Todas Atividades

The Canadian dollar has edged lower on Tuesday. In the European session, USD/CAD is trading at 1.3718, down 0.12% on the day. Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

Bitcoin rallied above $105,000 in mid-morning European trading on Tuesday, clawing back losses sustained over the weekend after dipping below six figures for the first time since May. Yet the respite may prove fleeting, says veteran technician Quantum Ascend (@quantum_ascend). Bitcoin Price Mirrors 2021 On side-by-side charts of the current cycle and the 2021-to-2024 arc, the analyst argued that Bitcoin is “the same exact pattern—run-up, one high, back down, second high,” followed by an ABC corrective sequence that in 2021 bottomed only after a second, deeper flush. “Gut says no,” he told viewers when asked whether last Friday’s sell-off had already marked capitulation. “We’ve been talking about this ABC since March… people were calling for new lows; I said nope, we got five waves at the top, we got an ABC and then we go— and that’s when the alts take off.” His base case now envisions a relief rally toward the $107,000–$108,000 band—the level where a trend-line projected from the two post-halving peaks intersects—before a final leg lower drives price into what he calls the “pain box” sandwiched between the 0.702 and 0.618 Fibonacci retracements of the entire rally from last October’s $58,000 breakout. In 2021 that zone ultimately wicked to the exact 0.618, a move he believes could repeat, implying spot levels between roughly $96,500 and $92,000. “This measurement fits the parameter now… if it wants to turn around and rip, great,” he conceded, “but there’s still a very good chance that was not the end.” Internally, the analyst parses the current drop as the developing C-wave of a larger flat, subdividing into a classic five-wave impulse. Wave three, he notes, appears complete; wave four “could come up high,” granting altcoins a short-lived pop, “but hopefully, again, sooner than later, we roll over.” He cites 2021’s July fractal, when Bitcoin bounced 20% before sliding a final time, as a psychological template. “When there’s a big news narrative event,” he observed, “we’ll get a little relief—people think it’s done—then wham, one more thing to scare retail.” Macro sentiment, he argues, remains fragile. The Chicago Mercantile Exchange gap at $92,000 is drawing “average-retail” bids, a setup he characterises as a “washing machine” in which professional money fronts liquidity only to fade it. “Retail is just a washing machine, man… that buy isn’t going to get filled,” he warned. Still, he reiterated long-term optimism, revealing he “hammered some buys” during Monday’s dip and advising his followers to dollar-cost average—“not financial advice”—through the turbulence. Quantum Ascend’s upside target for the ensuing impulsive advance is comparatively restrained: $132,000, a level he says enjoys “two pieces of confluence” and would coincide with “the alts moment” when Bitcoin dominance finally cracks. “We will eventually work our way back up near the top of this B-wave… flag a little, and then boom,” he predicted, referencing November 2021’s so-called “Trump pump” that ignited a multisector altcoin surge. For now, traders watch the 0.702–0.618 pocket and the mooted relief ceiling at $108,000. Should Bitcoin slice through support without that interim bounce, the analyst says, the flush could conclude “sooner than later,” clearing the runway for what he calls “the next few months—our moment.” In his sign-off he urged viewers to “be an adult, live through it,” but also confessed palpable excitement: “I feel really good about where we’re at.” Whether the market shares his confidence will likely become clear once the final C-wave verdict arrives—perhaps, he hopes, within the week. At press time, BTC traded at $105,077.

Overview: It is not clear when the choreography began. US dramatic display, including dropping a dozen bunker-buster bombs on well telegraphed nuclear enrichment sites in Iran, and reports lend credibility to speculation that the enriched uranium had previously been removed. Or was it with Iran's strike on a US bases in Qatar that was well signaled. In any event, a tentative cease fire is at hand. Israel declared its campaign was a success. However, it is unlikely to be seen as a 12-day war, given Israel's decimation of Iran's proxies previously (Hamas and Hezbollah). In any event, the prospect that WWIII, which many feared, has eased and risk-appetites have been emboldened. The greenback has suffered broadly. It has been sold against the G10 currencies and most emerging market currencies today. The sell-off has brought it within spitting distance of the lows seen earlier this month. Gold is off over 1% and around $3320 is at its lowest level in two weeks. August WTI, which reached $78.40 yesterday, extended the pullback to about $64.40 today. It is near $66.20 now. Equities have rallied. Most of the large bourses in the Asia Pacific region were up at least 1%, while Hong Kong, Taiwan, and South Korea indices rose more than 2%. Europe's Stoxx 600 is up 1.3%, which if sustained would be the largest gain since early last month. US index futures are 0.8%-1.2% better. Benchmark 10-year yields are 3-6 bp higher in Europe, with German Bund yields rising most as defense-spending supply weighs on sentiment. The 10-year US Treasury is little changed near 4.35%. Chair Powell's semiannual congressional testimony is the key event on the North American diary today, while the market will be monitoring the fragile cease-fire in the Middle East. USD: After rising slightly above 99.40 in the European morning yesterday, a new high for the month, the Dollar Index was sold from nearly the start of the North American session and traded below the pre-weekend low and slipped under 98.40. Settlement was below last Friday's low, adding to the negativity of the price action, which is a potential key downside reversal. Follow-through selling today frayed 98.00. Earlier this month, the Dollar Index recorded a three-year low near 97.60. In addition to the geopolitical backdrop, the Fed is still in play. Governor Bowman joined Governor Waller (both Trump appointments) in suggesting support for a July rate cut. Federal Reserve Chair Powell's testimony today may sound hawkish in this context, if he were to simply reiterate what he said at his press conference following the recent FOMC meeting. The high-frequency data will likely receive little more than passing interest. The distortions caused by the anticipation of tariffs saw the US trade deficit blow out in Q1 and this will be reflected in today’s estimate of a record quarterly current account deficit of around $455 bln. The Treasury's International Capital report shows foreign investors bought a net of a little more than $400 bln of US financial asset in Q1. It is easy to blame others, like nearly any country that saves more than it spends. From the earliest of times, it seems debtors blame creditors, but realpolitik has seen the debtors forced to bear the cost of adjustment. Meanwhile, FHFA house price index is expected to have fallen for the second consecutive month in April, which would be the first back-to-back decline since July-August 2022. The other data are surveys (Philadelphia Fed's non-manufacturing survey, Richmond Fed survey, and the Conference Board's consumer confidence), which Fed officials have downplayed as the real sector data has fared better. However, the surprises in the real sector reports are increasingly to the downside. Powell is likely to repeat the thrust of the arguments made in his press conference after the recent FOMC meeting. The economy is in a position to allow the Fed to wait for greater clarity. We expect the next move to be a cut, which we pencil in for September. Powell will likely be asked about the rise in oil prices (more than 40% since early May). Typically, the Fed does not view it as a harbinger of inflation but a headwind on the economy. EURO: The euro posted an outside up day, trading on both sides of last Friday's range and settling above its high (~$1.1545). The euro recorded news session a little above $1.1580 after Qatar said it shot down missiles Iran fired at the US base there in late dealings, after notification was given (making it look a bit like theater). The euro took out last week's high, near $1.1615, to rise to slightly above $1.1620. The euro traded above $1.16 three times previously this month and failed to close above it once. It is straddling it in the European morning. Many participants may lack near-term conviction, but a dollar-bearish medium-term view is the consensus. German investment sentiment improved according to the June IFO survey, but it is mostly about expectations. The current assessment edged up to 86.2 from 86.1 and is below the April reading of 86.4. The expectations component rose to 90.7 from 89.0, the highest since February 2022 (Russia's invasion of Ukraine). The overall business climate rose for the sixth consecutive month and at 88.4 is the highest since last May. CNY: The dollar reversed from CNH7.1925 to about CNH7.1760 yesterday. It fell through last week's low, set before the weekend near CNH7.1740, to almost CNH7.1700 today. It is near CNH7.1750 now. The June low is closer to CNH7.1645. The PBOC has mostly set the dollar's fix lower this month, which lowers the dollar's cap. The reference rate was set at CNY7.1656 (CNY7.1710 yesterday and CNY7.1695 before the weekend). It is the lowest fix since the day after the US election last November. The one-month implied volatility is approached 3.5% yesterday, the lowest since last July and is slightly firmer today. JPY: The greenback ran up to JPY148 yesterday, its best level of the month. The broad dollar retreat pushed it back to around JPY146.00 in the North American afternoon. Last Friday's high was slightly above JPY146.20, For the sixth consecutive session, the dollar recorded higher highs, but yesterday’s sell-off sapped the momentum. The greenback was sold to JPY144.85 today. A push below JPY144.80 targets JPY144.40. The 6.5% drop in oil prices and the six-basis point decline in US 10-year yields appeared to have helped fuel the yen's recovery. Oil is off another 3.5% today, while the 10-year Treasury yield is nearly flat. GBP: Sterling looked like a dog early yesterday. It set the low for the month, near $1.3370, before rebounding smartly on the back of the falling dollar. It settled above last Friday's high ($1.3510) and closed above the 20-day moving average (~$1.3515). It looked as if some longs that had been forced out scrambled back yesterday. Follow-through buying has lifted it to almost $1.3620 today. The three-year high was recorded earlier this month near $1.3630. Overcoming $1.3650 could signal a push toward $1.3700. CAD: The greenback drew as near CAD1.3800 it could without trading it. It set the session low near midday in New York near CAD1.3725. At the end of the day, the Loonie rivaled the yen as the weakest currency within the G10. The five-day moving average crossed above the 20-day moving average for the first time in a month, but the greenback looks heavy. It has tested the upper part of the support band seen in the CAD1.3685-CAD1.3700 area. A break targets the CAD1.3640 area. Canada reports May CPI today, and barring a significant downside surprise, the Bank of Canada is likely to stand pat when it meets at the end of next month. A 0.5% increase in the headline, which the median forecast in Bloomberg's survey projects follows a 0.1% decline in April. It would translate to an almost 4.6% annualized rate through the first five months (~4.8% in the first five months of 2024). However, due to the base effect, the year-over-year rate may be little changed from the 1.7% in April. The underlying core rates, which the Bank of Canada took notice of, may have softened but likely remain elevated around 3%. The swap market has the next cut, fully discounted in October to 2.50%) and sees the terminal rate between 2.25% and 2.50%. AUD: The Australian dollar gapped lower yesterday and fell slightly through $0.6375 before buyers re-emerged and lifted to almost $0.6460 late in the North American afternoon. The pre-weekend low was a little below $0.6450. The North American close was solid near session highs. It has surged back above $0.6500 today to reach $0.6515. The year's high was set in the middle of the month, near $0.6550. Australia reports May CPI first thing tomorrow. It peaked at 4.0% last year and after falling to 2.1% last October has steadied. In fact, from February through April it held at 2.4%. It is expected to have eased to 2.3% in May. The central bank gives more credence to the quarterly inflation report, but the market is confident (~85%) that the RBA will deliver the third rate cut of the year in early July that will bring the cash rate target to 3.60%. Two more rate cuts are fully discounted for this year. The terminal rate is now seen near 3%. MXN: The dollar rose through MXN19.34 briefly yesterday in the initial reaction to the US strike on Iran. It spent most of the session trending lower and slipped through MXN19.12 late dealings yesterday. It reached almost MXN19.01 today but is holding above MXN19.00. A break of MXN18.95 could re-target the year's low (~MXN18.8250 in mid-June). Mexico reported a dismal April retail sales report yesterday. The larger-than-expected 1% decline was the largest drop since the end of 2023. The cumulative increase in Q1 was 1.1%. The April IGAE economic activity, though held up somewhat better than expected, rose by 0.54% after a revised 0.18% decline in March. The year-over-year decline of 1.55% is the poorest since early 2021 as the economy recovered from the pandemic. Mexico reports CPI for the first half of June today. The core and headline measures most likely remained above the 4% upper end of the target range. Nevertheless, with economic weakness a bigger threat, the central bank is expected to deliver its fourth half-point cut in a row on Thursday. Disclaimer

