Search results for UTC
Crypto
Asia drives bitcoin rebound; which hours and days deliver best returns
Bitcoin’s rise over the past three months has not been evenly spread across the day, but concentrated in specific trading sessions and weekdays, an analysis showed. Asia-Pacific and U.S. sessions led the uptrend, with Asia-Pacific posting the highest session return. The strongest hourly window was 00:00 to 01:00 UTC. By day, Monday recorded the highest average return, while Thursday was the weakest and weekends underperformed weekdays.
Crypto
Bitcoin rebounds from key support as traders watch renewed $80,000 test
Bitcoin rebounded from the $75,650 level, lifting expectations of a renewed attempt to break $80,000. It traded around $77,700 after rising 1.8% since midnight UTC, with the former resistance now acting as support. The broader crypto market strengthened as U.S. investors watched tech shares ahead of earnings. Derivatives signals were mixed, with bitcoin futures open interest falling, while dogecoin and Shiba Inu futures saw inflows.
Crypto
Risk assets slide as oil rises; bitcoin pulls back below $80,000
Bitcoin retreated to about $77,600 after failing to break the $80,000 level, down 0.7 percent since midnight UTC, CoinDesk reported. Risk assets weakened as oil rose 1.5 percent to $103 a barrel after reports the United States seized three Iranian tankers in Asian waters. Ether fell 2.5 percent to $2,320. Futures open interest eased but remained high, while negative perpetual funding pointed to bearish leverage.
