Bitcoin closed the first half of 2026 near $60,000 after falling from over $93,000 in January, driven mainly by Federal Reserve policies and record outflows from Bitcoin ETFs rather than crypto-specific issues. The upcoming Fed meeting on July 28-29 is expected to be pivotal, with markets largely pricing in steady rates but wary of hawkish signals that could push Bitcoin below key support levels around $58,000. While ETF outflows continue to pressure prices, long-term holders are accumulating Bitcoin, creating a mixed outlook. A sustained return of ETF inflows or softer Fed language could spark a recovery, but without these, Bitcoin may remain range-bound or decline further toward $50,000-$53,000. Investors should watch ETF flows, inflation data, and Fed signals closely as these will largely determine Bitcoin's direction in the near term.
Cryptocurrency prices are fluctuating with Bitcoin trading around $63,744, showing a slight increase of 0.90%. Ethereum and several altcoins like UNI, AAVE, and DOT have seen gains ranging from 1.5% to over 4%, while others like SOL and NEAR experien...
Bitcoin climbed to an intraday high of $64,653 on July 10, recovering from earlier losses caused by Middle East tensions. This rally pushed the total crypto market cap to $2.28 trillion and forced $96 million in short liquidations, signaling renewed ...
Bitcoin climbed above $64,000 following US President Donald Trump's confirmation that the US will continue negotiations with Iran after a new request from Tehran. The market reacted positively to the diplomatic update despite Trump stating the ceasef...
Standard Chartered remains confident in Bitcoin's potential, holding a year-end price target of $100,000 despite recent market turbulence and some bearish analyst views. The bank considers Bitcoin a strong buy at around $64,000 and downplays fears re...
Historically, Bitcoin tends to gain 17-20% in July even during bear markets, suggesting a potential near-term recovery after recent lows. While many altcoins struggle near all-time lows, Solana and Hyperliquid have outperformed with 21% gains in the ...
