Fidelity: Bitcoin at ‘Very Bottom’ With Gold

The Fed's potential rate hikes could tighten liquidity, impacting crypto markets and prompting shifts in capital allocation strategies. The post Federal Reserve minutes reveal support for rate increases, Bitcoin drops 2.7% appeared first on Crypto Briefing.

The post Bitcoin Resumes Its Range Above $60,000 appeared on BitcoinEthereumNews.com. // Price Reading time: 3 min Published: Jul 08, 2026 at 20:21 Updated: Jul 08, 2026 at 20:30 Bitcoin’s (BTC) price has moved back above the key $60,000 support level. BTC Price Long-Term Prediction: Ranging Buyers pushed the price as high as $64,657 but were halted. Sellers then tried to drive the price down towards its vital support, but buyers held firm, keeping it confined to a range above $61,000. In other words, Bitcoin has maintained its sideways trend, rebounding above the 21-day SMA support but staying below the 50-day SMA barrier. Today, the BTC price is slipping as sellers attempt to break the 21-day SMA support. On the downside, if sellers succeed, Bitcoin will fall towards its crucial support. If the current support holds, Bitcoin will continue to trade above $60,000. The largest cryptocurrency currently shows little clear potential for further gains. Bitcoin is at $62,062. Technical

The post Bitcoin Leads $327M Crypto Liquidation Cascade in 24 Hours appeared on BitcoinEthereumNews.com. Crypto News Crypto derivatives markets flushed roughly $326.58 million in leveraged positions over the past 24 hours, with Bitcoin (BTC) at the center of the deleveraging. Long positions absorbed most of the damage, accounting for $200.55 million, or 62% of the total, while short positions made up the remaining $125.5 million, or 38%. Our reading of the derivatives open-interest data points to a broad, fast unwind rather than a single directional blowout. As of the latest snapshot, Bitcoin trades near $62,000 and Ethereum (ETH) near $1,734, both softening as forced selling drained margin across major venues and pushed traders toward the exits. Venue-level data shows the liquidations were heavily concentrated. Over the most recent four-hour window, Binance processed the largest share at roughly $8.23 million, or 42.54% of the total, with short positions making up 57.84% of that figur

The post Bitcoin Slips To $62,000, Paring Rebound As CryptoQuant Sees Room Higher appeared on BitcoinEthereumNews.com. Bitcoin traded near $62,000 today, surrendering part of a rebound that had carried it to $64,000 from last week’s bear-market low of $57,700. The pullback holds the price above the $60,000 level that CryptoQuant treats as support, though it trims a recovery of some 11% off the bottom. The dip came as CryptoQuant’s Weekly Crypto Report, published today and shared with Bitcoin Magazine, argued the backdrop skews toward further gains. Head of Research Julio Moreno framed the bounce as a bear-market recovery rather than a trend reversal, with one central caution: the firm’s Bull Score Index, an aggregate of on-chain, market, and valuation conditions on a 0-to-100 scale, sits at 20, inside the bearish zone at or below 40 and short of the 60 reading tied to a sustainable bull market. The report’s bullish case rests on seasonality. Across the past decade, July has ranked amon

The ongoing US-Israel coordination against Iran highlights persistent geopolitical tensions, influencing global markets and investor strategies. The post US notifies Israel ahead of reported attack on Iran, sending Bitcoin into familiar territory appeared first on Crypto Briefing.

The post Bitcoin ETFs Log Third Straight Day of Inflows Led by BlackRock’s $54.8M IBIT appeared on BitcoinEthereumNews.com. Bitcoin News US spot Bitcoin (BTC) exchange-traded funds extended their recovery for a third consecutive trading day, with the product category posting $21.44 million in net inflows. The rebound was carried almost entirely by BlackRock’s IBIT, which absorbed $54.8 million on the session and single-handedly offset redemptions elsewhere in the complex. It marks the most durable stretch of positive flows for the Bitcoin fund category since a punishing June selloff, and it arrives while spot price sits near the $62,000 area. On-chain and flow data we track show the turn is real but still fragile, not yet a confirmed demand reversal. The three-day run followed a broader two-session snapback in which US spot Bitcoin ETFs pulled in roughly $500 million combined, ending a multi-week bleed. The official flow data records $221.72 million of net inflows on July 2 and $265.69

Russia's relaxed crypto regulations may boost domestic market growth and influence global sentiment, impacting Bitcoin's future outlook. The post Russia eases crypto rules, drops wallet disclosure, caps retail investment appeared first on Crypto Briefing.

The post Stablecoin Supply Is Falling And Bitcoin May Be Paying The Price appeared on BitcoinEthereumNews.com. The post Stablecoin Supply Is Falling And Bitcoin May Be Paying The Price appeared first on Coinpedia Fintech News Stablecoin supply is shrinking, and it’s becoming one of the biggest reasons behind Bitcoin’s weak price action. New data from CryptoQuant shows fresh stablecoin inflows to exchanges have dropped 31% yearly.  Meanwhile, the combined supply of USDT and USDC is also falling, reducing the buying power needed to support Bitcoin’s recovery. Stablecoin Supply Is Falling, … Source: https://coinpedia.org/news/stablecoin-supply-is-falling-and-bitcoin-may-be-paying-the-price/