Bitcoin surged 4.37% following a cooler-than-expected CPI report, which reduced market fears of a rate hike and boosted risk appetite. This shift is supported by rising long positions and strong on-chain fundamentals, including increased wallet holders and significant Wrapped Bitcoin outflows to DeFi. Analysts now see a realistic path for Bitcoin to break above $66k and possibly reach $70k-$75k by the end of the month, with some targeting $100k by quarter-end based on improving macro and technical factors. The rally reflects growing investor confidence and a potential end to recent volatility.
Bitcoin fell below $64,000 on August 11, 2026, testing a key support level around $63,800 as traders await the US Consumer Price Index (CPI) report. The market shows cautious positioning with Bitcoin trading in a tight range between roughly $63,766 a...
Cryptocurrency prices are fluctuating with Bitcoin trading near $64,280, down 0.9%, and Ethereum at $1,889.83, down 1.2%. Some altcoins like LINK and CRV have seen significant gains of 5% and 11.7% respectively, while others like XRP and ADA are down...
Bitcoin possibly established its macro cycle bottom at $57,735 on July 1, the first day of Q3 2026, according to quarterly Bollinger Bands analysis. This key support level was tested and confirmed by a rebound, suggesting strong buying interest. Howe...
Bitcoin has fallen about 20% over the past three months, trading near $64,000, while the S&P 500 gained around 5% and hit record highs. This divergence is unusual as Bitcoin typically moves with growth stocks, but now it is declining despite a strong...
Bitcoin price fell below $64,000 on August 11 due to rising oil prices and uncertainty ahead of the U.S. July Consumer Price Index (CPI) report. The price briefly dropped to around $63,852 before recovering slightly, with key support at $63,900–$64,0...
