Bitcoin and other major cryptocurrencies saw declines, with Bitcoin dropping nearly 3% to around $58,543. Ethereum and Binance Coin also fell by about 2.8%, while some smaller coins showed mixed performance, including a few with slight gains. The overall market shows cautious sentiment, reflecting ongoing volatility and investor uncertainty. This trend suggests traders are closely watching for new catalysts or market signals before making significant moves.
Tom Lee, chairman of BitMine Immersion Technologies, believes Ethereum will become the key settlement infrastructure for Wall Street and artificial intelligence, explaining its recent strong performance amid a broader crypto market downturn. He highl...
Bitcoin is trading around $77,327 with minor daily gains but a weekly drop over 3%, facing resistance between $77,100 and $80,200 where long-term holders have sold significant amounts. CryptoQuant highlights $81,700 as a key level to confirm a new bu...
Crude oil prices surged more than 2.7% after Saudi Arabia shut its East-West pipeline due to drone attacks, threatening up to 4% of global oil supply. This supply disruption pushed Brent crude above $107, while geopolitical tensions in key shipping c...
Bitcoin is losing its status as independent 'digital gold' and is now closely tracking the U.S. stock market, particularly the S&P 500. This growing correlation raises concerns that Bitcoin could face a sharp decline if U.S. equities correct, especia...
Bitcoin's traditional four-year cycle, where price bottoms occur 770-900 days after halvings, is showing signs of change. This cycle, Bitcoin reached a new all-time high before the halving, diverging from past patterns. Institutional inflows via spot...
