Bitcoin has fallen back toward the $64,000 level after the Federal Reserve adopted a hawkish policy stance, erasing a relief rally that had been fueled by easing Middle East tensions and renewed hopes for lower energy prices. According to crypto.news market data, Bitcoin ($BTC) climbed to an intraday high of $66,315 on June 17 before
Bitcoin is back at a key support area after losing its recent breakout level, leaving traders split on the next move. The Moon Show says $BTC needs a strong reaction from support, while SuperBro says a CME gap fill and possible moving average cross could still push Bitcoin toward $70,000. Bitcoin Slips Below Breakout Level
In brief Bitcoin traded near $64,100 Thursday morning, down about 1% on the day but up roughly 2% over the past week, after the Federal Reserve’s first meeting under new Chair Kevin Warsh. Warsh’s hawkish signals, which included lifting the Fed’s year-end rate projection and reviving July hike bets, cooled a relief rally tied to
A potential signal in Bitcoin’s market behavior is drawing attention as investors look for clues about where money could move next. Analyst Pumponomics said he recently increased his crypto exposure after spotting a bullish divergence between Bitcoin and the S&P 500, a pattern he believes could indicate capital returning to digital assets. Pumponomics said he
According to on-chain data, Bitcoin’s largest holders are currently in the middle of a massive accumulation campaign. According to blockchain analytics firm Santiment, the amount of Bitcoin held by “whale” addresses (wallets with over 1,000 $BTC) has rebounded sharply to 7.17 million $BTC. This is the highest level since March 14, which indicates that there
Bitcoin has fallen below $64,000 after the Federal Reserve signaled additional rate hikes in 2026, wiping out a relief rally that had briefly pushed the cryptocurrency above $66,000. According to market data, Bitcoin climbed to an intraday high of $66,315 on June 17 before reversing course and sliding to around $63,800 during early June 18
Cryptocurrency exchange Kraken has stated that Bitcoin ($BTC) has entered a significant buying zone for long-term investors. According to recent analysis, the Bitcoin price hovering near the 200-week simple moving average (SMA) presents a picture historically associated with strong buying opportunities. Kraken’s assessment highlighted that the 200-week moving average is one of the most important
Something has drastically shifted in the bond market, and it’s offering negative cues to risk assets, including bitcoin BTC$64,010.98. The gap between the U.S. 10- and two-year Treasury yields has narrowed to just 28 basis points, the tightest spread since April 2025, according to data source TradingView. That’s what’s known as yield curve flattening, and
Bitcoin $BTC$63,644.27 has recently been flirting with a level that has historically proved a near-perfect entry point for bulls, generating handsome returns, crypto exchange Kraken’s Chief Economist Thomas Perfumo told CoinDesk. That level is the 200-week simple moving average (SMA), which represents the token’s average price over that period, providing traders with a clear glimpse
Strategy executive chairman Michael Saylor says the company’s core purpose is creating financial products backed by Bitcoin ($BTC), a business model he compared to a reserve bank. According to him, Bitcoin’s next stage of development should be about building a layered capital market around it. From Digital Gold to Digital Architecture In a June 16