The largest and dominant asset, Bitcoin (BTC), is currently hovering within the $65,276 range. Also, the 24-hour trading volume is settled at $23.37 billion, down by 15%. That drop in volume during a rejection hints that conviction on the buy side is thinning out. The .618 Fibonacci retracement level on
Bitcoin is holding onto its bullish divergence despite a recent minor market correction, signalling that the broader upward trend is likely to continue. While there is a simultaneous potential for a bearish divergence to emerge, which forms part of a market reversal, the existing bullish structure remains valid and active.
U.S. spot Bitcoin ETFs have posted $526.64 million in net outflows between June 29 and July 2, extending the withdrawal streak to eight consecutive weeks. Persistent outflows suggest that institutional investors continue to reduce exposure amid the ongoing market uncertainty. ETF flows are worth watching as they reflect broader institutional
Bitcoin is currently trading in a key consolidation zone, referred to as a no-trade zone, between $65,636 and $70,685. This range has seen heavy activity, with over 1.72 million BTC exchanged. It makes it a strong area of both support and resistance. Also, the buyers and sellers are creating uncertainty
The prolonged geopolitical tensions impact the Bitcoin price, which causes short-term volatility and sharp corrections due to increased risk aversion. It may be followed by rapid recoveries or surges if investors perceive it as a hedge against economic instability. Significantly, an early BTC holder has continued offloading a notable portion
Bitcoin (BTC), the largest and dominant asset in the crypto market, is currently in the extreme fear zone, with the Fear and Greed Index at 13. It has recorded a 4.74% gain, currently trading within the $70,848 range. Notably, BTC’s daily trading volume has soared by over 19.78% to the
The dominant asset, Bitcoin (BTC), is floating over the bear market. It has been trading below $75K over the last few weeks, facing back-to-back rejections amid the recovery attempts. The BTC price has plunged by 4.29% in the last 24 hours. Notably, the asset is in an extreme fear zone
5% gain has been recorded in the last few hours within the crypto market. It has pushed the majority of the digital assets into bullish territory. The largest and dominant token, Bitcoin (BTC), has followed suit, registering a 6.76% surge in value. After multiple recovery attempts, the asset is finally
Matt Hougan, CIO at Bitwise Invest, has listed out a reason for the decline in BTC price. He has also expressed optimism about the upcoming bull run. Michael Saylor and Eric Trump earlier expressed these positive sentiments towards the flagship cryptocurrency. This comes at a time when bitcoins have reclaimed
Jimmy Wales, Co-Founder of Wikipedia, has weighed in with his opinion about the BTC price ever reaching zero. He has also expressed his stand on Bitcoin tokens as currencies while further clarifying his statements through responses to community comments. The flagship crypto continues to trade below the $70k mark. Jimmy
