Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin rises nearly 11% in Q3, its best third quarter since 2021, but questions remain on sustainability.

Market News
10 Aug 2026
Bitcoin
View Source
Bullish
pluang ai news

Bitcoin has gained nearly 11% in the third quarter of 2026, marking its strongest Q3 performance since 2021. This rebound follows a difficult first half of the year when Bitcoin dropped significantly, falling about 50% below its October 2025 peak of $126,209. The July rally, which contributed most of the quarterly gains, was driven mainly by spot and derivatives market activity rather than institutional ETF inflows, raising questions about the durability of the rebound. Additionally, Bitcoin's price is near miners' production costs, which may limit further downside but also caps upside without new catalysts. Historically, August tends to be a weak month for Bitcoin, suggesting possible consolidation or pullback ahead.

More News (BTC)

Hedge funds flip to net long on CME bitcoin futures, signaling bullish bets amid bitcoin price rebound.

Hedge funds flip to net long on CME bitcoin futures, signaling bullish bets amid bitcoin price rebound.

Hedge funds trading bitcoin futures on the Chicago Mercantile Exchange (CME) have shifted from a long-standing net short position to a net long stance, according to CryptoQuant CEO Ki Young Ju. This rare change reflects a move away from the tradition...

Market News
Bullish
5 hours ago
XRP drops 5% amid regulatory delays, while crypto market cap rises to $2.19T

XRP drops 5% amid regulatory delays, while crypto market cap rises to $2.19T

XRP fell about 5% last week to around $1.03, underperforming as Bitcoin, Ethereum, and Solana gained 1-4%. The overall crypto market cap grew 1.4% to $2.19 trillion. XRP ETF inflows plunged 93% to $1 million, reflecting investor caution amid postpone...

Technical Signals
Bearish
7 hours ago
Bitcoin holds above $65,000 despite Senate delay on CLARITY Act, boosted by ETF inflows and softer dollar.

Bitcoin holds above $65,000 despite Senate delay on CLARITY Act, boosted by ETF inflows and softer dollar.

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 ...

Market News
Bullish
7 hours ago
Bitcoin briefly tops $65,000 amid weak US jobs data and strong ETF inflows

Bitcoin briefly tops $65,000 amid weak US jobs data and strong ETF inflows

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...

Market News
Bullish
7 hours ago
Veteran trader Peter Brandt signals potential Bitcoin decline amid head-and-shoulders pattern.

Veteran trader Peter Brandt signals potential Bitcoin decline amid head-and-shoulders pattern.

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...

Technical Signals
Bearish
8 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App