Bitcoin’s recent price momentum has encountered a pause following the latest US Consumer Price Index (CPI) release, which showed inflation rising to 2.7% in June. The inflation increase appears to have affected investor sentiment. After reaching a new high above $123,000 on Monday, Bitcoin has since declined by roughly 5.4% from that peak, with its…
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Bitcoin Sees Negative Funding On Binance – A Classic Setup For A Short Squeeze?
As political tensions between US President Donald Trump and Elon Musk escalated yesterday, the Bitcoin (BTC) market experienced a sharp shift in sentiment, with the funding rate on Binance flipping from positive to negative within hours. Bitcoin Funding Rates Turn Negative On Binance According to a CryptoQuant Quicktake post by contributor Darkfost, BTC funding rates…
Trump Token Mania: Over 6,000% Pump Or Classic Solana Trap?
According to blockchain data, a new Solana token named Eric Trump shot up 6,200% in just 24 hours. It sprang to life on May 16 via the Pump.fun launchpad and swelled to a market cap of 140 million. Traders piled in fast, but on‑chain detectives noticed more than 80% of the supply parked in just…
SuperTrend Analysis: Dogecoin May Enter Bullish Territory If It Surpasses $0.21
Dogecoin (DOGE), the leading memecoin in the cryptocurrency market, is showing signs of a potential bullish trend following a significant 16% price recovery. Analysts suggest that for Dogecoin to solidify this upward momentum, it must surpass a crucial resistance level. Dogecoin Eyes New Bullish Trend Amid Market Recovery The recent price movements of Dogecoin have…
Solana Faces Double Trouble: 55% Network Drop And Price Woes
SOL, the native token of the Solana network, is one of the worst-performing cryptos in recent days. Once the darling of the meme coin crowd, the popular blockchain is facing its toughest test yet with its massive price drop and dip in network activity. SOL is currently trading at $173, but it’s down nearly 10%…
Is Bitcoin Showing Early Signs Of Bullish Divergence? Analyst Explains
According to a recent post on X by crypto analyst Rekt Capital, Bitcoin (BTC) may finally be showing early signs of bullish divergence. If this pattern plays out, BTC could target the $101,000 level as its first milestone before moving higher. Bitcoin Showing Signs Of Bullish Divergence? Analyst Weighs In Since the beginning of February,…
