The cryptocurrency market shows subtle signs of rebounding on Wednesday after facing intense headwinds over the past few weeks, largely attributed to geopolitical tensions, macroeconomic uncertainty and risk-averse sentiment.
Ripple (XRP) is trading around $1.04 at the time of writing on Wednesday, grinding toward the psychological $1.00 support. The remittance sector continues to struggle to make meaningful rebounds, reflecting persistent headwinds across the broader crypto market.
The cryptocurrency market trades under intense headwinds on Wednesday, led by Bitcoin’s (BTC) deepening sell-off below $60,000. The Crypto King hovers above $58,000.
Pi Network (PI) is holding steady around $0.1150 on Wednesday, stabilizing after three consecutive days of losses of around 10%. Pi remains under pressure, with more than 76 million tokens scheduled for unlocking in June, potentially accelerating the bearish trend.
Bitcoin (BTC) trades around $59,000 on Wednesday after plunging to a 21-month low of $57,800, the lowest level since mid-September 2024.
TradingKey - 7월 1일 유럽 거래 세션 기준 비트코인( BTC)은 58,700달러 부근에서 등락을 거듭했으며, 이날 앞서 연중 최저치인 57,800달러를 기록한 후 소폭 회복했으나 여전히 60,000달러 선을 회복하는 데는 실패했다. 시장 관점에서는 ETF 자금의 지속적인 유출 영향으로 최근 비트코인 가격이 하락세를 보이고 있으며, 이로 인해 연
Jupiter (JUP) edges higher by 6% at press time on Wednesday, testing the 200-day Exponential Moving Average (EMA) breakout at $0.2192.
Chainlink (LINK) recovers modestly, trading above $7.30 on Wednesday after weeks of heavy selling pressure. The recovery could strengthen as Arc joined the Chainlink Scale program on Tuesday, boosting ecosystem growth and adoption.
Solana (SOL) price extends gains on Wednesday, testing the 50-day Exponential Moving Average (EMA) around $75.00. Although institutional demand for Solana remains weak, stabilizing retail confidence, with rising funding rates and steady Open Interest, supports the mild recovery.
Cardano (ADA) trades around $0.146 on Wednesday, stabilizing after a sharp correction as selling pressure eases. Weakening derivatives metrics indicate traders remain cautious, while fading bearish momentum indicators suggest a potential recovery for ADA.
The broader cryptocurrency market remains heavy, with Bitcoin (BTC) trading below $59,000 at press time on Wednesday, as US President Donald Trump weighs an all-out war with Iran but opts for diplomatic talks.
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) are showing early signs of stabilization on Wednesday after a recent correction.
Bitcoin (BTC) could see a short-term relief from heavy selling pressure as quarter-end portfolio rebalancing could potentially revive spot BTC exchange-traded funds (ETFs) inflows, according to a K33 report on Tuesday.
Ethereum (ETH) treasury firm Sharplink (SBET) resumed accumulation of the second-largest cryptocurrency by market capitalization last week after months on the sidelines.
Open Standard on Tuesday unveiled Open USD (OUSD), a dollar-pegged stablecoin designed for global payments, backed by more than 140 companies.
Ondo Finance (ONDO) is facing a pivotal moment as it attempts to hold above the $0.30 short-term support level on Tuesday. Since early June, ONDO has declined by more than 30%, putting significant pressure on the technical setup and reducing the probability of a sustained bullish reversal.
Hyperliquid (HYPE) is trading under pressure, testing support around $64.00 at the time of writing on Tuesday. This drawdown follows a limited upswing near $68.00 the previous day, undermining the short-term technical outlook.
The cryptocurrency market continues to face downward momentum on Tuesday, with Bitcoin (BTC) sliding below $60,000, Ethereum (ETH) breaching the $1,600 mark, and Ripple (XRP) retreating toward its critical $1.00 psychological threshold.
The Japanese Yen (JPY) recorded its lowest level in four decades, at 162.00 against the US Dollar (USD) on Tuesday, raising concerns that the Bank of Japan (BoJ) could intervene to protect the Yen.
Bitcoin (BTC) struggles around $59,500 at the time of writing on Tuesday after suffering a steep correction over the past two weeks.
BNB (BNB), formerly known as Binance Coin, remains under pressure, trading below $555 on Tuesday after closing below the lower boundary of its parallel channel last week, confirming a bearish technical breakdown.
Pi Network (PI) remains under intense selling pressure on Tuesday, extending losses after hitting a record low of $0.1120 the previous day. The Pi2Day celebrations on Sunday failed to lift retail demand as the Open Interest continues to decline, indicating reduced risk appetite.
TradingKey - 미·이란 회담과 비농업 고용지표 발표가 다가옴에 따라 비트코인의 박스권 흐름이 깨질 것으로 보이며, 5만 달러까지 하락할 가능성이 있습니다.6월 30일, 비트코인( BTC)은 6만 달러 부근에서 변동성 장세를 보였으며, 오늘 0.7% 소폭 상승한 59,900달러에 거래되고 있습니다. 지난 목요일 비트코인 가격은 58,000달러에 근접
Tron (TRX) extends its decline, trading below $0.330 on Tuesday, drifting toward the key technical support zone. Despite the recent price dip, Tron Inc. (TRON) continued to accumulate, expanding its treasury to more than 702.9 million TRX.
Ethereum (ETH) treasury firm BitMine Immersion slowed the pace of its accumulation of the top altcoin following increased weakness across the crypto market.
JPMorgan executives called on US policymakers to adopt a measured regulatory framework for digital assets that balances innovation with robust safeguards, according to a report on Monday.
Ripple (XRP) trades around the key $1.00 psychological level on Tuesday, consolidating as the token awaits its next directional catalyst. Stellar (XLM) extends its recovery above $0.178 after posting modest gains at the start of this week.
The broader cryptocurrency market remains under pressure with Bitcoin (BTC) below $60,000 on Tuesday, while Solana (SOL), Zcash (ZEC) and Hyperliquid (HYPE) emerge as top performers over the last 24 hours.
Bitcoin (BTC) is trading around the $60,000 level on Monday after a sharp decline last week. With the top crypto struggling to recover, analysts suggest the market remains firmly in defensive territory as investors await stronger signs of demand.
Strategy (MSTR) has unveiled a Digital Credit Framework to strengthen the company’s financial standing.