Bitcoin Loses $63,000 as Miner Capitulation Extends, Yet Expert Sees Hope at $60,000
Bitcoin recently fell below the $63,000 level, extending its decline and reflecting deepening sell‑side pressure in both spot and derivatives markets. The move has been marked by ongoing miner capitulation and...
1. Pippin (PIPPIN)
Relative strength: Pippin has held its structure while most of the market pulled back, showing resilience and potential breakout behavior.
Technical patterns suggest it may attempt to push above prior highs if market conditions stabilize, making it one of the standout buy...
Current Price Action and Technical Weakness
Recent market data show Bitcoin extending losses and trading below key short-term support levels such as $88,500 and $87,000, with immediate lower support near $86,000 and $85,500. Failure to reclaim these levels suggests bears are gaining control and...
Market Move
The USD/JPY exchange rate has dropped to a fresh low, with the pair slipping below recent support levels as the Japanese yen strengthens against the US dollar. This weakness in the dollar/yen pair reflects both broad dollar selling and growing concerns over potential currency...
AUD/USD: Australian Dollar Weakens on USD Recovery
The Australian dollar has edged lower against the US dollar as the greenback recovers some of its recent losses. This reflects a shift in market sentiment and renewed demand for the USD after a period of weakness. Several factors are influencing...
Price Movement & Context
• The NZD/USD pair climbed about 0.3% to near 0.5975, strengthening as the US dollar underperformed across major currencies early in the Asian session. This reflects broad dollar weakness as markets prepare for the US Federal Reserve’s policy announcement later this...
Bitdeer now leads by managed hashrate
Bitdeer Technologies Group has surpassed MARA Holdings Inc. as the largest Bitcoin mining firm based on total hash rate under management. At the end of December 2025, Bitdeer reported around 71 exahashes per second (EH/s) under management — including...
Main Point — Patience Is the Hard Test
Analysts are telling XRP holders that the *biggest challenge right now isn’t price volatility, it’s time. After XRP’s rally to about $3.4 in early 2025, the token has been consolidating and moving sideways for months. Many investors feel bored or frustrated...
AUD/USD weakened on Tuesday as traders digested the latest U.S. Consumer Price Index (CPI) data, which came in largely in line with expectations but showed core inflation slightly softer than forecasts. This boosted the U.S. dollar and trimmed some of the Aussie’s recent gains.
Why the Aussie...
Gold Market Reaction
• Gold (XAU/USD) slipped below the key $4,600 level after the release of the US Consumer Price Index (CPI) data, which showed inflation cooling but broadly stable. The metal retreated modestly from earlier highs, trading around $4,590–$4,600 as traders weighed the...
Recent Price Action
• Silver hit an **all‑time high of about $89.11 per ounce before pulling back slightly, following a rally supported by soft U.S. inflation data and safe‑haven demand.
• After the peak, momentum indicators such as RSI show divergence, suggesting that buyers are losing steam...
Price Action
EUR/USD has fallen below the 1.1650 level, trading around the mid‑1.16s as the U.S. dollar strengthens amid robust U.S. labor data that has reinforced confidence in the U.S. economy and reduced immediate expectations for aggressive Fed rate cuts. This stronger dollar dynamic is...
Key Trade Data for December 2025 • Exports surged by 6.6 % year‑on‑year in December, outperforming expectations and continuing robust outward shipments.
• Imports also rose, climbing 5.7 % year‑on‑year, indicating broader trade activity beyond just export strength.
• The monthly trade surplus...
Major Trade Outcome
China ended 2025 with a historic trade surplus of nearly $1.2 trillion, far exceeding previous records and beating forecasts despite global trade tensions and renewed U.S. tariffs. This surplus was driven by robust export growth and improved imports, underscoring China’s...
WTI Price Movement WTI has slipped below $61.00 per barrel, retreating from earlier gains as markets reassess fundamental supply‑demand signals. Prices eased after a run of gains was stalled by renewed U.S. crude stockpile builds and the return of Venezuelan oil exports.
Inventory and Supply...