MOVE crypto is among the top performers, adding 40% and breaking out from a descending channel. Movement Network Foundation completed the 10 million crypto buyback program. Amid global uncertainty marked by unexpected escalations involving the United States, Israel, and Iran, the crypto market ticked higher, shaking off Sunday’s weakness. Bitcoin, Ethereum, XRP, and Dogecoin registered gains as confidence grew that, despite missiles striking airbases in Qatar, the United States would not retaliate. DISCOVER: 20+ Next Crypto to Explode in 2025 MOVE Crypto Surges 40% While attention focused on some of the best cryptos to buy in June, top-performing altcoins also gained traction. Among them was MOVE7 (No data), the token powering the Ethereum layer-2 platform, Movement. After posting sharp losses throughout Q2 2025, the token surged past critical resistance levels, gaining an impressive 40% against the greenback. In the daily chart, MOVE crypto is breaking out from a descending channel, reversing losses from the past week. It is likely to print higher highs, setting the tone for further gains and even placing it among the next cryptos to explode. If yesterday’s buyers remain active today, confirming gains, the token may surge above $0.18, erasing June losses and setting the stage for a strong Q3 2025. Notably, the June 23 breakout is with high volume, signaling trader interest. MOVE7PriceMOVE724h7d30d1yAll time Additionally, the breakout formed a wide-ranging, bullish engulfing bar, reversing last week’s losses. Although technical candlestick patterns favor buyers, fundamental factors will drive the pace of this growth. The team is putting in efforts to enhance its reputation and rebuild investor confidence, propping up prices. Why Is Movement Rallying? On June 20, the Movement Network Foundation announced the completion of a 10 million MOVE token buyback. The developer claimed Manche blurred governance lines, raising potential securities regulation issues. As part of governance changes, Torab Torabi took over as CEO, while Young Yang Liauw now leads the engineering team. DISCOVER: Next 1000x Crypto – 10 Coins That Could 1000x in 2025 MOVE Crypto Spikes 40%: Why is Movement Rallying? MOVE Crypto break out from a descending channel Movement Network Foundation completes a 10 million token buyback program The team transferred 500 million MOVE to Binance for Launchpool Season 2 Movement made changes following events in early December 2024 The post Movement Crypto Shines as MOVE Spikes 40%: Here’s Why appeared first on 99Bitcoins.

An unexpected peace in the Middle East created waves in the crypto market on 24th June, 2025. Iran and Israel agreed to cease hostilities, and US President Donald Trump termed it a “Complete and Total CEASEFIRE.” The traders had waited days with their hearts in their mouths as missiles soared and oil anxiety mounted. Then peace talks took hold, and digital-asset markets responded almost as quickly as the news broke. Bitcoin Breaks Through Key Level According to reports, Bitcoin leapt more than 5% within minutes of the ceasefire announcement. It shot past $106,000 before settling just above $105,000. That’s a sharp rebound after prices dipped below $99,000 at the height of the conflict. Investors who had been on the sidelines scrambled back in, driving trading volumes higher on exchanges worldwide. Ethereum And Altcoins Move Up Based on data from market trackers, Ethereum climbed over $2,400 in the hours following the news. A handful of smaller tokens also had a big day. Sei jumped 32%, while Dogwifhat surged 20%. Aptos wasn’t far behind, gaining about 10%. When the top coins gain traction, it often pushes smaller projects higher too, and today was no exception. Market Cap Rebounds Rapidly The global cryptocurrency market cap reached $3.21 trillion, with a 4.40% increase in one session. Prior to the ceasefire, investors moved money into gold and the US dollar in case oil supplies were impaired. As reports of peace circulated, those same investors funneled cash back into digital assets and equities. You could almost feel the relief in the tickers flashing green across trading screens. Experts Cautious On Future Edul Patel, CEO of Mudrex, told reporters that the market had picked up “bullish momentum” after the ceasefire. He noted that some altcoins rallied as much as 13% in one day. Market analysts pointed out how traders “bought the dip” when Bitcoin briefly tumbled under $99,000, helping it finish the day near $105,000. Even so, they warn the calm may not be for long. A flare-up in the region or hints of a rate hike from the US Federal Reserve could send prices swinging again. Traders are celebrating today’s gains, but there’s a sense of caution in chat rooms and trading floors. Peace is welcome, but stability in crypto often depends on more than a single announcement. For now, though, the market is riding high—and investors are hoping that this ceasefire really does stick. Featured image from Imagen, chart from TradingView

