Bitcoin Has 50% Chance of Falling Below $50,000: Kalshi

Heightened geopolitical tensions and increased sanctions enforcement could lead to sustained market volatility and stricter crypto regulations. The post US forces shoot down Iranian drones, conduct strikes in southern Iran as Bitcoin drops below $77K appeared first on Crypto Briefing.

Ethereum price started a fresh decline and traded below $2,050. ETH is now consolidating above $2,000 and might struggle to recover. Ethereum remained in a bearish zone after a fresh decline below $2,080. The price is trading below $2,050 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,040 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,090 zone. Ethereum Price Consolidates Losses Ethereum price failed to remain stable above $2,100 and started a fresh decline, like Bitcoin. ETH price dipped below the $2,080 and $2,065 levels. The price even traded below $2,050. A low was formed at $2,009, and the price is now showing many bearish signs and is well below the 23.6% Fib retracement level of the downward move from the $2,138 swing high to the $2,009 low. Besides, there is a bearish trend line forming with resistance at $2,040 on the hourly chart of ETH/USD. Ethereum pr

Data shows the Bitcoin Funding Rate for the perpetual futures market has turned positive recently, a sign that bullish positions are dominating. Bitcoin Funding Rates Have Been Green Recently In a new post on X, analytics firm Glassnode has discussed the latest trend in the Bitcoin Funding Rate. This metric measures the average amount of periodic fees that perpetual futures traders are paying each other on the various centralized exchanges right now. Related Reading: Chainlink Whales Are Accumulating: Wallets Hit New All-Time High When the value of this indicator is positive, it means long contract holders are paying a premium to the short investors. Such a trend implies a bullish sentiment is dominant in the market. On the other hand, the metric being below zero suggests a bearish mentality may be shared by the majority of futures market traders, as shorts are outweighing the longs. Now, here is the chart shared by Glassnode that shows the trend in the Bitcoin Funding Rate over the la

Within the first 10 hours of launch, the Kraken Earn BTC Vault raked in $30 million worth of Bitcoin deposits from 4,000 unique wallets.

Bitcoin price started a fresh decline below the $75,500 zone. BTC is consolidating and might struggle to stay above the $74,000 support. Bitcoin failed to stay above $76,000 and extended losses. The price is trading below $75,500 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $74,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $75,000 and $75,500 levels. Bitcoin Price Dips Further Bitcoin price failed to stay above the $76,200 support zone. BTC remained in a bearish zone and extended losses below the $75,800 level. There was a move below the $75,500 level. The price even dipped below $75,000. A low was formed at $74,050 and the price is now consolidating losses. It is still struggling below the 23.6% Fib retracement level of the downward move from the $77,810 swing high to the $74,050 low. Bitcoin is now trading below $75,000 and the 100 hourly simple moving avera

HYPE has pushed above $60 to set a new all-time high, creating a bullish environment that stands in sharp contrast to the broader market struggling with selling pressure and uncertainty. The breakout is significant on its own — but data from Kairos Research has revealed a development in the ETF market that places the current momentum in a historical context that amplifies the significance of the price action considerably. Related Reading: Ethereum Staking Record Meets On-Chain Collapse: Analyst Explains What’s Holding ETH Price The spot HYPE ETF has absorbed 1.04% of HYPE’s total market capitalization within its first ten trading days of existence. That figure requires a comparison to feel as significant as it is. HYPE’s ETF has outpaced every spot crypto ETF launch on record — including the Bitcoin ETF that became one of the most successful financial product launches in Wall Street history. The data is measured on a new-issuer cohort basis, stripping out the legacy trust conversions o

A market analyst has issued a fresh warning on Bitcoin (BTC), pointing to a shift in the cryptocurrency’s risk index as it moves back into a high-risk zone. The update comes as key price levels are broken and signs of weakness begin to emerge, raising concerns that BTC’s recovery may be losing momentum and a […]

The airstrikes highlight crypto's role in conflict zones, signaling potential shifts in global financial systems and regulatory landscapes. The post US conducts airstrikes on Iranian military site near Hormuz as Bitcoin slides to $79K appeared first on Crypto Briefing.