Bitcoin fell below $60,000 this week due to continued outflows from U.S. spot bitcoin ETFs, a hawkish Federal Reserve, and a stronger U.S. dollar, which made crypto more expensive for foreign buyers. Major cryptocurrencies like ether, XRP, and solana also posted significant weekly losses, while tron was the only major token to gain. Analysts warn that bitcoin nearing its 200-week moving average could signal a prolonged crypto winter. The upcoming U.S. inflation data will be crucial in determining whether the downturn deepens or eases. Meanwhile, AI-related stocks rebounded strongly, with Micron's sales forecast boosting confidence in AI spending and lifting tech stocks.
Bitcoin options open interest slightly declined to $34.37 billion, with calls making up 59.77% and puts 40.23%, indicating a bullish long-term outlook. However, recent trading volume favored puts at 52.76%, led by heavy activity in $60,000 put contra...
Bitcoin is showing signs of potential volatility with growing concerns about maintaining the $60,000 level. Deposits of Bitcoin into exchanges have surged to multi-month highs, a pattern historically linked to price declines below key psychological l...
Standard Chartered forecasts the AAVE token, linked to the largest decentralized lending protocol, to reach $3,500 by 2030, implying a roughly 50-fold increase from current prices. This bullish outlook is part of a broader prediction including Bitcoi...
Ripple's XRP has declined 9% this week, continuing a downtrend since last year due to low network activity and increased supply. The price broke below a key support range and retested it, signaling potential further decline if another low is made. Ho...
Since its peak in October 2025, the cryptocurrency market has lost over $2.2 trillion in value, dropping from $4.27 trillion to $2.02 trillion by June 2026. Bitcoin fell 53% from its all-time high of $126,200 to $59,000, while Ethereum declined 67%. ...
