As of May 2026, Bitcoin holds strong above $75,000 and may surge past $80,000, potentially reaching $90,000 due to renewed institutional demand and easing ETF selling pressure. This move could trigger a broad rally in altcoins like Ethereum, XRP, and Cardano, which are currently consolidating and waiting for key resistance breaks. Ethereum aims to break $2,400 to target $2,800, while XRP and Cardano need Bitcoin's bullish momentum to break their resistance levels at $1.50 and $0.28 respectively. The overall crypto market remains highly correlated with Bitcoin's price action dictating altcoin performance.
Solana's price remained above a crucial support level despite a slight dip, supported by $5.75 million in net inflows into U.S.-listed spot Solana ETFs, contrasting with outflows from Bitcoin and Ethereum funds. Solana ranked second in global spot tr...
Ethereum is gaining attention as BitMine, an Ethereum treasury company, continues to accumulate and stake ETH, now holding about 4.8% of Ethereum's total supply. Meanwhile, Michael Saylor's Strategy sold some Bitcoin to fund dividends, challenging th...
Strategy, Michael Saylor's Bitcoin firm known for its 'hold forever' approach, sold $225 million worth of Bitcoin, sparking criticism from Bitcoin skeptic Peter Schiff. Schiff estimates the sale caused a realized loss of $54 million, as the firm sold...
Cryptocurrency markets saw a general decline with major coins like Bitcoin and Ethereum dropping by about 1.2% and 1.1% respectively. Bitcoin traded near $61,883 while Ethereum hovered around $1,748. Other altcoins also experienced losses, reflecting...
U.S. spot Bitcoin ETFs experienced $526.64 million in net outflows from June 29 to July 2, marking eight straight weeks of withdrawals as institutional investors reduce exposure amid market uncertainty. Despite this, Bitcoin remains above the $60K su...
