Bitcoin climbed nearly 2% to over $78,000 as the broader cryptocurrency market advanced, defying losses in technology stocks and rising oil prices. Ether and XRP also saw notable gains, while traditional markets like Nasdaq futures and gold declined. The crypto rally contrasts with tech stock drops triggered by calls to slow AI development and geopolitical tensions affecting oil prices. Bullish sentiment in crypto is growing steadily, supported by increasing open interest and positive funding rates, suggesting sustained investor confidence despite broader market uncertainty.
Bitcoin faced significant outflows from US spot ETFs, totaling $729 million over two days, signaling weakening demand. Bitunix analysts highlight $82,800 as a crucial level for Bitcoin to reclaim to confirm a recovery and potentially test $85,000 to ...
Bitcoin's price has bounced back toward $83,000 after dipping to around $80,400, with key support identified between $79,600 and $80,400. While daily momentum indicators show weakening upward strength, the weekly chart suggests a potential recovery i...
Wallets linked to a $90 million Ledger distributor hack transferred 430.2 ETH (about $1.07 million) to Tornado Cash on Oct. 9, following Tether freezing related funds. The operators also swapped some USDT for USDD and moved part of the assets to a Bi...
Cosmos Hub surged 18.13% to $2.00, leading gains among 78 advancing cryptocurrencies in the 24 hours ending Oct. 9. Polkadot, Pyth Network, Aptos, and XDC Network also posted double-digit increases. Meanwhile, Bitcoin rose 2.11% to $82,743 and Ether ...
Bitcoin fell to $80,420, its lowest in October, during a period when government-linked wallets moved 17,733 BTC worth about $1.48 billion to Coinbase Prime. Additionally, 750 WBTC valued at $62 million were transferred. These movements did not confir...
