The post Bitcoin’s Tug-of-War: Near Stability or Impending Shift? appeared on BitcoinEthereumNews.com.
Following a notable bounce in early July, Bitcoin‘s price trajectory remains shrouded in uncertainty. Initial declines below $58,000 were promptly followed by a rebound to $64,657, only to see the cryptocurrency retract again to approximately $62,417 a couple of days later. Continue Reading:Bitcoin’s Tug-of-War: Near Stability or Impending Shift? Source: https://en.bitcoinhaber.net/bitcoins-tug-of-war-near-stability-or-impending-shift
The post Bitcoin Leads $327M Crypto Liquidation Cascade in 24 Hours appeared on BitcoinEthereumNews.com.
Crypto News Crypto derivatives markets flushed roughly $326.58 million in leveraged positions over the past 24 hours, with Bitcoin (BTC) at the center of the deleveraging. Long positions absorbed most of the damage, accounting for $200.55 million, or 62% of the total, while short positions made up the remaining $125.5 million, or 38%. Our reading of the derivatives open-interest data points to a broad, fast unwind rather than a single directional blowout. As of the latest snapshot, Bitcoin trades near $62,000 and Ethereum (ETH) near $1,734, both softening as forced selling drained margin across major venues and pushed traders toward the exits. Venue-level data shows the liquidations were heavily concentrated. Over the most recent four-hour window, Binance processed the largest share at roughly $8.23 million, or 42.54% of the total, with short positions making up 57.84% of that figur
The post Bitcoin Slips To $62,000, Paring Rebound As CryptoQuant Sees Room Higher appeared on BitcoinEthereumNews.com.
Bitcoin traded near $62,000 today, surrendering part of a rebound that had carried it to $64,000 from last week’s bear-market low of $57,700. The pullback holds the price above the $60,000 level that CryptoQuant treats as support, though it trims a recovery of some 11% off the bottom. The dip came as CryptoQuant’s Weekly Crypto Report, published today and shared with Bitcoin Magazine, argued the backdrop skews toward further gains. Head of Research Julio Moreno framed the bounce as a bear-market recovery rather than a trend reversal, with one central caution: the firm’s Bull Score Index, an aggregate of on-chain, market, and valuation conditions on a 0-to-100 scale, sits at 20, inside the bearish zone at or below 40 and short of the 60 reading tied to a sustainable bull market. The report’s bullish case rests on seasonality. Across the past decade, July has ranked amon
The ongoing US-Israel coordination against Iran highlights persistent geopolitical tensions, influencing global markets and investor strategies.
The post US notifies Israel ahead of reported attack on Iran, sending Bitcoin into familiar territory appeared first on Crypto Briefing.
The post Bitcoin ETFs Log Third Straight Day of Inflows Led by BlackRock’s $54.8M IBIT appeared on BitcoinEthereumNews.com.
Bitcoin News US spot Bitcoin (BTC) exchange-traded funds extended their recovery for a third consecutive trading day, with the product category posting $21.44 million in net inflows. The rebound was carried almost entirely by BlackRock’s IBIT, which absorbed $54.8 million on the session and single-handedly offset redemptions elsewhere in the complex. It marks the most durable stretch of positive flows for the Bitcoin fund category since a punishing June selloff, and it arrives while spot price sits near the $62,000 area. On-chain and flow data we track show the turn is real but still fragile, not yet a confirmed demand reversal. The three-day run followed a broader two-session snapback in which US spot Bitcoin ETFs pulled in roughly $500 million combined, ending a multi-week bleed. The official flow data records $221.72 million of net inflows on July 2 and $265.69
Russia's relaxed crypto regulations may boost domestic market growth and influence global sentiment, impacting Bitcoin's future outlook.
The post Russia eases crypto rules, drops wallet disclosure, caps retail investment appeared first on Crypto Briefing.
The post Stablecoin Supply Is Falling And Bitcoin May Be Paying The Price appeared on BitcoinEthereumNews.com.
The post Stablecoin Supply Is Falling And Bitcoin May Be Paying The Price appeared first on Coinpedia Fintech News Stablecoin supply is shrinking, and it’s becoming one of the biggest reasons behind Bitcoin’s weak price action. New data from CryptoQuant shows fresh stablecoin inflows to exchanges have dropped 31% yearly. Meanwhile, the combined supply of USDT and USDC is also falling, reducing the buying power needed to support Bitcoin’s recovery. Stablecoin Supply Is Falling, … Source: https://coinpedia.org/news/stablecoin-supply-is-falling-and-bitcoin-may-be-paying-the-price/
The post XRP Holds Near $1.09 as Buyers Defend Key Support appeared on BitcoinEthereumNews.com.
XRP News XRP, the fourth-largest cryptocurrency by market value, is grinding lower against both the dollar and Bitcoin as sellers keep control of the broader trend. The altcoin continues to trade inside a well-defined descending channel on the daily chart, sitting below its 100-day and 200-day moving averages, which now slope lower and cap rallies above $1.25. Buyers have repeatedly defended the pivotal $1 region since the token lost $1.25 in early June, turning that zone into the line that must hold. A clean break above $1.25 would open a path toward the 200-day average near $1.45, while a daily close under $1 risks a slide toward $0.80 and a deeper leg of this bear market structure. A structural demand driver has quietly taken shape on the XRP Ledger, where the number of commercial transactions executed entirely by autonomous software has crossed 1 million. On-chain data shows these settle
Geopolitical tensions can trigger volatile crypto market reactions, posing significant risks for leveraged traders and impacting mining operations.
The post IRGC missile and drone strikes on US bases send Bitcoin tumbling before sharp rebound appeared first on Crypto Briefing.