TL;DR XRP jumped by double digits after Ripple’s legal battle with the SEC officially ended. ADA climbed $0.80, with analysts eyeing breakouts toward $1.30, $1.60, or even $2.90 if bullish momentum continues. BTC briefly topped $117,500 before easing to $116,500, with historical trends suggesting further gains might be incoming. XRP Takes Center Stage Again Ripple’s […]
For the first time in 15 weeks, digital asset investment products saw net weekly outflows $223 million. The week started on a high note as $883 million poured in. Momentum, however, reversed sharply following the FOMC’s hawkish stance and strong US economic data. Despite Friday’s weaker payroll numbers hinting at a more dovish Fed approach, […]
Crypto markets tanked hard over the weekend as Bitcoin retreated back to support at $112,000 as trade tariff economic uncertainty returned, quashing risk appetite. Trump rolled out new “reciprocal” tariffs through an executive order, and a weak US jobs report caused markets to stumble late last week. Trade tensions are back in the spotlight as […]
TL;DR The primary cryptocurrency has been in a free-fall state for the past few days, dropping from $119,000 to a multi-week low of under $112,000 hours ago. A popular analyst has highlighted the most significant support zones that could be tested next. BTCUSD. Source: TradingView The chart above paints a clear picture. Bitcoin peaked in […]
Around 48,600 Bitcoin options contracts will expire on Friday, August 1, and they have a notional value of roughly $5.7 billion. This one is around half of last week’s large end-of-quarter expiry event, so it is unlikely to be enough to influence spot markets, which have started to tank in the wake of Donald Trump’s […]
Bitcoin just absorbed a $9 billion sell-off of almost 80,000 units “without breaking stride,” said analysts at BTC financial services firm Swan on Wednesday. The sell-off refers to last week’s market dump when BTC fell from just over $119,000 to around $115,000 in a few hours on July 25. A Satoshi-era whale, one of the few […]
The cryptocurrency market is cooling off after a brief period of short-term overheating. Unlike prior cycles, CryptoQuant believes that the current overheating is smaller in scale and duration. This means that Bitcoin could face a limited short-term dip in the near future. Crypto Market Cools Off The data focuses on the proportion of Bitcoin held […]
Crypto markets have started the new week in the green, and the momentum could continue as trade tensions ease. The big event for the week is the Federal Reserve meeting on July 30, when the latest interest rate decision will be made. Meanwhile, US President Trump has reached a deal with the European Union, which includes […]
A weekly close above $119,200 will kickstart the breakout from a “bull flag” chart pattern, according to analysis by ‘Rekt Capital’ on Sunday. They added that turning this level into support via a retest could occur over the coming week. Bitcoin closed the week at $119,466 on Coinbase, according to Tradingview, which means that the bullish […]
The cryptocurrency market experienced some turbulence at the end of the business week, with multiple assets dropping by up to 10% from their local peaks. BTC and XRP are no exception. Both dropped hard, driven to an extent by FUD from large sell-offs. Now, though, Santiment has outlined a big bullish sign. BTC, XRP to […]