The news that Iran and Israel have agreed to a ceasefire brokered by US President Donald Trump may have marked the bottom for the Dogecoin price. Via X, independent chartist Maelius (@MaeliusCrypto) uploaded a weekly DOGE/USDT study that he believes is tracing an unusually clean, nested 1-2, 1-2 “spring-loaded” Elliott set-up – the kind of formation that often precedes an outsized third-wave rally. “DOGE … Market makers, please, don’t send it too hard,” the analyst joked on 23 June, imploring liquidity desks to let the structure mature before unleashing volatility. Dogecoin Ready To Explode? In Maelius’ count, the second of the two minor wave-twos ended last week when price tagged $0.142 and immediately snapped higher. That inflection, visible on his chart as the tip of a long lower wick, occurred exactly where the 200-week exponential moving average ($0.142) intersects a rising support trend-line that has tracked Dogecoin since late-2023 – a textbook area for long-term money to defend. The bounce printed on Sunday’s weekly close, giving technicians a hard reference point for risk. If the wave map is correct, the composite third wave that now follows could push into the $1.10–$1.30 corridor, Maelius annotates. A fourth-wave pause somewhere near $0.60 would then reset oscillators before a terminal fifth wave above $1.60 completes the cycle. While the analyst stops short of publishing time targets, the price levels are etched in full on the chart, making the roadmap unambiguous. Underlying demand is also drawn into the picture. A broad green rectangle labelled “DEMAND” spans roughly $0.12–$0.17. Last week’s wick once again penetrated that zone before reversing, adding statistical weight to its importance. At the bottom of Maelius’ chart lies the WaveTrend Oscillator (WTO), comprising a fast line (WT1), a slow line (WT2) and a histogram that plots their spread. The analyst shades the band between about –60 and –30 in green to denote the oversold floor. Both momentum lines double-bottomed in that zone in autumn 2024 and April this year, immediately before price rocketed higher. As of Sunday’s close WT1 prints –18.49 and WT2 –33.21, with the histogram at –22.80. In other words, momentum is cooling but could be reversing as it is touching Maelius’ bottom zone as in previous instances. Sceptics note that a nested 1-2 count can fail if price undercuts the second wave-two, and that liquidity-driven memecoins are intrinsically prone to whipsaw. Even Maelius tempered his enthusiasm in a follow-up exchange when a follower warned of a “choppy summer,” replying: “We are almost in July bro, one or two months of chop not changing anything if [it] happens.” For now the battleground is clear: as long as Dogecoin holds above the converging 200-week EMA–trend-line nexus and the upper rim of the demand zone, the wave thesis remains intact and the next directional verdict will belong to the market rather than the meme. At press time, DOGE traded at $0.1634, up 17% since the bottom on Sunday.

Circle CIRCL stock is soaring, spiking by nearly 10X from its IPO price. Several factors, including USDC growth, strategic partnerships, and regulatory clarity, are driving demand. A few weeks before Circle, the issuer of USDC, a stablecoin pegged to the USD, went public with a $5 billion valuation, Ripple, a private company using XRP ▲5.89% in one of its core solutions, proposed a takeover, offering to buy the stablecoin issuer for $5 billion. However, the deal was rejected. Circle dismissed the proposal as too low, citing the rapid growth expected in the stablecoin market and their dominant position. DISCOVER: Virtuals Protocol Ecosystem Plummets With US-Iran War: VIRTUAL Price Prediction The CIRCL Stock Mega Rally Circle proceeded with its IPO on June 5, listing at $31. Since then, the CIRCL stock has been trading on the NYSE, gaining massive traction. The CIRCL stock is defying the broader crypto market sell-off. Out of this, early investors are in the money following steady gains in June. According to market data, CIRCL closed at around $263 on June 23 but rallied as high as $298 before pulling back. Since gapping up after its NYSE listing on June 5, it has spiked by over 300%, with no signs of slowing down. Interestingly, this rally occurs while SOL ▲7.87%, ETH ▲6.68%, and some of the best cryptos to buy are trending lower, reacting to turmoil in the Middle East. A close above $300 today could see CIRCLE extend gains, rewarding early investors and even triggering FOMO, as seen when some of the best meme coin ICOs launch. Financial market data, such as the Price-to-Earnings (P/E) Ratio, currently at around 3,311 based on earnings per share of $0.30, and the Price-to-Sales (P/S) Ratio, presently at 7.7x, point to a premium valuation. These metrics are generally higher than peers in the fintech sector. This suggests that the market is pricing in aggressive growth for USDC and the stablecoin market. As of June 24, the total stablecoin market stood at over $261 billion, with USDT by Tether Holdings dominating, holding more than 50% of the total stablecoin market cap. EXPLORE: What Are the Best New Presales to Buy in June 2025? Will the Circle Rally Continue? Several factors are driving CIRCLE stock demand. With regulatory clarity in the United States, the stablecoin market is expected to surge in the coming years. The passage of the GENIUS Act in the Senate was a bullish signal. Approval by the House and a signature from President Donald Trump, who supports crypto and indirectly owns a stablecoin company, would make it law. The market is pricing in with higher confidence, expecting the act to become law by mid-2026. Once this framework passes, stablecoins backed by U.S. Treasuries will be legitimized, allowing institutions to gain exposure. Beyond supportive regulations, Circle will likely continue scaling and generating more revenue. They earned $1.5 billion in revenue in 2024, and the projected increase in USDC interest means revenue will likely rise, all from low-risk bonds. Circle is also expanding its footprint and forming strategic partnerships. Fiserv will now issue, FIUSD, a stablecoin using Circle’s infrastructure. Through this integration, Jeremy Allaire said Fiserv is positioned to “extend the benefits of stablecoin-based payments and open internet finance to thousands of financial institutions.” DISCOVER: 15 Next Crypto to Explode in 2025: Expert Cryptocurrency Predictions & Analysis Circle CIRCL Stock Mega Rally: Will It Break $300? Circle stock rallying after listing on the NYSE Will CIRCL break $300? USDC has been growing rapidly GENIUS Act passage in Senate, Strategic partnerships propping up stock prices The post Circle Stock Shows No Signs of Slowing Down: Here’s Why appeared first on 99Bitcoins.

Click on chart for Live Prices Gold pulled back sharply in overnight trade on Tuesday following US President Donald Trump’s surprise announcement that Israel and Iran had agreed to a complete ceasefire. Gold fell as much as 1.6% or more than $50 to $3,316 an ounce on Tuesday. Bullion remains up more than 25% since the start of the year with investors piling into the metal as a safe haven asset during geopolitical turmoil. The economic fallout of trade tensions also persuaded investors to opt for bullion over riskier assets and continued central bank buying underpinned the metal’s advance this year. Trump made the announcement, later confirmed by Israeli Prime Minister Benjamin Netanyahu, on his Truth Social platform, adding that the deal is aimed at a lasting end to the fighting and warning both side not to violate the accord.

