The post BTC, XRP, ETH’s quiet split: Strong in USD, lagging in yen appeared on BitcoinEthereumNews.com.
Early today, traders received Japan’s producer price index for June, which came in at 7.1%, the fastest annual increase since March 2023. The spike in wholesale inflation reinforced expectations for further Bank of Japan rate hikes. A former central bank official said Thursday that the BOJ may hike rates faster, potentially pushing them above 2%. Note that the Japanese yen and Bitcoin have developed an unusually strong positive correlation, often moving in lockstep against the U.S. dollar. If that correlation holds, yen upswings may ultimately prove positive for bitcoin in general, even as BTC/JPY (and other crypto/JPY) pairs continue to lag in relative terms. The GPIF Risk The Government Pension Investment Fund (GPIF) of Japan manages roughly ¥277 trillion ($1.87 trillion) in assets, making it the world’s largest retirement fund. It invests heavily in global stocks and bonds. Now t
The post Polymarket odds peg BTC above $52K at 99.95% as July 12 ladder tightens appeared on BitcoinEthereumNews.com.
Rongchai Wang
Jul 10, 2026 06:03
Bitcoin held above $62,000 as U.S.-Iran tensions flared again, while oil rose a third day and gold fell a fourth, leaving crypto relatively muted.
Polymarket odds peg BTC above $52K at 99.95% as July 12 ladder tightens Polymarket’s BTC July 12 Ladder Holds Steady After U.S.-Iran Tension Headlines Polymarket’s Bitcoin ladder for July 12 is pricing a high-confidence floor, with “BTC above $52,000” at 99.95% on $280,453 in volume. The tight range of per-strike odds follows a macro-news beat about muted crypto reaction to renewed U.S.-Iran tensions, giving a clean read on where traders place the key cutoff levels by expiry. Key Takeaways Polymarket’s leading line is BTC above $52,000 on July 12 at 99.95% implied odds. After a headline framing bitcoin as steady amid renewed U.S.-Iran tensions, the ladder concentrates probabi
The post DEXE up +16.75%, BTC +2.44%, DeXe is The Coin of The Day – Daily Market Update for Jul 10, 2026 | CoinCodex appeared on BitcoinEthereumNews.com.
Key highlights: The total cryptocurrency market cap increased from $ 2.16T to $ 2.17T in the past 24 hours, representing a 0.19% change The Bitcoin price at press time is $ 64,116 after growing by 2.44% in the last 24 hours The total crypto trading volume increased by 148.59% in the past 24 hours, and is currently at $ 517.59B All prices and changes are presented at the time of publication: July 10, 2026, at 06:00 UTC Market Overview The total cryptocurrency market cap is currently $ 2.17T after a 0.19% increase on the day. The total crypto trading volume increased by 148.59% in the same time frame. Bitcoin is trading at $ 64,116 after seeing a 2.44% gain in the last 24 hours. The Bitcoin dominance grew by 0.97% and BTC currently represents 59.38% of the cryptocurrency market. Top Coins By Market Cap At press time, Bitcoin has a marke
The post Bitcoin Price Analysis: Has BTC Cleared the Danger Zone After $64K Surge? appeared on BitcoinEthereumNews.com.
Despite showing signs of short-term stabilization above a major support zone, Bitcoin’s downtrend might not be over yet. While momentum has improved on lower timeframes, the broader trend is still tilted to the downside, with price trading below key moving averages and facing heavy overhead resistance. Meanwhile, on-chain data suggests that large holders may still be distributing coins, adding more fuel to a potential further decline. Bitcoin Price Analysis: The Daily Chart The daily chart shows BTC trading around $64K after bouncing from the $60K support region. That area has once again attracted buyers and prevented a deeper breakdown, while the RSI has formed a higher low from oversold conditions (bullish divergence), signaling improving momentum after the recent sell-off. Despite the recovery, the broader structure remains bearish. Bitcoin continues to trade benea
Despite showing signs of short-term stabilization above a major support zone, Bitcoin’s downtrend might not be over yet. While momentum has improved on lower timeframes, the broader trend is still tilted to the downside, with price trading below key moving averages and facing heavy overhead resistance. Meanwhile, on-chain data suggests that large holders may still […]
The post Robinhood Chain sees over $70M in ETH bridged during first week appeared on BitcoinEthereumNews.com.
Robinhood’s choice to use Ethereum further solidifies its position as the “ultimate settlement layer and liquidity foundation for tokenized assets,” said HashKey Group’s Tim Sun. The amount of Ether bridged to Robinhood’s new layer-2 blockchain exceeded $70 million in just the first week, according to Token Terminal. Robinhood Chain, an EVM-compatible Arbitrum-based layer-2 network that uses ETH as its native gas token, launched on July 1 with the company describing it as “AI-native and purpose-built for real-world assets.” “If adoption continues, the chain could become a meaningful new source of demand for ETH,” said Token Terminal on Thursday. Read more Source: https://cointelegraph.com/news/robinhood-chain-sees-over-70m-in-eth-bridged-during-first-week?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound
The post XRP $13 Target Returns on 6M Crash Cycle Setup appeared on BitcoinEthereumNews.com.
XRP’s 6M chart shows a crash-to-expansion setup, with past cycle averages placing the macro target near $11 to $13. XRP traders are watching the six-month chart after a new crash-to-expansion thesis returned to market discussion. The thesis links past liquidation events with later macro rebounds in XRP price. The view compares the Covid crash, the FTX crash, and the 10/10 crash. It argues that XRP has followed a crash, accumulation, and expansion sequence after major market stress. According to the analysis, past rebounds suggest a possible $11 to $13 range. The $13 level is presented as a cycle-based target, not a confirmed forecast. The discussion comes as XRP trades near $1.09, based on the latest market snapshot. Traders are now weighing weak daily volume against a broader macro structure. Six-Month XRP Chart Returns to Focus Market analysts say XRP’s six-month chart can filter out short-
XRP’s 6M chart shows a crash-to-expansion setup, with past cycle averages placing the macro target near $11 to $13. XRP traders are watching the six-month chart after a new crash-to-expansion thesis returned to market discussion. The thesis links past liquidation events with later macro rebounds in XRP price. The view compares the Covid crash, the […]
The post XRP $13 Target Returns as 6M Chart Shows Crash-to-Expansion Setup After Crash appeared first on Live Bitcoin News.
Robinhood’s choice to use Ethereum further solidifies its position as the “ultimate settlement layer and liquidity foundation for tokenized assets,” said HashKey Group’s Tim Sun.