Crypto

Bitcoin faces test above $85,000 as key indicators emerge

Bitcoin is bringing the $85,000 area into focus as the next major resistance level after moving above two key on-chain indicators at the same time. It has climbed from about $63,000 to above $80,000 over the past three months, with on-chain, futures and options signals pointing in the same direction. Futures market downside pressure has eased as funding rates turn neutral to slightly positive. Options positioning also leans bullish, while bitcoin remains closely linked to U.S. tech stocks.

Crypto

Cardano rebound hinges on bitcoin breaking above $86,000, analysis says

Cardano is holding around a long-term support level near $0.25, but whether it turns higher depends on bitcoin breaking above its 55-week exponential moving average near $86,000, an analysis said. Market analyst Drini said Cardano and the broader altcoin market remain closely linked to bitcoin, though Cardano may react with a lag. The analysis also cited internal disputes in the Cardano ecosystem as a remaining variable.