Global bond yields have surged, with the US 10-year yield nearing 5% and the UK 10-year yield heading toward 6%, signaling economic stress. This rise in yields has weighed on Bitcoin, pushing its price down to $76,500. Bitcoin is currently bouncing within a technical channel, but must break above $81,500 soon to confirm a bullish reversal. If bond yields continue climbing, they could suppress Bitcoin and other markets further, but a shift in momentum might still favor Bitcoin's recovery if it breaks key resistance levels by Sunday.
Bitcoin is trading close to $79,000 following August's Producer Price Index (PPI) data, which slightly exceeded expectations due to rising energy costs. Despite a small dip, Bitcoin rebounded toward $80,000 as investors balanced inflation concerns wi...
Data from crypto exchange Paybis shows Bitcoin remains the top choice for returning retail buyers, accounting for 42.67% of second transactions between 2023 and 2026. This share is nearly double that of Ethereum and stablecoins combined, which togeth...
A trader on Hyperliquid opened a massive 40x leveraged long position of 911.55 BTC worth about $70 million at an average price of $77,733. The liquidation price is $76,308.60, and Bitcoin's current price near $77,150 leaves less than 1% room before t...
ETHFI surged 10.2% to $0.6822, standing out as the top gainer while Bitcoin traded near $77,208, down 1.1% within its recent 30-day range. Despite a 4% drop in total crypto market cap to $2.64 trillion, Bitcoin dominance remains steady at 58.5%, indi...
Coinbase CEO Brian Armstrong predicts Bitcoin may reach $400,000 by 2030, a 420% increase from current levels, based on its four-year cycle pattern and recent market bottom. Key upcoming events like the CLARITY Act vote and the next Bitcoin halving s...
