Bitcoin is holding $74,000 as markets await the upcoming Clarity Act roundtable.
| Cryptocurrency | Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $74,261.53 |
| Ethereum | (CRYPTO: ETH) | $2,352.35 |
| Solana | (CRYPTO: SOL) | $84.89 |
| XRP | (CRYPTO: XRP) | $1.38 |
| Dogecoin | (CRYPTO: DOGE) | $0.09492 |
| Shiba Inu | (CRYPTO: SHIB) | $0.055926 |
Notable Statistics:
- Coinglass data shows 106,868 traders were liquidated in the past 24 hours for $212.62 million.
- SoSoValue data shows net inflows of $411.5 million from spot Bitcoin ETFs on Tuesday. Spot Ethereum ETFs saw net inflows of $53 million.
- In the past 24 hours, top gainers include Siren, DeXe and Chiliz.
Notable Developments:
- Can A Generational Wealth Shift Unlock $2.2 Trillion In Crypto Demand?
- Bitcoin’s Underperformance Against Gold May Be A ‘Buy The Dip’ Case, Analyst Says
- Bitcoin Meets Income: Goldman Sachs Files For Yield-Boosted ETF
- Bitcoin Faces ‘100% Debt Trap’ Tailwind As IMF Warns Of Global Debt Surge
- Ripple Partnership With Kyobo Brings Government Bonds On-Chain In Korea
- Why Bitcoin Has Outperformed Gold By 22 Percentage Points During The Iran Conflict
- Bitmine Holds $20 Support After $3.8B Loss—Is A Bottom Finally Forming?
- XRP Eyes $2 As ETF Inflows Hit Biggest Level In 2 Months: What’s Going On?
Trader Notes:
Crypto trader Jelle advised waiting for confirmation before entering positions, either through a clear price setup or a strong RSI higher low. His view: avoid forcing trades and let the market provide a signal.
Titan of Crypto noted that momentum indicators are weakening, suggesting potential seller exhaustion. While this could hint at early bottoming behavior, he said there is no confirmed uptrend, with more ranging or even lower lows still possible.
According to CryptoCon, the current drawdown, around 41% from the peak, is the mildest compared to previous Bitcoin bear markets. However, he cautioned that price action still closely resembles past cycles.
If historical patterns repeat, Bitcoin could enter a so-called "unification zone" between June and September, where prices may drift lower toward the $45,000–$35,000 range, with a possibility of a final capitulation phase.
Image: Shutterstock
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