Crypto exchanges are seeing the weakest retail-driven activity in years, but some of the biggest platforms are finding a lucrative new source of volume in Wall Street-style bets on gold, silver, oil, stocks, and indexes. According to a CryptoQuant report shared with CryptoSlate, the shift is emerging during one of the weakest trading periods for […]
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The XRP monthly relative strength index has fallen to 41.64, the lowest reading the indicator has ever recorded for the token — lower even than the 43.75 it hit in March 2020, when XRP bottomed out at $0.11 during one of crypto’s worst bear markets. Related Reading: Bitmine Seeks $300M Raise To Accelerate Ethereum Accumulation Strategy A Signal With A Caveat The current reading edges out that 2020 low, but it is not yet final. June is still open, and data shows that if XRP recovers to above $1.30 before the month ends, the RSI could close well above its current level, which would undercut the significance of the signal entirely. XRP market commentator Austin, who goes by that name in the XRP community, was the first to flag the RSI drop publicly. His initial chart showed the reading had fallen to 42.64 — itself a new all-time low at the time — as XRP slid to $1.18. Prices dropped further since then, pulling the RSI down to 41.62 at last check. The token is currently trading around $1.11. That puts it roughly 61% below its October 2025 high of $2.84, a decline that has stretched across several months without a meaningful recovery. XRP is the most oversold on the monthly time frame that it has EVER been. pic.twitter.com/xlKEQkK7tc — Austin (@Austin_XRPL) June 4, 2026 What History Suggests The 2020 episode offers a point of comparison, though it is only one. That year’s RSI bottom aligned with what turned out to be the price floor for XRP in that cycle. From that low, the token posted a string of higher lows before reaching $1.96 in April 2021. A later surge in November 2024 pushed it as high as $3.40, representing a gain of roughly 580% from the October lows of that year. The broader crypto market has also been under pressure this week. Bitcoin dropped toward the $63,000 mark after Strategy, the firm associated with Michael Saylor, confirmed it sold 32 BTC from its stash of more than 800,000 BTC. Total crypto market cap shed $330 billion in the span of a week. XRP’s Own Decline In Focus XRP’s market cap dropped from $82.5 billion at the start of this week to around $69 billion at the time of writing, a fall of roughly 15%. Reports note that the current price of $1.10 revisits levels last seen in early February. Related Reading: Bitcoin Faces Pressure As Investors Rotate Capital Into AI Buildout: Saylor RSI measures the speed and size of recent price changes, and a reading below 30 is traditionally considered oversold territory. XRP’s monthly reading at 41.64 sits above that threshold, though it represents a historically low level for the token specifically. Whether the June candle closes anywhere near its current RSI reading will determine whether the signal holds. Featured image from Pexels, chart from TradingView
The May payrolls beat was hawkish enough to pressure crypto, while government hiring and cooler yearly wage growth keep the second interpretation from being one-way.
