Bitcoin experienced a sharp flash crash, dropping over 6% after rising more than 25% this week and nearly touching $80,000. Despite this, BTC remains up over 21% for the week, indicating a healthy correction rather than a major crash. Strong inflows into Bitcoin ETFs, totaling $507 million on August 19, highlight continued investor demand, led by the IBIT ETF. Additionally, over $5 billion in short positions have been liquidated this month, suggesting a significant short squeeze that could fuel a new bullish phase for Bitcoin. The combination of technical resilience, ETF inflows, and deleveraging points to a potential strong recovery and growth ahead.
Bitcoin surged over 20% in a single week, rising from around $62,700 to $79,500, marking one of its strongest weekly gains in recent years. This rally mirrors past major market reversals seen in 2019 and 2023, suggesting a possible new bull market cy...
A crypto analyst known as DonAlt shared bullish price targets for Ethereum and Bitcoin, suggesting Ethereum could hit $4,000 and potentially surge to $10,000 if strong resistance is overcome. Currently trading above $2,400, Ethereum faces a key resis...
Michael Saylor, Executive Chairman of Strategy Inc., highlights bitcoin's core innovation as its ability to convert economic energy into digitally controlled value across individuals, companies, machines, and nations. This concept frames bitcoin as a...
XRP is experiencing its biggest weekly gain since late 2024, rising between 30% and 67% after the US Treasury announced it would double its long-term bond buyback program from $2 billion to $4 billion per operation starting September 9. This move has...
Bitcoin's price fell from a high of $79,473 to $75,568 due to short-term selling pressure near the $80,000 psychological barrier, but it maintained support above $75,000. This pullback reflects profit-taking by short-term holders who moved 53,000 BTC...
