The post Why Is Bitcoin Price Up Again Today? appeared on BitcoinEthereumNews.com.
The crypto market is closing out the week on firmer footing. $BTC is climbing back toward a closely watched level as regulatory optimism in the US and a major traditional-finance move offset lingering worries over ETF flows and macro pressure. Here is a breakdown of the crypto news today and what is moving the bitcoin price. What Is the Bitcoin Price Today? The btc price today sits at roughly $63,950, up around 1.2% over the past 24 hours and about 4% across the week, extending a rebound from late-June lows near $58,000. That run brings $BTC within reach of $64,000, a level it briefly cleared earlier in the week before easing back. Bitcoin price today in USD The recovery has firmed even as its footing stays thin. Institutional futures activity has thinned and downside options protection has turned unusually expensive, leading some derivatives traders to read the setup as a late-stage washout rather than
Saylor says Bitcoin can power digital capital, digital credit, and Bitcoin-backed digital money after Xapo London talk. Michael Saylor outlined his Bitcoin thesis during a July 1 fireside chat at the Xapo Bank Conference in London. The discussion covered Bitcoin as digital capital, digital credit, and Bitcoin-backed digital money. He said Bitcoin remains the dominant […]
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The post XRP (XRP) Surges Past $1.10 as Retail Traders Return Despite $7B ETF Withdrawals appeared on BitcoinEthereumNews.com.
Key Highlights XRP surged past $1.10 resistance during late trading hours, gaining 1.8% to reach $1.1065 Futures Open Interest remains stable at 2.14 billion XRP, increasing from Tuesday’s 2.09 billion The token continues trading beneath its 50, 100, and 200-day exponential moving averages, maintaining short-term bearish pressure Institutional investors show hesitation as XRP spot ETFs recorded approximately $7 billion in withdrawals on Wednesday Critical price zones: $1.10 acting as support, while $1.1065 and $1.13 present resistance barriers XRP posted a 1.8% gain on Thursday, escaping a narrow consolidation zone and pushing through the $1.10 threshold on elevated trading activity. The digital asset ranged from an intraday bottom of $1.0827 to a peak of $1.1065, subsequently settling within the $1.1020 to $1.1040 corridor. [[IMG_2]]XRP Price The decisive upwa
The post Bitcoin’s gets bullish signal from MACD. Next stop above $70,000? appeared on BitcoinEthereumNews.com.
Traders typically do not rely on a single indicator to determine market trends. But this particular MACD has proved reliable as a standalone gauge through the price crash from the record high of $126,000. Since October, negative crossovers have reliably marked the start of steeper declines, while positive crossovers have preceded meaningful recovery rallies – including the December–January bounce and the February–May bounce. BTC’s daily chart. (TradingView) The latest bullish crossover therefore points to a notable bounce ahead, though not necessarily the start of a full-blown new uptrend. That bigger move would need more confirmation, which is why the key resistance levels below are now in focus. Key levels ahead The first level to watch is the 50-day simple moving average, currently around $65,434. This is simply the average bitcoin price over the past 50 days (roughly two
The post Bitcoin (BTC) Eyes Critical $64,700 Level as Traders Monitor Daily Close appeared on BitcoinEthereumNews.com.
TLDR BTC recovered above the $63,000 mark with approximately 1.5% gains following Trump’s statement about Iran seeking negotiations Market participants are closely monitoring $64,700 as a critical daily closing threshold that could trigger a substantial relief rally Short position liquidations in the cryptocurrency market reached approximately $100 million over a 24-hour period Blockchain analytics reveal short-term holder losses matching patterns typically observed near historical cycle bottoms Large-scale holders accumulated 10,000 BTC during the current month, suggesting an accumulation period may be underway Bitcoin pushed back above the $63,000 threshold this Thursday following remarks from US President Donald Trump indicating that Iran is seeking diplomatic engagement. The leading cryptocurrency posted gains of roughly 1.5% during the trading session. Bitcoin (BT
The post Wells Fargo Expands Digital Asset Exposure with Strategic Bitcoin, Ethereum, and Solana ETF Investments appeared on BitcoinEthereumNews.com.
Key Highlights The banking institution expanded its Strategy position by 125%, reaching approximately 726,000 shares with roughly $41.5 million in additional exposure BlackRock’s Bitcoin ETF saw a reduction of 75,102 shares, though the bank redistributed holdings across alternative Bitcoin investment vehicles Ethereum-based ETF positions grew by 65%, with BlackRock’s Ethereum ETF holdings exceeding 1.10 million shares Initial investments in Solana-focused funds appeared in the filing, alongside an 828% expansion in Bitmine positions Galaxy Digital holdings were slashed by 97%, while Coinbase positions decreased by 25% A comprehensive SEC filing from Wells Fargo reveals the financial institution’s extensive digital asset holdings, demonstrating significant portfolio adjustments across Bitcoin, Ethereum, and Solana investment products, alon
The post Bitcoin Price Rebounds Above $64K as ETF Inflows Return appeared on BitcoinEthereumNews.com.
TLDR: Bitcoin price recovered toward $64,000 after U.S. spot Bitcoin ETFs recorded $221 million in net inflows, ending a 10-day period of outflows. Bitcoin and Ethereum gained as market pressure eased, but traders continue monitoring resistance levels and broader macroeconomic conditions. Bitcoin price analysis shows $63,600 as a key support area, while a move above $65,000 could improve short-term market momentum. Stablecoin supply contraction and upcoming U.S. CPI data remain important factors that could influence crypto market direction. Bitcoin price moved back toward $64,000 after U.S. spot Bitcoin ETFs recorded fresh inflows, reducing pressure from a prolonged selling period. The recovery followed a 10-day stretch of ETF outflows that weighed on institutional demand. U.S. spot Bitcoin ETFs registered $221 million in combined net inflows on July 9, marking a shift from recent with
The post Will $1.4B in Bitcoin Options Expiring Today Move the Market? appeared on BitcoinEthereumNews.com.
Will there be more volatility today prompted by the expiry event? The end of another week has arrived, which brings another Bitcoin and Ethereum options expiry event as spot markets remain sideways. Around 23,400 Bitcoin options contracts will expire on Friday, July 10, with a notional value of roughly $1.4 billion. This one is smaller than usual expiry events, so there is unlikely to be any impact on spot markets. Crypto markets gained earlier in the week but have fallen back since the escalation of military action in Iran and the Federal Reserve’s meeting on Wednesday. Around $30 billion has left the space since Monday. Bitcoin Options Expiry This week’s batch of Bitcoin options contracts has a put/call ratio of 0.97, meaning that sellers of long (call) contracts and short (put) contracts are evenly matched. Max pain is around $62,000, which is a little lower than current spo
