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Bitcoin sentiment has plunged into extreme fear as traders debate further price drops or a potential rebound, with key support levels around $80,000 under scrutiny amid shifting macroeconomic forces and weakening momentum indicators. Social volume data reveals traders split on deeper losses versus recovery hopes as Bitcoin hovers near $80,000. Analysts highlight evolving macro conditions […]
Bitcoin has reclaimed $87,000 following oversold conditions, reversing recent losses driven by extreme fear in the market. Technical indicators like the RSI at 22.65 signal a potential rebound as buyers step in after heavy liquidations near $81,000. Bitcoin surges above $87,000 after hitting deeply oversold levels, marking a V-shaped recovery from the $80,800 support zone. […]
The Bitcoin supply shift indicates a potential market bottom as over 630,000 BTC has moved off exchanges in recent weeks, with whale accumulation reaching five-month highs. Short-term holder MVRV has stabilized at 0.85 after capitulation, signaling weakened selling pressure and stronger holder conviction in a recovering market. Bitcoin exchange reserves hit eight-year lows at 1.8 […]
The United States has added $2.1 trillion in new national debt since the Department of Government Efficiency (DOGE) was established on January 20, equivalent to $6.5 billion added daily over 326 consecutive days. Despite DOGE’s efforts to cut spending, mandatory programs and rising interest payments continue driving the debt higher. US national debt surge: $2.1 […]
Chainlink is approaching its key $11 weekly support level, a zone that has consistently held since mid-2024 and influenced multiple market cycles. This area often triggers significant reactions, with analysts watching for potential trend reversals as the price tests this critical support amid ongoing consolidation. LINK returns to a long-standing $11 support that shaped major […]
Ethereum is testing the critical $2,620–$2,630 support zone, aligning with the lower boundary of its descending channel. Analysts monitor for a potential wave-4 bounce, supported by whale accumulation of over 114,000 ETH and shifting ETF inflows, signaling possible recovery toward $2,800–$2,900 if structure holds. ETH hits $2,620–$2,630 support: This zone matches the descending channel’s lower […]
South Korea is imposing heavy sanctions on major crypto exchanges for KYC and AML violations, while Japan advances pro-crypto reforms to classify over 100 tokens as financial products by 2026, enhancing institutional adoption and regulatory clarity across Asia. South Korea’s Financial Intelligence Unit targets exchanges like Upbit for compliance failures, with fines up to billions […]
The X platform’s new country visibility feature displays users’ locations to enhance platform integrity, but it has sparked privacy concerns in the crypto community, with Ethereum co-founder Vitalik Buterin calling it risky due to non-consensual exposure without opt-out options. X’s country visibility feature aims to verify account information and prevent misinformation. Crypto leaders like Vitalik […]
Bitcoin is showing clear signs of recovery after dipping near $82,000 on Friday, with easing selling pressure and heightened expectations for Federal Reserve rate cuts driving renewed optimism in the cryptocurrency market. Bitcoin’s price has stabilized above $82,000 following a sharp decline, indicating reduced selling pressure according to market analysts. Crypto markets have been volatile […]