Bitcoin is maintaining its position above $61,000, signaling a short-term recovery after bouncing from recent lows around $58,115. However, there is a risk of a bull trap if Bitcoin moves into the $64,650-$65,550 range, which could trigger a reversal back toward support levels near $59,900-$60,900. Momentum remains cautious with Bitcoin yet to reclaim a key moving average near $64,000-$65,000, which would be crucial for a stronger upward trend. Market factors like rising oil prices and falling Japanese bond yields add mixed signals, suggesting Bitcoin may trade sideways until clearer direction emerges.
SBI Digital Finance and Doppler Finance are partnering to create a regulated XRP lending infrastructure for Japanese institutions, enabling XRP to be used as collateral to unlock liquidity. Meanwhile, Shiba Inu (SHIB) saw a 76% increase in average to...
US Consumer Price Index (CPI) fell 0.4% in June, marking the biggest drop since 2020 and coming in below expectations with headline CPI at 4% and core CPI at 3%. This cooler inflation data increased the likelihood of a Federal Reserve interest rate c...
South Korean cryptocurrency exchange Upbit began trading the Derive (DRV) token on July 14, offering trading pairs with Korean won (KRW), Bitcoin (BTC), and Tether (USDT). This listing enhances DRV's exposure in one of Asia's largest crypto markets a...
Bitcoin price stabilized around $62,500 after a weekend drop below $62,000, influenced by renewed U.S.-Iran tensions and rising oil prices. Technical resistance lies between $63,100 and $64,700, with analysts warning that a break below $62,000 could ...
Bitcoin is trading around $62,000 as investors await the U.S. June Consumer Price Index (CPI) report, which will influence Federal Reserve policy and market expectations. Previous CPI releases in 2026 have caused significant volatility in Bitcoin's p...
