Bitcoin spot ETFs attracted $273 million over two weeks, ending an $8 billion outflow streak, but this inflow barely covers the smallest weekly outflow during that period. The recent Bitcoin price rebound is driven mainly by derivatives rather than spot demand, raising concerns about a potential sharp sell-off if leveraged positions unwind. Bitcoin is currently testing a key resistance zone near $65,700, with technical indicators suggesting cautious optimism but no confirmed bull run yet.
Bitcoin recently rose above its 365-day moving average for the first time in 310 days, a pattern that historically preceded significant 12-month gains in similar past instances. Analysts at Altcoin Pro highlight that the key bullish signal depends on...
Bitcoin's price remained around $84,000 after dropping sharply from $87,000, triggered by over $80 million in long position liquidations out of $110 million total. The price fluctuated between roughly $82,870 and $84,830, showing volatility but holdi...
Bitcoin fell to around $84,490 from a recent high of $87,397 as traders anticipate a 75% chance of a Federal Reserve rate hike in October, driven by persistent inflation concerns. This potential rate increase typically strengthens the dollar and rais...
Bitcoin's price dipped below $75,000 after the U.S. Senate failed to pass the CLARITY Act but rebounded above $80,000, trading at $84,752 as of Sept. 24. Analyst Willy Woo estimates a 90% probability that Bitcoin's market bottom is already in, based ...
Bitcoin experienced a sharp price drop from around $9,400 to $8,300 within minutes, losing about 16% in value. This decline followed a mysterious 40% drop in Bitcoin's hashrate, which affects network security and miner power. The cause of the hashrat...
