Bitcoin, currently down over 25% year-to-date and 48% below its October 2025 all-time high, is showing signs of a potential relief rally in August. Crypto ratings platform Weiss Crypto predicts Bitcoin could climb back above $70,000 next month, though this is unlikely to trigger a full bull run. Market data shows Bitcoin's structure remains fragile, with declining spot demand posing a risk to sustained gains. Despite this, Bitcoin has recently gained 4.89% over the past week and is valued at around $66,230 per coin, suggesting cautious optimism among investors.
Bitcoin recovered from an early dip around $63,750 to surpass $66,000, hitting a monthly high. This rebound helped the total cryptocurrency market capitalization increase by about $70 billion in a single day. The rise also led to widespread gains acr...
Bitcoin has rebounded about 15% from early July lows, climbing above $66,600 for the first time in over a month. Analysts from Bitfinex identify $68,000 as a crucial resistance level where many recent buyers might sell, potentially stalling the rally...
Russia's State Duma has passed a law recognizing major cryptocurrencies like Bitcoin, Ethereum, and XRP as legal property, allowing their use in commercial and cross-border transactions. Retail investors face an annual purchase cap of 300,000 rubles ...
Ethereum has surpassed the 10% threshold of total crypto market capitalization, marking its strongest weekly gain among the top cryptocurrencies with nearly a 9% increase. This surge outperformed Bitcoin and other major assets, driven by significant ...
Bitcoin shows signs of potential volatility as realized profits near $65k and spot demand weakens, raising risks of a sharp price drop. Despite this, whales have accumulated over 66,000 BTC during recent price dips, signaling strong conviction and a ...
