Bitcoin is setting up 'meaningful floors' in $60K–$70K range: Analyst

Bitcoin’s $60,000–$70,000 cost-basis cluster hints at a bottom, but a bearish daily flag keeps BTC exposed to a deeper selloff toward $50,000. Source: Cointelegraph

Bitcoin’s $60,000–$70,000 cost-basis cluster hints at a bottom, but a bearish daily flag keeps BTC exposed to a deeper selloff toward $50,000. Source: Cointelegraph

Bitcoin approached important near-term support on new Fed Chair Kevin Warsh’s first FOMC day with a $55,000 BTC price target still on the table. Source: Cointelegraph

Hyperliquid’s $10 billion open interest milestone shows growing demand for onchain equities and commodities trading with 24/7 accessibility, according to Talos. Source: Cointelegraph

BitGo launches a MiCA-compliant crypto infrastructure platform in Europe as exchanges face pressure to meet July 1 licensing rules across the EU. Source: Cointelegraph

The US could soon temporarily ban a central bank digital currency, as House and Senate leaders came to a deal on the 21st Century Road to Housing Act. Source: Cointelegraph

“It appears traders are seeing the latest BTC acquisition as an unsustainable path for STRC,” said 10x Research’s Markus Thielen. Source: Cointelegraph

“There is effectively no comparable state financial transaction tax on stocks, bonds or derivatives anywhere in the country,” said a16z general counsel Miles Jennings. Source: Cointelegraph

Despite mixed HYPE derivatives market signals, Hyperliquid’s explosive TradFi perpetual growth makes a push toward $80 increasingly realistic. Source: Cointelegraph

A bipartisan group of US senators told the Treasury that its application of stablecoin laws should be done in a way that “preserves and promotes State participation.” Source: Cointelegraph

Despite Bitcoin derivatives data highlight traders’ skepticism even though BTC briefly rallied above $67,000. Are bulls stepping into a trap? Source: Cointelegraph