Bitcoin's 200-week moving average, a key long-term support indicator, has surpassed $65,000 for the first time, marking a historic milestone. This moving average reflects Bitcoin's price trend over four years and has traditionally acted as a strong price floor, rarely breached except during major economic crises. The rise suggests Bitcoin's structural baseline is strengthening, making future drops below $65,000 unlikely. Currently, Bitcoin trades above this support line, indicating strong demand from long-term holders and a reduced risk of significant price declines below this threshold.
Bitcoin's price increased by 1.37% to $84,186 as the total cryptocurrency market capitalization dropped 2.35% to $2.83 trillion. While Bitcoin gained, the broader market contracted, with trading volume at $58.32 billion. Other major cryptocurrencies ...
Bitcoin rebounded to nearly $84,000 after slipping earlier in the week, shrugging off $681 million in outflows from U.S.-listed spot bitcoin ETFs, the largest since June. The decline in oil prices, partly due to eased U.S. sanctions on Russian diesel...
On October 12, Filecoin (FIL) led the largest cryptocurrencies with a 14.75% increase to $1.24, continuing its recent strong performance. This rise was part of a broader market uptrend where 72 of the top 90 cryptocurrencies gained value. Other notab...
Crypto markets showed mixed results with Layer 2 tokens leading gains, rising 6.62%, including Starknet up 111.53%. Bitcoin climbed 1.43% above $83,000, while Ether edged up 0.14% over $2,500. DePIN assets advanced 6.24%, led by Grass with a 49.41% j...
Bitcoin has been trading in a narrow range around $82,000 to $83,000, disappointing many investors expecting a strong October rally known as "Uptober." This contrasts sharply with October 2025, when Bitcoin hit an all-time high above $126,000 before ...
