Altcoins Kick Off July Strong as Analysts Expect Rally Soon

A sudden escalation in U.S.-Iran tensions and military exchanges halted bitcoin’s July rally, triggering a 3.5% drop below $62,000. Geopolitical Tensions Halt Bitcoin Uptrend Bitcoin’s July uptrend came to a screeching halt Wednesday, tumbling below $62,000 as escalating Middle East tensions sparked fears that the shaky U.S.-Iran ceasefire had unraveled. Market data shows bitcoin nosedived […]

The post Bitcoin’s Potential Turnaround: 200-Week Moving Average Offers Hope appeared on BitcoinEthereumNews.com. As Bitcoin‘s price nears the $65,000 mark, there’s renewed scrutiny on market signals hinting at a possible cycle bottom. Analysts are closely examining short-term investor actions and long-term technical trends to assess the potential for a market rebound. Continue Reading:Bitcoin’s Potential Turnaround: 200-Week Moving Average Offers Hope Source: https://en.bitcoinhaber.net/bitcoins-potential-turnaround-200-week-moving-average-offers-hope

The indefinite postponement of the merger raises concerns about investor confidence and the viability of large-scale Bitcoin treasury strategies. The post BSTR Holdings and Cantor Fitzgerald scrap original de-SPAC merger terms, postpone shareholder vote indefinitely appeared first on Crypto Briefing.

Gold's potential price rise in July could influence investment strategies, central bank policies, and safe-haven demand amid global tensions. The post Gold enters historically favorable July period, eyes higher price targets appeared first on Crypto Briefing.

The post Tether Sees Historic $5B Exchange Outflow: Is Smart Money Preparing for the Next Crypto Rally? appeared on BitcoinEthereumNews.com. The post Tether Sees Historic $5B Exchange Outflow: Is Smart Money Preparing for the Next Crypto Rally? appeared first on Coinpedia Fintech News The crypto market may have just witnessed one of its most intriguing liquidity shifts this year. Tether (USDT) on Ethereum recorded a record-breaking daily exchange outflow, even as investors realized nearly $2.92 million in profits, the highest level in five months. Under normal circumstances, heavy profit-taking would suggest capital is leaving the market. This time, … Source: https://coinpedia.org/price-analysis/tether-sees-historic-5b-exchange-outflow-is-smart-money-preparing-for-the-next-crypto-rally/

Geopolitical tensions heighten market volatility, impacting crypto stability and signaling potential long-term risks for digital asset investments. The post Solana falls below $77 as Iran ceasefire collapses, Bitcoin drops to $62K appeared first on Crypto Briefing.

The post ADA bulls eye $0.20 as Cardano founder says Ethereum is adopting its eUTXO concept appeared on BitcoinEthereumNews.com. Cardano (ADA) remains above 10% higher despite a 24-hour pullback. Hoskinson says Ethereum is adopting eUTXO-inspired ideas. Focus is on the $0.20 resistance level. Cardano is drawing renewed attention after a week of strong gains, even as the token pulled back to around $0.17. The latest price movement comes alongside fresh debate over blockchain architecture after Cardano founder Charles Hoskinson claimed that Ethereum is beginning to adopt ideas that Cardano has championed for years through its Extended Unspent Transaction Output (eUTXO) model. At the time of writing, ADA was trading at $0.1674, down 6.6% over the past 24 hours. Despite the daily decline, the cryptocurrency remained 10.2% higher over the previous seven days and 12.8% higher over the last two weeks, showing that bulls have retained much of the momentum built during the recent rally. The rec

The conflict's escalation risks regional stability, impacting global oil supply and causing significant capital outflows from the crypto market. The post Iran launches bombing spree against Kuwait and Bahrain as Bitcoin slides to $62,870 appeared first on Crypto Briefing.