Four | Crypto

Expanding Bitcoin price momentum, recovering liquidity and surging network activity all point to continued bullish control. Market analysts said Bitcoin’s (BTC) upside remained intact despite the 2.5% correction from its multi-month high of $82,800 reached on May 6. Key takeaways: Private wealth manager Swissblock stated that Bitcoin is “still at full momentum,” despite the slight correction from recent highs. Read more

Several Ethereum metrics suggest the ETH price could see further downside due to reduced demand and weakening network fundamentals. Ether’s (ETH) price has retraced by over 5.6% to $2,275 after being rejected by resistance at $2,400. Now, multiple data points suggest ETH/USD may drop below $2,000. Key takeaways: Ethereum’s network fundamentals are weakening, with weekly average transactions dropping by 10% to 4.79 million, per data from Nansen. Active addresses dropped by 8% to 2.5 million over the same period.  Read more

Bitcoin and Ether surged as US liquidity measures and record spot ETF inflows offset investors’ recession fears and their concerns over the war in Iran. Key takeaways: US government bailout plans and currency swap lines with the UAE are easing global liquidity fears and lowering credit crisis risks. Record Bitcoin ETF inflows and rising BTC miner profits suggest strong bullish momentum despite the ongoing war in Iran. Read more

Altcoin season has not lifted all assets equally and has favored tokens with defined roles. Four has seen GameFi and launchpad demand on BNB Chain, Sky has reflected Maker’s governance shift, and Bitget Token has maintained exchange-based utility and steady turnover. The post Altcoin Season Heats Up – Four, Sky, and Bitget Token Dominate Rotation appeared first on Cryptonews.