Crypto has been an emo girl during puberty with a mix of red candles, exit scams, and uncertain vibes all in a stagnant market. But SEI crypto is doing the opposite, pumping 31% like it didn’t get the memo of a potential WW3. SEI surged from $0.158 to $0.268, flipping market despair into something that resembles bullish structure. Let’s break down why SEI could outperform SUI, Solana and other L1s and our SEI price prediction: SeiPriceMarket CapSEI$1.39B24h7d30d1yAll time SEI Crypto Gains Ground with Record Network Activity SEI’s rally is moving with DEX volume to match. DEX activity hit an all-time high this week, crossing $263 million, while token volume topped $284 million in a single day. After months of modest movement, interest in the network is clearly accelerating. June 17 brought more fuel to the fire with $9 million in daily spot inflows, the biggest spike this year. Derivatives markets followed suit, with open interest leaping by over 60% and total volume clearing $1.16 billion. Adding to investor optimism, SEI Network was recently shortlisted as a candidate blockchain for Wyoming’s WYST stablecoin. Wyoming is always ahead of the curve for crypto innovation, and this fiat-backed pilot project enhances the credibility of SEI’s ecosystem in institutional settings. And later in the year, SEI flips the switch on the Giga upgrade, a multi‑proposer EVM hell‑raiser that cranks throughput up 50x, slashes block times by 70x, and locks in sub‑400 ms finality. A lot is going for this project. Technical Indicators Signal Sustained Momentum Technicals are lining up for SEI. The $0.16 level held firm on the last dip, with price bouncing hard off that zone. Eyes now shift to $0.30 as the next test up top. SEI’s RSI is stretched past 72, yet momentum’s still leaning bullish, backed by a green MACD cross. According to DeFiLlama: The Total Value Locked (TVL) on SEI increased by 1.62% in the last 24 hours, reaching $506.38 million. Perpetual and DEX trading volumes hit $63.63 million and $32.04 million, respectively, underscoring elevated DeFi activity. App fees and revenues are climbing, generating $102,821 and $21,848 daily. What’s Next for SEI? SEI isn’t coasting on hype. The rally is underwritten by network usage, investor buy-in, and technical tailwinds all moving in sync. The pieces are on the board. A pullback wouldn’t shock anyone, but zoom out, and SEI still looks underpriced. As analysts like Invest Answers note, SEI beats out SUI on most metrics except DEX volume, yet trades at a fraction of the valuation. A move to SUI’s market cap would price SEI near $4, a clean 20x from here. EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways SEI crypto is doing the opposite, pumping 31% like it didn’t get the memo of a potential WW3. The rally is underwritten by network usage, investor buy-in, and technical tailwinds all moving in sync. The post SEI Crypto Just Went Vertical: 31% Surge Leaves Other Altcoins in the Dust appeared first on 99Bitcoins.

Trump’s surprise ceasefire announcement between Iran and Israel sent BTC ▲3.71% flying with a new Bitcoin golden cross forming. After dipping below $99K, BTC jumped nearly 3.6% on the news, peaking over $106K before leveling at $105,400. Will this ceasefire stand, especially when Trump and Israel called for regime change in Iran? Moreover, conflicting reports remain whether the ceasefire is real, with some Iranian officials denying its legitimacy. (X) Trump’s “Complete and Total Ceasefire” Trump took to Truth Social on Monday with an all-caps delivery of alleged peace in the Middle East: a “Complete and Total CEASEFIRE” between Israel and Iran, set to begin in six hours. Confusion followed, but Reuters soon confirmed an Iranian official had signed on. (X) The market reaction was fast and decisive, with stock futures up, oil down $10 in hours, and Bitcoin riding the risk-on rebound. War is off the table for now. It’s important to keep in mind, however, that the underlying motivations of what started this war are still there: America called for regime change in Iran, as confirmed by Trump. Israel has called for regime change. Iran is now unified and galvanized against the West. None of these motivations have been realized, so don’t be surprised if this isn’t the last we hear of this conflict this year… hopefully not [Knocks on wood]. Bitcoin Golden Cross: Technical Breakout Confirmed Bitcoin staged a textbook V-shaped recovery on Tuesday, snapping its multi-day slide with rising volume. Support is holding at $102,800, with deeper footing near $101,800. Resistance at $105,500 is holding for now as many, like us, are unsure if the ceasefire will hold. However, a golden cross at $102,850 confirms bulls are back in control, with both SMAs now sloping upward. (BTCUSD) Bitcoin’s reaction underscores how tightly crypto now moves with the broader global machine: geopolitics, markets, momentum, all tied together. What’s Next for Bitcoin? Bitcoin’s setup checks the right boxes with a golden cross in place, recovery intact, and key support at $102.8K holding. The $105,500 mark remains the pivot. Break that, and $106,500 comes into view. With the macro backdrop softening, BTC’s upside case gets stronger. The chart and the world both point the same way—for now. EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways After dipping below $99K, BTC jumped nearly 3.6% on the news, peaking just over $106K . With the macro backdrop softening, BTC’s upside case gets stronger The post Iran Ceasefire Crumbles: What It Means for Bitcoin Golden Cross appeared first on 99Bitcoins.

Ethereum saw a notable decline in its price over the last week, and the weekend culmination pulled the price back towards levels not seen in over one month. The movement tracks with the established bearish trend of the month of June and continues to show mounting sell pressure on the cryptocurrency. However, with this decline has emerged a trend similar to what was seen back in 2021, right before the market picked up and saw the beginning of the altcoin season. Ethereum Price Crash Similar To 2021 Looking at the current Ethereum price action and that of what was seen back in Q2 2021, there have been some striking similarities. Most especially, how the Ethereum price has performed in the month of June so far has been the same as what happened back in June 2021. In 2021, the Ethereum price began the month of June trading above $2,600. However, as the month went on, the altcoin suffered multiple declines and crashed below $2,000 before it was over. Eventually, the price would find its bottom somewhere around $1,600 before the decline was over. Fast forward four years to the year 2025, and the month of June is showing the same trend. June 2025 had begun with the Ethereum price trending above $2,600 before the bears took control. Since then, the altcoin has crashed by more than 20%, and looks primed for more. Using the historical performance, it would suggest that the Ethereum price decline is far from over. If there is a repeat of June 2021, then Ethereum could suffer another 20% crash before the month of June is over, to find its bottom somewhere between $1,600 and $1,700. The Trigger For Altcoin Season Given that Ethereum is the largest altcoin in the market, it is naturally the trigger for the altcoin season. Looking back on 2021, the altcoin season began when the Ethereum price began to rally. But the recovery did not begin until the month of July, and eventually lasted into the month of November. So far, investors are already looking positively toward July 2025, as there have been rumors of a rate cut. This is expected to trigger a market rally for risk assets such as Bitcoin and Ethereum, coupled with the fact that a resolution to the Iran-Israel war could be in the works. If this trend holds, then it is possible that the Ethereum price would begin to rally in July. As seen in 2021, Ethereum would end up rising over 200% in the course of five months, to put in a new all-time high in the month of November.

