Analysts said inflows into US spot Bitcoin ETFs and improving risk appetite have supported the broader rebound in digital assets, lifting Ethereum, Binance Coin, Solana, and XRP alongside Bitcoin
If Bitcoin continues to defend the $67,000-$68,000 band, analysts said it would reinforce the argument that the market is building resilience and could gather momentum above $70,000
It was his most direct public rebuke of the banking lobby on crypto policy, and comes as the administration pushes to establish the US the world's capital for digital assets
Analysts caution that near-term uncertainty persists due to derivatives expiries, macroeconomic risks, and continued correlation with broader risk assets
Strength spilled into the altcoin complex, where Cardano, Solana, BNB, XRP, and Hyperliquid advanced as much as 8 per cent
Globally, investor sentiment has shifted to extreme fear, leading to reduced risk appetite and capital rotation into safer assets such as precious metals, says Gracy Chen, CEO, Bitget
If you are underweight, continue with systematic purchases
Broader market stability, analysts said, is likely to hinge on easing macro headwinds and a rebound in capital flows, conditions that remain elusive in the current environment
The sell-off in crypto markets, analysts said, was driven by global risk-off sentiment following Trump's tariff announcement
India, to truly excel in Web3, Sumit Gupta of CoinDCX said, must move beyond reactive policies and craft regulations that foster innovation, protect consumers, address risks, and provide clarity
A break below support, analysts said, could trigger deeper corrections, while historical trends suggest that sustained levels may pave the way for a short-term relief rally
Commenting on the ongoing volatility in Bitcoin, Eric acknowledged the sharp price swings but remained optimistic about its long-term potential
Glassnode's latest weekly on-chain assessment places Bitcoin well below its estimated 'true market mean' near $79,000
The flagship token briefly slipped below $68,000 before recovering to $68,500, maintaining a sideways range between $65,000 and $70,000 over the past ten days
A strong recovery in Bitcoin above $70,000, analysts believe, could help restore broader market confidence, while failure to hold current supports may trigger another wave of risk-off sentiment
The Government has set up a task force on darknet and cryptocurrency under the multi-agency centre (MAC) to monitor platforms facilitating narco-trafficking, Lok Sabha was informed on Tuesday. In a written response, Minister of State for Home Affairs Nityanand Rai said the Government has taken various steps for inter-agency coordination between the Narcotics Control Bureau (NCB), state anti-narcotics task forces (ANTFs) and border guarding forces to curb cross-border and inter-state drug smuggling. Listing out the steps, Rai said the task force has been set up under the MAC mechanism with a focus on monitoring platforms facilitating narco-trafficking, sharing of inputs on drug smuggling amongst agencies/MAC members, interception of drug networks, continuous capturing of trends, modus operandi and nodes with regular database updates and review of related rules and laws. In addition, a Joint Coordination Committee (JCC) has also been set up at the central and state levels to oversee .
Extreme volatility is nothing new to cryptocurrencies, but Bitcoin's slump from a peak of $126,000 in October last year comes despite the backdrop of a crypto-friendly White House and surging adoption
Crypto markets have remained under pressure since October last year, after Bitcoin scaled its peak and has since been on a declining trajectory
Cryptocurrencies have been on shaky ground ever since a brutal series of liquidations in October that sapped market confidence
Altcoins followed a similar risk-off trajectory. Ethereum, BNB and Solana reflected weaker bid depth during the pullback