Analyst Benjamin Cowen Details Two Bearish Paths for Bitcoin After Fresh Rejection – Here’s His Bottom Target

$BTC remains structurally resilient, but weakening spot demand, slowing ETF inflows, and increasingly crowded long positioning suggest upside momentum is cooling beneath the surface.

On-chain data reveals a sharp Bitcoin Ethereum divergence in taker volume. Bitcoin buyers hold ground while Ethereum sellers take full control. Bitcoin dropped from $82,000 to around $77,000 between May 11 and May 18. Ethereum fell from $2,400 to $2,100 over a longer stretch starting in April. Two price declines, same market, same timeframe. What […] The post Something Broke Inside Ethereum While Bitcoin Kept Absorbing the Hits appeared first on Live Bitcoin News.

Coins.ph adds BTC and ETH payments to the Philippines QRPh system. Users can spend crypto at 700,000 QRPh-enabled merchants. Stablecoins remain key for remittances and daily crypto payments. Coins.ph has expanded its QRPh crypto payment functionality to support Bitcoin and Ethereum transactions, broadening the use of digital assets within the Philippines’ national QR payment infrastructure. […] The post Coins.ph adds Bitcoin and Ethereum to Philippines QR payments appeared first on CoinJournal.

Coins.ph has expanded its QRPh-enabled crypto payment system to support Bitcoin (BTC) and Ethereum (ETH), building on its earlier integration of stablecoins such as Tether.

The crypto market is higher today as total capitalization rebounds toward $2.7 trillion, with money rotating into Bitcoin and large-cap altcoins while bond and equity markets flash mixed signals. The total cryptocurrency market cap is around $2.7 trillion, up roughly…

Hyperliquid's HYPE token has decoupled from Bitcoin with 101% YTD gains as the platform's revenue explodes across multiple sectors.

Key takeaways BTC remains around the $77k level after rejecting the 200-day moving average. The bearish performance comes as rising inflation and Treasury yields weigh on risk sentiment. Bitcoin slipped below $77,000 earlier on Wednesday after failing to break above the 200-day moving average near $82,000, as rising inflation and tighter macroeconomic conditions weighed heavily […] The post Bitcoin stays around $77K after 200-day moving average rejection appeared first on CoinJournal.

The US-Iran war continues to linger with the two countries yet to reach a deal, and US President Donald Trump is threatening new strikes against Iran. Amid this, Iran has moved to launch a Bitcoin-backed service as it looks to assert control over the Strait of Hormuz.  U.S.-Iran War In Focus Amid Trump’s Threat and New Bitcoin Service According to a Reuters report, US President Donald Trump has threatened that a new US attack on Iran could happen in the coming days if both sides fail to reach a deal. This came amid his revelation that he was close to ordering a strike against Iran earlier this week before postponing following pleas from leaders of the UAE, Qatar, and Saudi Arabia. Notably, the US-Iran war is now approaching the three-month mark, with a peace deal yet to be reached.  Related Reading: Donald Trump Abandons Meme Coins In Favor Of These Indirect Bitcoin Exposure Vehicles The major contention remains Iran’s nuclear program, which the country has so far refused to give. Mean