Bitcoin held near $70,000 on Tuesday as sentiment and ETF inflows improved following signals that tensions with Iran could ease.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $70,040.68
Ethereum (CRYPTO: ETH) $2,034.27
Solana (CRYPTO: SOL) $86.14
XRP (CRYPTO: XRP) $1.38
Dogecoin (CRYPTO: DOGE) $0.09486
Shiba Inu (CRYPTO: SHIB) $0.055688

Notable Statistics:

  • Coinglass data shows 99,391 traders were liquidated in the past 24 hours for $386.23 million.
  • SoSoValue data shows net inflows of $167 million from spot Bitcoin ETFs on Monday. Spot Ethereum ETFs saw net outflows of $51.3 million.
  • In the past 24 hours, top gainers include Render, Kaia and Artificial Superintelligence Alliance.

Notable Developments:

Trader Notes: CrediBULL Crypto noted that Bitcoin has returned to the top of its trading range, where supply is concentrated.

If the market fails to break above this level, it could trigger another rejection. He warned traders to be cautious with lower-timeframe long positions, as a rejection could lead to a short-term pullback across the broader crypto market.

Trader Crypto Kaleo compared the current environment to the 2022 bear market bottom. At that time, Bitcoin spent nearly two months trading below its 2017 all-time high, an unprecedented situation that led many investors to believe the industry was finished following the collapse of FTX.

Kaleo said the market is showing similar signs today. Since mid-2025, crypto has underperformed many traditional assets, with Bitcoin again trading below previous cycle highs while altcoins struggle even more.

According to Kaleo, this pessimism and loss of confidence often appear near market bottoms, suggesting long-term investors should remain patient rather than exit the market.

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