After dumping to $60,000 during the early February crash, bitcoin rebounded swiftly and jumped to almost $83,000 a week ago, posting a massive 38% increase. This caused many analysts to speculate whether the bear market had ended. However, the price action in the past few days has been contradictory, and BTC slipped to a two-week […]
Although there’s still a lot of work to be done to become law, the highly anticipated CLARITY Act finally passed the Senate Banking Committee a few days ago, which was a significant step in the right direction. The effects in the crypto market were immediate but didn’t last long, and analysts at Santiment warned that […]
Around 25,000 Bitcoin options contracts will expire on Friday, May 15, with a notional value of roughly $2 billion. This event is small, so it is unlikely to have any impact on spot markets. Crypto prices took a mid-week dip following the US inflation report, but have started to recover a little on Friday, with […]
Bitcoin has started showing early signs of weakness after its recent recovery rally toward the $80K resistance region. The market is now confronting a technically important supply zone where sellers have become increasingly active, raising the probability of a broader corrective phase in the short term. Bitcoin Price Analysis: The Daily Chart On the daily […]
Bitcoin has spent the last week grinding higher from around $78,000 to top $82,000 twice, with buyers “continuing to absorb pullbacks even as momentum started to cool near local highs,” reported Glassnode on Monday. The asset dipped below $81,000 briefly in early trading in Asia on Tuesday, but there has been “strong bullish sentiment” and […]
Crypto markets have gained marginally over the weekend, hitting a weekly high on Monday morning trading in Asia. But this week’s inflation reports could put a dampener on things. Meanwhile, US stock market futures fell on Monday as Iran War peace talks stalled and President Trump said he does not like Iran’s response to the […]
Bitcoin, Ripple’s token, Solana’s SOL, and several other altcoins made impressive moves over the past few hours, which was rather unexpected given the Sunday market sentiment and lack of major developments. Interestingly, these recent gains coincided with Donald Trump’s latest message on Iran. The statement on Truth Social from the POTUS reads that Iran has […]
US President Donald Trump announced on his social media platform that the two warring parties in Europe, Russia and Ukraine, have agreed to a three-day ceasefire. Bitcoin’s price reacted to the news positively, but in a more modest manner. “This Ceasefire will include a suspension of all kinetic activity, and also a prison swap of […]
Bitcoin (BTC) shed around 245,000 wallet holders in just five days, the fastest rate of wallet exits in nearly two years, according to on-chain analytics firm Santiment. The last time this happened at a comparable pace, in the summer of 2024, it foreshadowed one of the more notable bull runs in recent memory. Wallet Exits […]
Bitcoin is trading above $80k as the first full week of May opens, pressing against the upper boundary of that supply zone that has been the defining ceiling of the recovery. With the 100-day moving average now clearly reclaimed, the structure is the most constructive it has been since the cycle peak, and the on-chain […]