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
Starknet’s recent tweet regarding Bitcoin yield has sparked significant interest within the crypto trading community. Eli Ben Sasson emphasized the difficulty in accessing a shielded version of Bitcoin, pointing out that Starknet’s strkBTC addresses this gap. This development opens new opportunities for traders looking to engage in private transactions and yield activities with Bitcoin. For
The Japanese yen recorded its largest one-day gain against the U.S. dollar after USD/JPY reversed from a recent high near 164.00, drawing renewed attention to how shifts in Japan’s currency could influence global financial conditions and, in turn, Bitcoin. The move came as traders weighed reports of possible intervention by Japanese authorities and a weaker
U.S. Spot Bitcoin ETFs recorded renewed demand after weeks of inconsistent flows, but Bitcoin’s market structure remained fragile. Fidelity’s fund finally returned to inflows. However, exchange activity and derivatives momentum still favored sellers. Is Fidelity demand returning? Fidelity Wise Origin Bitcoin Fund (FBTC) recorded $15.5 million in Daily Net Inflows as July ended. The reading
Bitcoin ($BTC) fell to its lowest levels in over two weeks on Friday as US stocks saw pressure into the monthly close. Key points: Bitcoin approaches $62,000 as daily losses hit 3.5%. US stocks saw no positive reactions to relief in Asia, where stocks rebounded after the semiconductor sell-off. Analysis warns that Bitcoin bear-market history
Bitcoin dropped below $64,000 today even as several altcoins pushed higher, a divergence that’s playing out against a backdrop of rising oil prices and a major currency intervention out of Japan. Bitcoin Slips, But the Selloff Looks Like Repositioning Bitcoin fell 2.77% over the past 24 hours, now trading near $63,257.38 overall. Open interest remains