Analysts believe that the regulatory developments such as the GENIUS Act and Thailand's recent five-year tax exemption policy are shaping a new global crypto landscape
Market analysts suggest that Bitcoin's current consolidation near $107,000 reflects short-term seller control
Bitcoin (BTC), the flagship digital asset, held firmly above the $106,400 level after briefly dipping to $103,200.
Market analysts called the current consolidation healthy and said it indicates investors are waiting for clearer breakout or breakdown signals
Market analysts suggest that the current consolidation of Bitcoin is short-term as investors are awaiting decisive breakout or breakdown signals
Market analysts believe that Bitcoin has recovered after macro concerns about US-European trade tariffs made it retest support around $106,500
A wave of optimism is buoying Bitcoin after the advancement of a key stablecoin bill in the US senate fueled hopes of greater regulatory clarity for crypto operators
Market analysts attribute the rally to a confluence of macroeconomic tailwinds, including easing geopolitical tensions, an improved regulatory environment, and sustained institutional interest
Bitcoin (BTC), despite reclaiming the $107,068 level buoyed by favorable sentiments, has struggled to hold above it and slipped below the $104,000 mark
Bitcoin's consolidation around the $104,000 level, Riya Sehgal, research analyst at Delta Exchange, said, signals a maturing market showing resilience despite a sharp drop in spot ETF inflows
Among other altcoins, Cardano (ADA) was down 4.18 per cent, Solana (SOL) declined 4.08 per cent, Ripple (XRP) fell 2.18 per cent, and Binance Coin (BNB) dropped 1.7 per cent
The $100K mark, analysts said, remains a critical psychological and liquidation level, with over $3.4 billion in long positions exposed to downside risk if selling pressure continues
Notably, Bitcoin is 4.73 per cent lower than its all-time high of $109,114.88, reached nearly four months ago on January 20, 2025
Breaking out of a prolonged consolidation phase, Bitcoin reached the six-figure milestone for the first time since February 2025, fueled by a broad shift in global market sentiment
the US has unveiled a draft crypto bill aimed at redefining digital asset oversight and strengthening investor protection, stating, 'The golden age of digital assets is here.'
Despite the sideways action, Bitcoin dominance has steadily increased to 63.46 per cent, indicating a lower risk appetite among investors
Bader Al Kalooti, MENASAT head of growth & operations at Binance, shares his views on the road ahead for cryptocurrencies, cybersecurity, and compliance issues for crypto exchanges
Bitcoin's market capitalisation stood at $1.88 trillion, the highest among the cryptocurrencies
The world's most popular cryptocurrency, which also has the largest market capitalisation, has a 24-hour trading volume of $31.77 billion
Ethereum (ETH) has officially broken through a key technical resistance, climbing above the $1,800 level