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's price fell 7.59% from $87,000 to $80,393 between October 5-8 but has since rebounded to $82,800. Despite a generally bullish longer-term trend, market indicators like elevated stress levels and net Bitcoin inflows to exchanges suggest cauti...
Matt Hougan, CIO of Bitwise Asset Management, suggests Bitcoin could reach a $30 trillion market value by following a growth path similar to gold's expansion after its ETF launch. He highlights that institutional access via ETFs, which started in 202...
South Korea's crypto market showed renewed risk appetite with a 79% advancer ratio among major tokens. Bitcoin traded slightly higher at 113.13 million won, while Ethereum also rose. Starknet on Bithumb led gains with a 51.3% jump, supported by stron...
Bitcoin increased by 0.60% to $83,051 even as the total cryptocurrency market value dropped 1.73% to $2.82 trillion. Other major tokens like Ether, XRP, BNB, Solana, and Dogecoin also saw modest gains. NEAR Protocol led the top 38 cryptocurrencies wi...
One year after a historic $19 billion liquidation wiped out over 1.6 million crypto traders following a tariff announcement, Bitcoin's price remains about 34% below its October 2025 peak of $126,080, currently trading near $82,700. The crash exposed ...
