Bitcoin holders have realized net profits of 110,000 BTC since August 19 following a price rally from under $65,000 to over $82,000. Despite this profit-taking and signs of slowing demand, including weaker US buying and a negative Coinbase Premium index, the overall market remains bullish. The key resistance level to watch is $83,000, which corresponds to the 365-day moving average; a sustained close above this would confirm a stronger bull market. For now, the trend is cautious but not bearish, with profit-taking seen as a normal cooldown phase after a strong rebound.
Stock markets and assets like Bitcoin have fallen amid rising US 10-year bond yields, which recently peaked around 5.36% and now show signs of declining toward 4.7%. Bitcoin's price remains near the bottom of its trading channel, with mixed signals s...
Crypto Rover shared a long-term price outlook for several cryptocurrencies, setting XRP at $100 and Bitcoin at $1 million without specifying a timeline. Other targets include Ether at $50,000, BNB at $10,000, Chainlink at $2,000, and NEAR Protocol at...
In the latest 24-hour crypto fund flow data, Bitcoin (BTC) experienced a net outflow of $43.60 million, with $1.87 billion inflows and $1.92 billion outflows. Ethereum (ETH) led net inflows, attracting $77.08 million with $1.02 billion inflows agains...
Binance founder Changpeng Zhao (CZ) warns that AI does not need to break Bitcoin's cryptography to cause harm; instead, it amplifies phishing and social engineering by using leaked personal data combined with convincing AI-generated messages. He high...
Bitcoin's price fell slightly to $81,565, down 0.47% in the past 24 hours, while the memecoin Pepe surged 9.29% to $0.00000493. Earlier, Bitcoin had risen about 0.5% from midnight but experienced a 3.61% drop on Thursday. Ether also saw a modest gain...
