π Bitcoin continued its decline - overnight, at one point, the cryptocurrency's price dropped below $58,000.
Over the past day, traders' positions worth $262 million have been liquidated. πͺπ©Έ
π But here's the interesting part. On June 24, when Bitcoin last dropped below $60,000 (and did not fall below $58,000 at that time), the Fear & Greed Index plummeted to 30, an extremely low value. Currently, the index stands at 44, still in the fear zone, but the market is now more confident, which is somewhat surprising, especially considering the massive movements of Bitcoin, possibly indicating rapid compensation payments to victims of the Mt.Gox hack. π€
Crypto currency news
Over the past day, traders' positions worth $262 million have been liquidated. πͺπ©Έ
π But here's the interesting part. On June 24, when Bitcoin last dropped below $60,000 (and did not fall below $58,000 at that time), the Fear & Greed Index plummeted to 30, an extremely low value. Currently, the index stands at 44, still in the fear zone, but the market is now more confident, which is somewhat surprising, especially considering the massive movements of Bitcoin, possibly indicating rapid compensation payments to victims of the Mt.Gox hack. π€
Crypto currency news
π7π1π€©1
Current situation of Bitcoin
Hello, here's the most important news for this morning:
πΈ The price of BTC has dropped below $59,000. As BTC lost a crucial support at the $60,000 level, the next support is around $57,000.
π₯ The decline in price occurred due to the closure of leveraged long positions worth millions of dollars. Additionally, over the last three hours, one of the major BTC whales deposited an additional 1,800 BTC ($106 million) into Binance.
π₯ Yesterday, net outflows from BTC spot ETFs amounted to -$20.5 million, while the day before saw outflows of -$13.7 million.
β‘οΈBitwise has filed an updated S-1 application for an ETH ETF a few days before the deadline set for July 8, potentially launching the product on the market as early as next week, according to BBG analysts.
Crypto currency news
Hello, here's the most important news for this morning:
πΈ The price of BTC has dropped below $59,000. As BTC lost a crucial support at the $60,000 level, the next support is around $57,000.
π₯ The decline in price occurred due to the closure of leveraged long positions worth millions of dollars. Additionally, over the last three hours, one of the major BTC whales deposited an additional 1,800 BTC ($106 million) into Binance.
π₯ Yesterday, net outflows from BTC spot ETFs amounted to -$20.5 million, while the day before saw outflows of -$13.7 million.
β‘οΈBitwise has filed an updated S-1 application for an ETH ETF a few days before the deadline set for July 8, potentially launching the product on the market as early as next week, according to BBG analysts.
Crypto currency news
π11β‘1π1π€©1
πANALYSIS BTC/USDT
Bitcoin has recently declined following the breakdown of a symmetrical triangle pattern. It is currently trading above a key horizontal demand zone.
The next significant support level is around the $52,000 mark, where a potential bounce can be anticipated.
Crypto currency news
Bitcoin has recently declined following the breakdown of a symmetrical triangle pattern. It is currently trading above a key horizontal demand zone.
The next significant support level is around the $52,000 mark, where a potential bounce can be anticipated.
Crypto currency news
π5β€1π1π―1
π Cryptocurrency is growing. Bitcoin has gained 4% over the past 24 hours, Ethereum has gained 6%, and altcoins from the top 100 have grown more significantly.
π Growth leaders: BONK +24%, TIA +20%, SEI +17%, PEPE +15%, ENA +13%.
There are no falling assets.
Fear and greed index 27.
Crypto currency news
π Growth leaders: BONK +24%, TIA +20%, SEI +17%, PEPE +15%, ENA +13%.
There are no falling assets.
Fear and greed index 27.
Crypto currency news
π4π2π1π€©1
The crypto market sees green across the board as Bitcoin reclaims the $59K level after trading as low as $54,092 last week. π
In the past 24 hours, Bitcoin has increased by 3.2%, and Ethereum is up 1.3%. Altcoins like Solana and Toncoin are also experiencing similar gains, with the total crypto market cap now standing at $2.27T.