Bitcoin surges on geopolitical risk sentiment
Bitcoin climbed to its highest level in roughly 50 days, rallying above recent resistance levels as escalating tensions between the United States and Iran intensified, boosting demand for risk‑hedge and safe‑haven assets. The price move above $95,000...
Bitchat surges to the top of downloads in Uganda
Bitchat — a decentralized messaging app that works without the internet and uses Bluetooth mesh networking to relay encrypted messages directly between devices — has become the most‑downloaded app in Uganda on both the Apple App Store and Google...
Spot ETF and institutional flows driving the current surge
• Bitcoin has seen a major return of capital into spot Bitcoin ETFs, with recent data showing roughly $1.2 billion in net inflows over a short period, the largest in months. This surge in ETF demand has helped push BTC above the...
Bitmine Immersion Technologies has continued to grow its Ethereum holdings, now reporting about 4.17 million ETH on its balance sheet, which equates to roughly 3.4 % of Ethereum’s circulating supply. The company added 24,266 ETH over the past week as part of its ongoing accumulation strategy...
What triggered the rally
Bakkt Holdings (NYSE: BKKT) announced a definitive agreement to acquire Distributed Technologies Research Ltd. (DTR), a global stablecoin payments and settlement infrastructure provider in an all‑stock deal that sent the stock sharply higher. In response to the news...
Market reaction summary:
• Bitcoin: After the U.S. Department of Justice opened a criminal investigation into Fed Chair Jerome Powell over his congressional testimony on Fed spending, Bitcoin held firm and showed gains in early trading, rising above key thresholds like $90,000–$92,000 as traders...
New Legislation to Protect Crypto Developers
U.S. Senators Cynthia Lummis (R‑WY) and Ron Wyden (D‑OR) have introduced the Blockchain Regulatory Certainty Act, a bipartisan bill that aims to provide clear legal protection for blockchain software developers and infrastructure providers. The key...
NZD/USD – Technical Analysis & Market Outlook
Current Situation: NZD/USD is rising as the US Dollar retreats amid concerns over Federal Reserve independence. The kiwi is benefiting from risk-on sentiment and the temporary USD weakness.
Resistance Levels:
0.5800–0.5820 – immediate resistance...
AUD/USD – Technical Analysis & Market Outlook
Current Situation: AUD/USD is rebounds as the US Dollar weakens amid concerns over Federal Reserve independence. Market participants are adjusting positions ahead of potential policy shifts, boosting risk-sensitive currencies like the Australian...
GBP/JPY – Technical Analysis & Market Outlook
Current Situation: GBP/JPY has broken higher to 213.00, driven by risk-off sentiment, which is weakening the Japanese yen as traders seek safer or higher-yielding currencies. The pound benefits from relative stability and the yen’s continued...
Australia Consumer Confidence – January 2026 Update
Current Situation: The Westpac-Melbourne Institute consumer confidence index slipped to 92.9 in January, down from 94.5 previously. The decline reflects rising concerns over interest rates, as households adjust expectations for tighter...
UK Consumer Spending – December 2025 Update
Current Situation: UK consumer spending slumped in December, reflecting a continued trend of household caution. Rising living costs, inflation pressures, and uncertainty over economic growth have constrained discretionary spending.
Economic...
GBP/USD Technical Analysis & Forecast
Current Situation: GBP/USD is holding steady around 1.3475, as traders are cautious ahead of the upcoming US CPI report. The market is awaiting inflation data, which could influence Fed policy expectations and impact USD strength.
Resistance Levels...
AUD/USD Technical Analysis & Forecast
Current Situation: AUD/USD has lost recent gains as the US Dollar strengthens ahead of key U.S. CPI data. The market is positioning for potential volatility, with traders expecting the CPI to influence Fed policy expectations.
Resistance Levels...
USD/CAD Technical Analysis & Forecast
Current Situation: USD/CAD is holding losses below 1.3900, as a rebound in oil prices strengthens the Canadian dollar. Oil is a key driver for CAD due to Canada’s large energy exports, and higher crude prices are boosting demand for CAD.
Resistance Levels...
