Bitcoin continues to trade above the critical $100,000 level, showing resilience despite facing resistance near $110,000. Bulls remain in control of the broader trend, but momentum appears to be slowing as macroeconomic tensions intensify. Ongoing global uncertainties, including tariff disputes and bond market volatility, have introduced a new wave of caution across risk-on assets. While Bitcoin’s price action remains strong on the surface, undercurrents in on-chain activity reveal a more cautious tone. According to CryptoQuant, retail demand—measured by on-chain transactions involving up to $10,000—has declined by approximately 2.45% over the last 30 days. This drop suggests that smaller investors have not yet entered the market with the enthusiasm typically seen during euphoric phases of a bull run. Although many retail participants may now be opting for indirect exposure through ETFs or institutional products, the lack of aggressive retail inflows on-chain is a notable signal. For now, the market structure remains healthy, but a stronger wave of demand from smaller investors may be needed to fuel a sustainable push above all-time highs . Until then, Bitcoin may continue consolidating near current levels while awaiting a decisive breakout catalyst. Bitcoin Faces A Crucial Test As Retail Demand Lags Behind Bitcoin is now trading at a critical juncture. After reaching an all-time high of $112,000, bulls are fighting to reclaim upward momentum, while bears have yet to trigger a meaningful retrace. The price remains above $105,000, a strong sign of resilience amid growing macroeconomic volatility. Global tensions—particularly the ongoing U.S.-China tariff standoff and rising bond yields—continue to shake markets and keep investors cautious. Despite Bitcoin’s strength, sentiment remains divided. Many analysts point to the uncertain bond market and systemic risks as key drivers of both opportunity and concern. While institutional flows and ETF activity offer some support, on-chain data suggests the market is far from euphoric. CryptoQuant data reveals a 2.45% decline in retail demand over the past 30 days, measured by BTC transactions of $10,000 or less. This metric reflects smaller investor behavior, and its downtrend implies that the retail crowd has not yet jumped in with full confidence. While some of this capital may now flow through ETFs and custodial platforms, the lack of strong on-chain signals from retail traders tempers immediate bullish expectations. However, this may not be entirely negative. The absence of retail euphoria could mean the current structure has room to grow, with the potential for another wave of sustainable upside, if demand returns. For now, Bitcoin holds its ground, but the next move will depend heavily on external catalysts and broader market sentiment. BTC Technical Analysis: Price Stays Range-Bound Bitcoin is trading around $105,700, holding above the key support at $103,600 after bouncing off this level multiple times. This area continues to act as a solid demand zone, offering a base for potential upside if momentum builds. On the 4-hour chart, BTC remains range-bound between $103,600 and $109,300, with sideways movement dominating price action since the May rejection at all-time highs. The 34 EMA is providing short-term dynamic support near $105,600, while the 100 and 200 SMAs sit slightly above and below the current price, compressing BTC within a tight structure. This suggests that a decisive move may be nearing. If Bitcoin breaks and closes above $106,900, the next key resistance at $109,300 could be tested again, with potential to extend higher. However, a close below $103,600 would break the bullish structure and open the door for further downside, possibly toward the $100,000 psychological level. Volume has remained low, which highlights market indecision, with participants waiting for a macro or technical catalyst. Featured image from Dall-E, chart from TradingView
Crypto headlines this week have centred around Monero (XMR) and PEPE. Monero is pushing toward $420 after a strong support bounce, while PEPE is feeding on social media-driven hype and meme energy. These two sit on opposite ends: Monero is rooted in privacy, and PEPE is rooted in speculation. Yet behind the noise, BlockDAG is steadily moving forward. Currently in Batch 28 and priced at $0.0018, BlockDAG (BDAG) has already raised over $285 million. More than 21.9 billion coins have been sold, and over 17,811 miners have been purchased, generating $7.1 million in sales. Unlike high-volatility coins, BlockDAG is gaining ground through structure and planning. The presale price is frozen until June 13, giving early participants a chance to buy in before the next surge. As others rely on emotion or headlines, BlockDAG continues to build quietly and effectively. Monero Nears $420 but Faces Pushback Monero (XMR) is back in the spotlight after jumping 11.5% this week, recovering from key