Bitcoin traded near $79,100, unable to sustain above $80,000, as investors await three critical US events: weekly jobless claims on Sept. 10, August's inflation data on Sept. 11, and the Federal Reserve's rate decision on Sept. 15-16. The market's expectation of a possible rate hike has increased, impacting Bitcoin's price momentum. Despite price stagnation, institutional demand remains strong, with spot Bitcoin ETFs holding over $101 billion in assets. Technical resistance at $81,000-$82,000 remains a key barrier, with a break above potentially pushing prices toward $85,000. The upcoming economic reports and Fed decision are likely to determine Bitcoin's next major price move.
Crypto commentator Austin Hilton highlighted that limited liquidity and ongoing economic uncertainty are preventing crypto markets from sustaining a strong rally. While positive factors like Bitcoin strength, improved social sentiment, and clearer U....
A Bitcoin whale made $1.36 million through eight successful short trades over 20 days. Following this, the whale executed three large trades totaling nearly $25 million in a single day, with exit plans prearranged. This activity suggests a strategic ...
Significant Bitcoin transfers into Fidelity and BlackRock ETF wallets, totaling over $54 million, indicate renewed institutional interest despite recent price weakness. Additionally, 40 new wallets withdrew approximately 9,458 BTC worth $771.5 millio...
Technology stocks and Bitcoin declined sharply as investors moved toward safer assets like U.S. Treasurys, causing the 10-year Treasury yield to drop below 5%. The Philadelphia Semiconductor Index fell 6.7%, and the Nasdaq Composite dropped 2.6%, mar...
Bitcoin's price climbed back above the key $80,000 level after ETF inflows returned on October 19, signaling renewed investor interest despite subdued trading activity. U.S. spot Bitcoin ETFs and corporate treasury holdings have average cost bases ne...
