Bitcoin is pressing into a decisive resistance cluster near $65,000, where a 78.6% Fibonacci retracement and a descending trendline could determine the next short-term move. Improving spot and perpetual-futures demand supports a potential advance toward $67,000 to $68,000, but another rejection could expose support between $62,000 and $63,000. Bitcoin Tests a Critical 78.6% Retracement Below
Bitcoin $BTC$62,885.66 is ending July on firmer footing than many investors might have expected. Yes, it slipped below $63,000 on Friday, down about 3% on the day. But zoom out, and the largest cryptocurrency is still on track to finish the month up roughly 7.5% — a respectable showing considering the list of headwinds markets
Jack Mallers, the CEO of Strike, recently tweeted support for Bitcoin integration, stating, ‘@sndbtc @Strike Yes’. This endorsement underscores the company’s commitment to Bitcoin’s role in the evolving financial landscape. As crypto continues to gain traction, such endorsements may influence market sentiment and institutional interest in Bitcoin. Breaking It Down In a recent tweet, Jack
VanEck’s Bitcoin ETF ends its zero-sponsor-fee period today, July 31, with $1.076 billion in net assets, equal to 43.0% of the waiver’s $2.5 billion asset threshold. The VanEck Bitcoin ETF, which trades as HODL, reported the asset figure as of July 30. It was about $1.424 billion below the threshold, meaning HODL remained fully covered
Bitcoin price fell below $64,000 on July 31 as renewed U.S.–Iran tensions lifted oil prices and strengthened the dollar, while its 4-hour chart formed a bearish rounded-top structure. Bitcoin price falls below key moving averages According to data from crypto.news, Bitcoin ($BTC) price dropped as much as 3.6% from its intraday high on Friday, sliding
Federal Reserve Momentum Fades Bitcoin tumbled on the last day of July, shedding nearly $3,000 during a frantic 12-hour period that saw the cryptocurrency slide toward a two-week low. The plunge, a reversal from Thursday’s price action, significantly altered bitcoin’s trajectory toward a double-digit monthly gain that had looked certain 24 hours earlier. As shown
Crypto.com’s latest snapshot reveals that dormant Bitcoin has hit four-year lows, reflecting a significant trend within the market. The report comes as the Senate delays the CLARITY Act, raising concerns about regulatory clarity in the crypto space. This situation is crucial, as it may lead to increased caution among traders and affect buying strategies moving
7 Bitcoin Funds Gain as Blackrock Pulls $183.38M The institutional bid for bitcoin returned with force. After ending a four-day losing streak one session earlier, U.S. spot bitcoin ETFs drew more than $233 million as fresh capital flowed into seven funds with no product reporting outflows. Ether ETFs also moved back into the green. $XRP
The crypto market has struggled through much of the year amid limited capital inflows. Now, it could face tighter conditions capable of squeezing more liquidity from the space. The outlook followed rising U.S. bond yields, which increased the appeal of lower-risk assets. This shift could leave crypto holdings such as Bitcoin [$BTC] and altcoins off
A new arXiv preprint studying seven major Bitcoin crashes found the warning signal shifting among price, leverage, and order flow from one event to the next. One clue echoed across six usable cases. Taker order-flow variance tightened before each cascade, a faint weather front across the group rather than a siren traders could trust to