Polygon price continued its downward trend on Monday, June 23, dropping to its lowest level since April 9. Polygon (POL) plunged to a low of $0.1732, mirroring the broader sell-off in altcoins. The token is now down more than 77%…

Polygon price slowly forms a bullish pattern as stablecoin growth surges

HYPE is up 300%, and Hyperliquid leads the DEX perp market. But with a $38B 
valuation and just 21 validators, some question if the rise is sustainable.

Hyperliquid DEX token gains 300% in 2 months: Is the HYPE justified?

The company’s CEO described the stock tokenization as a “DeFi Lego block,” 
suggesting it serves as a foundational piece for decentralized finance 
adoption.

DeFi Development Corp stock to go onchain via Kraken

Most investors are buying the dip, but the most successful traders are going 
somewhere unexpected.

Bitcoin exchange outflows spike on Iran war: here’s what the whales are buying instead

Bitcoin briefly fell below the critical $100,000 level over the weekend, 
reaching a low of approximately $98,200 and triggering a wave of panic selling 
across crypto markets. The sharp drop came after news broke of US military 
strikes on Iranian nuclear facilities, a move that significantly escalated the 
already volatile conflict between Israel and Iran. The geopolitical shock sent 
global markets into risk-off mode, with Bitcoin reacting quickly to the 
growing uncertainty. Related Reading: Solana Cracks Below Key Structure – Head 
And Shoulders Breakdown Points To $106 Despite the weekend dip, BTC has since 
reclaimed the $100K mark, but sentiment remains fragile. Investors are now 
watching key technical levels closely to determine the next move. According to 
top analyst Ted Pillows, Bitcoin must hold the daily EMA-100 to avoid further 
downside pressure. A decisive close below this level could open the door for a 
deeper correction, especially if macroeconomic and geopolitical risks persist. 
As volatility spikes and fear grows, Bitcoin’s ability to maintain support at 
these levels may define whether the bull cycle continues or enters a prolonged 
consolidation phase. All eyes are now on the $100K zone, which has become a 
critical battleground for bulls and bears in a market driven by both 
technicals and global tension. Bulls Defend $100K As Dominance Rises and 
Market Faces Crucial Test Bitcoin is once again at a pivotal moment. After 
dipping below the psychological $100,000 level over the weekend amid growing 
geopolitical tensions, BTC quickly reclaimed this critical threshold, offering 
a glimmer of hope to market participants. Although bulls managed to push the 
price back up, the overall structure remains fragile, and technical indicators 
now carry more weight than ever. Ted Pillows noted in a recent update that 
Bitcoin must hold its daily EMA-100 to preserve bullish momentum. A daily 
close below $99,000 would confirm a break below this key support zone, likely 
triggering a retest of the $92,000–$94,000 region. Such a move could create 
significant downside pressure, particularly on altcoins, which are already 
lagging behind in performance. In Pillows&#8217; words, “If Bitcoin loses this 
level, alts will be annihilated.” Despite the looming risks, fundamentals 
remain solid. Bitcoin dominance continues to hover near its highest levels of 
the year, reflecting growing investor preference for BTC over high-beta assets 
during uncertain times. On-chain metrics still indicate strong holder 
conviction, and macro narratives continue to favor Bitcoin as a hedge amid 
fiat instability and rising geopolitical uncertainty. If Bitcoin can hold the 
$100K level and reclaim momentum, it could lead to renewed strength and 
eventually a push toward the $109K resistance zone. For now, however, bulls 
are on the defensive. Price action over the next few days will likely define 
the trajectory for the remainder of Q3, with a close watch on EMA support, 
macro headlines, and risk sentiment across global markets. Related Reading: 
Ethereum Weekly Chart Nears Tower Top Formation As US Launches Attack On Iran 
– Details Bitcoin Struggles Below Resistance Amid Bearish Price Structure The 
12-hour chart for Bitcoin reveals a bearish structure following the breakdown 
below the $103,600 support zone. After forming a symmetrical triangle 
throughout mid-June, BTC failed to break upward and instead reversed 
direction, confirming a downward breakout. This move triggered a sharp decline 
to $98,200 over the weekend, followed by a modest recovery to the current 
$101,250 level. The price is now trading below both the 50 and 100-period 
simple moving averages, which are beginning to curl downward, signaling a 
shift in momentum away from bulls. The 200-period SMA, currently near $95,600, 
stands as the next major support if downside pressure continues. Volume has 
picked up notably on the red candles, adding weight to the bearish case and 
confirming active selling during the recent drop. Related Reading: Ethereum 
Charts Signal Potential Bottom – All Eyes On Next Move Bitcoin must reclaim 
the $103,600 zone and hold above it to invalidate the bearish pattern and 
regain control. Failure to do so could result in further downside toward 
$95,000 and possibly even $92,000. As long as BTC remains below the broken 
triangle support and the $103K resistance, the path of least resistance 
remains downward. Bulls face an uphill battle, and confidence may erode 
quickly if the $100K psychological level is breached again. Featured image 
from Dall-E, chart from TradingView

Bitcoin Battles Key Support: Daily EMA-100 Must Hold to Prevent Deep Correction

The top cryptocurrency tumbled below $99,000 over the weekend after U.S. 
forces struck three key nuclear sites in Iran on Saturday evening. Bitcoin 
Bounces Back as Oil Drops After Iran Strike One hundred and twenty-five U.S. 
aircraft, including seven B-2 stealth bombers, departed from Whiteman Air Base 
in Ohio on Saturday. Later that evening, the […]