Bitcoin is stabilizing around $80,500 despite renewed missile and drone attacks by Iran on the UAE, which disrupted a fragile ceasefire and caused energy prices to spike. While traditional markets in Dubai and Europe pulled back, Bitcoin showed resilience, maintaining most of its weekly gains and acting as a 'flight-to-safety' asset. Technical analysis suggests this price consolidation is healthy, with strong support around $80,000 and resistance near $81,200. Market experts see Bitcoin's stability amid geopolitical risks as a sign of growing institutional confidence.
Bitcoin's price has surged more than 10% since early July, breaking out from a falling wedge pattern and surpassing the 200 SMA as support. However, the rally lacks strong volume backing and the price has yet to make a higher high, indicating potenti...
Bitcoin and Ethereum prices rose by 1.20% and 1.32% respectively, boosting overall crypto market sentiment despite a decline in decentralized finance (DeFi) trading volume. Large-cap altcoins mostly gained, with Bitcoin dominance increasing to 58%, i...
Bitcoin held above $63,000 with a 5.5% weekly gain, while Ether led major cryptocurrencies with a 12.4% surge. Other tokens like HYPE and Solana also posted notable increases despite a strong dollar. Equity futures rose following record highs, with t...
While Bitcoin and Ethereum spot ETFs experienced significant outflows of $526 million and $14 million respectively last week, XRP and Solana ETFs saw positive inflows totaling $49 million. XRP ETFs have shown strong institutional demand, with total a...
Michael Saylor highlights that Bitcoin's biggest evolution over the next decade will come from the expansion of its financial ecosystem rather than changes to its protocol. He believes institutional adoption—through ETFs, corporate treasuries, banks,...
