Bitcoin surged about 25% this week, reaching nearly $80,000 following the US Treasury's expansion of its long-term bond buyback program from $2 billion to $4 billion per operation. This move helped lower 30-year Treasury yields, easing pressure on markets and triggering forced liquidation of around $4 billion in short cryptocurrency positions. The rally was also supported by $1.6 billion inflows into US spot Bitcoin ETFs, with total ETF assets surpassing $85 billion. Analysts view this as a potential end to the bear market if Bitcoin sustains above the $78,000-$80,000 resistance zone, despite Treasury yields still near 5%.
Bitcoin's price faces strong resistance between $77,100 and $81,700 due to long-term holders selling up to 539,000 BTC in this range, creating a dense supply zone. The price must close above the 365-day moving average at $81,700 to confirm a bullish ...
Bitcoin's price experienced a volatile $3,215 intraday swing but settled around $77,300 with a modest 0.2% gain, reflecting a cautious market. The longer-term trend remains healthy, supported by strong moving averages, but short-term momentum is mixe...
A cryptocurrency whale that sold 50,600 ETH near the 2025 peak has spent $85.42 million in stablecoins to buy 1,075.6 BTC at an average price of $79,412 over four days. The whale still holds $74.32 million in stablecoins and is currently about $2.35 ...
Bitcoin surged above $79,000 after US core annual inflation dropped to a 66-month low of 2.4%, signaling easing inflation pressures. However, the monthly core CPI rose 0.3%, higher than expected, boosting the probability of a Federal Reserve rate hik...
Ethereum's price briefly surged to $2,665 on September 11, driven by a significant inflow of $216 million into Ethereum ETFs, the highest since late August. This rise occurred despite Goldman Sachs' warning of a likely 25 basis point rate hike by the...
