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June 12, 2026

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  • CryptoQuant warned that the realized price of Bitcoin, which is approximately $53,600, should not be seen as a verified cycle low.
  • At the time of writing, BTC is trading at $63,106, up 3.24% in the last 24 hours as per data from CMC.

The crypto analytics company CryptoQuant suggests that Bitcoin’s price could be bottoming out about $53,600, while the experts at The DeFi Report are predicting that, despite the possibility of more drops, the current market circumstances are similar to purchasing opportunities during bear markets in the past. At the time of writing, BTC is trading at $63,106, up 3.24% in the last 24 hours as per data from CMC.

Although CryptoQuant warned that the realized price of Bitcoin, which is approximately $53,600, should not be seen as a verified cycle low, the business did say that it marks a possible value bottom.

Shifting Market Sentiment

At the time of the evaluation, Bitcoin has already seen its third drop of over 25% during the present decline. Market demand is still “deeply unfavorable,” according to CryptoQuant, even if they have found a potential value bottom. Total Bitcoin demand declined by around 652,000 BTC last week, according to the business, while spot Bitcoin ETF demand plummeted to minus 74,000 BTC in the preceding 30 days.

Investors are still trying to make sense of the Middle Eastern geopolitical issues, the continuous spot ETF outflows, and the rising fears that money is leaving crypto assets for more prominent technological prospects. U.S. spot Bitcoin ETFs had net withdrawals of $213.8 million on June 10, according to SoSoValue data, bringing the current losing streak to four sessions in a row.

The funds left Bitcoin investment products after a small influx of $3 million on June 4, which momentarily halted a 13-day outflow run that had seen $4.33 billion depart. The latest slump has seen the elimination of one of the market’s major demand drivers due to the persistent selling pressure.

On spot trades, institutional sentiment has also diminished. The Coinbase Premium Index entered negative territory earlier this month, indicating that investors headquartered in the US were selling Bitcoin at a faster rate than dealers on overseas platforms. Meanwhile, a tidal wave of forced liquidations swept across the futures markets, wiping out leveraged positions worth over $1.7 billion during the selloff.

Highlighted Crypto News Today:

Bitcoin Miners Face Revenue Crunch as BTC Tests Key Support

Hamster Kombat (HMSTR) surged 47.6% in a single 24-hour period on June 12, 2026, reaching an intraday high of $0.0003841 before easing back to around $0.00026.

The rally came just days after the token touched its all-time low of $0.0001264 on June 4, highlighting a sharp reversal in sentiment.

What is causing the Hamster Kombat (HMSTR) price to rally

A key catalyst behind the recent rally in Hamster Kombat (HMSTR) appears to be the launch of a decentralised autonomous organisation (DAO) roughly two weeks before the price surge.

The initiative gives token holders a formal role in shaping the project’s future, marking a notable shift for a game that has spent much of the past two years rebuilding credibility following its controversial 2024 airdrop.

That distribution included lock-up restrictions that prevented recipients from immediately selling their tokens, triggering significant community backlash and contributing to a prolonged decline in HMSTR’s price.

While the DAO launch did not trigger an immediate rally, it helped revive interest in the project and repositioned Hamster Kombat as more than a fading Telegram-based tap-to-earn game.

Beyond a recent social media post related to the 2026 World Cup, the DAO rollout has been widely viewed as the primary catalyst behind the latest move.

Trading activity supports that view. HMSTR recorded a roughly 1,300% increase in volume, with 24-hour turnover climbing to about $117.9 million from previously muted levels.

Such a sharp increase in volume alongside a strong price rally typically indicates broader market participation and renewed investor interest.

Adding weight to the bullish case, the Chaikin Money Flow (CMF) indicator crossed above the zero line during the breakout, confirming that capital was flowing into the asset.

The HMSTR price also crossed above both the 50-day and 100-day exponential moving averages (EMAs) simultaneously, a setup that, if sustained, could produce what technical traders refer to as a golden cross, where the price also climbs past the 200-day EMA.

CMF and EMAs on the Hamster Kombat (HMSTR) price chart

Where the HMSTR price goes from here

The 7-day performance stands at +119.6%, and the 14-day and 30-day figures come in at +106.2% and +101.4% respectively, a consistent climb that started building before the single-day 47.6% spike.

If bulls hold on, the next major test is $0.00040, which was breached on November 5, 2025.

But the market is heavily overbought, with the RSI (14) at 77.71, and it is the reason it has pulled back below $0.00026 within such a short time.

HMSTR is heavily overbought

If the correction continues, the $0.00020–$0.00021 range is the critical floor, which, if broken, could see the token fall back to its previous lows.

A pullback that holds above this level would keep the bullish structure intact, but a break below it would cancel the current bullish momentum.

The post Hamster Kombat (HMSTR) price jumps 47% in a day: Here’s why the crypto is rising appeared first on Invezz