Bitcoin's price outlook is bullish as strong inflows into U.S. spot bitcoin ETFs, totaling over $600 million in early September, support a recovery above $80,000. Producer Price Index data showed slightly higher inflation, but markets had anticipated this, keeping bitcoin near key support levels. Additionally, growing investor risk appetite is reflected in altcoin gains, with Ethereum and Hyperliquid showing notable strength. Analysts predict a potentially explosive fourth quarter with bitcoin possibly reaching $100,000, contingent on upcoming inflation data and Federal Reserve policy decisions.
Bitcoin fell back to around $83,300 after briefly surpassing $86,400, with the $81,300 level now critical as a support threshold. A sustained break below $81,300, combined with outflows from US bitcoin ETFs and loss-making sales by recent investors, ...
Bitcoin is currently trading at a $64 discount on Coinbase compared to global exchanges like Binance, marking the longest negative Coinbase premium streak of over 77 days. This persistent discount signals ongoing selling pressure or weak demand from ...
BlackRock's IBIT ETF received a large transfer of 1,426.47 Bitcoin valued at $119 million from Coinbase Prime, signaling increased institutional interest. Meanwhile, Wintermute sold 619.59 Bitcoin worth $51.7 million through Binance, indicating activ...
More than $600 million in leveraged long positions were liquidated across cryptocurrency markets as Bitcoin fell from above $87,000 to near $83,000. This decline pressured traders who had bet on further price increases, forcing many to exit their pos...
Michael Saylor has rejected claims that Bitcoin derivatives like Strategy's digital credit products limit Bitcoin's price potential, including the $1 million target per coin. He argues these products increase capital inflow to Bitcoin without changin...
