Latest news with #DeltaExchange
Economic Times
5 days ago
- Business
- Economic Times
Bitcoin holds above $114,500; Experts see breakout potential amid rising inflows
Bitcoin traded steady above the $114,500 mark in Thursday's session, as inflows returned to crypto investment products and analysts pointed to improving institutional sentiment and key technical levels that could shape the near-term trend. ADVERTISEMENT As of 11:30 am IST, Bitcoin was up 0.5% in the past 24 hours at $114,581, while Ethereum rose 1.7% to $3,690. Altcoins also saw broad-based gains, with XRP, Solana, Tron, Dogecoin, and Cardano advancing between 1.5% and 3%. The overall cryptocurrency market capitalisation rose by 0.84% to $3.75 trillion, according to data from CoinMarketCap. 'Bitcoin is hovering around $114K, with high liquidity zones visible near $115.5K and $117K – suggesting a possible upward move to these levels before a pullback,' said Riya Sehgal, Research Analyst at Delta Exchange. 'Ethereum is consolidating above $3,600, with bright liquidity patches near $3,750–$3,800. Price could be drawn there next, but a short-term retracement may follow.' According to Sehgal, Bitcoin ETFs saw net inflows of $91.5 million after four straight days of outflows, led by BlackRock and Bitwise. Ethereum ETFs also saw $35 million in net inflows, signalling improved confidence among institutional investors. Avinash Shekhar, Co-Founder & CEO of Pi42, said Bitcoin is currently testing a 'crucial resistance zone' around $114,000, which could determine near-term momentum. 'While short-term technicals hint at consolidation, growing institutional inflows, ETF traction, and macro tailwinds are supporting long-term bullish projections,' he noted. ADVERTISEMENT Shekhar also pointed to increased open interest and divided sentiment in Ethereum as a sign of a 'high-stakes setup,' while XRP's trajectory may hinge on upcoming regulatory votes from the US Thakral, CEO of BuyUcoin, said Bitcoin is facing resistance at $115,000 due to uncertainty in macroeconomic conditions. 'Crypto funds registered positive inflows of $50 million for the first time this week, signalling buying-the-dip activity. Altcoins like ETH, XRP, and SOL registered healthy gains between 1.5% and 3%. However, the market may remain under pressure as the tariff war escalates and stagnation fears loom over the US economy.' ADVERTISEMENT Parth Srivastava, Head of Quant at 9Point Capital, described the current market as a 'healthy consolidation phase,' with Bitcoin behaving like a compressed spring. 'This range-bound action is shaking out weak hands while setting the stage for a powerful expansion. As long-term fundamentals remain intact, this quiet phase is not weakness but energy accumulating before the next breakout,' he said. While the crypto market remains sensitive to external economic cues, Thursday's modest rally and renewed institutional inflows offer early signs of a stabilising trend, one that could turn explosive if resistance levels are breached in the days ahead. ADVERTISEMENT (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Time of India
5 days ago
- Business
- Time of India
Bitcoin holds above $114,500; Experts see breakout potential amid rising inflows
Bitcoin traded steady above the $114,500 mark in Thursday's session, as inflows returned to crypto investment products and analysts pointed to improving institutional sentiment and key technical levels that could shape the near-term trend. As of 11:30 am IST, Bitcoin was up 0.5% in the past 24 hours at $114,581, while Ethereum rose 1.7% to $3,690. Altcoins also saw broad-based gains, with XRP, Solana, Tron, Dogecoin, and Cardano advancing between 1.5% and 3%. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Discover the AI writing partner that understands your audience. Grammarly Install Now Undo The overall cryptocurrency market capitalisation rose by 0.84% to $3.75 trillion, according to data from CoinMarketCap. Crypto Tracker TOP COIN SETS BTC 50 :: ETH 50 -0.04% Buy Smart Contract Tracker -0.64% Buy DeFi Tracker -3.95% Buy NFT & Metaverse Tracker -5.58% Buy Web3 Tracker -6.51% Buy TOP COINS (₹) Solana 14,885 ( 3.33% ) Buy XRP 264 ( 1.88% ) Buy Ethereum 324,871 ( 1.87% ) Buy BNB 67,263 ( 0.8% ) Buy Bitcoin 10,068,631 ( 0.53% ) Buy 'Bitcoin is hovering around $114K, with high liquidity zones visible near $115.5K and $117K – suggesting a possible upward move to these levels before a pullback,' said Riya Sehgal, Research Analyst at Delta Exchange. 