28 Jun 2025 | 12:25:13 AM IST
Cryptocurrency News & Live Updates
Synopsis
Bitcoin is testing resistance at $108,000, with potential for a breakout above its all-time high. Ethereum remains below $2,400, while XRP shows signs of gains. SEI and APT are also positioned for potential rallies.
Bitcoin (BTC) is currently trading just below the critical resistance level of $108,000, with traders anticipating a breakout that could push prices past the all-time high of $111,980. However, recent market sentiment has turned slightly bearish, as indicated by the long/short ratio and the Fear & Greed Index. Meanwhile, Ethereum (ETH) is hovering around $2,400, struggling to break through key resistance levels, despite institutional interest. XRP is also in focus, with its CTO hinting at structural changes that could enhance its utility. In the altcoin space, SEI is showing potential for a 14% gain, while Aptos (APT) is trading above $5, indicating bullish momentum. Additionally, Bitcoin mining company Cango has increased its holdings without selling, producing 96.1 BTC recently, bringing its total to 3,809.1 BTC. In other news, a Nigerian national has pleaded guilty to a $2.5 million romance scam involving cryptocurrency, highlighting ongoing concerns about fraud in the crypto space. Lastly, U.S. core inflation is expected to remain low, which could influence market dynamics.
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This Week's Top 5 Cryptos: SEI, APT, BTC, ETH, XRP
Bitcoin is testing resistance at $108,000, with potential for a breakout above its all-time high. Ethereum remains below $2,400, while XRP shows signs of gains. SEI and APT are also positioned for potential rallies.
Bitcoin (BTC) Falls Below 107,000 USDT
As of June 27, 2025, Bitcoin has dipped below 107,000 USDT, currently trading at 106,968.40625 USDT, reflecting a slight decrease of 0.36% over the past 24 hours.
U.S. Core Inflation Likely to Stay Low Again
Economists predict that the core Personal Consumption Expenditures (PCE) inflation rate for May will remain low for the third month in a row, with an estimated increase of 0.15%.
Nigerian Man Admits Guilt in $2.5M Scam
Charles Uchenna Nwadavid, a Nigerian national, pleaded guilty in Boston for running romance scams that defrauded victims of over $2.5 million, laundering the proceeds through cryptocurrency accounts.
Cango Boosts Bitcoin Reserves Without Sales
Cango, a Bitcoin mining firm listed on the NYSE, reported producing 96.1 BTC from June 20 to June 26, 2025, raising its total holdings to 3,809.1 BTC without any sales during this timeframe.
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