support near $162. Traders are now watching the $420 level closely. If Monero breaks above it with volume, more gains may follow. However, Monero’s strengths also bring limits. Its strong focus on private transactions keeps it attractive to privacy advocates, but that same feature restricts its adoption. With global markets tightening rules, coins like XMR face more pressure. Listing and liquidity issues remain, and governments closely watch privacy coins. While the price may climb quickly, Monero’s real test lies in use case expansion and broader access. PEPE’s $1 Dream Faces Harsh Math PEPE’s rise in 2024 continues to grab attention, driven by bold predictions and meme appeal. Calls for $1 per coin are spreading, even though such a target would require a market cap exceeding $420 trillion, far beyond global GDP. Since its earlier 2024 dip, PEPE has bounced back more than 600%, thanks to viral posts and new listings. Its meme nature draws in traders hoping for quick gains, often ignoring the math or structure behind it. The coin’s biggest strength, hype, is also its biggest risk. Prices can soar, but they also crash just as fast. PEPE’s long-term value remains uncertain without a clear system or real-world application. BlockDAG’s $0.0018 Price Entry Window is Closing Soon While Monero and PEPE chase the spotlight, BlockDAG is focused on results. Now in Batch 28 and priced at $0.0018, BlockDAG has raised over $285 million and sold 21.9 billion coins. Over 17,811 miners have already been bought, with miner sales exceeding $7.1 million. This stage of presale locks the price until June 13. BlockDAG uses a Directed Acyclic Graph (DAG) model instead of a standard blockchain, allowing multiple transactions to run simultaneously. This helps solve congestion issues and increases speed and scalability, two things many older projects still struggle with. It’s built for high-volume tasks like payments, apps, and business systems. Unlike coins that peak right after listing, BlockDAG gains value before hitting exchanges. Its ROI from Batch 1 to 28 has reached 2520%, showing strong market trust. The tiered presale structure rewards early backers and keeps capital flow steady. BlockDAG isn’t riding trends, it’s solving problems. While other projects rely on buzz, this one is gaining traction through planning and performance. It stands apart not because of noise, but because of numbers. The price frozen until June 13 may not stay at $0.0018 much longer. As the project progresses, it’s shaping into one of the most grounded plays in today’s crypto world. Closing Thoughts BlockDAG is quietly but firmly building a future. Monero still depends on its niche privacy appeal. PEPE lives on crowd energy and bold but shaky targets. BlockDAG, though, focuses on tools, speed, and structure. At $0.0018 until June 13, with over $285 million already raised, it’s already leaving a mark. It may not lead today’s headlines, but could lead tomorrow’s platforms. For those watching closely, this presale window might just be the last low entry point before the market catches on. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu The post As PEPE Chases $1 and Monero Hits Resistance, BlockDAG’s Limited-Time Entry Price $0.0018 Gains Momentum appeared first on TheCoinrise.com .
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Bitcoin (BTC) is attempting to reclaim a crucial level as support, which could propel its price to its local range high. A market watcher suggests that this week’s performance could set the tone for the rest of the month. Related Reading: Monero (XMR) Jumps 11.5% Amid Crucial Support Retest – Analyst Eyes $420 Resistance Bitcoin Retest Eyes Massive Rally After losing the $106,800 level last week, Bitcoin has been trying to reclaim this crucial area as support. This recently lost level served as a key support for BTC following its rally to a new all-time high (ATH), with its price hovering between $106,800 and $109,700 before the market retracement. However, the flagship crypto dropped over 8% from its $111,980 high amid last week’s pullback, hitting a 10-day low near the $102,000 support over the weekend. This week, BTC has recovered the $105,000 range and surged above the $106,500 mark before being rejected from the crucial horizontal level on Tuesday morning. Despite the recent performance, Bitcoin recorded its highest monthly close in history, after ending May at $104,591, and remains within its local range between $103,000 and $110,000. Analyst Crypto Jelle noted that as the cryptocurrency tries to reclaim the $105,000-$106,000 area, the 1.618 Fibonacci level suggests the next target sits around the $130,000 barrier. Moreover, he highlighted Bitcoin’s performance this cycle, pointing out that it is displaying a similar performance to its Q4 2024 rally. Notably, the cryptocurrency recorded a trend breakout, followed by a “post-breakout chop” before surging to new highs. Jelle suggested