Bitcoin traded near $62,000 today, giving back some of the gains from a rebound that had lifted it to $64,000 from last week’s bear-market low of $57,700. The pullback maintains the price above the $60,000 level regarded by CryptoQuant as support, although it reduces a recovery of approximately 11% from the lowest point. The dip … Read more
Bitcoin price fell to an intraday low of around $58,000 Thursday morning before making a partial recovery, as the bear market that commenced after October’s peak continues without evident signs of fatigue — and a significant long-term valuation model seems to have faltered for the first time ever. The world’s largest cryptocurrency by market cap … Read more
Bitcoin price has plummeted below $60,000, reaching levels not observed since October 2024 and wiping out months of gains in just a few days. At this time, bitcoin price trades at $59,566 — down more than 10% in 24 hours and roughly 53% off its all-time high of $126,277 set last October. The decline has … Read more
Bitcoin price climbed above $65,000 Monday morning, caught between a sixth straight week of spot ETF outflows, a hawkish Federal Reserve debut, and a U.S.-Iran peace deal that provided a temporary boost to risk assets. The increase occurred as U.S. and Iranian officials indicated advancements in peace negotiations in Switzerland, building upon the memorandum of … Read more
Bitcoin price slipped below key support near $64,000 following a hawkish shift from the Federal Reserve, which negated gains associated with easing geopolitical tensions. This development places the market at risk of a deeper pullback toward the $60,000 range. The bitcoin price experienced a decline from its June 17 peak of $66,315, reaching an intraday … Read more
Bitcoin is exhibiting indications of stabilisation following a challenging period, and research firm K33 asserts that the on-chain evidence is compelling. In its latest market report, Vetle Lunde highlighted a record proportion of Bitcoin supply retained by long-term holders — a metric that, historically, has signalled the conclusion of every significant bear market in Bitcoin’s … Read more
Bitcoin price reached a two-week high on Monday following a U.S.-Iran ceasefire, alleviating one of the market’s most enduring macro concerns. This development propelled crypto-linked equities upward as traders prepare for what they consider the week’s significant challenge: Federal Reserve Chair Kevin Warsh’s inaugural FOMC meeting. Bitcoin price traded near $67,000, reflecting a 4% increase … Read more
Bitcoin climbed to its highest level in nearly two weeks after the US and Iran reached a deal to end hostilities and reopen the Strait of Hormuz, removing the energy-supply fear that had weighed on markets for months. The token traded around $65,844 on Monday, up 2.1% over 24 hours, after touching a low near … Read more
The risk-off sentiment that impacted crypto throughout the week is now shifting. Bitcoin has returned to positive territory, with the catalyst being an unexpected easing of tensions in the Iran conflict. Bitcoin traded at $63,550 on Friday, reflecting an increase of 1.6% for the day and 1.4% for the week, according to data. Days earlier, … Read more
Bitcoin’s bounce from last week’s low is experiencing a downturn, and gold is following suit. BTC was priced at $61,233 on Wednesday, showing a 3% decrease over the last 24 hours and a 6.9% decline for the week. Meanwhile, gold saw a 2% drop, slipping under $4,200 an ounce. The market is betting on high … Read more