Analysts warn that bitcoin’s prolonged failure to break above its current range is tilting the technical outlook toward the bears.
ETH, SOL, XRP extend losses as AI scare trade unsettles risk markets
Analysts warn that bitcoin's prolonged failure to break above its current range is tilting the technical outlook toward the bears.
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Bettors predict it will last longer than Oct. 15, but won't break the record set by the first Trump administration in 2018-2019.
The firm is liquidating its ARK 21Shares Active On-Chain Bitcoin Strategy ETF and ARK 21Shares Active Bitcoin Ethereum Strategy ETF amid the downturn.
Market watchers believe a clampdown on the U.S. Securities and Exchange Commission could turn out bullish for tokens previously targeted by the agency.
The recent price rally is likely tied to a broader market trend, with growing expectations of a Federal Reserve interest rate cut in September.