that Bitcoin is in the second stage, after recently breaking out of its early 2025 downtrend line. He also affirmed that Bitcoin’s Power of 3 (Po3) setup is “still in play” despite the rally pause, targeting the $140,000-$150,000 level during the formation’s price expansion phase. Based on this formation, the cryptocurrency only has “one last speed bump,” reclaiming the previous ATH levels, before surging to a new high. BTC’s Direction To Be Determined Soon? Market watcher Daan Crypto Trades affirmed that the cryptocurrency will likely have an “interesting” week and month ahead, as its sideways move has allowed for “a ton of positions that have built up on both sides.” According to the trader, this suggests there will be “a lot of fuel when price starts trending and breaks out of this local consolidation.” Previously, he asserted that BTC tends to set the monthly high or low during the first week of the month, followed by a reversal in the other direction and a trend continuation until the new month. Related Reading: Bitcoin Maxi Max Keiser Isn’t Buying The Hype Around New Crypto Holding Companies Based on this, he considers that if Bitcoin doesn’t hold the current levels in the coming days, it could drop below the $100,000 mark, near the $98,000 support zone, before bouncing. On the contrary, a significant price jump this week could indicate a price retest of the range lows during the rest of the month. As of this writing, Bitcoin trades at $105,889, a 1% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
The post ChatGPT Makes a Bold Technical Prediction on Q4’s Future Crypto Leaders (Spoiler: No XRP or Cardano Here) appeared first on Coinpedia Fintech News An unexpected forecast from a prominent AI language model points to new leaders emerging in the crypto market this quarter. Notably absent are some of the usual heavyweights, hinting at a shift in the digital currency landscape. This bold prediction might reveal surprising assets set to outperform, sparking curiosity about which tokens are poised for growth. $XYZ Unlocks the G.O.A.T. Status, Early Investors Positioned for Massive ROI XYZVerse ($XYZ) has brought a brand-new concept to the memecoin niche by blending the excitement of sports with the fast-moving energy of crypto. Designed for hardcore fans of football, basketball, MMA, and esports, this project goes beyond just being another token—it’s a growing community built around passion for the game. With the bold Greatest of All Time (G.O.A.T.) vision, XYZVerse is aiming higher than the average meme coin. And people are taking notice—it has recently earned the title of Best New Meme Project. What sets $XYZ apart? It’s not a short-lived trend. This project has a clear roadmap and a dedicated community focused on long-term growth. Fueled by the sports mentality , the $XYZ token has emerged as the ultimate contender ready to crush competitors. $XYZ is on its way to the winner’s podium to become a badge of honor for those who live and breathe sports and crypto. $XYZ Already Delivers Even Before Hitting the Market The $XYZ presale is underway, providing access to the token at a special pre-listing price. Launch Price : $0.0001 Price Now : $0.003333 Next Stage : $0.005 Final Presale Price : $0.02 Following the presale, the $XYZ token will be listed on major centralized and decentralized exchanges, with a target listing price of $0.10. If the project raises enough capital to support this valuation, early investors could see returns of up to 1,000x on their presale entries. So far, over $13 million has been invested, reflecting strong market interest. Notably, securing tokens at a lower presale price offers the potential for higher ROI upon launch. Demand for $XYZ is surging, driving rapid progress in the presale. Early buyers secure the lowest prices, maximizing their potential returns. Join $XYZ Presale Now and See Your Pennies Grow Into Millions! Understanding SOL: Solana’s Scalable Blockchain Cryptocurrency Solana is a blockchain platform designed to enhance scalability for decentralized applications (dapps). Competing with networks like Ethereum and Cardano, it focuses on faster transactions and offers flexible development options across multiple programming languages. Solana’s architecture aims to handle a high volume of activity without relying on sharding or second-layer solutions. SOL, the platform’s native cryptocurrency, is central to this ecosystem. It facilitates transactions, powers custom programs, and rewards those who support the network. The potential of SOL and the Solana technology lies in their emphasis on speed and scalability. By addressing common bottlenecks in blockchain performance, Solana seeks to attract developers and users interested in efficient decentralized solutions. In the current market cycle, SOL’s appeal depends on its continued adoption and the network’s ability to maintain high-capacity operations. Its unique approach to scalability may