Bitcoin recovered to around $60,000 on June 26, ending a steep two-day decline of nearly $4,500. Despite this rebound, the cryptocurrency remains down over 30% year-to-date, reflecting a prolonged but mild bear market that started in late 2025. Historical data suggests that if the recent low in early June marks the cycle bottom, Bitcoin could regain its long-term upward trend by August 2026. The market's current state highlights ongoing challenges but also potential for recovery in the coming months.
Bloomberg Intelligence strategist Mike McGlone forecasts that Tether (USDT), a dollar-pegged stablecoin, is likely to overtake Bitcoin as the largest cryptocurrency by market value. He highlights the growing dominance of stablecoins reshaping the cry...
Bitcoin dropped to a new cycle low around $58,075 following a failed recovery attempt that briefly pushed prices to $67,248. The cryptocurrency currently trades near $60,300 but remains down across daily, monthly, and yearly timeframes, reflecting on...
Bitcoin dropped below the key $60,000 support level, with 5.6 million BTC now held at a loss, the highest since 2019. This indicates growing stress among long-term holders who have owned Bitcoin for over 155 days. Despite this, about 37% of these hol...
Cryptocurrency markets exhibit mixed price changes, with Bitcoin trading around $59,377, slightly up by 0.90%. Ethereum is down by 0.87%, while Solana and AAVE show significant gains of 6.69% and 8.02% respectively. Other altcoins like M and VELVET a...
XRP's on-chain data reveals a key support level at $0.51, with major holders concentrated around this price, signaling potential market direction. A dormant whale moved $2.5 million worth of Shiba Inu (SHIB) tokens through OTC channels amid a 23% pri...
