Bitcoin continues to trade within a broader recovery structure following the strong rebound from the $60K region. However, despite the recent bullish momentum, the market has been struggling to reclaim a decisive resistance zone at the $80K region, where the next major directional move is likely to emerge. Bitcoin Price Analysis: The Daily Chart On […]
Bitcoin hovered near $80,901 on May 10, 2026, just after 8 a.m. ET, while maintaining a broader bullish market structure across the daily, four-hour, and one-hour charts. With price action trapped between stubborn resistance and resilient support, traders are watching bitcoin behave like a caffeinated cat pacing near a closed door, clearly plotting its next […]
The altcoin market has been one of the major losers in this bear market, with large-cap cryptocurrencies like XRP, BNB, and Solana taking a significant share of the losses. In fact, TradingView data shows that the TOTAL3 index (representing the crypto market capitalization, excluding BTC, ETH, and stablecoins) has fallen by more than $544 billion […]
The post Key Bitcoin price levels to watch as BTC bear bottom value sets in appeared on BitcoinEthereumNews.com.
Bitcoin (BTC) is approaching two major resistance zones that could determine its next market direction, according to cryptocurrency analyst Michael van de Poppe. In an X post on May 9, the analyst identified the first key resistance area between $86,000 and $88,000, while the second and more significant zone sits between $93,000 and $95,000, aligning with Bitcoin’s 50-week moving average (MA). Poppe noted that in previous market cycles, including 2017, 2021, and 2024, Bitcoin’s initial recovery rallies often faced rejection near former support levels or the 50-week moving average before establishing a sustained uptrend. He suggested the current setup is following a similar pattern. His analysis showed Bitcoin recently breaking below the 50-week moving average, while the 200-week moving average is acting as key long-term support near the low $70,000 region. The insights also
The post Hyperliquid Burns $824K HYPE in 24 Hours appeared on BitcoinEthereumNews.com.
Hyperliquid burns $824K in daily HYPE fees, with 45.1M tokens burned as price trades near $43 and tests $45 resistance. Hyperliquid burned about $824,688 worth of HYPE in the last 24 hours, according to figures shared in the market update. The buyback and burn activity comes as HYPE trades near $43, while traders watch the $45 resistance zone for confirmation of a stronger move. Hyperliquid Uses Daily Fees for HYPE Buyback and Burn Hyperliquid generated about $824,688 in fees over the past 24 hours. The update stated that 100% of those fees were used to buy back and burn HYPE. The model has attracted interest because it links platform activity with token supply reduction. Many projects use revenue for operations, incentives, or treasury growth. Hyperliquid’s current model directs fees toward token burns. In the last 24 hours, Hyperliquid generated approximately $824,688 in fees — and 100% of it was u
Hyperliquid burns $824K in daily HYPE fees, with 45.1M tokens burned as price trades near $43 and tests $45 resistance. Hyperliquid burned about $824,688 worth of HYPE in the last 24 hours, according to figures shared in the market update. The buyback and burn activity comes as HYPE trades near $43, while traders watch the […]
The post Hyperliquid Burns $824K in HYPE Daily as Buyback Model Scales appeared first on Live Bitcoin News.