted, suggesting...
Leading cryptocurrencies like Bitcoin and Ethereum dropped sharply as 'Extreme Fear' sentiment returned to the crypto market, with Bitcoin falling below $76,000 and over $300 million liquidated in 24 hours. Meanwhile, major U.S. stock indexes reached...