position it favorably among other cryptocurrencies, making it a noteworthy option in the evolving blockchain landscape. Monero: Advancing Anonymous and Private Transactions Since 2014 Monero (XMR), launched in 2014, is a cryptocurrency designed to enable private and anonymous transactions. Unlike Bitcoin, where transactions can often be traced due to blockchain transparency, Monero uses advanced cryptography to obscure the identities of senders and recipients. This emphasis on privacy ensures that users can transact without revealing their financial activities to others. The potential of Monero lies in its commitment to privacy and security, making it appealing to those who value anonymity. Its technology aims to protect users regardless of their technical expertise, offering quick and inexpensive payments without censorship. In the current market cycle, Monero continues to serve a unique role among cryptocurrencies by addressing concerns over transaction traceability. Render Token (RENDER): Decentralized GPU Rendering for Digital Creators Render Token (RENDER) is the utility token of The Render Network, a platform that provides decentralized GPU-based rendering solutions. The network connects creators who need rendering services with node operators who have spare GPU capacity. By leveraging a distributed network of GPUs, it allows for more efficient and cost-effective rendering of complex digital content such as animations, motion graphics, and visual effects. The technology aims to address the high costs and inefficiencies associated with traditional rendering methods. By decentralizing the rendering process, it provides access to powerful GPU resources on a global scale. This approach can benefit artists and studios that require significant computational power for their projects. In the current market cycle, the focus on decentralized solutions and the increasing demand for high-quality digital content highlight the relevance of Render Token in the GPU rendering space. Kaspa: A High-Speed Proof-of-Work Cryptocurrency with BlockDAG Kaspa is a proof-of-work cryptocurrency that uses the GHOSTDAG protocol. Unlike traditional blockchains that may discard or “orphan” blocks created simultaneously, GHOSTDAG allows these blocks to coexist and orders them in consensus. This means that Kaspa’s blockchain is a blockDAG (Directed Acyclic Graph), not a linear chain. This design allows for secure operation while achieving very high block rates, currently 1 block per second, with goals of reaching 10 blocks per second and even 100 blocks per second in the future. Confirmation times are very short, limited mainly by internet latency. Kaspa’s implementation includes features like Reachability, which helps in querying the network’s structure, and block data pruning to reduce storage requirements. There are plans for block header pruning and support for simplified payment verification proofs. Future subnetwork support is expected to make the development of layer 2 solutions easier. These technological advancements aim to enhance scalability and efficiency. In the current market cycle, Kaspa’s focus on improving transaction speed and network scalability addresses important challenges in the cryptocurrency space, which may attract interest from users and developers. Conclusion While SOL, XMR, RENDER, and KAS are promising, XYZVerse (XYZ) stands out by uniting sports fans in a community-driven memecoin aiming for massive growth. You can find more information about XYZVerse (XYZ) here: Website: https://xyzverse.io/ Telegram: https://t.me/xyzverse Twitter: https://x.com/xyz_verse
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Leading privacy-focused cryptocurrency monero (XMR) has outperformed bitcoin BTC this year, and the trend is likely to continue in the coming weeks. That's the message from the XMR-BTC ratio trading on Poloniex. The ratio representing XMR's bitcoin-denominated price recently rose to the highest since January 2024, confirming a "double-bottom" breakout on the weekly time frame. The double bottom comprises two consecutive peaks with lows at about the same price, representing an exhaustion of the preceding downtrend. It also includes a horizontal line, called the neckline resistance, drawn connecting the temporary recovery between the two troughs. A move past the neckline is said to confirm the breakout or a bearish-bullish shift in the market trend. The ratio carved out two troughs at around 0.00165 early this year and recently broke above the neckline resistance, indicating a double-bottom bullish reversal. In other words, XMR has likely begun a new bull run relative to bitcoin. The pair's move above the Ichimoku cloud also suggests the same. The bullish outlook risks invalidation in case of a renewed dip below the double top support (former resistance). Monero has surged 86% this year, outperforming Bitcoin's 12% rise by a significant margin, according to CoinDesk data.
