Long-term Bitcoin holders, those who kept their coins for over 155 days, have significantly ramped up selling. Historically, this activity suggests the market may have peaked and could be due for a correction soon, Coinlive reports.
Long-term Bitcoin holders, those who kept their coins for over 155 days, have significantly ramped up selling. Historically, this activity suggests the market may have peaked and could be due for a correction soon, Coinlive reports.
According to the Financial Times, JPMorgan Chase could start offering loans backed by cryptocurrency holdings, such as Bitcoin and Ethereum, as early as next year. This move comes as Bank of America and other major financial institutions actively work on developing stablecoins.
El Salvador hasn't purchased any bitcoin since December 2024, International Monetary Fund (IMF) reports. The decision was made to adhere to a $1.4 billion loan agreement.
According to CoinGecko, the global cryptocurrency market capitalization surged past $4 trillion on Friday, marking a significant milestone in the asset class's evolution from niche to mainstream in the financial ecosystem.
The Financial Times reports that US President Donald Trump may soon sign an executive order permitting alternative assets like cryptocurrencies and precious metals in 401(k) retirement plans, according to a White House statement.
The United States House of Representatives formally passed the landmark Digital Asset Market Structure Clarity Act (CLARITY), designed to address long-standing confusion over the classification of cryptocurrencies in the US financial system.
Bloomberg reports that President Donald Trump's announced "crypto week" featured the longest procedural vote in US House of Representatives history. The initiative, supporting cryptocurrency development, includes advancing a stablecoin bill.
According to a joint report by Bybit and Block Scholes for June, bitcoin has entered a zone of historically low volatility thanks to significant inflows into ETFs.
Bitcoin broke through the $123,000 level on Monday for the first time, Bloomberg reports. The world's largest cryptocurrency had remained stuck in a tight trading range for several months prior to this move.
Bitcoin slipped more than 3%, falling below the $118,000 level, after surpassing the $123,000 mark for the first time in history the day before. The sharp fall came amid profit taking by investors who had earlier entered the market anticipating progress in regulating the crypto industry in the US.
Bitcoin is the first and most commonly used cryptocurrency in the world. It holds a prominent place in the digital economy and draws the attention of traders and investors. High volatility and a wide range of influencing factors make the forecasting of its price complicated and requiring complex analysis.
Successful bitcoin trading is based on analyzing market trends, fundamentals, and technical factors.
Key elements that determine the value of bitcoin include:
Major investors and funds also have a considerable impact on the movement of bitcoin prices. Their massive purchases or sales can cause sharp fluctuations in the exchange rate. In addition, the general sentiment in the crypto market determines the dynamics of BTC, creating periods of high activity and deep corrections.
Forecasting the price of bitcoin is a complex task, as it is formed under the influence of many factors. Successful trading strategies and investment decisions require a thorough analysis of the macroeconomic situation, politics, and investor sentiment.