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Apyx's apxUSD fell below its dollar reference on June 4 as Bitcoin traded near $63,000, putting DeFi dollar peg risk back in focus. A Bitget report said the token briefly touched $0.93 during the selloff. The report framed Apyx's response as a design point: apxUSD's reserve risk is largely borne by Strategy's STRC preferred stock, […]
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A Casascius coin tied to 25 BTC moved this week, converting a 2011 physical Bitcoin artifact into spendable BTC during a broader market selloff. Galaxy Research identified the item as an S1-COIN-25 Casascius physical Bitcoin, a large-denomination piece from the era when Bitcoin could still be handed across a table as a loaded coin. The […]
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Bitcoin’s relationship with the S&P 500 has stopped behaving like a simple correlation trade at exactly the wrong time for bulls. For much of 2026, the logic was clean enough. When oil jumped during the Iran war, yields rose amid inflation fears, stocks sold off, and Bitcoin followed, as the market treated BTC as a […]
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Bitcoin’s 200-week moving average, sitting at around $61,700, is the line the market is watching most closely right now. That level has marked the bottom of every major Bitcoin bear cycle going back to 2015, and it held again this week — at least for now. Related Reading: XRP Already Powers Real Banking Activity, Says Evernorth, With More Growth Expected A Classic Bottom Signal — Or Just A Pause? The selloff dragged Bitcoin down to around $61,300 before buyers pushed the price back up past $64,750, a recovery of more than 5%. Reports say the rebound came alongside news that Israel and Lebanon had agreed to a ceasefire, though the price action itself was already being shaped by a massive liquidation event. Over $740 million in BTC positions were wiped out in a 24-hour window, according to data from CoinGlass. Long traders took the bulk of the hit, with more than $623 million in bullish bets liquidated as the price fell. Bear Flag Still Looms Bitcoin’s weekly chart shows a bear flag breakdown still in progress. The pattern points to a potential drop into the $50,000–$52,000 range, and the setup has gained weight from rising trading volumes on the downside move. BTC has so far failed to reclaim the upper trend line of the flag. That failure keeps the bearish scenario technically intact, even after Thursday’s bounce. Some traders are reading the move differently. Analyst ZordXBT pointed to the long lower wick on Bitcoin’s candle as a sign that buyers came in hard near the lows. Trader RidaaXBT called for a short-term relief bounce toward the $69,000–$70,000 range, arguing that the liquidation wave may have cleared out enough near-term selling pressure to allow a recovery. $BTC Just like that, BTC dumped to the 61k level, which is most likely the local bottom for now. Expecting a relief bounce from here, with a potential move back toward the 69k–70k region. https://t.co/q5VGRG2Id1 pic.twitter.com/83U7H7Phog — Ridaa (@RidaaXBT) June 4, 2026 Not Everyone Is Convinced Not all market watchers are buying the optimism. Trader Hitman42.eth warned that bulls may be walking into a trap, suggesting the bounce could lure in new long positions before another leg down. everyone cheering this $3k bitcoin:native bounce is completely ignoring the graveyard they just walked over. $600m in longs just got vaporized in 60 minutes flat. we tapped $61k right above the february lows and bounced. catching a falling knife after a structural flush is… pic.twitter.com/5QpE8Vv8Rc — hitman42.eth (@ihitman42) June 4, 2026 The 200-week moving average remains the key dividing line. As long as BTC holds above $61,700, the bear flag breakdown is not confirmed. A convincing recovery from that level would put $70,000 back in play as the next meaningful price target. Related Reading: Ethereum Signals Strength As Citigroup Eyes $5.5 Trillion Tokenized Asset Boom Bitcoin has tested the 200-week average at major lows before — in 2018 and again during the March 2020 crash — and bounced sharply each time. Whether this week’s touch of that level marks a similar turning point, or just a brief pause before a deeper drop, remains an open question. Featured image from Gemini, chart from TradingView
Charles Hoskinson has announced that he is “taking a break” from the pressure around Cardano after an emotional plea to the community. His remarks, however, point to frustration rather than abandonment. It seems that the Cardano founder is openly questioning his remaining power over the network at a time when ADA holders are blaming him […]
