Bullish Trading Volume Drops, Spreads Widen
Crypto exchange Bullish saw trading volume decline significantly, though wider spreads offered some offset. Spot and Ethereum volumes also fell.
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Crypto exchange Bullish saw trading volume decline significantly, though wider spreads offered some offset. Spot and Ethereum volumes also fell.
Bitcoin price climbed to a two-week peak near $65,500, driven by a positive shift in semiconductor stocks and broader market sentiment.
A rare technical signal on Bitcoin's weekly chart, previously preceding a significant rally, has reappeared, sparking speculation among analysts.
XRP's price fell to a 10-day low as market sentiment soured, whale transactions decreased sharply, and crypto ETFs saw outflows.
Bitcoin shows resilience against the US dollar, but its performance falters against the Japanese yen as intervention fears drive yen appreciation.
Crypto firm Strategy offloaded 3,588 BTC, but analysts suggest the move strengthens its financial footing and could support Bitcoin's price.
Bitcoin shows three key bullish technical indicators, potentially pushing its price towards $65,400 amid renewed ETF inflows and whale activity.
Bitcoin bulls are watching the $67,000 supply zone after BTC bounced from ascending channel support, with $63,700 acting as key demand.