Bitcoin sells off amid mounting macroeconomic uncertainty, but data shows pro traders clinging to their bullish price expectations.
From Ross Ulbricht’s first significant public appearance to Strategy’s Michael Saylor addressing the crowd, the focus of the Bitcoin conference was often on individual liberty.
Spot Bitcoin ETF flows play a key role in the asset’s price action, but macroeconomic and geopolitical concerns are also impacting investors’ choice to buy BTC.
Bitcoin’s drop below $104,000 puts the asset into a consolidation phase where even lower lows could be tested.
DeFi’s decentralization debate rages on after the Sui community voted to return the $162 million frozen during the Cetus exploit.
Crypto’s optimism isn’t just hype; it’s a structural feature. Even as global shocks and policy shifts rattle traditional markets, digital assets consistently show greater emotional resilience.
Hidden Road’s clients in the US can now trade cash-settled OTC swaps across major crypto assets, marking one of the first product launches following its acquisition by Ripple.
Bitcoin price hovers around the $111K all-time highs, and multiple onchain and technical data suggests that the upside is not over for BTC.
Bitcoin’s consolidation will give “the market time to digest recent gains” before entering a new upward trend, Derive founder Nick Forster tells Cointelegraph.
US Bitcoin ETFs ended a 10-trading-day inflow streak with a $347 million net outflow on May 29, with BlackRock’s fund the only product to see a net inflow.