'Ethereum is consolidating above $3,600, with bright liquidity patches near $3,750–$3,800. Price could be drawn there next, but a short-term retracement may follow.' Did you Know? The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors. View Details » According to Sehgal, Bitcoin ETFs saw net inflows of $91.5 million after four straight days of outflows, led by BlackRock and Bitwise. Ethereum ETFs also saw $35 million in net inflows, signalling improved confidence among institutional investors . Live Events Avinash Shekhar, Co-Founder & CEO of Pi42, said Bitcoin is currently testing a 'crucial resistance zone' around $114,000, which could determine near-term momentum. 'While short-term technicals hint at consolidation, growing institutional inflows , ETF traction, and macro tailwinds are supporting long-term bullish projections,' he noted. Shekhar also pointed to increased open interest and divided sentiment in Ethereum as a sign of a 'high-stakes setup,' while XRP's trajectory may hinge on upcoming regulatory votes from the US SEC. Shivam Thakral, CEO of BuyUcoin, said Bitcoin is facing resistance at $115,000 due to uncertainty in macroeconomic conditions. 'Crypto funds registered positive inflows of $50 million for the first time this week, signalling buying-the-dip activity. Altcoins like ETH, XRP, and SOL registered healthy gains between 1.5% and 3%. However, the market may remain under pressure as the tariff war escalates and stagnation fears loom over the US economy.' Parth Srivastava, Head of Quant at 9Point Capital, described the current market as a 'healthy consolidation phase,' with Bitcoin behaving like a compressed spring. 'This range-bound action is shaking out weak hands while setting the stage for a powerful expansion. As long-term fundamentals remain intact, this quiet phase is not weakness but energy accumulating before the next breakout,' he said. While the crypto market remains sensitive to external economic cues, Thursday's modest rally and renewed institutional inflows offer early signs of a stabilising trend, one that could turn explosive if resistance levels are breached in the days ahead. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
&w=3840&q=100)
Business Standard
28-07-2025
- Business
- Business Standard
Ethereum outperforms Bitcoin; is ETH poised to lead next crypto bull run?
Ethereum (ETH) continues to steal the show in the crypto markets, outperforming the flagship currency Bitcoin (BTC), which has entered a consolidation phase after reaching a fresh peak earlier this month. So far this month, Ethereum has surged nearly 59 per cent. Market analysts suggest that the current trend signals the emergence of an "Ethereum season" in the crypto space. At last check, Ethereum was trading at $3,925, down 4 per cent, with a 24-hour trading volume of $31.14 billion, according to CoinMarketCap. Over the past 24 hours, it has fluctuated between $3,756 and $3,940. Despite the recent rally, ETH remains 19 per cent below its all-time high of $4,891, scaled in November 2021. Experts weigh in Shivam Thakral, CEO of BuyUcoin, attributed Ethereum's rally to strong ETF inflows. 'Big money is pouring into Ethereum, with ETF inflows topping $2.2 billion last week—actually outpacing Bitcoin's numbers,' said Thakral. Market watchers are calling this phase the start of an 'Ethereum season.' If history is any guide, Thakral believes this could spark a broader rally across other altcoins. Piyush Walke, derivatives research analyst at Delta Exchange, also that believes Ethereum's current trend signals renewed bullish sentiment, though some signs of buyer fatigue are beginning to emerge. 