Bitcoin surged past $80,000 for the first time since May 2026, rising about 38% from lows near $58,000 in late June and early July. This rally was supported by $1.9 billion in weekly inflows into U.S. spot Bitcoin ETFs—the highest since October 2025—and U.S. Treasury buyback programs that lowered yields, boosting risk assets. Over $220 million in short positions were liquidated as Bitcoin crossed $80K, and technical indicators suggest the bear market may have ended. Investors now watch upcoming U.S. inflation data for further market direction.
US-listed spot Bitcoin ETFs experienced $115.6 million in net outflows on November 3, following larger withdrawals earlier in the week, totaling about $514.2 million in early November. Despite these outflows, Bitcoin's price recovered from a dip to a...
Bitcoin's price increased by 2.43% within four hours, reaching $78,016 on Binance's BTC/USDT spot market as of 2 a.m. ET on November 4. This rise extends a 24-hour gain of 1.83%, highlighting continued positive momentum for the largest cryptocurrency...
Bitcoin initially dropped below $76,000 following reports of a Democratic sweep in Congress but quickly recovered its losses within hours. The market reaction was influenced by the potential impact of the CLARITY Act, which aims to clarify regulatory...
Bitcoin and five other major cryptocurrencies saw price gains over 24 hours, with Bitcoin up 1.42% to $77,858 and Ether rising 1.79% to $2,291. Despite these gains, the total crypto market capitalization fell by 1.21% to $2.63 trillion, indicating mi...
Bitcoin dropped below $76,000 for the first time since mid-September, triggering nearly $250 million in leveraged position liquidations. The selloff was driven by $398.6 million in outflows from US spot Bitcoin ETFs, especially BlackRock's IBIT fund,...
