Bitcoin gained 20% in just five days, reaching $79,500 and approaching the $80,000 mark, a pace 140 times faster than the stock market's average annual return. This rapid rise was fueled by US Treasury bond buybacks and strong ETF inflows, but Bitcoin still trades 39% below its all-time high of $126,080. The price hit resistance at key levels near $79,500 and $80,000, with technical indicators showing an overbought condition. Analysts suggest a breakout is possible but unlikely over the weekend due to market liquidity and overhead supply, with the medium-term outlook depending on whether Bitcoin can clear these resistance layers.
Hedera Hashgraph's HBAR token gained 5.25% amid a crypto market rally, forming a double bottom pattern with strong support at $0.07. Analysts highlight a key resistance zone at $0.21-$0.22, which if broken, could confirm a bullish breakout targeting ...
Bitcoin broke a year-long downtrend, soaring to $76,945 fueled by a $606 million ETF inflow and US Treasury's bond buyback boost. Strategy's Bitcoin holdings climbed above $64.6 billion, returning the company to over $1 billion in unrealized profit. ...
Betting markets on Polymarket now assign a 59% probability that Bitcoin will reach $80,000 before the end of August, up sharply as Bitcoin surged over 21% this month to around $77,000. The rally was sparked by the US Treasury doubling bond buybacks, ...
Solana's price surged over 5% to $91.28, reaching above $90 for the first time in over three months, driven by the largest net inflows into U.S. spot Solana ETFs in three weeks totaling $14.59 million. This inflow boosted market liquidity and investo...
Bitcoin's price has surged past $75,000, breaking a nine-month downtrend with an 8.3% gain and strong buying pressure. The breakout above $75K signals a shift in momentum, with limited resistance ahead and potential for further gains toward the $83,0...
