Bitcoin price started a fresh decline below $94,000. BTC is consolidating 
losses and remains at risk of more losses if it dips below $91,500. Bitcoin 
started a sharp decline below $94,000 and $93,000. The price is trading below 
$93,000 and the 100 hourly Simple moving average. There is a bearish trend 
line forming with resistance at $94,600 on the hourly chart of the BTC/USD 
pair (data feed from Kraken). The pair might continue to move down if it stays 
below the $94,000 zone. Bitcoin Price Turns Red Bitcoin price failed to stay 
above the $93,500 support and started a fresh decline. BTC declined sharply 
below the $93,000 and $92,500 support levels. The bears even pushed the price 
below $92,000. A low was formed at $91,866, and the price is now consolidating 
losses. There was a minor recovery wave above the 23.6% Fib retracement level 
of the recent decline from the $95,475 swing high to the $91,866 low. However, 
the bears remained active near $93,200. Besides, there is a bearish trend line 
forming with resistance at $94,600 on the hourly chart of the BTC/USD pair. 
Bitcoin is now trading below $93,000 and the 100 hourly Simple moving average. 
If the price remains stable above $92,000, it could attempt a fresh increase. 
Immediate resistance is near the $92,800 level. The first key resistance is 
near the $93,200 level. The next resistance could be $93,650 or the 50% Fib 
retracement level of the recent decline from the $95,475 swing high to the 
$91,866 low. A close above the $93,650 resistance might send the price further 
higher. In the stated case, the price could rise and test the $94,000 
resistance. Any more gains might send the price toward the $94,500 level. The 
next barrier for the bulls could be $95,000 and $95,500. Downside Break In 
BTC? If Bitcoin fails to rise above the $93,650 resistance zone, it could 
start another decline. Immediate support is near the $92,000 level. The first 
major support is near the $91,800 level. The next support is now near the 
$91,200 zone. Any more losses might send the price toward the $90,500 support 
in the near term. The main support sits at $90,000, below which BTC might 
accelerate lower in the near term. Technical indicators: Hourly MACD – The 
MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength 
Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – 
$92,000, followed by $91,800. Major Resistance Levels – $93,650 and $94,000.

Bitcoin Price Action Turns Unsteady, Downside Threat Grow

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Mounting global bond stress and soaring precious metals signal a weakening 
dollar and looming stagflation, while bitcoin faces a sharp reckoning as its 
digital gold narrative falters, economist Peter Schiff warned. Peter Schiff: A 
Dollar Collapse Is Unfolding — and Bitcoin Is Setting up for a Violent Crash 
Economist and gold advocate Peter Schiff shared […]

Peter Schiff Sees Bitcoin Setting up for Major Crash as Dollar Collapse Looms

Hoskinson&#8217;s critique highlights the risk of compromising crypto&#8217;s foundational 
principles for regulatory acceptance, potentially stifling innovation.
The post Charles Hoskinson criticizes Ripple CEO Brad Garlinghouse for backing 
flawed CLARITY Act appeared first on Crypto Briefing.

Charles Hoskinson criticizes Ripple CEO Brad Garlinghouse for backing flawed CLARITY Act

Reports say global exchange-traded products tied to crypto pulled in about 
$2.2 billion in net inflows during the latest week, a jump that marked the 
strongest weekly move since October last year. Bitcoin-focused funds took the 
lion’s share, while Ether and a handful of altcoin products also saw fresh 
money enter. Related Reading: What’s Driving The $1.42 Billion Comeback In 
Spot Bitcoin ETFs? Rising Appetite For Bitcoin And Ether According to 
CoinShares, Bitcoin-led products accounted for most of the inflows, while 
Ether-linked ETPs grabbed a meaningful slice of new capital as well. Many 
investors treated these products as an easier way to get exposure to crypto 
without owning coins directly. The pattern points to growing comfort among big 
traders and funds with exchange-traded wrappers. Some Flows Came As Prices 
Moved The uptick in cash into ETPs coincided with a fresh push higher in 
prices for core tokens. Traders who had been on the sidelines made buys after 
recent rallies, and funds that track these assets reported higher trading 
volumes. That increase in trade activity helped push the headline inflow 
number into view. A few market watchers said the move looked like accumulation 
by longer-term holders, while others warned that part of the money could be 
short-term positioning around events and news. Ease Of Access Draws 
Institutional Money For many institutions, these products are more familiar 
than direct custody of crypto. Brokers and wealth managers can put them on 
client platforms with the same tools they use for stocks and bonds. Some banks 
and advisers have started to offer these ETPs as part of broader portfolios, 
which has helped open a new tap of capital. That said, differences in rules 
across countries still shape where the biggest flows land. Where The Money 
Went And What It Means Bitcoin ETPs were the main beneficiaries, taking most 
of the $2.2 billion. Ether funds also saw healthy inflows, and a small number 
of altcoin products attracted fresh cash. Related Reading: Bitcoin Bulls Fired 
Up As Saylor Teases ‘Bigger Orange’ After Huge Buy The data shows demand is 
not limited to a single corner of crypto anymore. Instead, investors are 
spreading bets across the biggest names while a few niche tokens get tested. 
This could mean more stable demand for core products, even when smaller tokens 
wobble. Featured image from Unsplash, chart from TradingView

Cryptocurrency price in SAR