Global markets experienced another volatile session on Monday, 23 June, swinging sharply from early risk-off sentiment to a late-session risk-on rally as fresh developments unfolded around the Israel-Iran conflict. close Fig 2: AUD/USD minor & medium-term trends as of 24 June 2025 (Source: TradingView) Fig 2: AUD/USD minor & medium-term trends as of 24 June 2025 (Source: TradingView) Since its 24 April 2024 minor swing low of 0.6350, the AUD/USD has traded in a sideways range configuration in the past eight weeks, and several technical elements suggest an imminent bullish breakout. The price actions of the AUD/USD staged a minor bullish reversal on Monday, 23 June, after a retest close to its range support of 0.6360/6350. In addition, the 4-hour RSI momentum indicator has just staged a bullish breakout above a parallel descending resistance line above its 50 level and has not reached its overbought region (above 70). These observations suggest an emergence of bullish momentum conditions. Watch the 0.6455/6440 key short-term pivotal support, and a clearance above 0.6545 (8-week range resistance) sees the next intermediate resistances coming in at 0.6600 and 0.6690 (see Fig 2). On the other hand, failure to hold above 0.6440 negates the bullish tone for another round of choppy corrective decline to drift downwards to retest 0.6407, and the range support of 0.6360/6350. Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

The on-chain analytics firm Glassnode has highlighted the $97,000 to $98,000 zone as an important one for Bitcoin. Here’s why. Bitcoin CBD Suggests Build Up Of Supply In This Range In a new post on X, Glassnode has discussed about a potentially significant zone for Bitcoin based on the Cost Basis Distribution. The Cost Basis Distribution (CBD) is an indicator that measures the amount of the BTC supply that investors last purchased or transferred at the various price levels. As is visible in the above graph, there is a dense supply zone located between $97,000 to $98,000. Generally, investors are quite sensitive to retests of their cost basis, so a large amount of them (or alternatively, a few large holders) having their acquisition level inside a narrow range could make retests of it significant for Bitcoin. When the mood in the market is bullish, holders can react to retests of their cost basis from above by buying more. They may do so believing that the same level would end up proving profitable again in the future and the retrace is just a ‘dip.’ The cryptocurrency suffered a plunge yesterday and nearly touched this region. Since then, however, things have turned around for the asset and it has gained some distance over it once more. In the event that the decline does continue, which may not be too unexpected given the volatile geopolitical situation at the moment, the zone could end up acting as the next true pivot for Bitcoin, according to the analytics firm. While the CBD tells us where the cryptocurrency’s supply is concentrated, it doesn’t contain any information about who bought or sold at those price levels. Glassnode’s behavioral cohorts, investor groups divided on the basis of their behavior, solve this problem. Here is a chart that shows the trend in the Bitcoin supply held by these holder cohorts over the past few years: There are five of these behavior groups. First Buyers (green) include the investors who are buying Bitcoin for the very first time. As displayed in the chart, the supply of this group has been on the rise, indicating fresh demand has been coming in. Momentum Buyers (blue) are those that capitalize on market momentum by buying during uptrends. On the opposite spectrum are the Conviction Buyers (purple), who buy despite falling prices. Finally, there are the Loss Sellers (red) and Profit Takers (yellow), who correspond to investors exiting at a loss and profit, respectively. During the past couple of weeks, the former cohort has seen an increase of 29%, a sign that weak hands have been capitulating. That said, the analytics firm has noted, “Conviction Buyers also increased, suggesting sentiment isn’t collapsing. Some are cutting losses – others are actively lowering their cost basis.” BTC Price At the time of writing, Bitcoin is floating around $103,900, down more than 4% in the last seven days.

BNB price is gaining pace above the $632 support zone. The price is now showing positive signs and might aim for more gains in the near term. BNB price is attempting to recover from the $600 support zone. The price is now trading below $632 and the 100-hourly simple moving average. There was a break above a bearish trend line with resistance at $625 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $632 level to start another increase in the near term. BNB Price Eyes More Gains After forming a base above the $600 level, BNB price started a fresh increase. There was a move above the $620 and $625 resistance levels, like Ethereum and Bitcoin. There was a decent move above the 50% Fib retracement level of the recent decline from the $651 swing high to the $602 low. Besides, there was a break above a bearish trend line with resistance at $625 on the hourly chart of the BNB/USD pair. The price is now trading below $632 and the 100-hourly simple moving average. It is also consolidating near the 76.4% Fib retracement level of the recent decline from the $651 swing high to the $602 low. On the upside, the price could face resistance near the $644 level. The next resistance sits near the $650 level. A clear move above the $650 zone could send the price higher. In the stated case, BNB price could test $665. A close above the $665 resistance might set the pace for a larger move toward the $680 resistance. Any more gains might call for a test of the $700 level in the near term. Another Decline? If BNB fails to clear the $644 resistance, it could start another decline. Initial support on the downside is near the $635 level. The next major support is near the $632 level. The main support sits at $625. If there is a downside break below the $625 support, the price could drop toward the $612 support. Any more losses could initiate a larger decline toward the $600 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level. Major Support Levels – $632 and $625. Major Resistance Levels – $644 and $650.

Cardano (ADA) has been struggling to hold some crucial levels over the month, falling to multi-month lows over the weekend. As the cryptocurrency attempts to hold a key support area, some analysts believe this make-or-break retest will determine its next big move. Cardano To See More Bleeding Cardano is recording a 4.5% daily increase after bouncing from the $0.51 area on Sunday. Notably, ADA was in a downtrend following its 3-year high of $1.32 in December 2024, which ended after the late April breakout and May bullish rally. However, the cryptocurrency has struggled to hold its April-May range amid the June market pullback, losing the key $0.66 area ten days ago. Since then, Cardano has recorded seven consecutive red daily candles and fallen below the $0.60 support. Sjuul from AltCryptoGems suggested that Cardano’s rally will be halted unless some ground is recovered. According to the analyst, the cryptocurrency’s multi-month price action “ended up being a classic distribution schematic” after losing the $0.66 support. This would signal that ADA’s uptrend has ended and a potential downtrend is ahead. “As long as we don’t reclaim $0.66, just expect further downtrend from now on,” he asserted. Meanwhile, market watcher Man of Bitcoin highlighted the cryptocurrency’s June downtrend, affirming that if the price remains below the descending trendline, downward pressure will persist. He added that “One more low in wave iv is still possible,” hinting that a drop below the $0.50 could be on the horizon before the next wave up. Nonetheless, the analyst noted that “it should be a brief wick to the downside” as a “sustained break lower would weaken the bullish outlook.” ADA Retest To Trigger Rally To $1? Amid the ongoing global war tensions, ADA’s price retested the crucial $0.52 support on Sunday, hitting a four-month low of $0.51, before recovering and closing the week around the $0.54 mark. Market watcher Rose Premium Signals noted that a weekly close around the crucial $0.56 level would continue the possible double-bottom setup forming on ADA’s chart. The analyst added that a confirmed rebound from the $0.54-$0-56 area could send the price to the initial $0.99 target and set the stage for a climb toward the $1.20 and $1.50 resistances. On the contrary, failing to hold this area could see Cardano lose its six-month price range and retrace to the $0.32 level. Meanwhile, Crypto Billion affirmed that Cardano appears to be forming a potential triple bottom structure, which could lead to a bullish reversal. As the cryptocurrency retested the $0.50-$0.52 area over the weekend, the analyst highlighted that this key range had been held twice before since the November breakout. Additionally, he pointed out that ADA’s price appears to be trading within a multi-month falling wedge pattern, which suggests a breakout toward the $1 mark if the price climbs toward the upper boundary. As of this writing, Cardano is trading at $0.54, a 15.6% decline in the weekly timeframe.

