German Government Bitcoin Wallet Balance Drops To Zero, Ending A Major Selloff Overhang

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The post Euro: Sideways trading outlook against US Dollar – Rabobank appeared on BitcoinEthereumNews.com. RaboResearch Global Economics & Markets discusses how Euro sentiment has cooled after optimism around Germany’s debt brake, with political risks and structural headwinds weighing on the currency. The bank notes EUR/USD is already priced for another ECB hike and expects sideways trading near current levels in the coming months, with only a modest upward bias further out. Euro sentiment cools after 2025 surge “While higher short-term interest rates are currency supportive, the market is already fully priced for another ECB rate hike this year, suggesting that one more policy move is unlikely to offer much support for the EUR. On balance, we expect EUR/USD to trade sideways close to current levels on a 1-to-3-month view.” “Irrespective of this, it is worth noting that the EUR was the second best performing G10 currency in Q2 2025 after the safe haven CHF. This highlights the part the

The post Bitcoin Eyes $63K as Oil Rally Sparks Bearish Risk appeared on BitcoinEthereumNews.com. Bitcoin holds above $60K as bearish chart signals appear and Brent oil rises 10%, putting $63K reclaim in focus. Bitcoin is showing weaker price action as traders watch a hidden bearish divergence on the daily chart. The setup has placed the $63,000 level back in focus. BTC is still holding above $60,000, which remains an important support area. However, buyers may need to reclaim $63,000 to reduce downside pressure. At the same time, Brent crude oil has risen about 10% over two days. The move followed reports about renewed Middle East tensions and ceasefire concerns. Rising oil prices are being watched closely across global markets. Therefore, traders are weighing Bitcoin’s technical weakness against wider risk conditions. Bitcoin Bulls Need to Reclaim $63,000 Bitcoin’s daily chart is showing a hidden bearish divergence, according to market CryptoReviewing.  This pattern can appear when pr

Geopolitical tensions heighten inflation risks, potentially leading to stricter crypto sanctions and impacting speculative asset markets. The post US-Iran escalation rattles crypto markets as Bitcoin dips and oil surges past $72 appeared first on Crypto Briefing.

The post Top 3 Crypto Price Predictions Today: Bitcoin, Ethereum, and XRP appeared on BitcoinEthereumNews.com. Bitcoin holds above short-term support but still faces major long-term resistance. Ethereum recovery strengthens, yet key moving averages continue capping upside. XRP steadies near support as bulls await breakout above critical resistance levels. Bitcoin, Ethereum, and XRP entered today with improving short-term momentum, yet none have fully escaped their broader bearish structures. Buyers have stepped back into the market after weeks of heavy selling, helping prices stabilize near important technical support zones. However, the leading cryptocurrencies continue to trade beneath key long-term moving averages, keeping traders cautious.  Bitcoin Price Prediction: BTC Faces a Major Recovery Test Bitcoin trades near $62,864 after finding support above the 20-day EMA at $62,574. Additionally, the flattening 20-day EMA suggests bearish momentum continues to weaken. However, the 50-d

The post Short-Term Moving Averages Turn Bullish as Bitcoin Holds Above $62,500 appeared on BitcoinEthereumNews.com. Key Takeaways Bitcoin traded near $62,743 on July 9, 2026, up 1.0% over the past 24 hours. Market data shows Bitcoin’s market cap held at $1.259 trillion during the pullback. Short-term averages signal bullishness, but the 50-day average sits at $65,624. Hourly Chart Shows Tight, Choppy Range Bitcoin’s one-hour chart shows choppy price action inside the broader daily range, with tight support forming near $62,400 and resistance building at $62,900 to $63,000. The momentum indicator flashed a bearish signal on the shortest timeframe, suggesting some near-term exhaustion after the asset’s 1% daily gain. Traders working intraday setups are watching for bullish interest near $62,300 to $62,500, with stops placed below $62,100, while rallies into $62,950 and above are drawing bearish interest back toward the middle of the range. BTC/USD 1-hour chart via Bitstamp on July 9, 20

Strategy's rise highlights Bitcoin's growing influence in traditional markets, challenging established financial norms and increasing market volatility. The post Strategy surpasses Goldman Sachs in trading volume, returns to top 50 US stocks appeared first on Crypto Briefing.

Bitcoin traded near $62,743 on Thursday morning at 8 a.m. EDT, up 1.0% over the past 24 hours as the asset consolidated inside a $61,507 to $63,116 range. Short-term technical readings point to consolidation, while longer-term moving averages continue to signal a corrective phase across the one-hour, four-hour, and daily charts. Hourly Chart Shows Tight, […]