Bitcoin has formed a one-hour death cross, a technical pattern that historically signals short-term price drops. Analysis suggests Bitcoin could fall to around $60,200 or even $57,250 based on past patterns, with possible brief rebounds before further declines. The cryptocurrency is also struggling to break resistance near $64,400 amid market uncertainty from U.S. inflation data and a large government crypto transfer. Despite a recent price rebound, Bitcoin remains below key moving averages, indicating a bearish trend with subdued buying momentum.
Bitcoin surged past $63,700 following the US June Consumer Price Index report, which revealed a 0.4% month-over-month decline in headline inflation—the largest drop since 2020. Core inflation remained steady at 2.6% annually, suggesting easing inflat...
Crypto buyers are showing renewed interest following a period of low activity and price declines, with Bitcoin rebounding to around $63,000–$64,000. This rebound may signal early signs of market recovery and the potential start of a new cycle, influe...
US inflation cooled more than economists anticipated in June, with the Consumer Price Index falling 0.4% monthly and annual inflation easing to 3.5%. This softer inflation data lifted Bitcoin prices above $63,000 and boosted US stock futures, as it r...
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...
