Bitcoin traded at $68,351 on March 22, 2026, with a market cap of around $1.36 trillion and a 24-hour volume of $20.6 billion, as price action oscillated between $68,211 and $70,978. The broader technical posture remained neutral overall, though underlying indicators and moving averages (MAs) suggested increasing downside pressure beneath the surface. Bitcoin Chart Outlook […] Original
Bitcoin and most altcoins experienced a decline in value following recent geopolitical developments, with Bitcoin facing rejection at $71,000.ย Summary Bitcoin and altcoins see sharp declines, while SIREN surges 90% in 24 hours. Ethereum, XRP, and Solana follow Bitcoinโs downward trend, losing significant value. The crypto market cap drops $200B as macroeconomic factors weigh heavily on prices. The broader cryptocurrency market, including Ethereum, XRP, and other major tokens, followed Bitcoinโs downward trend. Meanwhile, one altcoin, SIREN, managed to defy the market slump with a significant surge. Bitcoinโs price faced significant…
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VanEck, a prominent investment firm, has observed a shift in the Bitcoin (BTC) options market, highlighting growing defensive positioning from investors. The recent surge in put option demand and the drop in call option premiums signal a cautious outlook for Bitcoinโs price. This trend reflects investor concerns about macroeconomic factors and market volatility. Summary Bitcoinโs put/call ratio hits 0.84, showing increased demand for downside protection. Put premiums hit record highs, signaling growing caution in the market. Despite price declines, Bitcoin shows signs of stabilization with reduced volatility and leverage. In…
Bitcoin (BTC) erased much of its US-Iran war-driven gains this week, moving back in sync with the broader downtrend in risk assets, mainly US equities. Key takeaways: Bitcoinโs positive flip in S&P 500 correlation has historically preceded average declines of around 50% since 2018. BTC is exposed to a broader risk-asset sell-off due to rising macro pressure. As of Sunday, BTC/USD had fallen 5.65% week-to-date to about $68,700, while the S&P 500 (SPX) closed the week down 1.90%. BTC/USD weekly chart. Source: TradingView That renewed correlation is now signaling a…
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. โLookingโ…
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Indian crypto exchange CoinDCX co-founders Sumit Gupta and Neeraj Khandelwal have reportedly been arrested in India following a police complaint alleging their involvement in a crypto investment fraud. The Economic Times reported Saturday that the pair were arrested by the Thane Police on allegations of criminal breach of trust, citing local officials. Other local media, including Entrackr, reported that the founders had been called for questioning rather than arrested. The case reportedly centers on a website that allegedly posed as the CoinDCX platform and stemmed from a first information report…