Bitcoin's funding rates have turned highly negative, near -4% annualized, indicating heavy short positioning even as spot prices rise above $79,000. This rare setup historically precedes positive returns over the next 30 to 365 days. Meanwhile, strong demand for U.S. spot Bitcoin ETFs, with $1.6 billion inflows this month, is shifting market dynamics toward more strategic, Wall Street-driven allocations and lower volatility. Experts remain divided on the relevance of Bitcoin's traditional four-year cycle, with year-end price targets ranging from no new highs to $150,000 or even $250,000, reflecting uncertainty as Bitcoin increasingly integrates with traditional finance.
Bitcoin traded near $64,500 as trading volume declined and market sentiment remained cautious despite stable on-chain activity and exchange outflows. The Crypto Fear & Greed Index stayed at 'extreme fear,' indicating low investor confidence. While tr...
Bitcoin's price slightly fell to $64,164, reflecting broader market caution as equity indices and financial indicators like the US 10-year yield and DXY suggest tighter conditions. Meanwhile, Ethereum gained 2.09% to $1,908, showing selective investo...
Bitcoin recently rallied to $65,086, its highest close since late June, driven mainly by softer US inflation data that lowered expectations for Federal Reserve rate hikes. However, Bitfinex reports that this rally lacks sustained spot buying and depe...
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
