Pending Bank of Japan rate decision may impact Bitcoin price: Should traders prepare?
Bitcoin’s average price response to Bank of Japan rate hikes was a 22.5% sell-off. Will BOJ’s upcoming policy decision trigger another BTC price crash?
Glassnode Insights·
BTC traded down to nearly $60K as profitability collapsed, recent buyers fell deep underwater, and realized losses accelerated. Meanwhile, institutional demand weakened, treasury buying slowed, and options markets remained firmly defensive.
Read full articleBitcoin’s average price response to Bank of Japan rate hikes was a 22.5% sell-off. Will BOJ’s upcoming policy decision trigger another BTC price crash?
Bitcoin (BTC) and the wider cryptocurrency market could face additional selling pressure this week as Elon Musk’s SpaceX gears up for a $75 billion initial public offering (IPO), with the event expected to drain some of the liquidity that has supported the market’s leading crypto above $60,000. Analysts Warn Crypto Could Feel The Hit According […]
A public comment letter argues that regulated stablecoin issuers need clearer compliance standards to avoid sanctions risks tied to secondary-market activity.
The sanctions highlight the complexity and global reach of Iran's military procurement networks, potentially straining international relations. The post Treasury sanctions nine individuals and entities linked to Iran’s military procurement networks appeared first on Crypto Briefing.
Both Realized Cap and aSOPR are pointing to the same conclusion: capital is leaving the Bitcoin network while forced selling at a loss dominates market behavior.
BTC's rebound shows signs of weakening under a string of technical resistance levels, raising the odds of a dip below $60,000 in June.
Crypto analyst Crypto Lens has predicted that the Bitcoin price could rally to a new all-time high (ATH) of $150,000. This came as he outlined four scenarios that will build toward this rally to a new ATH by next year. Bitcoin Price To Still Rally To $150,000 Amid These Four Scenarios In an X post, Crypto Lens predicted that the Bitcoin price would rally to $150,000 by February next year. This came as he noted that BTC is now hovering at the exact level where every bull trap ends. The analyst stated that next week, another bearish rejection will send BTC back to $43,000. The rally to $150,000 and drop to $43,000 is notably among the scenarios he outlined for BTC. Related Reading: This Bitcoin Chart Shows What To Expect For The Next 3 Months After Major Decision Point In the first scenario, Crypto Lens predicted the Bitcoin price would drop to $48,000 within a few days. This will be followed by a drop to $43,000 in July, which is the second scenario. In the third scenario, the analyst
Publicly traded Fold sold Bitcoin holdings to restructure its balance sheet, fueling a stock surge on Wednesday morning.