Bitcoin climbs to $117k as volatility spikes across markets after compression
Long-term holders continue to add to balances, with supply growth outpacing miner issuance, reflecting a preference to hold coins until a clear price move occurs.
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Long-term holders continue to add to balances, with supply growth outpacing miner issuance, reflecting a preference to hold coins until a clear price move occurs.
Gino Matos 2 min read
ETF inflows and dollar weakness fuel Bitcoin's climb to new highs, driving $50 million in liquidations in less than an hour.
The Binance ETH/USDT perpetual long-to-short ratio slipped to 0.98 on July 9, the first print below parity since April 16, 2023.
The breakout arrived hours after President Donald Trump dispatched formal tariff letters to seven nations, unveiling duties of up to 30% that take effect August 1.
Polymarket users wager millions, predicting solid odds Bitcoin reaches as high as $150,000 by late 2025.
Matt Mena mentioned that steady but non-inflationary job growth paves the way for Fed easing, lower policy rates, and the release of liquidity.
Crypto liquidations surpass $243 million as Bitcoin slips amid sustained inflation and geopolitical worries.
The Fed announcing rate cuts on the horizon could drive Bitcoin above the $110,000, starting a new upside momentum.
MEXC Research sees Ethereum touching $3,300 in the coming weeks if momentum holds and global liquidity remains accommodative.