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Bitcoin stabilized near $62,000 after a brief dip to $61,300, posting a modest 1.5% daily rise—far weaker than the approximately 3% surges seen on July 1–2. Liquidations Drop Sharply Amid Marginal Gains Bitcoin consolidated between $61,000 and $62,000 following sizable gains during the first two days of July, as rising selling pressure capped its bullish … Read more
Bitcoin rebounded to a daily high of $62,137, marking a 3% 24-hour gain and establishing a bright start to July after bouncing off a recent low of $57,735. Liquidations Flip the Script on Derivatives On Thursday, bitcoin logged further marginal gains, briefly breaching the $62,000 threshold and widening the gap from a year-to-date low of … Read more
Bitcoin climbed to $61,211 early Thursday, a rebound of more than 5% off its 24-hour low. The move puts price back near the top of its daily range as short-term momentum indicators turn bullish while longer-term averages keep sellers in control. Bitcoin Fights Back After the June Selloff The bounce follows a pullback that traders … Read more
Bitcoin’s slide below marked a fresh yearly low, but the move didn’t last as a surge in high‑volume buying quickly flipped sentiment, driving the price back above $60,000. Bitcoin Reclaims $60K After Pre-Close Flush After capping a first half of the year marred by steep losses, bitcoin ( BTC) kicked off July on a volatile … Read more
Bitcoin faced significant volatility at the end of June, sliding toward $58,000, erasing recent gains, and putting it on track for double-digit monthly losses. Bitcoin’s June Decline Bitcoin looked poised to end June with double-digit losses after it slid toward $58,000 on Tuesday. Market data shows the top cryptocurrency tumbled from over $60,000 on Monday … Read more
Bitcoin snapped a two-day, $4,500 slide on Friday, experiencing choppy trading between $58,500 and $60,500 before settling around $60,000. Choppy Trading Snaps a Two-Day Slide Bitcoin oscillated between $58,500 and $60,500 on Friday, snapping a steep 48-hour decline that had shaved nearly $4,500 off its value. According to market data, the digital asset stabilized above … Read more
Jeremy Grantham, the billionaire investor who predicted both the dot-com crash and the 2007 housing collapse, says the artificial intelligence (AI) market is the biggest investment bubble in American history and warns that a 70% decline in high-flying AI stocks would not be unexpected. Jeremy Grantham, co-founder of Boston-based institutional investment firm GMO, made the … Read more
Bitcoin briefly plunged to a new year-to-date low of $58,035 on Thursday morning before staging a relief rally to trade flat around $59,500. Despite recovering its 24-hour losses, the intra-day chart reveals severe volatility and erratic price swings. Volatility Grips Bitcoin After Fresh YTD Low After plummeting to a fresh year-to-date (YTD) low of $58,035 … Read more
A crypto sell-off dragged the aggregate altcoin market capitalization below the $900 billion threshold twice within a 24-hour window, hitting brief lows of $872 billion. Is an ‘Altpocalypse’ Imminent? Altcoins Plunge to Historic Technical Lows Bitcoin’s slide to a multi-month low Thursday erased significant market value, but altcoins bore the brunt of the sell-off as … Read more
Mike McCluskey argues that bitcoin’s slide is due to its high-beta relationship with tech equities rather than broken crypto-native fundamentals. The Seoul-to-Nasdaq Contagion On Tuesday, June 23, the South Korean index, Kospi, plunged by more than 8%, triggering a Level 1 circuit breaker. The sharp drop was attributed to a severe global semiconductor stock correction, … Read more