Bitcoin price held above $62,000 after renewed fighting between the United States and Iran slowed traffic through the Strait of Hormuz and sent oil prices higher, reviving inflation concerns across global markets. Data from CryptoSlate shows that the largest digital asset traded near $63,000 on Thursday, holding above the $60,000 level that traders have watched…
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Although it has rebounded by $5,000 since its July 1 low at under $58,000, bitcoin remains in a highly pressured market structure that has halted each major breakout attempt. There are good reasons for that, of course, as multiple factors have aligned to keep it suppressed. Here are five of them. Macro Landscape The first…
A trader on Ostium has held a $1.14 million long position in EUR/USD perpetual futures for 400 days, applying a bitcoin-style HODLing strategy to forex.
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Worldcoin said earlier this year that the WLD unlock rate will drop by 43% on July 24 under existing schedules. It also said 4.9 billion WLD, equal to 49% of the token’s 10 billion total supply, was already unlocked as of Apr. 10, with 3.3 billion WLD in circulation. That makes the upcoming July cut…
Bitcoin’s relatively minor volatility sessions continued in the past 24 hours as the asset dipped below $62,000 again before it rebounded by over a grand, only to be halted again. Most larger-cap alts have remained sluggish on a daily scale, with ETH fighting for $1,750, while XRP is battling the $1.10 level. BTC Challenges $63K…
Bitcoin stayed under pressure this week after the United States and Iran exchanged air strikes. Market sentiment worsened further after President Donald Trump said the memorandum of understanding and the ceasefire with Iran “is over.” The uncertainty briefly pushed the world’s largest crypto asset close to $60,000 on Tuesday. By Thursday, however, it steadied at…
U.S. spot bitcoin ETFs lost a net $84 million on Wednesday, ending a three-day inflow run that had pulled in roughly $509 million
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