Privacy and security-focused token Monero (XMR) has seen an 11.5% surge in the daily timeframe, reclaiming the $360 support for the first time in a week. Some analysts suggest that holding its current range could send the cryptocurrency to a another retest of its historical $420 resistance. Related Reading: Bitcoin Rise To $111,000 ATH Doesn’t Mean The Market Is Bullish, Certified Expert Says Monero Bounces From Range Lows Amid the crypto market pullback, Monero led the top 100 tokens by market capitalization list with a double-digit jump in the past 24 hours. The cryptocurrency surged 11.5% on Monday morning, breaking out of its seven-day downtrend. Notably, XMR has seen a 66% price increase over the past month and a half, jumping from the $220 support zone to its current levels. The token registered a significant 55% daily increase at the end of April, touching the $340 mark before retracing. The surge was reportedly fueled by a “suspicious transfer” of 3,520 BTC, worth around $330.7 million, from a potential victim of social engineering. According to crypto sleuth ZachXBT, the stolen funds were swapped for XMR, leading cryptocurrency to retest a key horizontal level. Despite this, the privacy token continued its rally during the May market recovery, which propelled XMR to a four-year high a week ago, nearing the crucial $420 resistance for the first time since 2021. Now, the market’s recent performance has sent Monero alongside the rest of the leading cryptocurrencies to retest key levels. The token retraced 21% in the past week, briefly losing its three-week price range on Saturday. However, XMR has bounced from this level over the past two days after reclaiming the $325 mark and nearing the $370 resistance. XMR Rally Hangs On This Level Analyst Sjuul from AltCryptoGems affirmed that “Monero has an impressive chart and is likely one of the few ‘dino’ coins not far from breaking its all-time high.” He highlighted that XMR is retesting the recently flipped support and resistance zone, which is key for a rally continuation. Losing the $310-$345 area could send the cryptocurrency toward the gap between this level and the next major support around the $220 mark. Similarly, analyst Rekt Capital previously noted Monero repeated its early 2021 playbook after breaking out of its multi-year accumulation range in Q4 2024, surging above the $286 resistance and hitting last cycle’s high levels. He recently pointed out that XMR has historically ended its bull market around the key $422 resistance, with “this sort of price action for XMR occurs once every four years,” and price rallies into the major resistance “often briefly upside wicking beyond there.” Related Reading: $3 XRP Dream Delayed—No Bull Run Before November, Says Top Analyst Amid its recent rejection from the $419 cycle high, the analyst considers that Monero must hold its current range, “if price wants to go against the grain of history and break the $422 resistance over time.” If it fails to hold above the $300 mark, Rekt Capital affirmed that the $286 support is the next crucial level, but added that historically, XMR’s retest post-rejection usually fails. As of this writing, Monero trades at $366, a 32.2% increase in the monthly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
As the cryptocurrency market continues to make waves, the hunt for the next big digital asset is more intense than ever. With Bitcoin recently reaching all-time highs and setting the stage for an exciting year ahead. While Monero once dominated the privacy coin space, it has since faced stagnation, leaving room for fresh contenders to rise. Among them, Qubetics has caught the attention of crypto enthusiasts and analysts alike, drawing attention for its innovative blend of decentralized VPN technology and blockchain solutions. As the Qubetics presale advances, excitement builds, with early investors looking to take advantage of its incredible ROI potential. In stark contrast to older projects, Qubetics is making a name for itself by offering real-world applications that solve pressing issues like online privacy and data security. As businesses and individuals alike face increasing threats from cyberattacks and surveillance, Qubetics presents a powerful blockchain privacy solution through its decentralized VPN technology. The ongoing Qubetics token sale, priced at just $0.3370 per $TICS token, offers an affordable entry point, with analysts predicting massive returns. With the presale rapidly gaining momentum, now is the perfect time to explore why Qubetics could be the most popular crypto coin to buy in 2025. Missed Opportunity: Monero’s Peak Monero, once a darling of the cryptocurrency world, achieved significant success early on. For a time, it was seen as the coin of choice for privacy-conscious users due to its untraceable transactions. Despite its initial growth, Monero failed to capture mainstream attention and its price stagnated. Those who missed the chance to buy Monero at its peak missed out on a significant ROI. Today, Monero remains a niche currency, with limited real-world applications and adoption beyond privacy circles. Monero’s missed opportunity lies in its inability to scale, gain wider acceptance, and adapt to the changing needs of businesses and individuals. While Monero’s