Cryptocurrencies have experienced a downturn in the last 24 hours, coinciding with global market reactions to events unfolding in the Middle East, while indications of a technology sector rally continue to strengthen. Bitcoin fluctuated within a range of $60,682 to $58,856 over the last 24 hours. Overall crypto market capitalisation has declined by approximately … Read more
Bitcoin has breached a significant support level that traders were monitoring, with The Martini Guy cautioning that buyers were unable to uphold the $63,500 threshold, while liquidation heatmaps indicate an accumulation of liquidity above the prevailing price. The first part of the setup is straightforward: $63,500 has been regarded as a significant support level for … Read more
Bitcoin’s futures market has experienced a significant leverage reset. Traders are currently observing if the forthcoming movement will be influenced by spot demand instead of derivatives speculation. Data shared on June 22 indicated that total BTC Open Interest across exchanges decreased from $26.0 billion to $20.89 billion throughout June. The decrease in futures exposure exceeded … Read more
Cryptocurrency markets continued to face challenges in 2026, as Bitcoin—the leading digital asset—witnessed a decline of nearly 24 per cent year-to-date, trading at approximately $66,500. The world’s largest cryptocurrency is currently down approximately 47 per cent from its October 2025 peak of $126,198, with its market capitalisation decreasing to around $1.5 trillion from nearly $2.5 … Read more
Bitcoin climbed to its highest level in nearly two weeks after the US and Iran said they reached an agreement to end hostilities and reopen the Strait of Hormuz. The original cryptocurrency rose nearly 3 per cent in early Asia trading Monday and was around $65,400 at 9:30 a.m. in Singapore. Ether, the second-largest token, … Read more
Heightened hopes for a peace agreement between the U.S. and Iran lifted sentiment in the crypto market. The agreement is expected to extend the truce and ease the restrictions in the Strait of Hormuz. The decline in crude oil prices, along with the softness of the U.S. dollar, has enhanced sentiment towards digital assets. However, … Read more
Cryptocurrencies faced a notable drop in the past 24 hours, influenced by rising worries about a strict monetary policy approach from the Fed, triggered by persistent price pressures in the U.S. economy. Consumer price inflation readings for May are scheduled for release on Wednesday morning. The recent escalation in the Middle East has influenced sentiment … Read more
The bitcoin ETF bleed has permeated the entire crypto landscape. U.S. spot bitcoin funds experienced a significant outflow of $396.60 million on Wednesday, marking the continuation of a record streak with 13 consecutive sessions of withdrawals. This brings the total outflow to $4.37 billion since mid-May, as ether, solana, and XRP products also joined the … Read more
A record 10-session, $2.97 billion outflow streak from spot bitcoin ETFs, coupled with a fresh rally in oil prices due to stalled U.S.-Iran ceasefire talks, has kept bitcoin at $73,389.38. This situation continues to put pressure on the wider crypto market, even as Wall Street’s AI trade drives global equities to new records during Asian … Read more
Bitcoin’s return to $100,000 remains a widely discussed objective within the market for 2026. However, a bearish perspective suggests that this goal is increasingly becoming less attainable as price movements show signs of weakening beneath the $80,000 threshold. This bearish outlook originated from a crypto analyst on the social media platform X, who forecasted that … Read more