XRP price started a fresh increase from the $1.920 zone. The price is back above $2.10 and might struggle to continue higher above the $2.20 zone. XRP price started a fresh increase above the $2.050 zone. The price is now trading above $2.10 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2.00 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a fresh increase if there is a close above the $2.180 resistance zone. XRP Price Eyes More Gains XRP price remained supported above the $1.920 zone and started a fresh increase, like Bitcoin and Ethereum. The price recovered above the $2.00 and $2.020 resistance levels. Besides, there was a break above a key bearish trend line with resistance at $2.00 on the hourly chart of the XRP/USD pair. The pair even cleared the $2.10 resistance and $2.150 hurdle. However, the bears were active below $2.20. A high was formed at $2.170 and the price is now consolidating above the 23.6% Fib retracement level of the upward move from the $1.910 swing low to the $2.170 high. The price is now trading above $2.10 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.1650 level. The first major resistance is near the $2.180 level. The next resistance is $2.20. A clear move above the $2.20 resistance might send the price toward the $2.250 resistance. Any more gains might send the price toward the $2.300 resistance or even $2.320 in the near term. The next major hurdle for the bulls might be $2.50. Another Drop? If XRP fails to clear the $2.180 resistance zone, it could start another decline. Initial support on the downside is near the $2.0880 level. The next major support is near the $2.050 level or the 50% Fib retracement level of the upward move from the $1.910 swing low to the $2.170 high. If there is a downside break and a close below the $2.050 level, the price might continue to decline toward the $2.00 support. The next major support sits near the $1.920 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.050 and $2.00. Major Resistance Levels – $2.180 and $2.20.

Bitcoin has rebounded slightly after dropping below the $100,000 mark, a decline attributed to escalating geopolitical tensions. The digital asset reached lows of approximately $98,974 following reports of US military strikes on Iran. At the time of writing, Bitcoin has regained some ground and is trading at $102,1010, representing a 2.4% increase over the past 24 hours and a 5.82% decrease over the last week. Amid this price performance, recent on-chain analysis points to a phase of consolidation rather than a structural breakdown. CryptoQuant analyst Darkfost shared in a QuickTake post that long-term Bitcoin holders appear to be maintaining their positions rather than exiting, indicating continued conviction despite short-term volatility. Bitcoin On-Chain Indicators Signal Consolidation, Not Capitulation According to Darkfost, the current market behavior is reflective of a quiet consolidation period, with long-term holders showing little inclination to sell. Based on the 30-day moving average of Binary Coin Days Destroyed (CDD), his analysis shows that the metric has stayed below the 0.8 threshold typically associated with major corrections. The value recently peaked at 0.6 before trending downward, suggesting limited market overheating at present levels. Darkfost emphasized that this moderation could precede a continuation of the broader bull cycle, mirroring past market structures where consolidation phases led to further price advances. He noted that past bull runs have often been characterized by a “staircase” trajectory, periods of sideways or modest downward movement followed by renewed upward momentum. In this context, subdued sentiment may indicate that the market is preparing for a potential next leg higher. The analyst wrote: Importantly, this does not signal the end of the bull cycle. Instead, similar to the past two phases, we may once again see a staircase-like movement where consolidation is followed by another leg up. Historically, Bitcoin’s explosive rallies tend to occur when market attention fades and sentiment is quiet, making the current silence potentially a precursor to the next big move. Whale Behavior Remains Steady Amid Market Tensions Complementing this outlook, another CryptoQuant contributor, Mignolet, provided insight into whale activity during the current consolidation phase. He noted that while the market setup resembles the double-top formation seen in 2021, key on-chain signals from whales have not aligned with those seen during that previous peak. Specifically, Ethereum transaction outflows, often used as a proxy for large investor exits, have not shown the kind of spikes observed during the 2021 market top. Mignolet pointed out that although Ethereum has seen a gradual decline in market share relative to other layer-1 and layer-2 chains since 2020, its transactional data still maintains a strong correlation with Bitcoin price movements. The absence of aggressive exit activity among large holders suggests that major market participants are not rushing for the exits, despite heightened geopolitical uncertainty and short-term price volatility. Featured image created with DALL-E, Chart from TradingView

Ethereum price started a fresh increase from the $2,120 zone. ETH is now up over 8% and might face resistance near the $2,460 zone. Ethereum started a fresh upward move above the $2,200 level. The price is trading above $2,250 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2,240 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it settles above the $2,460 resistance zone in the near term. Ethereum Price Regains Traction Ethereum price started a fresh increase from the $2,120 support level, like Bitcoin. ETH price was able to clear the $2,200 and $2,250 resistance levels to move into a positive zone. Besides, there was a break above a key bearish trend line with resistance at $2,240 on the hourly chart of ETH/USD. The bulls even pushed the price above the 61.8% Fib retracement level of the downward move from the $2,568 swing high to the $2,114 low. Ethereum price is now trading above $2,300 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $2,440 level. The next key resistance is near the $2,460 level. It is close to the 76.4% Fib retracement level of the downward move from the $2,568 swing high to the $2,114 low. The first major resistance is near the $2,500 level. A clear move above the $2,500 resistance might send the price toward the $2,550 resistance. An upside break above the $2,550 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,620 resistance zone or even $2,650 in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,460 resistance, it could start a fresh decline. Initial support on the downside is near the $2,340 level. The first major support sits near the $2,320 zone. A clear move below the $2,320 support might push the price toward the $2,250 support. Any more losses might send the price toward the $2,150 support level in the near term. The next key support sits at $2,120. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,320 Major Resistance Level – $2,460

Bitcoin and other crypto funds have kept the cash register flowing for 10 straight weeks, pulling in $1.24 billion in the latest period. That brings the year-to-date haul to $15 billion. Even holiday trading lulls and global jitters haven’t stalled the momentum. Investors seem to be treating this pullback as a chance to buy, not a reason to sell. Bitcoin And Ethereum Lead The Pack According to CoinShares data, Bitcoin pulled in $1.114 billion this week alone. It has now logged $2.37 billion month-to-date and $12.7 billion YTD, across nearly $152 billion in assets under management. Ethereum chipped in with its ninth straight week of gains, adding $124 million in weekly inflows. That pushed its month-to-date total past $1 billion and its YTD figure to $2.43 billion, across $14.29 billion of assets. Investors aren’t scooping up bearish bets, either: short Bitcoin products saw just $1.4 million in outflows this week and $8.7 million since January. Altcoins See Mixed Results Solana attracted $2.80 million this week and nearly $3 million month-to-date, lifting its YTD flows to almost $86 million. XRP pulled in $2.70 million weekly and $10.55 million month-to-date, taking its year-long total to $268 million across $1.205 billion in managed assets. But funds that package multiple tokens bled $5.76 million this week and almost $17 million for the month—though they’re still up $58 million in 2025. Other altcoin vehicles are in rough shape, with $509 million of outflows since January. Regional Trends Highlight The US The United States led global flows with $1.25 billion in weekly inflows. That’s $3.37 billion month-to-date and $14.30 billion YTD, out of $135 billion under management. Canada added nearly $21 million this week and $42.8 million for June. Germany chipped in almost $11 million while Australia booked $16.6 million. Brazil bucked the trend with $9 million of outflows this week and $26.4 million in June, but it’s still about $34.8 million ahead for the year. Smaller Tokens Struggle For Attention Some newer names drew mixed reactions. Sui saw $8.5 million drain this week despite $3.3 million of gains so far in June. Litecoin eked out $0.21 million in weekly inflows and clos to $6 million YTD. Cardano and Chainlink grabbed $0.34 million and $0.6 million this week, respectively. But smaller “other” products pulled in only $2.75 million against heavy selling since January. Institutions are still finding reasons to back crypto even as global events and holiday thins slow trading. Total weekly flows hit $1.23 billion, taking June’s total to $3.38 billion and the year’s to $15 billion, across $176 billion in overall assets. Based on these trends, big spenders aren’t ready to abandon digital tokens. They’re treating pullbacks like offers they can’t pass up. Featured image from Unsplash, chart from TradingView

Bitcoin price started a fresh increase from the $98,250 zone. BTC is now consolidating and might aim for a move above the $106,500 resistance. Bitcoin started a fresh increase above the $102,000 zone. The price is trading above $102,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $101,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it stays above the $102,500 zone. Bitcoin Price Recovers Ground Bitcoin price started a fresh increase from the $98,500 zone. BTC gained pace after Trump announced a ceasefire. The price was able to climb above the $102,000 and $103,200 levels. Besides, there was a break above a key bearish trend line with resistance at $101,500 on the hourly chart of the BTC/USD pair. The pair cleared the 61.8% Fib retracement level of the downward move from the $106,470 swing high to the $98,277 low. Finally, the price traded close to the $106,000 level. Bitcoin is now trading above $104,000 and the 100 hourly Simple moving average. It is also above the 76.4% Fib retracement level of the downward move from the $106,470 swing high to the $98,277 low. On the upside, immediate resistance is near the $106,000 level. The first key resistance is near the $106,200 level. The next key resistance could be $106,500. A close above the $106,500 resistance might send the price further higher. In the stated case, the price could rise and test the $108,000 resistance level. Any more gains might send the price toward the $110,000 level. Another Drop In BTC? If Bitcoin fails to rise above the $106,000 resistance zone, it could start another decline. Immediate support is near the $104,000 level. The first major support is near the $103,500 level. The next support is now near the $102,500 zone. Any more losses might send the price toward the $101,200 support in the near term. The main support sits at $100,000, below which BTC might struggle to find bids. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $104,000, followed by $103,500. Major Resistance Levels – $106,000 and $106,500.