privacy features are still in demand, they are no longer enough to make it the dominant coin in the privacy space. Qubetics, on the other hand, has addressed these shortcomings by offering a more versatile solution—integrating decentralized VPN technology into the blockchain. This could help Qubetics rise far beyond the limits of privacy coins like Monero, making it a far more valuable asset for the future. Qubetics ($TICS): The Popular Crypto Coin To Buy As the market continues to grow, Qubetics has emerged as a promising contender in the cryptocurrency space. Its presale success is creating a frenzy, and with analysts predicting a jaw-dropping ROI of up to 4349%, it’s easy to see why this project is generating so much excitement. The crypto community is abuzz with discussions around Qubetics as the next major opportunity to get in early before it explodes. Unlike its predecessors, Qubetics offers tangible solutions to real-world problems, combining blockchain technology with decentralized VPN services to ensure privacy and security. This could change the way businesses and individuals operate in the digital world. Qubetics Presale: A Rare Opportunity Qubetics is currently in its 37th crypto presale stage, and it has already sold over 514 million tokens to more than 27,400 holders, raising over $17.6 million. With each stage, the price continues to rise, offering investors the chance to get in early before the price shoots up once the mainnet launches. Stage 37 Price : $0.3370 per token Projected Price After Presale : Analysts predict that Qubetics could hit $1 after the presale, providing a 196% ROI. More importantly, the price could surge to $5, $6, $10, or even $15 after the mainnet launch, giving early adopters an ROI potential of 4349%. Qubetics has established itself as one of the most promising cryptocurrencies of 2025. Analysts have a bullish outlook on $TICS, with some predicting a price of $15 after the mainnet launch—representing a staggering 4349% ROI. The presale price is incredibly affordable at $0.3370, and those who purchase tokens now have a unique opportunity to secure their place in the future of decentralized privacy. Decentralized VPN: Qubetics’ Application in the Real World Qubetics is more than just a cryptocurrency; it’s a solution to problems that have plagued the digital world for years. Privacy, data security, and online anonymity are all major concerns for businesses, professionals, and individuals alike. By integrating decentralized VPN technology with blockchain, Qubetics offers an all-in-one solution that addresses these concerns head-on. The ability to securely transmit data, conduct transactions, and communicate without the threat of hacking or surveillance is invaluable in today’s digital market. Qubetics is uniquely positioned as popular crypto coin to buy to solve these problems with its decentralized architecture, which eliminates the need for third-party intermediaries. By removing the central points of failure, Qubetics ensures that users are in control of their data and can communicate with confidence. This makes it an attractive option for industries that handle sensitive information, as well as everyday users looking to safeguard their privacy. Conclusion: Don’t Miss Out on the Popular Crypto Coin To Buy The crypto world is full of missed opportunities, and Monero’s stagnant growth serves as a reminder of what happens when projects fail to innovate. Qubetics, however, offers something different—a real-world solution to the growing need for privacy and security. Its decentralized VPN technology, combined with the power of blockchain, positions Qubetics as a project that can revolutionize the digital market. For those looking to capitalize on the next big opportunity, Qubetics represents an exciting chance to get in early. With analysts predicting massive growth in the coming months, the time to act is now. Don’t miss out on the chance to secure a popular crypto coin to buy $TICS at an affordable price during the presale. The potential returns are extraordinary, and the opportunity is too good to let slip by. For More Information: Qubetics: https://qubetics.com Presale: https://buy.qubetics.com Telegram: https://t.me/qubetics Twitter: https://x.com/qubetics FAQs: What is Qubetics? Qubetics is a cryptocurrency that integrates decentralized VPN technology with blockchain to provide users with enhanced privacy and security. How can I buy $TICS tokens? $TICS tokens can be purchased during the presale, which is currently in Stage 37. The price per token is $0.3370. What are the expected ROI predictions for $TICS? Analysts predict that $TICS could reach $1 after the presale, providing a 196% ROI, and could go as high as $15 after the mainnet launch, offering an ROI of 4349%. How does Qubetics improve privacy and security? Qubetics combines decentralized VPN technology with blockchain to ensure secure, anonymous communication and data transmission without reliance on third-party intermediaries. When will Qubetics’ mainnet launch? Qubetics is currently in its presale phase, with the mainnet launch expected to occur after the presale stages are completed. The post Missed Monero’s Peak? Qubetics Is the Popular Crypto Coin To Buy With Groundbreaking Potential appeared first on TheCoinrise.com .
