After reaching levels of $82,000 in May, Bitcoin experienced a sharp decline, falling below $60,000 in just days. Although $BTC has recovered from this level, it remains stuck between $60,000 and $62,000. While analysts generally expect a sideways period for the summer months, expectations of an uptrend for the last quarter of 2026 remain. At
Bitcoin has fallen below the lowest band of the popular Bitcoin Rainbow Chart for the second time in its history, a valuation model that has tracked $BTC’s long-term price cycles for more than a decade. Some of bitcoin’s most fervent holders believe the chart is signaling a key buying opportunity. CryptoRover drew comparisons on X
Bitcoin BTC$61,415.83 likely has further downside ahead before the current bear market runs its course, according to 10x Research founder Markus Thielen. Thielen’s call centers on the recent strength of the U.S. dollar, which historically acts as a headwind for bitcoin. The outlook has been reinforced by the Federal Reserve’s hawkish turn under new Chair
Gold and silver have both retreated sharply from their January 2025 highs, falling below key psychological milestones. Gold is down roughly 28% from its January peak of $5,600 and now trading below $4,000 per ounce, while silver has fallen more than 50%, slipping beneath $59 per ounce on Wednesday. The sell-off has been driven largely
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1682.86, up 0.5% (+8.62) since 4 p.m. ET on Tuesday. Fifteen of 20 assets are trading higher. Leaders: AAVE (+5.9%) and ICP (+2%). Laggards: XLM (-1.4%) and ADA (-1.2%).
Despite the ongoing downward trend in the cryptocurrency market, some analysts remain optimistic about Bitcoin’s long-term outlook. Crypto analyst David Eng stated that while Bitcoin ($BTC) is currently in a bear market, its long-term cyclical structure remains intact. According to Eng, Bitcoin’s price movements are driven by two key indicators: the 400-day moving average and
The leading cryptocurrency, Bitcoin, is stuck between $60,000 and $62,000. According to recent analyses, $BTC is testing the $60,000 support level due to the lack of recovery catalysts. In this context, although Bitcoin rose above $65,000 on Monday, it subsequently fell back to the $62,000 level. The market is now focused on whether the $60,000
Financial infrastructure provider OpenPayd said Wednesday that it has secured authorization under the European Union’s Markets in Crypto-Assets Regulation (MiCA), allowing it to offer crypto services across the European Economic Area (EEA) via passporting. The license lets OpenPayd operate as a crypto asset service provider (CASP) to offer services such as fiat-to-stablecoin on-ramping and off-ramping,
Bitcoin ($BTC) is “compressed” at low levels but its classic cycles remain intact, say new research. Key points: Bitcoin is acting just like in prior cycles as it circles a key four-year trend line. Analysis says that $BTC price action is currently “compressed” as it trades below a $76,400 target. A new estimate put the
Bitcoin continues to gain attention beyond investment circles. Businesses now evaluate it as a practical payment tool. One company that remains vocal about its experience is Steak ‘n Shake. The fast-food chain recently reaffirmed that Bitcoin helps reduce transaction costs significantly. According to the company, the savings remain substantial even after months of accepting the