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Bitcoin Cracks $64,000 Ethereum Rises 1% as XRP, Dogecoin Hold Steady
By Exbasi Intelligence
Sourced from Benzinga
Bitcoin climbed above $64,000 on Monday as markets watch the expiration of the 60-day U.S.-Iran truce.CryptocurrencyTickerPriceBitcoin$64,247.37Ethereum$1,907.49Solana$75.88XRP$1.00Dogecoin$0.07033Shiba Inu(CRYPTO: SHIB)$0.054467Notable Statistics:Coinglass data shows 61,780 traders were liquidated in the past 24 hours for $196.26 million. SoSoValue data shows net outflows of $57.6 million from spot Bitcoin ETFs on Friday. Spot Ethereum ETFs did not report any net inflows or outflows.In the past 24 hours, top gainers include Pump.fun, Morpho and Beldex.Notable Developments:Bitcoin Stuck Around $63,000 but Volatility Is Coming, Analyst WarnsBitcoin ETFs See Largest Outflow in Six Weeks: What’s Going On?Strategy’s Bitcoin Drought Hits 7 Weeks as Saylor Skips His Sunday RitualBMNR Jumps 4% as Bitmine Buys 9,926 More ETH: What’s Going On?Crypto Billionaire Changpeng Zhao Estimates 2-4 Million Bitcoin Gone Forever, Calls BTC a ‘Deflationary Asset’XRP Tests $1 For 8 Days in a Row: Which Way Does It Break?Trader Notes:Trader Dom highlighted that Bitcoin’s realized volatility fell to 6.2% annualized on Sunday, its lowest level in 12 months, reflecting months of subdued price action.He expects volatility to pick up soon, with $67,000 range resistance the key level to watch—a breakout above it would mark a bullish shift.CryptosBatman noted that Bitcoin is reclaiming the 200 EMA near $64,000, with descending trendline resistance at $64,500 to $65,000.A clean break above $65,000 would strengthen the bullish case, but an overbought Stoch RSI signals near-term caution, with rejection potentially sending BTC back toward $62,500 to $63,000 support.Altcoin Sherpa said Bitcoin still looks resilient, with $62,000 remaining a key support level. He sees a bounce as more likely than a sharp breakdown for now, but still expects BTC to eventually fall below $60,000, though the timing remains uncertain.Image: Shutterstock