Bitcoin traders concentrated on macroeconomic factors when articulating their expectations for the future trajectory of the digital currency, which was trading within a relatively confined range. According to the source, the largest digital currency in the world by total market value dropped to over $63,700 today from $65,341.83, experiencing a slight loss of about 2.4%. … Read more
As Bitcoin continues to exhibit mixed price action, the leading crypto asset has recently signalled a development that has historically emerged close to the conclusion of bear markets. On Saturday, July 18, a crypto analytics platform shared onchain data indicating that the current market downturn may be entering its final phase. The analyst presented charts … Read more
Bitcoin price surged past $60,000 on Wednesday, reclaiming a level it had relinquished amid recent volatility. This uptick followed remarks from Federal Reserve Chair Kevin Warsh at a central bank forum, where he indicated that the threat of persistent inflation had eased. The cryptocurrency was trading around $60,171 this afternoon, reflecting an increase of approximately … Read more
Bitcoin has steadied around the $60,000 mark after a turbulent June, characterised by heightened volatility and persistent bearish sentiment. Over the past week, BTC experienced a decline from $63,000 to a low near $58,000 before showing a slight recovery, trading at $59,179 as of June 29. Despite this stabilisation, market conditions indicate a persistent absence … 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
Bitcoin is currently positioned at a level typically seen only towards the end of bear markets, maintaining its stance even in the wake of the most intense U.S. inflation report in three years. Data indicate that BTC has declined towards its 200-week average, a significant four-year trend line closely monitored by long-term holders. The model … Read more
Bitcoin price fell on Thursday to levels that pushed it beneath the “Fire Sale!” band on the Bitcoin Rainbow Chart — a depth not seen since the disastrous FTX exchange collapse in November 2022 — as the Fear and Greed Index recorded a reading of 12 out of 100, firmly entrenched in “Extreme Fear” territory. … Read more
Bitcoin price has plummeted to its lowest level in months on Wednesday night, crashing below $62,000 and erasing a significant intraday loss of over $5,300 — a decline of nearly 8% in just 24 hours. This downturn comes as a perfect storm of institutional exodus, leverage liquidations, geopolitical fear, and a notable sale by Michael … Read more
Bitcoin price has experienced a decline of over 5.5% in the past week, dropping from above $77,000 to approximately $72,600 on Thursday as risk sentiment has deteriorated. The move extends a broader pullback from early May’s highs above $82,000, leaving bitcoin price trading near 6–7% lower week-on-week as surging spot ETF outflows and US‑Iran tensions … Read more
Bitcoin’s price has established support around $78,800 and has initiated a new upward movement. BTC is picking up momentum as it aims for a breakthrough above the $79,500 and $80,200 resistance levels. The bulls managed to drive the price past $80,500. A breakout occurred above a bearish trend line, with resistance identified at $80,650 on … Read more