'Overall, Ethereum's performance remains relatively stronger, while Bitcoin shows resilience within a tightening trading range and mixed technical signals,' said Walke. Bitcoin faces resistance at the $119,500–$119,900 zone Bitcoin, meanwhile, is catching its breath after bouncing back from its latest pullback. At last check, BTC was quoted at $119,546, up nearly 1 per cent, with a 24-hour trading volume of $58.18 billion and a market capitalisation of $2.37 trillion, according to CoinMarketCap. The flagship cryptocurrency is currently around 3 per cent below its all-time high of $123,091, scaled earlier this month on July 14. At current levels, traders are closely watching to see if BTC can break through a stubborn resistance level. 'The next moves will largely depend on whether Bitcoin can maintain its footing here, with key support levels at $116,411 and $115,000, while resistance lies ahead at around $138,000,' said Thakral. Walke echoed similar views, noting that while Bitcoin's price action has been mixed—initially declining before recovering—momentum indicators like MACD and ADX remain positive, suggesting continued upward potential. 'However, overbought signals from tools like the Stochastic, Stoch-RSI, and Williams %R point to possible consolidation or a short-term pullback,' he added. According to the CoinSwitch Markets Desk, technical data for Bitcoin shows a strong buy signal across multiple moving average and indicator metrics. The 5-, 20-, and 50-day MAs, they said, are all supportive, while the RSI, MACD, and ADX remain in bullish alignment. 'Near-term resistance lies at $119,500–$119,900, while support zones cluster around $116K (CME gap) and $114,000–$115,000. A deeper correction could be triggered if these levels are breached, potentially pulling BTC toward $112,000–$113,800. " Traders eye altseason With Bitcoin maintaining strong price support just below the $120,000 mark, analysts believe an altcoin season may be on the horizon. ETH/BTC has been rising for five consecutive weeks. 'While ETH might face strong resistance near the $4,000 mark, another short squeeze is likely, especially with more ETH treasury companies like SBET emerging in the US, aiming to replicate for ETH what Saylor's strategy did for BTC,' analysts noted. Separately, the US Federal Reserve's interest rate meeting scheduled for Wednesday, July 30, will be a key event to watch. While no rate change is expected, analysts say an unlikely surprise rate cut could trigger a massive rally across both stock and crypto markets.
Economic Times
25-07-2025
- Business
- Economic Times
Crypto price today: Bitcoin slips below $116,000 amid liquidations; Solana, XRP fall up to 5%
Bitcoin slipped below key support levels on Friday, triggering a broad risk-off sentiment across the crypto market. As of 2:14 pm IST, the world's largest cryptocurrency was trading at $115,150, down 2.9%, while Ethereum held firm, rising 0.5% to $3,346. Most altcoins saw mixed movement. ADVERTISEMENT Bitcoin's decline below the $116,000 mark sparked heavy long liquidations. According to Riya Sehgal, Research Analyst at Delta Exchange, the market saw $721 million in total liquidations over the past 24 hours, with long positions accounting for $567 million. 'The drop from $119,000 to below $116,000 triggered cascading liquidations, particularly in the $117,000–$120,000 zone,' she said. A liquidity buildup between $113,000 and $115,000 could now offer short-term support. Edul Patel, Co-founder and CEO of Mudrex, said that while broader macro sentiment has improved due to progress in U.S.-Japan and U.S.-EU trade talks, Bitcoin continues to face resistance near $120,000. 'A sustained move below $115,300 could take BTC down to $110,000 before any relief rally,' he noted. According to Vikram Subburaj, CEO of Giottus, Bitcoin may be entering a short-term correction. 'Momentum is fading, and a hidden bearish divergence with RSI points to weakness. The unfilled CME gap between $114,200 and $115,600 could attract price action,' he said. Subburaj added that profit booking and thinning liquidity are weighing on near-term ETFs saw net inflows of $226.7 million on July 24 after three straight sessions of outflows, suggesting cautious re-entry by institutional investors. However, CoinSwitch Markets Desk noted that CME open interest fell over 5% in the last day, indicating that some big players may be paring back exposure. 