Capital’s rotating into low and mid-caps with real utility, leaving memecoin hype in the dust.
Bitcoin extended its downtrend from May 27, with bulls attempting to hold the line at the critical $104,000 support level, a threshold analysts view as pivotal in averting a deeper market correction. With risk appetite fading, the total crypto market cap dropped by over 2 percent to $3.36 trillion, revisiting early May levels. The sentiment shift was reflected in the Crypto Fear and Greed Index, which dropped to 56, signaling a move from greed to a more cautious, neutral stance. Altcoins traded largely flat, showing limited momentum as Bitcoin dominance continued to weigh on broader market activity. While a few names posted modest gains, the majority hovered near previous levels or recorded slight declines. Why is Bitcoin down today? Bitcoin’s latest drop comes amid growing macroeconomic concerns, most notably stalled trade negotiations between the United States and China. The breakdown in talks has reignited global risk aversion, prompting investors to shift away from speculative assets, such as cryptocurrencies. Geopolitical tensions in Eastern Europe added to the cautious mood, as renewed concerns over the Russia-Ukraine conflict resurfaced in market discussions. Bitcoin slipped below $104,000 at the June 2 Wall Street open, coinciding with broader market unease around the potential collapse of ongoing peace efforts. Analysts at the Kobeissi Letter noted that markets were effectively pricing out expectations of a resolution, following months of behind-the-scenes diplomacy. While former President Donald Trump had reportedly been working on a peace framework, the lack of formal communication from US officials has fueled speculation and uncertainty over the conflict’s trajectory. This risk-off sentiment was reflected in the derivatives market, where over $156 million in crypto futures positions were liquidated in the past 24 hours. According to Coinglass data, 73,552 traders were wiped out during the sell-off, with long positions accounting for the bulk of the damage at $76.39 million. Bitcoin and Ethereum bore the brunt of the derivatives washout, with ETH alone seeing $3.08 million in long liquidations. The imbalance between long and short liquidations suggests that traders were overly optimistic on a rebound, only to be caught off guard by the sharp downside move. Adding further pressure, institutional flows have also turned negative. Spot Bitcoin ETFs recorded back-to-back outflows over the past two trading sessions, with a combined drawdown of nearly $975 million. This ended a 10-day streak of inflows, raising concerns over waning institutional conviction at current price levels. With sentiment retreating and both derivatives and spot flows turning bearish, the market appears to be entering a consolidation phase. Will Bitcoin crash? Most analysts are not calling for an outright crash, but rather expect Bitcoin to enter a consolidation phase as it digests recent volatility. Trading firm QCP Capital noted that despite the recent swings, Bitcoin is still holding above 102,000 dollars, pointing to underlying support in that range. According to their latest market bulletin, volatility has compressed and risk reversals are stabilising, which often suggests quieter price action ahead. In the absence of fresh catalysts, QCP expects Bitcoin to trade within a broad range of 100,000 to 110,000 dollars over the near term. Others like Daan Crypto Trades are watching short-term patterns closely. Based on prior monthly trends, the trader believes early June moves may fade once a local reversal forms. If that scenario plays out, it could guide trading direction for the rest of the month, although the broader trend remains unclear. Daan Crypto Trades @DaanCrypto · Follow $BTC My plan for the month ahead 👇ith eyes on this strong monthly statistic, I am looking for either of these two scenarios. Drawings are a rough estimate, obviously the moves can go lower or higher, it’s more about the idea than the precise levels for now.I think there’s a 1:32 AM · Jun 2, 2025 346 Reply Copy link Read 74 replies Historical data also adds some caution. June has been a bearish month for Bitcoin in four of the past six years, and as such, seasonal weakness could persist if