News & market intelligence · Limited Beta
CoinsAQ combines concise summaries, sentiment, affected assets, and related context while preserving publisher attribution and original source links.
Market intelligence, not financial advice. Coverage and freshness vary.
Sellers have pulled Bitcoin back below the $79,000 level, but buying may emerge as the price nears the $76,000 support. Bitcoin’s (BTC) recovery above $82,000 on Thursday was short-lived, as bears sold at higher levels and pulled the price back to the $79,000 level. Glassnode.
The CPI announcement in the US yesterday showcased increasing inflation likely due to the war against Iran, and BTC dipped to under $80,000, but it managed to rebound almost immediately. Binance Coin has surpassed XRP once again in terms of market cap after a 2.5% increase,.
Bitcoin’s price rebounded impressively from the dip to $79,000 on Friday and, although the volatility has remained mostly muted, it managed to climb gradually to $81,000 yesterday. Most altcoins have turned red on a daily scale after the Saturday gains, but ETH, XRP, and BNB.
Bitcoin’s price ascent that began after the FOMC meeting last week drove the asset to a multi-month peak at almost $83,000 before it was stopped and pushed south by a couple of grand. Most larger-cap alts have declined by up to 3-4% over the past day, except BNB, SOL, and ADA..
Bitcoin sellers may show up if BTC hits $84,000, but altcoin charts continue to predict new price highs. Bitcoin (BTC) rallied above $82,800 on Wednesday, but bulls were unable to hold the higher levels. However, a positive sign for the bulls is that BTC exchange-traded funds.
The cryptocurrency market continued its upward move, and Zcash (ZEC) is the best-performing top-100 digital asset today (May 6). The massive resurgence has reignited bullish sentiment among analysts, with some eyeing an explosion to a potential all-time high in the short term..
The world’s largest crypto exchange unveiled important news affecting its user base in India, Ukraine, Mexico, and other countries. At the same time, it introduced new perpetual contracts and said it will remove certain trading pairs that no longer meet the necessary criteria..
