Bitcoin Traders Increasingly Convinced Price Will Fall Below $70K by End of May
Prediction market odds are rising for Bitcoin to drop below $70,000 in the next few days following a dip to a six-week low price.
The Defiant·
Nearly $934 million in crypto positions liquidated across 167,400 trader accounts, with Bitcoin and Ethereum taking the heaviest losses amid market volatility.
Read full articlePrediction market odds are rising for Bitcoin to drop below $70,000 in the next few days following a dip to a six-week low price.
The US-Iran war has again escalated with fresh strikes from both sides, a development that has now dampened hopes of an imminent peace deal. This has caused another significant decline in Bitcoin’s price, with an expert urging market participants to remove their funds from BTC. US Strikes Iran As Expert Urges Investors To Dump Bitcoin An Al Jazeera report shows that the US shot down four Iranian drones and attacked a ground control station in Bandar Abbas, in a new escalation of the 3-month-long war. In response, Iran also struck an American airbase in Kuwait, a move that further threatens to escalate the tensions between the two sides. Bitcoin fell sharply on the back of these fresh attacks, amid fading optimism of an imminent peace deal. Related Reading: This Bitcoin Index Just Entered The High Risk Territory As Price Stalls Before now, US President Donald Trump had said that an agreement between the US and Iran had been largely negotiated, signaling that an announcement was immin
Geopolitical tensions from US-Iran conflicts may disrupt oil supply, leading to market volatility and potential strategic shifts by OPEC. The post US attacks on Iran drive oil price surge amid geopolitical tensions appeared first on Crypto Briefing.
PancakeSwap's integration of market makers on Ethereum enhances pricing efficiency and CAKE deflation, but raises trust and transparency concerns. The post PancakeSwap integrates top market makers for better quotes on ETH swaps appeared first on Crypto Briefing.
The move cements ETF flow as the main driver of Bitcoin’s short‑term price action, with discretionary buyers increasingly forced to trade around institutional liquidity. Crypto ex‑Bitcoin (BTC) and Ether (ETH) ripped through a volatile 12‑hour window, with ETF outflows, Solana…
RWA standard ERC-7943 reaches final stage as Ethereum builders rethink how institutional finance move onchain.
Bitcoin's dip amid geopolitical tensions highlights the volatility of crypto markets and underscores the urgent need for regulatory clarity. The post Bitcoin falls below $73,000 despite Trump’s push for CLARITY Act appeared first on Crypto Briefing.
Bitcoin continues to trade under pressure after losing the critical $75K-$76K support zone, while broader market sentiment remains cautious amid weakening ETF inflows and deteriorating technical structure. However, BTC is now approaching an important confluence of technical supports around $70K-$72K, where both trendline support and the 100-day MA could provide temporary relief for the market. […]