Bitcoin [$BTC] could trend even lower as market dynamics keep the asset locked in a range between $59,000 and $63,000. Momentum behind any rebound remains weak, and fresh data tied to global market liquidity warns that Bitcoin may slip further before it carves out a bottom and stages a strong bullish recovery. Bitcoin-to-global M2 ratio
Robinhood shares climbed nearly 7% on Wednesday. Investor confidence in the online brokerage’s growth prospects was boosted by a combination of strong operating metrics, bullish analyst commentary, and a strategic expansion into investment banking. The stock was lifted by fresh price-target increases from both Goldman Sachs and Cantor Fitzgerald, as Wall Street pointed to accelerating
Bitcoin’s recent decline has pushed short-term holder whales into the deepest stress phase of this cycle. Their unrealized losses have expanded to roughly $16.4 billion, reflecting the impact of Bitcoin’s [$BTC] slide from above $100,000 toward $60,000. As prices moved lower, more recent whale positions fell underwater, driving Unrealized Profit and Loss sharply into negative
Bitcoin has lost buyers on two fronts. The exodus from spot ETFs as a catalyst for the recent bitcoin price swoon is well documented. Less discussed is the equally steep drop in buying by digital asset treasuries, or firms whose core business is accumulating bitcoin as a treasury asset. “As $BTC broke down from the
Bitcoin is trading near a level it has usually reached only late in bear markets, and it has held there even after the hottest U.S. inflation print in three years. Checkonchain data show BTC fell toward close to its 200-week average, a rough four-year trend line watched by long-term holders. The model puts bitcoin in
Following a decline of more than 2% in the last day, Bitcoin [$BTC] was trading at $61,336.93 at press time—moving closer to the $60K mark. That being said, the $BTC dropped more than 24% in the last month, from $82k in mid-May to $61k at the time of publishing. The crypto community is divided Given
Bitcoin is struggling below $62,000 as selling pressure and fear continue to define the market environment. The uncertainty is real — but top analyst Woominkyu has published an on-chain analysis that reveals what was actually happening during the most intense phase of the decline. And the picture it paints looks considerably different from the panic
Market analysts have cautioned that Bitcoin and gold may face further headwinds this year following a 4.2% annual increase in the US Consumer Price Index (CPI) in May, according to figures released on Wednesday. The surge in the consumer price index, a broad gauge of goods and services costs across the US economy, deflated hopes
Bitcoin treasury companies are piling on debt at record rates to fund their $BTC buying, Capriole Investments founder Charles Edwards warned, reviving a year-old call that the model rests on unsustainable “fake yield.” Key Takeaways: Charles Edwards says bitcoin treasuries are “levering up at record rates” on debt-fueled growth. He likens the two hundred bitcoin
SpaceX’s record-breaking IPO is vacuuming up billions of dollars from eager investors, leaving crypto traders to watch for the capital rotation that often follows Musk-driven market frenzies. The phenomenon is not new: when Elon Musk’s ventures capture the public imagination, risk capital tends to chase the narrative, and digital assets can quickly fall out of