BTC's positive dealer gamma at $120K is likely adding to consolidation, with key charts indicating severe uptrend exhaustion.
The broader cryptocurrency market, including ether and solana, also experienced losses of 2% to 3%.
Traders are ramping up expectations for Fed rate cuts in 2026, which supports the bull case in BTC; however, the bond yield differential suggests JPY strength ahead.
The correlation between BTC's implied volatility indices and the S&P 500 VIX recently hit a record 0.88.
A large number of protocols on the two chains haven't captured any value lately, in what looks like on-chain version of disguised unemployment.
ETH eyes $3,400 after triangle breakout as major coins look north.
Institutional flows remained strong. U.S. spot bitcoin ETFs logged their ninth consecutive day of net inflows, with $403 million added on Tuesday.
BTC is down, but not out as SOL finds new resistance at $168.
The Defiance daily target 2x short MSTR ETF fell to a record low for the fourth consecutive day.
Long liquidations crossed $450 million in the past 24 hours with one bitcoin-tracked trade losing nearly $100 million.
BTC's dealer gamma profile suggests potential consolidation.
Geopolitical turmoil and economic uncertainty push unproductive assets to the forefront, raising concerns over capital allocation and market signals.
“We could see Bitcoin test $130K–$150K by year-end if macro winds cooperate,” one trading desk said.
BTC alone saw $291 million in forced closures, with futures tracking ether (ETH) and XRP following at $68 million and $17 million, respectively.
As the bitcoin price breaks records and institutional demand ramps up, the once-theoretical endgame of hyperbitcoinization is starting to look more like a macro trend than just a crypto dream.
The market capitalization of the two largest stablecoins — USDT and USDC — reached new records this week, a sign that capital is flowing into digital asset markets.
Bitcoin's bullish momentum may face potential resistance at the $120,000 level.
“The BTC breakout marks a regime shift, and we expect altcoin dispersion to rise from here,” one trader said, with several trading desks expecting higher moves in major tokens.
Bitcoin's recent bull run has been characterized by steady price increases and declining volatility, aligning more with traditional financial markets.
Analysts and longtime industry participants weigh in on how this week's bitcoin price action resembles — or differs from — past bull runs.
XRP hits its highest since May 23 as the key momentum indicator flashes green signal.
Bitcoin's correlation with U.S. equities is still very high, while it has almost zero relation to gold and USD.
The Commission’s pause on Grayscale’s Digital Large Cap Fund ETF is likely tied to listing standards, not politics, sources say.
Sharplink Gaming skyrocketed over 4,000% following its $450 million fundraising announcement, only to plunge 90% in the next few weeks.
Sharplink Gaming skyrocketed over 4,000% following its $450 million fundraising announcement, only to plunge 90% in the next few weeks.
As U.S. fiscal fears mount and ECB rate cuts near their end, the euro’s surprising rally is forcing global investors to rethink their dollar bets.
An uptick in open interest alongside a price rise is said to validate the uptrend.
Long-term holders have been selling their BTC as U.S.-listed spot bitcoin ETFs see continued inflows.
Crypto stayed flat in a volatile first half of the year thanks to bitcoin. Meanwhile, Ethereum's ETH, Solana's SOL and small caps endured steep losses.
The digital asset exchange's share price completed a four-year roundtrip after having plunged 90% during the crypto winter.