macro pressures stay in focus. Traders are also watching key economic data from the US this week, particularly unemployment figures and any signals from the Federal Reserve. All eyes will be on Fed Chair Jerome Powell’s opening remarks due later today. The strength of the labour market is being reassessed after recent data hinted at softening, raising questions about the Fed’s ability to keep rates elevated. Although inflation appears to be cooling, as seen in the latest PCE print, the Fed has so far held firm. President Trump’s recent meeting with Powell didn’t move market expectations either, with CME FedWatch data showing traders still do not anticipate a rate cut before September. That said, some analysts see a potential tailwind for Bitcoin in the weakening US dollar. The Dollar Index has dropped back below 99, reversing its earlier gains. According to experts at Mosaic Asset Management, if dollar weakness deepens, it could signal broader concerns over the US fiscal outlook, a setup that could benefit assets like gold and Bitcoin over the longer term. At the moment, some Bitcoin technicals point to a deeper correction. The cryptocurrency has broken below the lower boundary of a bear flag pattern at 104,800 dollars on the four-hour chart, confirming a bearish continuation setup. This breakdown opens the door to a potential move toward the pattern’s projected target of 97,690 dollars. BTC/USD 4-hour price chart. Source: TradingView. Supporting the bearish case, BTC’s Relative Strength Index remains weak, with the RSI hovering around 44. This suggests that selling pressure is still dominant, leaving Bitcoin vulnerable to further downside unless a strong reversal catalyst emerges. Nevertheless, not all market watchers are leaning bearish, with some viewing the latest pullback as a necessary reset within a broader uptrend. According to Merlijn The Trader, a golden cross has recently formed on Bitcoin’s daily chart, mirroring a similar setup seen late last year. At the time, a 10 percent correction was followed by a sharp 63 percent rally. If that pattern repeats, Merlijn suggests Bitcoin could be primed for a breakout move exceeding 60 percent in the coming weeks. Merlijn The Trader @MerlijnTrader · Follow EVERYONE WANTS THE PUMP.But no one wants the dip that starts it. $BTC just flashed a GOLDEN CROSS same as last time:-10% correction+63% breakoutIf history repeats, a +60% move is coming. 2:30 PM · Jun 1, 2025 1.6K Reply Copy link Read 100 replies Others like Crypto Caesar believe the broader bull run is yet to lose steam. See below. Crypto Caesar @CryptoCaesarTA · Follow $BTC – #Bitcoin is looking ready for the last big leg up. In my opinion, we still have a few good months left in this bull market. 5:40 PM · Jun 1, 2025 593 Reply Copy link Read 39 replies At press time, Bitcoin was trading at $104,394, down 0.3% in the past 24 hours. Altcoin market Over the past 24 hours, the altcoin market cap fell 1.6% to $1.23 trillion when writing, while the Altcoin Season Index showed a reading of 22, confirming a Bitcoin-dominated market. While Ethereum (ETH), the leading altcoin by market cap, still managed to gain 1.18% over the day, trading at $2,536 with a market cap of nearly $306 billion while other large-cap altcoins like Solana (SOL), Tron (TRX), Dogecoin (DOGE) and Sui (SUI) have experienced slight losses ranging between 0-1%. The leading gainer among the top 99 altcoins was Monero (XMR), which managed to secure double-digit gains of 11.3% as of press time, while Kaia (KAIA) and Sky (SKY) posted gains of 7.5% and 4.3%, respectively. Source: CoinMarketCap Monero’s price surge appears linked to increased demand after hackers reportedly used over $335 million in stolen Bitcoin to acquire and move funds through its network, likely contributing to the sharp appreciation. KAIA saw a brief rally following the announcement of a 2 million dollar grant program, which seemed to have reignited interest among traders and long-term holders. Meanwhile, SKY managed to lock on to profits after its cofounder announced that SKY staking is going live today, with an expected yearly return of 25% based on the current price and staking participation. The post Crypto prices today: Bitcoin at risk below $104K, XMR, KAIA lead daily gains appeared first on Invezz