Cryptocurrency | Price (USDT) |
---|---|
BTC | $107326.3600000000 |
ETH | $2435.5800000000 |
BNB | $649.3298400000 |
XRP | $2.1869360000 |
ADA | $0.5617563000 |
SOL | $150.0643000000 |
DOGE | $N/A |
DOT | $3.4007000000 |
LTC | $86.4574000000 |
LINK | $13.3416700000 |
Category: CRYPTO NEWS
The post Bitcoin Might Be Flat, But Traders Have Their Eyes on This Shiny New Token: Analysis appeared on BitcoinEthereumNews.com. In brief Bitcoin is testing the $104K line as global tensions and $1.2B in liquidations rattle markets. Aerodrome Finance rockets 35% after Coinbase announces integration of Base DEX. Despite short-term chaos, there’s reason for optimism in crypto markets. Bitcoin might be uninteresting for traders at the moment, but there’s at least one altcoin today that’s got the market buzzing—and it’s all stemming from an eye-popping tie-up with the leading crypto exchange in the U.S., Coinbase. First, the backdrop: The global cryptocurrency market isn’t doing much right now, sitting at around a $3.25 trillion market cap and pretty much flat in the past 24 hours. But that might be welcome news for the crypto investors who already suffered heavy losses earlier this week. Plus, if we zoom out, total crypto market capitalization is up for the year, gaining roughly $500 million in the last three months. The Crypto Fear & Greed Index sits near 65, reflecting neutral-to-bullish sentiment that supports dip accumulation rather than panic exits. Recent geopolitical tensions involving the Israel-Iran conflict, the potential involvement of the United States in the war, and $1.2 billion in leveraged liquidations have created market turbulence. But despite the short-term volatility, institutional support for crypto remains robust with U.S.-based ETFs having sustained net inflows during the last two weeks, and BlackRock’s iShares Bitcoin Trust rapidly surpassing the $70 billion mark in assets under management. Bitcoin: Testing support levels Bitcoin trading data. Image: TradingView Bitcoin is currently trading at around $103,7410, a very close to the $104,000 support level. The daily chart reveals a consolidation phase that could determine the next major move. Trading volume decreased to $49.4 billion, down 10% from yesterday. The technical picture shows Bitcoin at a crucial inflection point, but still neutral to bearish based on the overall pattern of…
2025-06-19T03:41:24+00:00