Bitcoin's price climbed above $79,900, continuing a strong August with nearly 25% gains, its best in nine years. The rise was supported by a weaker dollar and positive momentum in altcoins like Arbitrum, which surged 17%. Despite this, Bitcoin remains the market leader, with resistance near $82,800 ahead. The Altcoin Season Index indicates altcoins are gaining interest but have yet to outperform Bitcoin consistently. Traders show optimism with active call options at higher strike prices, signaling potential further gains for Bitcoin.
Bitcoin surged above $81,000, pushing its market cap over $1.62 trillion as geopolitical tensions between the US and Iran eased. This rally triggered a massive short squeeze, liquidating over $415 million in short positions across crypto derivatives....
Cryptocurrency markets are experiencing widespread gains, with Bitcoin rising over 4% to above $80,900. Major altcoins such as Ethereum, Binance Coin, and Cardano also saw significant increases, with ADA up nearly 14% and Zcash surging over 16%. Thes...
Bitcoin has experienced extreme fund flows in both directions for six consecutive days, a pattern that historically signals upcoming price declines. Data from CryptoQuant shows that Bitcoin inflows peaked near 50,000 BTC in late June, coinciding with...
Bitcoin surged over 4.5% to above $80,000 after Federal Reserve Governor Christopher Waller suggested the Fed might hold interest rates steady in September if inflation data shows cooling. This eased fears of a rate hike, weakening the dollar and boo...
Bitcoin surged above $81,000 following reports that President Trump is considering officially declaring the Iran war over, driven by political pressure ahead of midterm elections. Meanwhile, Federal Reserve Governor Christopher Waller signaled a poss...
