Tag: Price

Bitcoin price crash puts $60K support back in the spotlight

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Bitcoin price traded near $61,925 on June 5 as selling pressure kept BTC close to the $60,000 support zone, with ETF flows, whale deposits, and weak sentiment driving the next market test. Summary Bitcoin price slipped near $61,925 as traders focused on $60,000 support after sharp weekly selling. ETF outflows and Strategy’s rare sale weakened confidence while AI-linked capital rotation added market pressure. Whale Binance deposits doubled in June, adding short-term selling risk as sentiment turned bearish fast. Bitcoin price nears $60,000 support Bitcoin price data from crypto.news showed BTC…

Ethereum Price Downtrend May Not Be Over—Sub-$1,700 Levels Loom

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Ethereum price started a fresh decline and traded below $1,750. ETH is now consolidating below $1,750 and might continue to move down. Ethereum remained in a bearish zone after a fresh decline below $1,800. The price is trading below $1,780 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1,750 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $1,820 zone. Ethereum Price Remains In Downtrend Ethereum price failed to…

Bitcoin Price Pain Isn’t Over Yet As Selling Pressure Persists

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Bitcoin price started a fresh decline below the $65,000 zone. BTC is showing bearish signs and might continue to move down if it dips below $62,000. Bitcoin failed to stay above $65,500 and extended losses. The price is trading below $64,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance near $63,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $65,000 and $65,500 levels. Bitcoin Price Extends Losses Bitcoin…

If XRP Price Loses This Current Support, This Is How Low It Will Go

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XRP has spent the better part of four months carving out a trading range with a series of contested highs and lows that kept both bulls and bears engaged.  That appearance of stability is now under serious threat, as the cryptocurrency has returned to the exact support level that anchored its range lows throughout the consolidation. XRP losing this support level will determine the next significant directional move. XRP Returns To The Same Range Low XRP’s price action on the daily candlestick timeframe chart shows the cryptocurrency is currently locked…

XRP Price Falls To 4-Month Lows—Charts Signal Sell, On-Chain Data Turns Bearish

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The XRP price slid on Wednesday to its lowest level in four months, hitting $1.14. The drop has contributed to a broader soft patch across crypto, and both chart analysis and on-chain indicators are now pointing to a more bearish environment for the altcoin.  XRP Price Slips Below Key Averages Market expert Sam Daodu, in a fresh breakdown of what’s driving the move, argued that there currently isn’t much for bulls to lean on. One of the most immediate issues is trend structure.  According to Daodu, the XRP price is…

Bitcoin network activity drops to a 7-year low as price weakens

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Bitcoin has seen its network use fall to its weakest level in more than seven years as selling pressure and lower on-chain activity weigh on market confidence. Summary Bitcoin active addresses dropped near 2019 bear market levels, according to Bitcoin Magazine’s 60-day moving average data. Bitcoin network use has declined since the 2021 bull market, as ETFs reduced direct on-chain transaction demand. The Genius Act helped stablecoin activity expand on Ethereum, Solana, and Tron, adding pressure on Bitcoin utilization. Bitcoin Magazine data showed that the 60-day moving average of active…

Bitcoin price recovers after weak U.S. jobs data eases pressure on risk assets

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Bitcoin has rebounded from an intraday low near $61,500 after weaker-than-expected U.S. labor market data strengthened expectations that the Federal Reserve could still lower interest rates later this year. Summary Bitcoin price rebounded from an intraday low near $61,550 after U.S. jobless claims exceeded forecasts, boosting expectations of future Federal Reserve rate cuts. U.S. initial jobless claims rose to 225,000 last week, while first-quarter labor costs increased 1.8%, below economists’ 2.5% estimate. Despite the recovery, Bitcoin remains below a key technical support level after confirming a bearish rounding-top pattern, with…

Analyst Calls Out Stagnant Logic Being Used On XRP, Predicts When Price Will Rally To $300

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XRP has spent much of 2026 trading below the targets often discussed across its community, but one XRP commentator is saying that projections to these price targets are being viewed through the wrong lens. The analyst claims that XRP should not be measured like a traditional stock, especially if the asset functions as it is designed and it becomes tied to institutional settlement, liquidity routing, and high-value financial transfers. XRP Commentator Says Market Cap Logic Misses The Point Most XRP price discussions are based on market cap comparisons and circulating supply…

Bitcoin quantum discount hits 28% as BTC price sinks near $62K

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Bitcoin’s latest price decline has brought a new theory back into focus. Capriole Investments founder Charles Edwards says Bitcoin now trades with a 28% quantum discount. Summary Charles Edwards says Bitcoin trades at a 28% quantum discount due to slow developer action. Citi and Quantus have both warned that Bitcoin faces rising quantum-security risks. Bitcoin’s price drop toward $62K comes as macro stress and treasury concerns weigh on sentiment. Edwards argues that the market is pricing in fear over slow post-quantum security planning. His model compares Bitcoin’s market price with…

XRP Price To See Violent Discontinuous Repricing And $10 Could Only Be The Start

The XRP price performance over the years has been stunted by a number of factors, with the major one being the legal battle with the United States Securities and Exchange Commission (SEC). Nevertheless, the community seems to have maintained its optimism, with many predicting that the altcoin is set to hit double-digits in the near future. The target has continued to expand in recent years, and one analyst’s forecast suggests that hitting $10 might only be the start of a major repricing for XRP. How The XRP Gains Could Be…