Bitcoin's price is approaching $80,000 again, currently trading around $79,031 after a 1.9% rise in 24 hours. Data from CryptoQuant shows a shift in Bitcoin's market structure from spot trading to futures and leverage-driven activity, often seen at the start of strong bull markets. Despite some seasonal concerns about September's historical performance, recent positive trends like increased Bitcoin ETF inflows and a sharp rise in the Bull Score from 30 to 80 indicate growing market momentum. The key resistance level to watch is $83,000, which could confirm a new bullish phase if surpassed; failure to do so might lead to price consolidation or a pullback.
Bitcoin has maintained its price above $79,000 following a significant rally of nearly 25% throughout August. This strong performance reflects growing investor interest and confidence in the cryptocurrency market. Additionally, Bitcoin's spot trading...
Bitcoin traded near $77,500 on September 1, down 1.6% after hitting an intraday high of $79,225. The decline was driven by rising oil prices and higher US bond yields, which increased concerns over potential Federal Reserve rate hikes. Despite strong...
The cryptocurrency market demonstrated resilience despite macroeconomic challenges, with institutional investors increasing capital in major altcoins like Solana and XRP. Bitcoin remained stable near $82,000 after a strong rally, while altcoins outpe...
Cryptocurrency prices are fluctuating with major coins like Bitcoin and Ethereum experiencing slight declines of 1.16% and 1.11% respectively. Other notable movements include UNI rising by 11.30% and ARB surging 25.06%, indicating selective investor ...
Hyperliquid (HYPE) has been added to the regulated Nasdaq CME Crypto Index, joining major cryptocurrencies like Bitcoin and XRP following a quarterly rebalancing approved by the SEC. Hyperliquid debuted with a 3.36% weighting, close to Solana's 3.79%...
