Traders brace for fireworks in July thanks to macro triggers while BTC price action is on track for a historic monthly close below the 200-week moving average.
Although Bitcoin is struggling to form a bottom, altcoins are on a roll and the current price action could benefit UNI, XLM, THETA and HNT.
Bitcoin bulls still have a battle on their hands in low-volume weekend trading, analysis warns, while altcoins preserve multi-week record gains.
Witnessing the crypto crashes over the past several weeks from a front-row seat, Bitpanda made the “tough decision” of cutting down its employee headcount to roughly 730 people.
A handful of on-chain metrics suggest that Bitcoin could be close to bottoming, and if true, the eventual relief rally could induce sharp gains from altcoins.
The 200-week moving average is back on the menu for BTC/USD, but altcoins are shining as the week ends.
A state-backed digital currency like the U.S. dollar doesn’t necessarily have to be a competitor to a decentralized cryptocurrency, one industry exec believes.