ETH Drops 8% in Flash Crash, Recovers After Buyers Step In
Ethereum (ETH) experienced a sharp flash crash during the 21:00 hour on June 21, falling 7.56% from $2,406 to $2,224, according to CoinDesk Research’s technical analysis model. The sudden price drop triggered heavy trading activity, with more than 751,000 ETH changing hands—nearly five times the average hourly volume. Despite...
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Bitcoin On-Chain Metrics Crash To Bear Market Levels Despite Price Sitting Close To ATH
Bitcoin’s price action is still above the $100,000 threshold and within striking distance of its all-time high at $111,700, but its on-chain activity tells a completely different story. According to the latest report from on-chain analytics firm Glassnode, even though Bitcoin’s price is pushing to new heights, underlying blockchain...
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Despite Stablecoin Boom, PayPal’s PYUSD and SocGen’s EURCV Struggle to Gain Traction
While the fiat-backed stablecoin market surged over 76% from 2024 to 2025, adding more than $97 billion in value to reach a record $224.9 billion, not all entrants participated equally in the rally. The overwhelming majority of growth came from USDT and USDC, which together account for 93.5% of...
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The Probability of Iran Blocking Strait of Hormuz Surges to 52% On Polymarket After Trump’s Air Strikes on Iran’s Nuclear Facility
The probability of Iran’s leadership blocking the Strait of Hormuz for shipping has increased following the U.S. airstrikes on Iran’s nuclear facilities. At press time, shares of the Yes side of the Polymarket-listed contract “Will Iran Close the Strait of Hormuz before June 30 traded at 40 cents, representing...
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Bitcoin Price Pattern Hints At $100,000 Target – Here’s Why
According to data from CoinMarketCap, Bitcoin (BTC) dipped by 1.12% in the past day drawing prices into the $103,000 region. Notably, this slight decline underscored another uneventful week in which Bitcoin failed to hold any convincing price breakout amidst an extended corrective phase. Interestingly, a popular market analyst with...
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Bitcoin In The Waiting Room – Low Volume, Neutral RSI, And A Dash Of Indecision
Bitcoin appears to be taking a breather, hovering just below key short-term moving averages and offering little in the way of strong directional cues. With price action caught in a narrow range and momentum indicators stuck in neutral, the market seems to be in observation mode. Volume has thinned...
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Bitcoin Price Drops to $101K, Where’s the Bottom?
The cryptocurrency markets continue bleeding out, with Bitcoin dropping to as low as $101,000 earlier today. At the time of this writing, BTC recovered slightly and trades above $102,000 but analysts are scraping for answers and looking for the local bottom. Source: TradingView As seen from the 1-hour chart,...
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XRP Builds Pressure Below $3 As RSI Breakdown Signals Imminent Move – Analyst
XRP prices recorded an overall 1.26% loss in the past week amidst a crypto market struggling to re-establish a bullish trajectory. After reaching a local price peak of $2.58 on May 15, XRP has witnessed an extensive correction forcing prices to around $2.06. Interestingly, prominent market expert with X...
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South Korea’s Crypto Push: Bitcoin ETFs Headed For Approval In 2025
South Korean regulators are gearing up for a big shift: spot Bitcoin and other crypto ETFs could hit the market by the second half of 2025. According to reports, the Financial Services Commission has sent a roadmap to the Presidential Committee on State Affairs Planning outlining new rules and...
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Trump announces US airstrikes on Iranian nuclear sites, Bitcoin dumps, then pumps
The airstrikes heighten geopolitical tensions, potentially destabilizing the region and impacting global markets and cryptocurrency volatility. The post Trump announces US airstrikes on Iranian nuclear sites, Bitcoin dumps, then pumps appeared first on Crypto Briefing....
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