After a brief drop to $98,000 over the weekend, Bitcoin (BTC) has recovered and is now trading above $101,000 at the time of writing. While concerns about a potential double top persist, on-chain data has yet to show any major warning signs. Bitcoin Undergoing Healthy Consolidation According to a recent CryptoQuant Quicktake post by contributor Avocado_onchain, despite broader market sentiment turning bearish, BTC has not yet displayed any significant red flags. In fact, the cryptocurrency still appears to be in a consolidation phase. Notably, the 30-day moving average (MA) of Binary Coin Days Destroyed (CDD) indicates that long-term holders are continuing to hold onto their BTC rather than selling. This suggests that investors remain optimistic about Bitcoin’s potential for further upside in the near term. For the uninitiated, the 30-day MA Binary CDD smooths out daily fluctuations to show how frequently long-term Bitcoin holders are moving their coins over a month. A lower value suggests strong holding behavior and accumulation, while a higher value may indicate distribution or selling pressure from experienced holders. The analyst noted in a previous analysis that when Bitcoin’s Binary CDD exceeded 0.8, it was typically followed by a steep correction. However, this time, the indicator has peaked around 0.6 and is now on the decline – suggesting the market is far from overheating. They added: Although the data may not align perfectly from cycle to cycle, this moderation below 0.8 still implies the market may be entering a consolidation period, and further price or time correction could follow. The analyst emphasized that this indicator does not signal the end of the bull run. Rather – similar to the previous two market phases – Bitcoin could be following a “staircase-like movement,” where periods of consolidation are followed by a strong upward leg. They concluded that BTC historically tends to rally when market attention fades and sentiment remains quiet. Therefore, the current period of low volatility could be a precursor to Bitcoin’s next major move to the upside. Are BTC Bears In Trouble? While the current bearish sentiment may have raised hopes for further price pullback for the largest cryptocurrency by reported market cap, both technical and on-chain indicators suggest otherwise. For example, short positions have been rising sharply within the $100,000–$110,000 range, increasing the likelihood of a short squeeze – which could drive BTC to a new all-time high (ATH). That said, some caution is warranted, as short-term holders have been selling during recent dips, showing a lack of confidence in Bitcoin’s ability to sustain its upward trajectory. At press time, BTC trades at $101,954, up 1.1% in the past 24 hours.

The team winding down FTX’s bankruptcy is firing back at a massive claim filed by collapsed hedge fund Three Arrows Capital, better known as 3AC. The $1.53 billion claim, according to FTX’s legal filing, is not only exaggerated but also based on flawed assumptions and poor risk management by 3AC itself. In court documents, FTX argues that 3AC’s $1.5B claim ignores key facts about margin breaches and fund withdrawals. At the heart of the dispute is a series of leveraged trades placed by 3AC on the FTX platform before both companies went under. FTX says 3AC ignored margin calls, withdrew funds instead of posting collateral, and ultimately forced FTX to liquidate their positions. Now, 3AC’s liquidators want the court to believe that FTX owes them more than a billion dollars. What Really Happened With the 3AC Account Back in 2022, 3AC held a sizeable margin trading account on FTX. This was around the time the broader crypto market was reeling from the collapse of Terra and a general loss of confidence. 3AC had borrowed funds and placed large bets on the platform. When the market turned and the value of those positions dropped, FTX says it sent out alerts warning that the account had fallen below margin requirements. According to court filings, 3AC went silent for over six hours and instead pulled $18 million in Ethereum from the account. FTX then liquidated the positions, claiming the move was not only allowed under the terms of the agreement but necessary to avoid deeper losses. After the liquidation, the account still held $82 million, and FTX argues that letting the position ride longer would have led to a negative balance. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 Why FTX Believes the Claim Is Inflated FTX’s legal team is asking the Delaware bankruptcy court to reject the full claim. They argue that 3AC is trying to rewrite history by blaming FTX for its own poor decisions. In their view, the hedge fund’s massive exposure, late response, and untimely withdrawal of funds created a hole in the account. FTX had no choice but to close it. To strengthen its case, FTX brought in a consultant from Alvarez & Marsal, who reconstructed the trading data and found that the liquidation was justified. A legal expert in British Virgin Islands law, where 3AC was incorporated, also weighed in. They said the legal theory behind 3AC’s claim did not hold up. BitcoinPriceMarket CapBTC$2.09T24h7d30d1yAll time The numbers also don’t quite add up. FTX says the crypto balance in 3AC’s account was around $1.02 billion, but after subtracting liabilities, withdrawals, and the value lost during the market crash, the final balance was much smaller. FTX argues that 3AC’s claim of being owed $1.53 billion simply does not reflect what happened. DISCOVER: 20+ Next Crypto to Explode in 2025 What Comes Next in the Case 3AC’s team has until July 11 to formally respond to the objection. =””>reserver-spaces=”true”>>A court hearing has been scheduled for August 12 in Delaware, where a judge will decide how much, if any, of 3AC’s $1.5B claim can move forwarda-preserver-spaces=”true”>. Source: Shutterstock FTX’s bankruptcy process still ties up billions, and many creditors await clarity. This case could influence how quickly and fairly remaining funds are distributed. It also raises questions about how claims between failed crypto firms should be handled when both sides made serious mistakes. 3AC’s $1.5B claim might reshape how collapsed crypto firms handle creditor disputes. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways FTX is challenging a $1.53 billion claim from Three Arrows Capital, calling it inflated and based on flawed assumptions. paces=”true”> FTX says 3AC failed to meet margin calls, withdrew $18 million in ETH, and forced FTX to liquidate its account to prevent deeper losses. paces=”true”> A consultant reconstructed trading data showing the l iquidation was justified, and a BVI legal expert disputed the basis of 3AC’s claim. paces=”true”> FTX argues the remaini ng account value did not support a claim of over $1 billion after accounting for liabilities and withdrawn assets. The court will hear the dispute on August 12, and 3AC must respond to FTX’s objection by July 11. The post FTX Pushes Back on Three Arrows Capital’s $1.53 Billion Claim appeared first on 99Bitcoins.

