Bitcoin Crash Mentions Spike at $60K as Crypto Rebounds 13%
Social media mentions of crypto “crash” spiked when Bitcoin fell to $60,000 on February 5, causing an immediate price rebound according to Santiment data. Summary Santiment data shows “crash” mentions spiked as Bitcoin hit $60K on Feb. 5. BTC rebounded 13% to $67K as panic selling marked a local bottom. Arthur Hayes links the selloff…
Bitcoin ETFs See $331M Inflows as BTC Recovers Above $70K
Bitcoin ETFs recorded $330.67 million in net inflows on February 6, ending a three-day outflow streak that drained $1.25 billion from products. Summary Bitcoin ETFs recorded $330.7M in inflows on Feb. 6, ending a $1.25B outflow streak. BlackRock’s IBIT led with $231.6M as BTC rallied 6.6% above $70,000. Ethereum ETFs diverged with $21.4M in outflows,…
XRP price forms hammer candle ahead of permissioned DEX launch
XRP price is slowly forming a giant hammer candlestick pattern, pointing to an eventual rebound, as Ripple prepares the launch of its permissioned DEX features to the network. Summary XRP price has dropped in the last five consecutive weeks as the crypto market crash accelerated. Ripple plans to launch its permissioned DEX tool that will…
Crypto is no longer a ‘crude’ word for companies in the UAE
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Once, the word “crypto” might have made UAE executives nervous. Today, it sparks little, if any, fear. Summary Crypto went from taboo to toolkit: In the UAE, digital assets are no longer…
What’s surging Friday? Bitcoin, Litecoin lead the crypto
Friday’s market saw a notable recovery in cryptocurrency prices, with Bitcoin and Litecoin leading the charge. Bitcoin’s bounce from the $60,000 level helped ease fears of a deeper market correction, as it rose nearly 8% to reclaim the $70,000 mark. This surge also supported riskier altcoins like Litecoin, which is up about 8% for the…
Ethereum price hits key support as funding rate falls
Ethereum price continued its strong downward trend this week, reaching its lowest level since May last year. Summary Ethereum price dropped to a crucial support level as the crypto market crash accelerated. Its liquidations jumped to the highest level in months. Ethereum’s weighted funding rate dropped to its October lows. Ethereum (ETH) token dropped to…
XRP price risks drop to 50 cents, single-print candle theory holds
XRP price remains vulnerable to further downside as unresolved single-print imbalances continue to exert technical pressure toward the $0.50 support zone. Summary Value area low has been lost, confirming bearish continuation Single-print imbalance remains unfilled, acting as a downside magnet $0.50 is critical support, where a potential macro pivot may form XRP (XRP) price action…
Solana price risks a dead cat bounce as recent rally lacks volume
Solana’s price has rebounded from key support, but weak volume and heavy overhead resistance raise the risk that the current rally is only a temporary dead cat bounce. Summary $70 high-timeframe support triggered the bounce, but structure remains bearish Price is entering major resistance near $87, with VWAP and Fibonacci confluence Low volume weakens the…
Bitcoin price bounces from multi-year channel support, is the bottom in?
Bitcoin price has rebounded from a critical multi-year channel support near $62,500, raising the question of whether a high-timeframe bottom may be forming. Summary $62,500 marks multi-year channel support, active since March 2021 Confluence with value area high strengthens the bounce, increasing reaction probability Accumulation is required, to confirm a sustainable move toward the channel…
Crypto crash to end soon? Recovery possible, indicators show
The crypto crash accelerated this week, with Bitcoin price plunging to $60,500, its lowest level since October 2024, and the market capitalization of all coins moving to $2.2 trillion. Summary The crypto crash accelerated this week as most coins tumbled. The Fear and Greed Index has fallen to extreme levels. Technical analysis suggests that it…