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Mt. Gox moved more than $700 million worth of Bitcoin while the market was already under stress, giving traders a familiar reason to ask whether old bankruptcy coins are moving closer to new supply. The estate-linked wallets moved 10,422 BTC on June 2, worth roughly $739 million at the time of the transfer. Most of […]
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Bitcoin is back at a crossroads it has navigated multiple times in prior cycles, and this may be where the real test begins in this cycle. After weeks of trying to turn the low-$80,000s into a new recovery zone, BTC has returned to the $66,900-$68,000 area, the same band I have used through several recent […]
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Elon Musk’s SpaceX has turned one of the world’s largest artificial intelligence clusters into a commercial compute product, creating a new challenge for Bitcoin miners racing to recast themselves as AI infrastructure companies. Anthropic said it reached a deal to use the full computing power of SpaceX’s Colossus 1 facility in Memphis, Tennessee, giving the […]
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XRP has moved from a deleveraging panic to a fragile base-building phase, and the question of when the next all-time high will return hinges on catalysts that have yet to show up in price. The asset trades around $1.42 on CryptoSlate's live XRP page today, May 7, with a market value near $87.5 billion, roughly […]
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With Bitcoin trading near $82,000, a move back into price-discovery territory depends on whether ETF buyers keep absorbing supply while macro pressure remains contained. That is the practical answer to the two questions shaping the rest of 2026: when can Bitcoin reach a new all-time high, and is the market bottom already in? Bitcoin has […]
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Bitcoin is trading above $82,000 on May 6, while oil, Treasury yields, the dollar, and US stocks shift around the same volatile geopolitical and macro backdrop that has left investors exhausted after the last few months. The move reopens the inflation-hedge debate while leaving it unresolved. It also puts pressure on the claim that BTC […]
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Global equity funds pulled in over $15 billion in the week through Apr. 1, then $23.47 billion, $31.26 billion, and finally $48.72 billion in the week through Apr. 22. Global money-market funds simultaneously bled a $173.24 billion outflow in the week through Apr. 15, the biggest single-week exit from cash since at least September 2018. […]
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The 10 largest AI stocks now make up about 41% of the S&P 500, according to a BofA Global Research chart circulated online. That puts the AI basket at the same concentration level that tech and telecom reached around the dot-com peak. The BofA chart put the Nifty Fifty at 40% in the 1970s and […]
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Bitcoin is approaching a point where the market may have to choose between two very different outcomes. Traders are still paying to stay short, yet price, ETF flows, and market leadership are no longer behaving as if the market were stuck in a collapse. In a recent X post, Alphractal analysts argued that Bitcoin funding […]
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Quantum computing has long served as Bitcoin’s most cinematic threat. It has the right ingredients for a high-drama warning, strange machines, broken cryptography, and the possibility of a future rewrite of digital trust. Yet the greater danger facing Bitcoin today looks far more ordinary and far more commercial. It is artificial intelligence, and the pressure […]
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Bitcoin has spent much of 2026 moving between recovery attempts and macro shocks, yet one part of the market has kept moving in a single direction. Large holders have been buying. On April 16, Bitfinex highlighted CryptoQuant data showing whales accumulated 270,000 BTC over the previous 30 days, the largest buying spree since 2013, while […]
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Bitcoin reclaims $71.5k and pushes through the old ATH band, now the market has to prove it can hold there Bitcoin spent the last 24 to 48 hours doing what the market had repeatedly failed to do through the first part of the year. It moved through the $71,500 ceiling, reclaimed $72,000, and then started […]
