Bitcoin surged above $81,000 following comments from Federal Reserve governor Christopher Waller suggesting rates may stay unchanged if inflation data improves. This eased fears of another rate hike, causing US Treasury yields and the dollar to weaken, which boosted risk assets including Ethereum, XRP, and Solana. Crypto-linked stocks like Robinhood and Coinbase also rallied strongly. However, caution remains as ETF outflows and stablecoin stagnation suggest the rally may be driven by short-term trading rather than long-term demand. Upcoming US jobs and inflation data will be key to sustaining momentum.
The probability of a Federal Reserve rate hike in September has fallen to an even 50/50, down from 70% just a day earlier, according to CME's FedWatch tool. This shift coincides with Bitcoin rallying toward $82,000 as market expectations for aggressi...
Bitcoin rallied strongly in August, rising nearly 25%, but market sentiment remained weak and cautious. Traders are increasingly long on Bitcoin, expecting a breakout above $80k, yet technical signals and on-chain data suggest downside risks. Ethereu...
Bitcoin's price surged above its 50-week moving average near $81,041, reaching around $81,797 before settling near $81,400. This move places the cryptocurrency close to a critical resistance zone between $82,000 and $83,000, with $82,814 identified a...
The global cryptocurrency market cap surged by $135 billion in 24 hours, pushing the total to around $2.7-$2.82 trillion. Bitcoin approached $81,000, with Ethereum near $2,500, reflecting broad positive sentiment across major crypto assets. This mark...
Cryptocurrency markets are experiencing widespread price increases, with Bitcoin trading above $81,800, up nearly 6%. Major altcoins like Ethereum, Binance Coin, and Cardano also saw significant gains, reflecting growing investor interest. This upwar...