Initial reactions on X suggest that whales have been buying 47,000 Bitcoins at an average price of $57K
πCrypto currency news
In the past 24 hours, Bitcoin has increased by 3.2%, and Ethereum is up 1.3%. Altcoins like Solana and Toncoin are also experiencing similar gains, with the total crypto market cap now standing at $2.27T.
Initial reactions on X suggest that whales have been buying 47,000 Bitcoins at an average price of $57K
πCrypto currency news
π2β‘1π±1π1
Genesis Trading Moves 12,000 BTC to Coinbase Amid Bankruptcy
π Genesis Trading has transferred 12,000 BTC ($760M) to Coinbase in the past month. The company, currently in bankruptcy proceedings, still holds 33,300 BTC ($1.91B) and 118,000 ETH ($363M).
Is this another FUD for the market? π€
Crypto currency news
π Genesis Trading has transferred 12,000 BTC ($760M) to Coinbase in the past month. The company, currently in bankruptcy proceedings, still holds 33,300 BTC ($1.91B) and 118,000 ETH ($363M).
Is this another FUD for the market? π€
Crypto currency news
π7π1π€©1
π NEW: Bitcoin and Ether led a record $17.8 billion inflow into digital asset investment products year-to-date, signaling a potential crypto market recovery.
$BTC alone saw its fifth-largest weekly inflow ever, with over $1.35 billion, helping it regain the $60,000 mark. Ether followed with $72.1 million in inflows, driven by anticipation of the first US spot Ether ETF.
The inflows were primarily driven by US investors, with notable contributions from Switzerland, Hong Kong, and Canada.
Crypto currency news
$BTC alone saw its fifth-largest weekly inflow ever, with over $1.35 billion, helping it regain the $60,000 mark. Ether followed with $72.1 million in inflows, driven by anticipation of the first US spot Ether ETF.
The inflows were primarily driven by US investors, with notable contributions from Switzerland, Hong Kong, and Canada.
Crypto currency news
π±4π―3β€2π2π2π1π€©1
π Playing and claiming rewards from the P2E game Bears Rumble ICO (https://bearsrumble.com/).
β‘οΈ Bears Rumble ICO is an exciting P2E game in which we will have to play as a bear and with the help of alien technology to overcome the game obstacles by completing quests. The project has CERTIK certification.
Later game assets will turn into NFTs, which we will be able to exchange and sell, with 20% of our tokens to drop our players.
βοΈ The project has not been released yet, the presale is planned in 3 months, so now you can join us on our social networks to become early users and participate in our activities.
Subscribe to Telegram (https://t.me/BearsRumble), Discord (https://discord.com/invite/bearsrumble) and keep an eye on our Official website (https://bearsrumble.com/).
β‘οΈ Bears Rumble ICO is an exciting P2E game in which we will have to play as a bear and with the help of alien technology to overcome the game obstacles by completing quests. The project has CERTIK certification.
Later game assets will turn into NFTs, which we will be able to exchange and sell, with 20% of our tokens to drop our players.
βοΈ The project has not been released yet, the presale is planned in 3 months, so now you can join us on our social networks to become early users and participate in our activities.
Subscribe to Telegram (https://t.me/BearsRumble), Discord (https://discord.com/invite/bearsrumble) and keep an eye on our Official website (https://bearsrumble.com/).
π8π±2π₯°1π―1
π Bitcoin's Market Capitalization in 2045 Compared to Gold's Capitalization π
From Michael Saylor's slides at the Bitcoin Conference. β¬οΈ
Legendary crypto enthusiast Ansem (470,000 followers on X) believes that Michael Saylor "did 100 lines of coke before making that powerpoint slide" for his presentation at the Bitcoin Conference.π€£π€£π€£
Crypto currency news
From Michael Saylor's slides at the Bitcoin Conference. β¬οΈ
Legendary crypto enthusiast Ansem (470,000 followers on X) believes that Michael Saylor "did 100 lines of coke before making that powerpoint slide" for his presentation at the Bitcoin Conference.π€£π€£π€£
Crypto currency news
π6π2β€1
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