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Previous bear markets left scars that are hard to ignore. The 2017 crash wiped out more than 80% of Bitcoin’s value. The 2021 collapse took nearly 77%. So when a fresh wave of analysts began calling for a drop to $50,000, the warnings carried weight — at least on paper. Related Reading: TRUMP Buying Frenzy Builds Ahead Of Mar-A-Lago Power Event A Different Kind Of Cycle Nick Ruck, director of LVRG Research, said the $50,000 level was being eyed as the last major buying opportunity before any real recovery could take hold. A drop to that price, he said, would represent a “healthy cycle reset” given the pressure from broader economic forces and weak movement of capital into crypto. But Ruck also raised a point that separates this downturn from past ones: Bitcoin is already down roughly 40% from its record high, and this time around, large institutions are involved in ways they simply weren’t before. That changes the math. Prior crashes were driven mostly by retail traders — ordinary people buying and panic-selling. Institutional money behaves differently, and consistent buying pressure from that side of the market may be putting a floor under prices that didn’t exist in earlier cycles. “There is a chance this cycle might not reach an idealized 60% drawdown,” Ruck said, pointing to what he called a distinctively macro-structured market environment. Bitcoin: the big flush… I don’t think we’ve had it yet I don’t think $60,000 was the bottom You can pray for it of course ???? but it won’t help Trend is still down The few % bounces are tiny if you zoom out I will reconsider this stance in case bull strength returns It’s just… — Ivan on Tech ???????????? Head Trader @ Bullmania (@IvanOnTech) April 13, 2026 Trader and author Ivan Liljeqvist posted to X that Bitcoin had yet to experience what he called “the big flush.” He said he didn’t believe $60,000 marked the bottom, and that the overall trend remained pointed downward. The small bounces seen along the way, he argued, looked minor against the bigger price picture. Analyst Merlijn Enkelaar echoed that view, suggesting Bitcoin was entering a second bear phase that could push prices to $50,000 before any wider distribution of gains takes place. THREE PHASES. BITCOIN ABOUT TO ENTERTHE SECOND. Accumulation: done. Manipulation: loading. Distribution: $150K. Pending. $70K is the decision. Hold it: manipulation is short. Lose it: $50K first. They ran this playbook once already. You watched it happen. pic.twitter.com/yJMAeA6Tfh — Merlijn The Trader (@MerlijnTrader) April 13, 2026 Geopolitical Tensions Drive Swings Crypto prices don’t move in a vacuum. A temporary ceasefire between the US and Iran sent Bitcoin briefly above $75,000 — the kind of jump that happens when fear lifts, even for a moment. US President Donald Trump announced the two-week pause in hostilities, and markets responded quickly. But the relief didn’t last. Peace talks broke down over the weekend, and by Monday Bitcoin had slipped back below $71,000 after Trump ordered a naval blockade of the Strait of Hormuz. Rising consumer prices, reported in Friday’s CPI data, added further weight. Bitcoin’s all-time high stands at $126,198, set in October 2025. At current prices around $72,500 to $74,600, that puts the drawdown at roughly 40% to 44% — deep, but still well short of the 60% collapse that some models suggest a full bear market requires. BTC STILL LOOKS SUPER BEARISH HTF Weekly short imbalances were filled and rn we can only go to 1M imbalance, which is ~$80K Right after it, I am waiting for a final huge dump to one of my targets: $59K or $50K Either way last dump is coming Notifs on, I’ll call exact bottom pic.twitter.com/twHr5VhxRr — symbiote (@cryptosymbiiote) April 13, 2026 Analysts Split On What Comes Next One analyst posting under the name “symbiote” called the chart “super bearish” on longer time frames, saying a final large drop to either $59,000 or $50,000 was still coming. Others are less certain the floor hasn’t already been set. Related Reading: Dollar’s Shrinking Value Adds Fuel To XRP Bull Case: Finance Expert What makes this cycle harder to read is the mix of forces pulling in both directions. Institutional investment and ETF inflows provide steady demand. Global conflict, inflation data, and uncertain monetary policy cut against that. Neither side has clearly hit the proverbial bullseye. Bitcoin touched a low of around $66,000 in early April before recovering. Whether that low holds — or whether the market has another leg down before it finds real footing — remains an open question that even the most watched voices in crypto can’t agree on. Featured image from Unsplash, chart from TradingView
Bitcoin kept part of the ceasefire bounce, but the chain still has not confirmed the move Bitcoin is still holding above $71,000 after the weekend’s ceasefire-driven risk bounce, even as the macro story behind that move has already started to fray. That leaves the market in an awkward middle ground. Price kept part of the […]
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Bitcoin mining is still running on the subsidy, not demand. That is the more useful place to start as we head into the next Bitcoin difficulty adjustment window, which CoinWarz now estimates for April 18, 2026, with difficulty projected to fall from 138.97 trillion to 132.14 trillion, a decline of 4.91%. The schedule matters less […]
