Record‑High Ethereum Open Interest Signals Institutional Confidence
Ethereum (ETH) grabbed fresh attention on June 16 as futures open interest climbed to a yearly high of $36.56 billion. Prices bounced back above $2,600 and hovered near a key resistance level that has held for months. Traders piled into new positions, setting the stage for a big move in either direction. Futures Open Interest Hits Yearly…
Bitcoin Price Struggles for Momentum Amid Rising Global Conflict Fears
Bitcoin price started a fresh increase and tested the $108,800 zone. BTC is struggling to rise further and is correcting gains below $108,000. Bitcoin started a fresh increase above the $107,000 zone. The price is trading above $106,800 and the 100 hourly Simple moving average. There was a break below a bullish trend line with…
Crypto Funds Hit With Record Outflows, But Altcoin Buyers Smell Opportunity
Crypto asset investment products experienced another challenging week as capital outflows continued for a second consecutive period. According to the latest report from CoinShares, a total of $584 million exited crypto-focused investment vehicles, pushing the two-week cumulative outflows to $1.2 billion. This movement coincides with investor uncertainty surrounding the likelihood of interest rate cuts by…
Bitcoin 656% Cyclical Gain Highlights Deep Market Demand – Glassnode
The Bitcoin market continues to react negatively to rising geopolitical tensions between Israel and Iran which has induced a wave of concern in the financial markets. Notably, the premier cryptocurrency has entered a consolidation movement between $105,000 – $106,000 following slight, after prices crashed to below $103,000 on Friday. Meanwhile, prominent analytics company Glassnode has…
Bitcoin Golden Cross Incoming, But Tensions Threaten Breakout
Bitcoin is still trying to regain short-term bullish momentum, as shown by its price action in the past 24 hours. After briefly slipping below $104,500, the cryptocurrency bounced back to trade above $106,000, and technical analysis now shows a technical formation that could cause the start of a more extended rally. Interestingly, as seen in…
If Patience Had Value, XRP Holders Would Own The Market—Expert
In a recent market twist, XRP surged almost 600% between November 2024 and January 2025. Based on latest data, that rally made it the top performer among major cryptocurrencies during the US President Donald Trump-led market-wide upswing. According to market commentator John Squire, the real story is the seven years of setbacks that preceded this…
Amid Bitcoin Hype, Seasoned Trader Predicts Sudden Drop To This Level
Bitcoin is at a crossroads again. Prices have been bouncing between $61,000 and $104,000 for about seven months. That range looks a lot like the $31,000–$64,000 sideways move before the sharp drop in early 2022. Traders and analysts are split over whether history is about to repeat itself or if fresh demand will keep Bitcoin…
Bitcoin Price Bounces Back: Bulls Eye New Upside Leg
Bitcoin price started a fresh decline and tested the $103,200 zone. BTC is now recovering and might aim for a move above the $106,800 resistance. Bitcoin started a fresh decline below the $106,800 and $105,500 levels. The price is trading near $105,800 and the 100 hourly Simple moving average. There was a break above a…
Why Bitcoin Price Continues To Rise Despite Soaring Treasury Yields — Analyst
Over the past few weeks, the Bitcoin price has maintained a somewhat healthy momentum, forging minor swing highs and lows in its bull run revival. Interestingly, this early-week upward movement has been corrected following the escalating conflict between Israel and Iran. All in all, the overall positive outlook for the premier cryptocurrency has remained, even…
Investors Are Fleeing Ethereum, On‑Chain Numbers Reveal
With investor demand seemingly on the rise, the Ethereum price looked set to cross the psychological $3,000 level over the past week. However, this dream hit a major stumbling block after geopolitical tensions quickly escalated in the late hours of Thursday, June 13. It didn’t take much time for Israel’s airstrike against Iran to impact…