Bitcoin ETFs Lose Nearly Half A Billion Dollars As Fear Returns To Crypto
Bitcoin was trading at $75,900 on Wednesday after the Federal Reserve’s latest rate decision sent a chill through crypto markets, capping three straight days of withdrawals from US spot Bitcoin exchange-traded funds that together erased more than $490 million. Fidelity And BlackRock Lead The Exodus Fidelity’s FBTC took the heaviest hit, shedding $191 million over…
Dogecoin Surges 11%: Is This Parallel Channel Resistance Next?
An analyst has highlighted how Dogecoin crossed a Parallel Channel’s midline after its latest rally and is now heading toward its resistance level. Dogecoin Could Face Resistance At $0.1172 Next In a new Parallel Channel” is a technical analysis (TA) pattern that forms whenever an asset observes a phase of consolidation between two parallel trendlines.…
US Rep. Calls Bitcoin A ‘Geopolitical Weapon Used By Multiple Adversaries’
Top US officials have increasingly placed Bitcoin (BTC) at the center of national security discussions, and Representative Lance Gooden says the change is more than just political rhetoric. In comments reported Thursday, the Texas Republican argued that the largest cryptocurrency has become a “geopolitical weapon” being used—simultaneously, in his view—by multiple adversaries. Multi-Front Security Use…
Bitcoin Price Recovery Near Resistance, Breakout Or Rejection Next?
Bitcoin price started a recovery wave above the $76,500 zone. BTC is consolidating and might aim for more gains if it clears the $76,750 resistance zone. Bitcoin managed to form a base above $75,000 and started a recovery wave. The price is trading below $77,000 and the 100 hourly simple moving average. There is a…
Ethereum Pullback Sparks $1B Buying Frenzy Despite Hawkish Fed Warning on Inflation — What Changed?
Ethereum is struggling to hold the $2,250 level as selling pressure reasserts itself. And the market faces resistance that has capped every recovery attempt in recent sessions. The correction following the push above $2,450 has now reached roughly 10%, and the mood among participants is cautious. But according to top analyst Darkfost, the price weakness…
Ethereum Price Holds Losses Under $2,300, Recovery Momentum Still Weak
Ethereum price started a fresh decline and traded below $2,250. ETH is now consolidating above $2,220 and might struggle to recover. Ethereum started a downside correction below the $2,265 zone. The price is trading below $2,280 and the 100-hourly Simple Moving Average. There is a contracting triangle forming with support at $2,255 on the hourly…
Bitcoin Rejected At Key Cost Basis Zone—Is $68,000 The Next Support?
On-chain analytics firm Glassnode has highlighted how the latest Bitcoin rejection came inside a zone containing some historically important cost basis levels. Bitcoin Could Find Support At -1 SD Of The STH Realized Price Next In its latest weekly report, Glassnode has talked about a key cost basis zone that Bitcoin retested recently. The region…
XRP Price Downtrend May Resume, Sellers Eye Control Again
XRP price started a recovery wave above $1.360 and $1.3620. The price is now consolidating and might aim for a fresh move if it clears $1.3830. XRP price started a recovery wave above the $1.3620 zone. The price is now trading below $1.3850 and the 100-hourly Simple Moving Average. There is a bearish trend line…
Bitcoin Large Players Have Built A Sell Wall At $80.5K–$82K – Spoofing Or Structural Supply?
Bitcoin is holding above $76,000 as the market tests resistance, and bulls attempt to build the momentum needed for the next leg higher. The price is constructive. The order book above it is not cooperating. Data from CoinGlass shows that the sell wall between $80,500 and $82,000 has been in place for over 24 hours.…
Why The Bitcoin Price Could Hit $68,000 Again
The Bitcoin price is currently sitting on a key support trendline that could determine its next major move. According to a crypto analyst, a breakout from this level could lead to two possible scenarios. On the bullish side, the cryptocurrency could extend its recent price recovery and push higher. However, in a bearish scenario, the…