'Meanwhile, retail participation continues to rise — a trend that often signals increased volatility,' the firm remains relatively stable, with over 20 consecutive days of ETF inflows. Still, the network faces over $2.3 billion in ETH waiting to be unstaked, with delays extending beyond 11 days. ADVERTISEMENT Altcoins largely followed Bitcoin's lead. Solana dropped 4.7%, Dogecoin fell 4%, XRP was down 1%, and Cardano slipped 1.1%. Tron was the exception, posting modest gains. Bitcoin dominance posted a green candle on the weekly chart for the first time in four weeks, reflecting a shift back toward BTC. Looking ahead, traders remain cautious as the U.S. is set to reimpose tariffs starting August 1. The move could trigger another wave of selling across risk assets, including cryptocurrencies. ADVERTISEMENT (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
25-07-2025
- Business
- Time of India
Crypto price today: Bitcoin slips below $116,000 amid liquidations; Solana, XRP fall up to 5%
Bitcoin slipped below key support levels on Friday, triggering a broad risk-off sentiment across the crypto market. As of 2:14 pm IST, the world's largest cryptocurrency was trading at $115,150, down 2.9%, while Ethereum held firm, rising 0.5% to $3,346. Most altcoins saw mixed movement. Bitcoin's decline below the $116,000 mark sparked heavy long liquidations. According to Riya Sehgal, Research Analyst at Delta Exchange, the market saw $721 million in total liquidations over the past 24 hours, with long positions accounting for $567 million. 'The drop from $119,000 to below $116,000 triggered cascading liquidations, particularly in the $117,000–$120,000 zone,' she said. A liquidity buildup between $113,000 and $115,000 could now offer short-term support. Explore courses from Top Institutes in Please select course: Select a Course Category Edul Patel, Co-founder and CEO of Mudrex, said that while broader macro sentiment has improved due to progress in U.S.-Japan and U.S.-EU trade talks, Bitcoin continues to face resistance near $120,000. 'A sustained move below $115,300 could take BTC down to $110,000 before any relief rally,' he noted. Crypto Tracker TOP COIN SETS DeFi Tracker 4.77% Buy NFT & Metaverse Tracker 1.70% Buy Crypto Blue Chip - 5 0.23% Buy AI Tracker -2.41% Buy Web3 Tracker -2.65% Buy TOP COINS (₹) Ethereum 322,762 ( 2.58% ) Buy BNB 66,830 ( 1.01% ) Buy XRP 271 ( 0.5% ) Buy Bitcoin 10,052,609 ( -1.82% ) Buy Solana 15,700 ( -2.29% ) Buy According to Vikram Subburaj, CEO of Giottus, Bitcoin may be entering a short-term correction. 'Momentum is fading, and a hidden bearish divergence with RSI points to weakness. The unfilled CME gap between $114,200 and $115,600 could attract price action,' he said. Subburaj added that profit booking and thinning liquidity are weighing on near-term sentiment. Did you Know? The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors. View Details » Bitcoin ETFs saw net inflows of $226.7 million on July 24 after three straight sessions of outflows, suggesting cautious re-entry by institutional investors. However, CoinSwitch Markets Desk noted that CME open interest fell over 5% in the last day, indicating that some big players may be paring back exposure. 'Meanwhile, retail participation continues to rise — a trend that often signals increased volatility,' the firm said. Live Events Ethereum remains relatively stable, with over 20 consecutive days of ETF inflows. Still, the network faces over $2.3 billion in ETH waiting to be unstaked, with delays extending beyond 11 days. Altcoins largely followed Bitcoin's lead. Solana dropped 4.7%, Dogecoin fell 4%, XRP was down 1%, and Cardano slipped 1.1%. Tron was the exception, posting modest gains. Bitcoin dominance posted a green candle on the weekly chart for the first time in four weeks, reflecting a shift back toward BTC. Looking ahead, traders remain cautious as the U.S. is set to reimpose tariffs starting August 1. The move could trigger another wave of selling across risk assets, including cryptocurrencies.
