Bitcoin Price Reaches Key Support, Why BTC Could Start Fresh Increase

Bitcoin price is correcting gains from well above $35,000 against the US Dollar. BTC is approaching major support near $32,350, where the bulls might take a stand. Bitcoin failed to stay above the $35,000 support zone and it started a fresh decline. BTC broke the $34,000 support zone to move into a short-term bearish zone.

Ethereum bulls chase $2,200 ahead of Friday’s $230M ETH options expiry

A $2,200 Ethereum price would give bulls a $28 million advantage in this week’s ETH options expiry, but traders are more focused on the impact of the London hard fork in mid-July. Ether's (ETH) $1.5 billion monthly expiries on June 25 was slightly favorable for bears, and at the time, Cointelegraph reported that the $2,200 price was critical to eliminate 73% of the neutral-to-bearish put options.

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