Tag: 70K

Analyst Who Called Bitcoin’s Pre-Halving Rally to $70K Turns Bearish

Dwindling odds of Fed rate cuts and rising bond yields have weakened the bullish case in cryptocurrencies and stocks. Flows into the U.S.-listed spot BTC ETFs have dried. The analyst who predicted bitcoin’s {{BTC}} bottom in November 2022 and the recent pre-halving surge to record highs has turned bearish on risk assets, including technology stocks […]

Crypto Market in Zen Mode as Bitcoin Remains Stable at $70K Ahead of Halving

Bitcoin is trading above $70K, while Ether was above $3600 on Monday. Bitcoin halving event keeps options volatility high while perpetual futures funding rates remain inflated. Bitcoin {{BTC}} and ether {{ETH}} began the trading week fairly flat, as many major financial centers around the world remained closed for the long easter weekend. At the time […]

Dogwifhat Becomes Third-Largest Meme Coin as Bitcoin Clings to $70K

Meme coins led by Solana-based dogwifhat surged, outpacing other niches such as DeFi and exchange tokens. Bets on DOGE-tracked futures jumped to a record $2 billion, and some trading firms warned of a pullback in recent gains as bitcoin and ether price action showed signs of exhaustion. Meme coins led by Solana-based dogwifhat (WIF) surged […]

Bitcoin Pumps Above $70K as Crypto Rally Resumes; Analyst Sets $83K Price Target

Bitcoin took out the $70,000 level after a 10-day cool-off. The rally didn’t trigger mass short liquidations, suggesting there weren’t many market participants using leverage to bet on falling prices. Bitcoin could reach $83,000 after breaking upwards from its consolidation pattern, 10x Research said. Cryptocurrencies started the week with a strong rally, bouncing back from […]