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Bitcoin (BTC) moved from roughly $67,000 to $72,000 in the days surrounding the US-Israel-Iran ceasefire announcement, a 7.5% rebound that reduced volatility and lifted sentiment across risk assets. Glassnode's Apr. 8 Week On-chain report noted that the bounce and stabilization still fit the fingerprint of a bear market rebound. BTC still trades inside a bear […]
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The U.S. economy entered 2026 with far less momentum than markets had priced in a few months earlier. According to the Bureau of Economic Analysis, fourth quarter 2025 GDP growth was revised down to 0.5%, a sharp step down from the 4.4% pace recorded in the third quarter. On its own, that revision would usually […]
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Strategy (formerly MicroStrategy) is claiming its aggressive Bitcoin purchases have yielded a nearly $2 billion gain this year despite the top asset's clear price struggles. However, a close look at the enterprise software company's legally binding regulatory filings tells a much redder story: under standard accounting rules, the firm is nursing a multi-billion dollar unrealized […]
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Long-term Bitcoin holders are selling at a loss — and the numbers show it’s becoming a pattern, not an anomaly. Related Reading: Bitcoin Stumbles Hard: The Worst Q1 In Years Raises Big Questions US Buyers Stay On The Sidelines Bitcoin’s Coinbase Premium Index has stayed negative in recent weeks, a sign that American investors have largely pulled back from the market. According to CryptoQuant, the gap between BTC pricing on Coinbase and Binance reflects a broader reluctance among US buyers to step back in at current levels. That hesitation is showing up across multiple data points, from exchange flows to investment product performance. Global Bitcoin investment funds recorded more than $190 million in net outflows during the week ending March 27. Spot Bitcoin ETFs, which drew heavy institutional interest during their launch period, are now sitting below water for many of their holders. Data shows the average cost basis for US spot Bitcoin ETF investors sits at $83,400 — well above where the price is trading today. Bitcoin was changing hands at around $66,820 when this report was made, roughly 47% below its all-time high of $126,000, which was set in October 2025. The price is also 24% below its yearly open of $87,600, after BTC closed 2025 in the red. Nearly 9 Million BTC Held At A Loss Close to 9 million Bitcoin — more than 40% of the total circulating supply — are currently held by investors who paid more than the current price, according to on-chain data from Glassnode. The combined unrealized loss on that supply comes to roughly $598 billion. Glassnode drew a comparison to conditions last seen in the second quarter of 2022, one of Bitcoin’s most painful stretches in recent memory. Back then, around 3 million BTC had to change hands before the market found its footing again. Based on reports from Glassnode’s latest Week On-chain newsletter, resolving a supply overhang of this size has historically meant coins moving from sellers taking losses to new buyers willing to enter at lower prices. Demand, for now, is not keeping up. Capriole Investments’ Bitcoin Apparent Demand metric logged a reading of -1,623 BTC on Thursday. That figure has stayed negative since mid-December 2025. CryptoQuant described the situation as broad market distribution, driven by continued selling from retail participants. Related Reading: XRP Could Soon Enter Arizona’s Treasury — Here’s What’s Happening Long-Term Holders Begin To Crack Perhaps the sharpest signal in the data involves investors who have held Bitcoin for more than 155 days. This group, typically seen as the most committed segment of the market, is now selling at a loss at an elevated rate. Glassnode reported that realized losses among long-term holders have climbed to $200 million — a level the firm described as confirmation of active capitulation. Featured image from Meta, chart from TradingView
Bitcoin becomes the live market over Easter as oil shocks hit and traditional finance goes dark The Bitcoin market now has three trading days where it will act as the live venue for geopolitical risk while much of traditional finance is closed. As of Friday, April 3, Wall Street is closed for Good Friday; several […]
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Bitcoin is pushing back toward $70,000 as macro pressure eases, but each attempt is still being sold into. The market is improving on the outside while failing to resolve a key internal constraint. Macro relief improves the backdrop as Bitcoin meets a crowded zone above $70,000 Bitcoin has opened April with a cleaner macro backdrop […]
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