Crypto News Sentiment

Updated: 2 months and 3 days ago

Crypto climbs! Bitcoin, Ethereum, Solana, XRP, and Doge see positive trends. However, Jeff Bezos dumps Amazon shares, while Tesla's China market share plummets, signaling potential economic headwinds.
Positive news
  1. Bitcoin (BTC):

    • Remained supported above the $107,500 zone.
    • Recovering losses and aiming for a move above the $109,200 resistance.
    • Started a recovery wave above the $108,000 zone, trading above $108,500 and the 100-hourly Simple Moving Average.
    • Bearish trend line forming with resistance at $109,050.
    • Could start a fresh increase if it stays above the $107,500 zone.
  2. Ethereum (ETH):

    • Started a fresh increase above the $2,550 zone.
    • Consolidating gains and aiming for a move above $2,620.
    • Trading above $2,580 and the 100-hourly Simple Moving Average.
    • Key bullish trend line forming with support at $2,550.
    • Could start a fresh increase if it remains above the $2,550 zone.
  3. Solana (SOL):

    • Futures volume on CME Group topped $4 billion.
    • Signifies growing interest and trading activity in Solana.
  4. XRP:

    • Started a fresh increase above the $2.30 zone.
    • Positive signs and potential to climb above the $2.32 resistance.
    • Trading above $2.280 and the 100-hourly Simple Moving Average.
    • Key bullish trend line forming with support at $2.280.
    • Could start another increase if it stays above the $2.250 zone.
  5. Truth Social ETF:

    • Trump Media & Technology Group filed an S-1 registration for a "Blue Chip crypto" ETF including Bitcoin, Ethereum, Solana, XRP, and Cronos.
  6. Bitcoin (BTC) on Binance Derivatives:

    • Withstood strong selling pressure, remaining range-bound between $100,000 and $110,000.
    • Recent analysis suggests a potential breakout ahead.
  7. Dogecoin (DOGE):

    • Broke key resistance levels with higher volume.
    • Eyes a move above $0.1720.
    • Trading above $0.168
Negative news

Summary:

  1. Jeff Bezos' Amazon Share Sale: In early July, Jeff Bezos sold approximately 3 million Amazon shares, totaling $665.8 million, as disclosed in filings with the U.S. Securities and Exchange Commission. This sale aligns with a previously announced plan.

  2. Tesla's Market Performance in China: Tesla's market share in China has significantly declined to 4%, marking a 30% year-over-year decrease in May sales compared to the same period last year. This decline contrasts with increasing overall electric vehicle (EV) demand in China. Sales data shows that only about 40,000 Teslas were sold in May, compared to over 57,000 in the previous year.

Cookies Policy - Privacy Policy - Terms of Use - © 2025 Altfins, j. s. a.