Bitcoin surged above $65,000, gaining nearly 3% over the week, driven by a weak US jobs report that reduced concerns about further Federal Reserve rate hikes. Other major cryptocurrencies like ether, BNB, and Solana also posted gains, while XRP lagged behind. Global stocks remained near record highs, and oil prices rose due to Middle East tensions. The upcoming US inflation report is the next key event, with a hotter reading potentially pushing interest rates higher and pressuring bitcoin prices.
Bitcoin remained steady near $65,200, rising 3.7% over the week despite the U.S. Senate postponing the CLARITY Act vote until September. The market's resilience suggests the delay was already anticipated, with gains driven by investment flows rather ...
Bitcoin momentarily surpassed the $65,000 mark on August 10, buoyed by disappointing US July nonfarm payrolls that reduced expectations for further Federal Reserve rate hikes. The cryptocurrency gained 3.4% over the week, supported by strong institut...
Veteran trader Peter Brandt suggests Bitcoin may face a decline based on a head-and-shoulders chart pattern formed between April and June 2026. The pattern shows Bitcoin's price peaking near $82,000 in May before breaking below a key $75,000 neckline...
XRP's price dropped about 5% last week to around $1.03, underperforming as bitcoin, ether, and solana rose and the overall crypto market grew 1.4%. Although XRP-focused ETFs saw net inflows for a fourth consecutive week, new investments slowed sharpl...
A US congressman has introduced a bill to create a strategic Bitcoin reserve managed by the Treasury and to eliminate capital gains tax on Bitcoin transactions. This proposal aims to support institutional adoption and allow taxpayers to pay federal t...
