NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins.
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US Treasury Secretary Scott Bessent told CNBC that Congress should move fast on the Clarity Act to give investors and companies a firmer sense of what counts as allowed activity in crypto markets. He argued that clearer rules would calm the recent swings traders have seen and help restore confidence. Related Reading: XRP Set To Dethrone Bitcoin Within 6 Years, Entrepreneur Says Senators Hit A...
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Litecoin has closed the daily session on a bullish note, signaling renewed short-term momentum as price presses against a key resistance level. With $57 now acting as the immediate barrier, a decisive breakout and sustained hold above this zone could open the door for the next leg higher, potentially accelerating upside toward the mid-$60s. Bullish Daily Close Signals Early Strength Providing a...
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Bitcoin has experienced another turbulent week marked by sustained downward pressure, reinforcing the broader bearish sentiment that has dominated the market in recent months. Despite late market relief on Friday, the leading cryptocurrency has struggled to reclaim key resistance levels and presently hovers around the $69,000 price region. Meanwhile, analysts continue to rely on on-chain data to...
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Bitcoin is hovering near key liquidity zones after a week of downward momentum, and traders are now eyeing untapped areas around $64,000. With price action showing potential short-term swings and H1 support under close watch, the next move could hinge on whether Bitcoin tests this low or reclaims higher levels first. Weekend Range Sets The Stage For Next Week’s Moves After a week of downward...
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The XRP price continues to struggle amid bear pressure within the market. On Friday, XRP rose by about 5.7%, which, while positive, was only a relief to an initial 7.1% loss seen earlier during the week. Meanwhile, a recent on-chain evaluation suggests that the XRP market could soon be entering an accumulation phase that could pave the way for strong market demand and recovery. Related Reading:...
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Over the past week, the Bitcoin price kept on putting in consecutive lows, with barely any hopes in sight for a bullish reversal. However, on Friday, February 13th, the flagship cryptocurrency saw an upward momentum boost, where its value subsequently grew by 5.4%. While this may have been good for short-term traders (specifically scalpers), a troubling future seems to be lying in wait for the...
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Michael Saylor’s latest message is blunt and direct: “Go Bitcoin today — the money won’t fix itself.” He’s pressing an idea he has pushed for years — that holding Bitcoin is a deliberate choice against the slow decline of fiat money — and his firm’s actions back up the words. Bitcoin sits below Saylor’s firm’s average purchase price, yet buying has continued. Related Reading: Calm Down: Ethereum...
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After a dour performance throughout the week, the price of Bitcoin experienced a fair amount of bullish impetus on Friday, February 13th. Going into the weekend, the premier cryptocurrency seemed on its way to reclaim the psychologically relevant $70,000 level. Interestingly, recent on-chain data shows that this latest bullish spurt might be the start of, at least, a short-term rally for the...
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Ethereum climbed back above $2,000 after a softer-than-expected US CPI print, and the move has traders and analysts debating whether the worst is behind the coin or if this is a temporary relief rally. Related Reading: Calm Down: Ethereum Has Survived 8 Major 50% Falls, Lee Reminds Investors Reports say futures open interest has fallen sharply over the last 30 days, funding rates have swung into...
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As the crypto market recovers, Solana (SOL) has bounced from a major level trendline and momentarily reclaimed a key horizontal level. Some analysts have signaled that a retest of a crucial short-term resistance could be coming, while others have warned that a breakdown to new lows remains possible. Related Reading: Ethereum $1,900 Retest Could Decide Next Major Move – Is ETH Preparing For New...