Bitcoin rebounded from a drop to $59.1k, defended the $60k level, and climbed to a local high of $64k. Even so, market conditions remained volatile. At press time, $BTC traded at $63,058 after gaining 2.03% over the past 24 hours. Trading volume rose 40% to $36 billion during the same period, pointing to renewed market
Bitcoin price recovered above $62,000 on Monday after last week’s selloff pushed the asset to about $59,100. The rebound briefly carried $BTC near $64,200 before sellers returned, leaving the market between long-term support and its first recovery barrier. At the time of writing, Bitcoin traded near $63,000, up 1.39% over 24 hours. Its daily range
Bitcoin is trying to recover after losing channel support, but analysts remain split on what the breakdown means. One chart points to a possible short-term bounce before deeper downside, while another questions whether the current structure is really a bear flag. Bitcoin Bounce May Be Short-Lived as Analysts Watch for Deeper Drop Toward $39K Bitcoin
Bitcoin has recovered more than $3,000 from its weekend low after buyers defended the $60,000 level, and a wave of short covering helped lift prices back above $63,000. According to CoinGecko data, Bitcoin traded near $62,700 on June 8 after briefly falling below $60,000 on June 6, its first break of the level since 2024.
Bitcoin climbed roughly 5% to around $64,000 on Sunday after U.S. President Donald Trump said Israeli Prime Minister Benjamin Netanyahu will have “no choice” but to accept a U.S.-brokered deal with Iran. Key Takeaways: Bitcoin reclaimed about $64,000, roughly 5% above its June 5 low near $59,100. However, just hours later, prices once again dipped
The United Nations Development Programme (UNDP) has launched a new Blockchain Advisory Group that brings together 26 organizations, including the Ethereum Foundation, Cardano, and Stellar, to explore how blockchain can improve financial access, digital identity, public services, and climate initiatives worldwide. UNDP Wants Blockchain to Solve Real Challenges The Blockchain Advisory Group (BAG) was officially
Bitcoin remains under pressure after a steep correction erased a significant portion of its earlier gains, yet fresh speculation surrounding Strategy Executive Chairman Michael Saylor has injected new interest into the market. Traders continue monitoring whether Bitcoin can defend critical support levels while also assessing the possibility of another major corporate accumulation event. As sentiment
Bitcoin is at a crossroads after a sharp decline pushed the asset back into one of the most important support areas of the current market cycle. On June 5, $BTC fell to $59,100, reaching a level that has historically either stopped major declines or opened the door to significantly lower prices. At press time, Bitcoin
Following the recent sharp sell-off in the cryptocurrency market, a noteworthy assessment of Bitcoin’s short-term outlook has emerged. An analysis published by the research firm 10X Research states that the recent decline stemmed not from aggressive short positions in the futures market, but directly from selling pressure in the spot market. According to the company’s
CME’s bitcoin volatility index futures began trading last week, offering investors a new way to trade and hedge price volatility. DV Chain and Monarq Asset Management executed the first block trades, kicking off trading in the contracts. These volatility contracts track the CME CF Bitcoin Volatility Index (BVX), which represents the market’s expectations for bitcoin