Summary of developments
• Bitcoin rallied above $90,000–$92,000 after news of a potential DOJ criminal investigation into Fed Chair Jerome Powell — a story that has added macro uncertainty and drawn risk assets into focus.
• Despite this move, BTC has struggled to sustain clear upside momentum...
📉 Price Action: Holding Above the $2 Level
XRP is stabilizing above the key psychological level of ~$2.00, trading near about $2.05 after a recent period of selling pressure.
Buyers appear to be defending this zone rather than capitulating, preventing a free fall below this support.
📊 Volume...
📊 Crypto Market at Asia Open
Bitcoin (BTC) has held around the ~$91,000 level early in the session, with moderate downside pressure as traders weigh macro and earnings data for cues.
BTC: ~$91,000, slightly down as risk sentiment flutters.
Ethereum (ETH): near ~$3,090.
XRP, Solana, Dogecoin...
1. ECB holds rates steady, supporting the euro
EUR/CAD rallied past **1.6200–1.6250 during trading as markets reacted to the ECB’s decision to leave interest rates unchanged, endorsing a data‑dependent, wait‑and‑see approach rather than cutting or hiking immediately. This steady stance — in line...
1. Euro could benefit if Fed risk fades
ING notes that the euro could outperform if political risks around the U.S. Federal Reserve’s independence are priced out of markets. With limited euro-zone data and muted European Central Bank messaging this week, a reduction in Fed-related risk premia...
1. U.S. labor data supports the dollar
• USD/CAD has climbed toward the 1.39 area as the U.S. dollar firmed following mixed but resilient U.S. employment figures, including stronger-than-expected wage growth and a lower unemployment rate. This backdrop reinforces expectations that the Federal...
Pair drifts lower on firm dollar and soft Aussie data
AUD/USD has been trading around 0.6680 and weaker, extending recent losses as the U.S. dollar gains broad support following mixed but resilient U.S. labour data and disappointing Australian inflation readings.
U.S. labour data boosts the...
Pair steadies near recent highs on mixed Canada jobs data
GBP/CAD stayed relatively flat, trading around ~1.8636, as markets showed a muted response to Canada’s December employment figures that were neither clearly strong nor weak. This left the pair without a strong directional catalyst.
What...
EUR/USD Weekly Overview
Closing level: ~1.1640
Weekly change: -0.7%, marking a decline versus the U.S. dollar
Trend: Dollar strength dominated the pair, pushing the euro lower despite limited euro‑zone data releases.
Key drivers of the week’s move
U.S. dollar strength
Safe-haven flows...
France’s 2026 budget at risk amid political instability
France is facing renewed political turmoil that threatens its 2026 budget process and government stability. Budget Minister Amélie de Montchalin warned that if confidence votes next week topple the government, the 2026 finance bill could be...
Monero Surges Past $500
Monero’s price has surpassed the $500 mark — the first time since its all‑time high in May 2021 — briefly reaching around $500.66 after climbing roughly 6% in a day and about 20% over the past week. This places XMR close to its historic peak near $517.50.
Why the Rally...
What’s happening:
Coinbase Global Inc. is escalating pressure on U.S. lawmakers as a digital‑asset market‑structure bill — widely expected to reach Senate committee markup this Thursday — nears formal consideration. The company is pushing to preserve its ability to offer rewards to customers...
USD/JPY climbs above 158.00 on yen weakness
The USD/JPY currency pair has risen to around 158.05 during early Asian trading, reflecting continued weakness in the Japanese yen against the U.S. dollar. This move takes the pair above the 158.00 mark, a level not seen recently, as risk sentiment and...
Cable rebounds after testing a key technical level
GBP/USD attracted buyers near the 200‑day simple moving average, helping the pair recover modestly from its recent slide that marked a nearly three‑week low. The rebound has lifted prices toward the mid‑1.3400s as sellers cover positions and...
Broad US dollar weakness hits USD/CAD — The USD/CAD pair has slid below 1.3900, breaking a nine‑day winning streak and dipping under its 200‑day simple moving average as the U.S. dollar weakens broadly. This reflects selling pressure on the greenback rather than strengthening Canadian...