As volatility engulfs the cryptocurrency market amid war tensions, on-chain data shows that the Bitcoin short-term holders are selling at a loss. Bitcoin Short-Term Holders Just Made Large Exchange Inflows At A Loss In a new post on X, CryptoQuant author Axel Adler Jr has talked about how the Bitcoin short-term holders have reacted to the price volatility that has come alongside rising tensions in the Middle East following US strikes on three nuclear facilities in Iran. The short-term holders (STHs) refer to the BTC investors who purchased their coins within the past 155 days. The other side of the network, the holders with a holding time greater than 155 days, are termed as the long-term holders (LTHs). The former group contains the new entrants and low conviction holders, who generally panic easily whenever some change occurs in the market. On the other hand, the latter cohort includes the veterans of the market, who tend to sit tight through crashes and rallies alike. As such, given the recent sharp price action that has occurred in the sector, the STHs are likely to have made some moves. And indeed, on-chain data would confirm so. The above chart, shared by the analyst, shows the data for the profit and loss exchange deposit transactions that the STHs as a whole are making. Investors usually transfer to these centralized platforms when they want to sell, so inflows going to them can provide hints about whether selling is elevated or not. From the graph, it’s visible that the loss transactions going to the exchanges from this cohort have amounted to 14,700 BTC, which, although lower than the two major capitulation events from the past couple of months, is significant. Thus, it would appear that some of the STHs have reacted to the news by exiting the market, even if it means taking a loss. It’s also apparent from the chart that the profitable transfers have remained relatively low at 3,100 BTC. This is likely down to the fact that the STHs are left with little profit following the price decline, as the on-chain analytics firm Glassnode has pointed out in an X post. In the chart, the trend of the STH Realized Price is displayed. This indicator keeps track of the Bitcoin cost basis or acquisition level of the average STH. During the crash, the price almost retested the line, and even after the rebound, it remains close to it, meaning the profit margin for the cohort is still tight. BTC Price At the time of writing, Bitcoin is trading around $101,300, down over 5% in the last week.

The Federal Reserve has officially joined the FDIC and the OCC in removing “reputational risk” from the list of factors used to assess whether banks can do business with certain industries. This quiet but significant update could change how banks engage with the crypto world. For years, crypto companies in the United States have faced a frustrating problem. Even when fully legal and compliant, many found themselves locked out of traditional banking. The issue wasn’t fraud or instability. It was image. Banks were worried that working with crypto firms would hurt their reputation. That kind of risk, often vague and hard to define, could trigger extra scrutiny during exams. It discouraged banks from touching anything remotely controversial. That barrier just got a lot lower. Why This Decision Matters Now The concept of reputational risk was never clearly defined. It gave regulators broad discretion to flag a bank for doing business with companies that were legal but unpopular in some circles. Crypto firms have long felt the pressure from this. Some have been dropped by their banks without explanation. Others never got access in the first place. The change from the Fed means that banks are no longer expected to consider how public perception might affect their business relationships. They are still required to assess financial, operational, and legal risk, but the question of what might look bad is no longer part of the equation. This doesn’t mean banks will rush to onboard crypto clients tomorrow, but it does clear up a gray area that has held things back. Now, banks can focus on what actually matters—whether a client is safe, compliant, and financially sound. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in June 2025 A Break for Crypto’s Banking Problem For crypto firms, this update removes a major source of friction. Many companies have been stuck relying on foreign institutions or risky payment workarounds just to handle basic banking. Even large, well-established platforms struggled to maintain consistent relationships with U.S. banks. And smaller startups? They barely stood a chance. With the reputational hurdle gone, banks are in a better position to evaluate crypto clients based on real risk, not speculation or fear of bad press. That opens the door, at least in theory, for more stable and long-term partnerships. BitcoinPriceMarket CapBTC$2.09T24h7d30d1yAll time Of course, crypto still carries real risk. Banks will continue to monitor for fraud, compliance failures, and volatility. But those are standard parts of any risk assessment. What changes now is that the decision to work with a crypto firm is no longer shadowed by what regulators or the media might think about it. DISCOVER: Best New Cryptocurrencies to Invest in 2025 Setting the Tone Across Agencies The Fed’s move is part of a broader effort to bring consistency across U.S. financial oversight. Earlier this year, both the FDIC and the OCC made the same adjustment. With all three major regulators aligned, the message is clearer. Banks will not be punished for working with legal businesses simply because they are controversial. This creates a more predictable environment for both banks and the crypto industry. It also removes a layer of discretion that some viewed as inconsistent or even political. Going forward, if a firm meets legal and compliance requirements, it should be able to access essential financial services without facing invisible roadblocks. A More Practical Approach to Risk The decision to drop reputational risk does not mean regulators are taking their foot off the gas. It means they are narrowing their focus to real, measurable threats to safety and stability. That shift could help modernize oversight for industries that are rapidly evolving. Crypto is still far from fully integrated into the traditional financial system, but this is one less obstacle standing in the way. And for companies that have spent years fighting for basic banking access, that is a meaningful step forward. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways The Federal Reserve has removed reputational risk from its supervisory guidelines, aligning with the FDIC and OCC. Banks are no longer required to consider public image when deciding whether to work with crypto firms. This change makes it easier for legal and compliant crypto companies to access traditional banking services in the U.S. The move could lead to more stable partnerships between banks and crypto firms based on real risk, not fear of controversy. With all three major regulators aligned, the decision signals a more consistent and objective approach to financial oversight. The post Fed Drops ‘Reputational Risk’ Standard, Easing Path for Crypto Banking appeared first on 99Bitcoins.

🟡 Ouro em Máximas Históricas? Cuidado: Ainda Está Subvalorizado em Relação à Impressão de Dinheiro Por Igor Pereira | Analista de Mercado – ExpertFX School Mesmo com o ouro negociado a $3.349 por onça troy, renovando máximas históricas nominais, analistas experientes apontam que o metal precioso segue profundamente subvalorizado quando medido contra a verdadeira referência de valor: a base monetária global. Segundo Ronald Stoeferle, sócio da Incrementum AG e autor do respeitado relatório In Gold We Trust, o mercado está ignorando o efeito acumulado da impressão monetária desde 1980, especialmente após a crise financeira de 2008 e os pacotes trilionários da era COVID. 📉 Ouro subiu 294% — mas o dólar foi impresso em 3.500% Stoeferle expôs um dado que poucos consideram: Desde 1980, o preço do ouro subiu cerca de 294%; No mesmo intervalo, a base monetária dos EUA cresceu mais de 3.500%. Ou seja, apesar do ouro estar hoje em $3.349, seu valor real ajustado ao colapso do dólar ainda está defasado. 🟥 Trump e a nova fase da desvalorização do dólar Com Donald Trump prestes a retomar a presidência dos EUA, o mercado já precifica pressão política direta sobre o Federal Reserve, exigindo corte de juros e dólar mais fraco. 🟠 Ouro ainda está precificado como se fosse 2008 Apesar do preço nominal atual, o ouro continua a ser negociado como se ainda estivesse no ambiente monetário pré-QE, desconsiderando totalmente os riscos fiscais, a desconfiança internacional sobre os Treasuries e a aceleração global de compra de ouro físico por bancos centrais. 📊 Implicações para os mercados XAU/USD: Forte potencial estrutural de alta no médio e longo prazo. O atual nível de $3.349 ainda não reflete o real colapso do dólar. Dólar (DXY): Pressão para desvalorização com novo ciclo de cortes de juros e aumento do déficit fiscal sob Trump. Mercado de Treasuries: Perda de confiança global, levando a mais rotatividade para ouro físico. Fluxo institucional: ETFs como GLD e PHYS devem registrar novo crescimento no volume de entrada de capital institucional. Perspectiva técnica: A superação do nível de $3.300 ativa alvo em $3.500 no curto prazo e $4.000 no médio prazo, com suporte em $3.190. 📌 Conclusão: O preço do ouro já superou a barreira psicológica dos $3.300, mas ainda está descontado em relação à base monetária global e ao risco sistêmico crescente dos EUA. O valor real do ouro, quando ajustado ao colapso fiduciário, aponta para uma continuação do bull market secular. 🔎 Continue acompanhando o portal ExpertFX School para atualizações em tempo real sobre ouro (XAU/USD), política monetária, dólar, inflação e movimentos de bancos centrais. Igor Pereira Membro WallStreet NYSE | Analista-Chefe – ExpertFX School