Cryptocurrencies traded in a tight sideways range on Thursday, awaiting the release of inflation data on Friday.

Notable Statistics:

• IntoTheBlock data shows large transaction volume decreasing by 4.2% and daily active addresses growing by 5.2%. Transactions greater than $100,000 are up from 9,714 to 9,796 in a single day. Exchanges netflows are down by 90.5%.
• Coinglass data reports 95,153 traders were liquidated in the past 24 hours for $213.18 million.

Notable Developments:

• Morpheus Unveils Decentralized AI Forge For Smart Agents, Simplifying Development
• Germany Sold Its Bitcoin In 2024—Now It May Be Considering To Hike Crypto Taxes
• Intercontinental Exchange And Circle Sign Memorandum To Explore USDC Integration
• Will Trump’s 25% Auto Tariffs Take A Toll On Bitcoin?
• Robinhood Reinvents Private Banking With ‘Schwab for Everyone’ Vision, Says Bernstein

Top Gainers:

Trader Notes: Benjamin Cowen warns of an impending Bitcoin death cross, historically aligning with local lows.

CryptoCon sees Bitcoin’s cycle resembling 2015–2017, featuring healthy retests rather than bearish ones, which typically signal a First Cycle Top or bear market.

Crypto Caesar warns not to expect much from Bitcoin at resistance. For further momentum, BTC needs to break this level.

Bitcoin bulls are defending support, according to The Cryptomist. Holding this level is crucial to avoid bearish retests. Bulls need to break $87,700 to push towards $90,00.

Read Next: 

• If You Invested $1,000 In Bitcoin When Jim Cramer Told GameStop To ‘Buy A Ton Of Bitcoin,’ Here’s How Much You’d Have Today

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