For over two months, bitcoin has struggled below $70,000, hovering around $62,000 to $65,000. Still, experts believe that the broader macro market condition is moving in favor of the apex crypto. Crypto exchange Bitfinex stated in its latest edition of the Bitfinex Alpha report that two of the three conditions that can support a BTC […]
Bitcoin is struggling to hold its June range floor after $390 million left US spot BTC ETFs last week, according to Wintermute’s newest market update. The trading firm says falling rate-hike odds have failed to lift BTC, while ETF redemptions and miner selling have left the market without a strong source of fresh demand. ETF […]
The new business week has started on the right foot, as after a highly dull and sluggish weekend, bitcoin has finally charted a minor increase to $63,500. The following days have some important macro events in the United States that can further impact the market, albeit not as notable as the CPI data from last […]
Ever since bitcoin started to lose value rapidly and consistently in Q4 last year, the main question within the cryptocurrency community is how low it can go. The next one was: when and where it will bottom out. Analysts began speculating after each leg down. At first, it was $60,000 when BTC dipped to that […]
Bitcoin moved toward the top of its range last week as institutional demand through U.S. spot ETFs strengthened. Cooler employment data reduced expectations for an immediate Federal Reserve rate hike, but persistent selling pressure kept the move contained. The stronger ETF demand was reflected in $865.3 million of net inflows across five straight sessions, the […]
Arthur Hayes published a new essay this week arguing that the US Treasury and Japan’s Ministry of Finance have settled on a single method to strengthen the yen: running newly printed dollars through the Federal Reserve’s currency swap facility. Hayes says the mechanics point to a wave of dollar liquidity hitting the global markets, and […]
Another push above $65,000 failed to hold on Tuesday, sending Bitcoin back below $64,000. The crypto asset was down more than 1.6% over the past day. Against this backdrop, large BTC wallets are back at levels not seen in months. Meanwhile, smaller holders are steadily losing ground. Elite Wallets Are Moving Up Bitcoin’s elite wallet […]
This week, Wintermute said institutional investors made up 72% of its spot OTC crypto flow in the first half of 2026, versus 59% a year ago. Professional investors are changing crypto markets by concentrating on fewer assets, utilizing derivatives, and muting the extreme price swings once associated with retail trading, the firm says. Institutions Are […]
Large Bitcoin, Ether, and XRP holders continued accumulating during recent market weakness, analytics firm CryptoQuant said. The firm’s weekly report, Buying the Bear: A Signal of the Bear Market’s Final Stage, examined the recent accumulation by the largest wallets. It said the steady buying reflects behavior often seen during the closing phase of a bear […]
The previous business week ended with a bit of a surprise as the jobs report showed that the US economy had lost 23,000 jobs in July, compared to expectations for roughly 80,000 new positions. Previous months were revised sharply lower as well, solidifying the argument that the labor market is finally weakening. Although this was […]