Oil shocks, Japan's bond market stress, and Strategy's $216M BTC sale are converging to pressure Bitcoin toward the critical $60,000 support level.
The post Why $60K Is On The Cards: 3 Unmistakable Forces Moving the Market appeared first on 99Bitcoins.
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 […]
The post Bitcoin Flashes Bearish Signal as Brent Oil Surge Threatens Risk Assets appeared first on Live Bitcoin News.
The post Pricing houses in bitcoin (BTC) exposes dollar’s debasement: Crypto Daily appeared on BitcoinEthereumNews.com.
The price of a family home in the U.S. tells two very different stories depending on how it’s measured. Comparing the stories underscores bitcoin’s BTC$62,590.77 appeal as a long-term hedge against dollar debasement, the erosion of value in the fiat currency. According to Fidelity Digital Assets, a typical U.S. house has gained more than $100,000 since 2020. That house-price appreciation is said to generate a positive wealth effect, an economic phenomenon where rising home values make homeowners feel wealthier. Feeling wealthier, they spend more, borrow more and boost the economy even if their actual income remains unchanged. But what if the gain is just a mirage? Price the same house in bitcoin and the narrative shifts sharply. What required more than 50 BTC in 2020 now costs just 5 BTC, a 90% decline. “What appears to be appreciation in housing is more accurately a
The post Bitcoin’s Demand Resurgence: Is This the Sign of a New Bull Run? appeared on BitcoinEthereumNews.com.
Over the past week, Bitcoin has observed a notable increase in demand, primarily driven by futures trading activities. CryptoQuant, a leading crypto analytics firm, reports significant developments that suggest a possible turnaround in the cryptocurrency’s momentum. Continue Reading:Bitcoin’s Demand Resurgence: Is This the Sign of a New Bull Run? Source: https://en.bitcoinhaber.net/bitcoins-demand-resurgence-is-this-the-sign-of-a-new-bull-run
Stable jobless claims and modest job growth bolster expectations for Fed rate cuts, potentially boosting risk assets like Bitcoin and Ethereum.
The post US jobless claims hold steady at 215,000 as labor market signals ‘goldilocks’ zone for risk assets appeared first on Crypto Briefing.
The post Peter Schiff: Bitcoiners Are In Denial About Strategy’s BTC Sale appeared on BitcoinEthereumNews.com.
Schiff’s warning centers on market psychology, arguing Strategy’s sale could change how investors view BTC’s long-term support. Peter Schiff used his podcast this week to argue that BTC holders are ignoring what Strategy’s decision to sell some of its stack means for the asset. According to him, the company built by Michael Saylor was the real floor under Bitcoin’s price, and that floor is now gone. Schiff Says Strategy’s Selling Exposes the Real Backbone of Crypto In the hour-long episode aired on YouTube on July 9 and covering everything from the reported collapse of the Iran peace deal to the DOGE shutdown, Schiff claimed that Bitcoin supporters were being willfully blind to Strategy’s changing role in the market. According to him, the firm’s buying had become a major source of demand that helped support BTC’s price. “Bitcoiners are delusional right now, or in denial abou
The post Bitcoin Climbs to $63,000 as Markets Shrug Off Iran Airstrikes appeared on BitcoinEthereumNews.com.
Bitcoin News Bitcoin (BTC) climbed 1.2% to around $63,000 on Thursday as digital-asset markets shook off a fresh round of U.S. airstrikes on Iran, with our reading of the tape showing risk appetite tracking equities higher. U.S. forces struck 90 military targets in the latest escalation, yet Nasdaq 100 index futures added 2.6% over 24 hours and crypto followed. The move leaves Bitcoin roughly 9% above its June monthly close, extending a recovery that began at the start of July. On-chain flow data shows buyers stepping in from oversold territory, underscoring how quickly the market has priced past the geopolitical shock. The rebound followed a sharp reversal earlier in the week, when Bitcoin fell more than 3% to about $61,500 after President Donald Trump declared the fragile U.S.-Iran ceasefire over at the NATO summit. Ether and Solana slid alongside it as traders trimmed risk, w
The post Romance Scam Suspect’s Crypto Wallet Processed $122M: Interpol appeared on BitcoinEthereumNews.com.
A crypto wallet linked to a suspected romance-scam money launderer processed more than $122.5 million in 10 months, according to Interpol, as authorities expanded a global crackdown on online fraud. Interpol said Thursday that Thai authorities arrested two suspects and uncovered a money-laundering network that funneled proceeds from romance scams into cryptocurrencies, using cross-chain token swaps to obscure the trail. The Thai investigation was part of Operation First Light 2026, an Interpol-coordinated campaign targeting social engineering scams and the financial infrastructure used to launder their proceeds. The operation involved authorities in 97 countries and territories, resulting in 5,811 arrests and the seizure of $293 million in illicit assets tied to fraud and money laundering. Tomonobu Kaya, director of Interpol’s Financial Crime and Anti-Corruption Centre, said soc
