Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

Stay up to date on the latest crypto trends with our expert, in-depth coverage.

banner
All
Crypto
Stocks
Commodities & Forex
Macro
Cooler-than-expected June CPI inflation bolsters crypto and equity markets
Cooler-than-expected June CPI inflation bolsters crypto and equity markets

Bitcoin and the wider cryptocurrency market posted an uptick, rising alongside stocks following cooler U.S. inflation data for June.

The Block·2024/07/11 13:49
Bitcoin Explodes Toward $60K as June CPI Numbers Favorable
Bitcoin Explodes Toward $60K as June CPI Numbers Favorable

Bitcoin’s price has reacted positively on data which indicates that inflation in the US is slowing down.

Cryptopotato·2024/07/11 13:19
Is the market ready for an ETH season in place of a full altcoin season?
Is the market ready for an ETH season in place of a full altcoin season?

Share link:In this post: ETH is showing signs of breaking out, but sentiment is mixed. The launch of a live ETF may trigger a price rally. In 2024, an ETH season may precede an altcoin rally, due to more liquidity, predictability, and lack of token unlocks for the Ethereum network.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultat

Cryptopolitan·2024/07/11 12:01
Elwood Technologies’ Large ETH Transfers Raise Questions Amid Acquisition Talks
Elwood Technologies’ Large ETH Transfers Raise Questions Amid Acquisition Talks

Global fintech and crypto infrastructure provider Elwood Technologies has been moving Ethereum to and from centralized exchanges, sparking speculation in the crypto community.

Cryptopotato·2024/07/11 11:34
Flash
17:01
The cryptocurrency market is generally declining, with bitcoin dropping to $61,000 during the Asia-Pacific morning session.
MarketVectorTM Digital Asset 100 Mid-Cap Index fell 4.82%, reported at 2785.49 points, traded most of the time below 2800 points, and at 19:15 (UTC+8) hit the daily low at 2668.01 points. MarketVector Digital Asset 100 Index dropped 3.92%, reported at 12738.82 points, at 10:01 (UTC+8) dropped to 12377.01 points. Currently, Solana is down 3.94%, Dogecoin down 3.25%, XRP down 3.23%. Bitcoin fell 3.17%, now reported at $63,493.07, spending most of the time in a declining trend and showing an overall W-shaped movement, hitting a daily low at $61,321.90 at 10:04 (UTC+8); Ethereum fell 2.35%, now reported at $1,769.96.
16:47
Analysis: Bitcoin retests the 200-week moving average, with $60,000 as a key support level
BlockBeats news, on June 5, Bitcoin fell below $64,000 again after the US stock market opened on Thursday, with a weekly decline of 13.5%, marking its worst single-week performance since 2026. BTC earlier dropped to its lowest level since early February and retested the 200-week simple moving average. Trader Daan Crypto Trades stated that BTC continued to decline after experiencing a bearish retest in the low $80,000 range and has been in a larger downtrend since October last year. He believes that the current market focus has shifted to whether the $60,000 level can hold as support, and the low $60,000 region combined with the 200-week moving average will become a key area for bulls to defend. Trading resource The Kobeissi Letter pointed out that since October 2025, the total crypto market capitalization has evaporated by more than $2 trillion. In the short term, commentator Exitpump stated that each rebound in a certain exchange's perpetual contract order book encounters selling orders; whenever buying starts to push up the price, more supply appears above, and currently, sellers still hold control. Trader Rekt Capital stated that on June 13, 2022, BTC touched the 200-week moving average during the bear market pullback; and in the 2026 bear market, BTC almost touched this moving average again on nearly the same date four years later. He considers BTC's cyclical performance to be "incredible."
16:37
Nasdaq's decline narrows to 0.5%, Broadcom drops 14.5%, Google A rises 3.5% against the trend
Glonghui June 5th|The Nasdaq 100 Index has narrowed its decline to 0.5%. Among its constituents, Broadcom is still down by 14.5%, Micron Technology is down 6.1%, Lumentum is down 2.3%, Tesla is down 1.1%, while Google A is up 3.5%, and Marvell Technology/Marvell, Doordash are up 3.9%.
News