News with the tag "MarketTrends"

Bitcoin faces significant resistance at $117,000 and weak support between $113,000 and $108,000, which could define its near-term price trajectory.

The passage of the GENIUS Act has led to a significant increase in the supply of yield-bearing stablecoins USDe and USDS, as investors seek staking rewards in the evolving regulatory landscape.

U.S. spot Bitcoin ETFs have seen $523.29 million in net inflows on July 17, marking the eleventh consecutive day of significant investment, with BlackRock's IBIT leading the inflows, indicating strong institutional interest in Bitcoin.