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Cryptocoins News / The Cointelegraph ​ - 1 week ago

Whale shorts $70M in crypto and tech: Should Bitcoin traders worry?

Despite short-term bearish bets from a successful Hyperliquid whale, a growing US Fed balance sheet and rising inflation support Bitcoin in the long term. Key takeaways:Bitcoin (BTC) failed to sustain bullish momentum on Wednesday, retreating below t...

Bitcoin News / Bitcoinist - 1 week ago

The 3 Bitcoin Rules That Tell When The Bear Market Is Fully Over

Crypto analyst Bee has outlined three Bitcoin rules that provide insights into when the bear market is likely to end. This comes as BTC struggles again to hold above the psychological $80,000, with experts predicting another imminent decline.  Bitcoi...

Bitcoin News / Bitcoin.com - 1 week ago

Bitcoin Slides Below $79K as $304M in Crypto Longs Vanish After PPI Shock

On Wednesday, bitcoin briefly plunged below $79,000 for the first time since May 4 as investors digested the latest producer price index data, which showed a sharp acceleration in wholesale inflation. Geopolitical Tensions and Macro Factors Bitcoin b...

Cryptocoins News / The Cointelegraph ​ - 1 week ago

Bitcoin traders expect ‘fast move’ to $90K following CLARITY Act vote

Bitcoin traders eye a possible move higher as short-term selling pressure fades and the CLARITY Act vote boosts crypto market focus.Bitcoin (BTC) traders expect a quick move toward $90,000 after the upcoming CLARITY Act vote on Thursday, as improving...