Bitcoin (BTC) has recently diverged from its typical role as either a risk-on or risk-off asset, despite rising geopolitical uncertainty, according to Alex Kuptsikevich, chief market analyst at FxPro,...

Bitcoin (BTC) has recently diverged from its typical role as either a risk-on or risk-off asset, despite rising geopolitical uncertainty, according to Alex Kuptsikevich, chief market analyst at FxPro, as reported by CoinDesk. Blockchain data reveals that long-term BTC investors are largely holding their positions, with minimal signs of broad profit-taking despite recent price gains. This stable investor behavior is seen as a factor contributing to the ongoing consolidation in the market, which could pave the way for a potential breakout in the third quarter.

Analysis: Bitcoin steady as holders resist profit-taking, eyeing Q3 breakout

PANews reports on June 20th that Circle's stock price rose nearly 13% in pre-market trading, currently at $225.78. Previously on Wednesday, Circle (CRCL.N) stock broke through $200, closing with a significant increase of 34.25%.

Earlier, the founder of Airwallex stated: It's time to short Circle.

Circle's U.S. stock rose nearly 13% before the market opened, temporarily reporting $225.78

Fundamentals and short-term trends are two different things.

ARK made a profit of $96 million and then sold its shares. Short Circle now?

Week24 Market Overview
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Market Overview
This week, the cryptocurrency market showed an overall oscillating downward trend. Bitcoin continued its downward trend from last week, experiencing a high and pullback on the 16th, falling into a sideways consolidation of long and short tug-of-war. Influenced by this, Altcoins generally followed the decline. The market sentiment index dropped from 65% last week to 48%, with overall sentiment still in the bearish zone, and the market entering a sideways oscillation phase. ...