Bitcoin's price is consolidating between $77,000 and $78,000 after a recent rally that pushed it above $80,000. This pause reflects a balance between buyers and sellers amid increased volatility caused by renewed U.S.-Iran tensions, which have pressured the crypto market. Despite the pullback, analysts see this consolidation as a normal correction phase and believe Bitcoin is setting up for a breakout toward $98,000-$100,000 by October, with potential for further gains in the following months.
Bitcoin price dropped below $77,000 following fresh US military strikes on Iranian targets near the Strait of Hormuz, which pushed oil prices above $90 per barrel. This geopolitical escalation led to about $115 million in long crypto position liquida...
Japan's 30-year government bond yield neared a historic high of 4.205%, with the 10-year yield reaching 3% for the first time since 1996, driven by US pressure for rate hikes and a stronger yen. This surge disrupts the yen carry trade, which has fund...
Bitcoin surged about 25% in August, making it the third-best August in its history, a month usually seen as weak for the asset. This strong performance reflects a mix of price momentum, investor demand, and improving sentiment, though no single cause...
Bitcoin fell below $77,000 following US airstrikes on Iranian targets near the Strait of Hormuz, confirmed by President Trump as retaliation for Iran's failed sea mine attempt. The strikes heightened geopolitical risks, pushing Brent crude oil prices...
U.S. spot Bitcoin ETFs attracted nearly $1 billion in inflows during the week ending August 28, marking nine consecutive days of net inflows. Despite this strong institutional demand, Bitcoin's price failed to sustain above $80,000, retreating to jus...
