Bitcoin fell 0.69% to around $64,384 after hitting resistance near $64,800–$65,000, pressured by strong US labor market data showing jobless claims below expectations and increasing odds of a Fed rate hike in September. Rising crude oil prices and geopolitical tensions in the Strait of Hormuz also weighed on risk assets. Despite the dip, Bitcoin spot ETFs saw a significant inflow of $626 million in early August, a sharp rise from July's $172.4 million, indicating renewed investor interest amid market uncertainty. The market now assigns a 54.71% chance of a 25-basis-point Fed rate increase next month, with investors closely watching Fed communication strategies.
Bitcoin's price climbed about 3% to around $79,143 after touching $79,325, driven by U.S. President Trump's comments suggesting Iran seeks a deal with Washington, despite Iranian media denying this. The geopolitical tensions have kept oil prices abov...
Bitcoin remains stuck in a narrow range between $76,000 and $82,000 as traders await the Federal Reserve's interest rate decision. Large leveraged positions near these levels create significant liquidation risks, with $1.95 billion in short positions...
Bitcoin traded near $78,700 and XRP around $1.41 as investors awaited the U.S. Senate's procedural vote on the CLARITY Act, which could reshape crypto market regulations. The broader crypto market saw a 1.32% gain, driven by optimism about the bill, ...
Cryptocurrency markets exhibit varied price changes, with Bitcoin rising 2.12% to $78,941 and Ethereum up 1.02%. Significant gains are seen in XLM (+9.12%) and NEAR (+9.52%), indicating strong interest in these altcoins. Meanwhile, some tokens like R...
Bitcoin's price climbed back above $78,000 after dipping to $76,464, driven by renewed optimism around the CLARITY Act as House Democrats debated the bill. Despite initial volatility wiping out $223 million in leveraged crypto positions, the cryptocu...
