Crypto markets have dumped 4.9% or a whopping $140 billion over the past 24 hours, sending total capitalization to $2.37 trillion, its lowest level since early April. Over the past 24 hours, 265,000 traders were wrecked, and the total liquidations were a whopping $1.63 billion, according to Coinglass. Around 89% of those were long positions, […]
Similar to previous bear markets, bitcoin (BTC) is now on track to experience a slow bleed regime. As analysts explained in the latest Bitfinex Alpha report, this seasonal pattern is further aggravated by weakening demand from spot and institutional avenues. Even options traders have stopped paying for protection as implied volatility continues to decline and […]
Bitcoin is on “the edge of a breakdown,” reported onchain analytics firm Swissblock on Monday. The analysts noted that the loss of the “Cost Basis Zone” has already triggered a decisive drawdown. Consolidation inside this zone appeared constructive, but there was no confirmation, and BTC failed to hold it, showing little strength when trying to […]
Bitcoin (BTC) is holding above a support zone that one analyst says could either push it to new summer highs or lead it toward $61,000. According to them, the outcome depends on whether buyers can defend that level over the coming days. Why Everyone Needs to Watch the $73K Support Zone On June 1, crypto […]
Crypto markets remained flat over the weekend following heavy losses last week. Bitcoin and Ether remain weak, with no immediate catalysts to spur a recovery. Meanwhile, fresh labor market data and updated readings on manufacturing and services activity are on the table this week. “We also await further details about a potential US-Iran deal, which […]
Bitcoin (BTC) has remained under pressure over the past week, falling from around $77,000 to approximately $73,140. The crypto asset experienced several sharp declines during the period, including a notable drop near $72,600 on May 28. The latest price action suggests that the bear market remains unfinished and that deeper losses may lie ahead before […]
Bitcoin continues to trade under pressure after losing the critical $75K-$76K support zone, while broader market sentiment remains cautious amid weakening ETF inflows and deteriorating technical structure. However, BTC is now approaching an important confluence of technical supports around $70K-$72K, where both trendline support and the 100-day MA could provide temporary relief for the market. […]
Crypto markets traded lower over the past seven days, with Bitcoin leading the decline as investors shifted away from risk assets. BTC started the week near the $77,000-$78,000 range but steadily lost momentum, falling toward roughly $ 73,000 by Friday. This move undoubtedly reflected a combination of macro pressure, renewed ETF outflows, and weaker liquidity […]
Global stocks have been making new highs recently, but Bitcoin (BTC), the biggest cryptocurrency based on market capitalization, is trading at almost 42% below its lifetime highs. This split has left crypto investors searching for answers, especially since the market has lumped the two asset classes together under the “risk-on” label. Diverging Drivers Between Equities […]
Former SEC chair Gary Gensler and the “anti-crypto army” nearly destroyed the American crypto industry by driving Bitcoin, crypto perpetuals, and innovation offshore, but “Trump saved it,” the president said on Truth Social on Wednesday. “America is now the crypto capital of the world, and builders and entrepreneurs are coming back to the United States […]