Bitcoin surged 2.6% to over $64,000 on Monday, marking its best daily gain in over a month and outperforming the S&P 500, which fell 0.52%. This is notable as Bitcoin has underperformed the S&P 500 on about two-thirds of trading days in the past three months, partly due to the recent AI stock rally and Bitcoin's current bear market phase. The cryptocurrency's move opposite to U.S. stocks highlights its potential as a distinct asset class, especially as it approaches the expected bottom of its four-year cycle later this year.
Bitcoin's price rebounded strongly to $64,500 after briefly dipping below a key bull market trendline. Technical patterns like a falling wedge breakout, a double bottom, and an inverse head and shoulders suggest this could be the bottom of the recent...
Bitcoin ETFs saw over $500 million in net inflows in Q3, though this only partially offsets $4 billion withdrawn in June. Jane Street notably increased its Bitcoin ETF holdings by around $630 million in Q2 after a sharp sell-off in Q1, signaling rene...
Bitcoin climbed back above $64,000 after a dip below $63,000, yet the broader crypto market remains mixed with XRP and BNB falling and Bitcoin dominance rising to 58.8%. Spot Bitcoin ETFs experienced significant outflows last week, signaling reduced ...
Bitcoin climbed to around $64,262, up 1.2% in 24 hours, staying within its $60,000-$66,000 range amid mixed market moves. Venice Token led top 100 gainers with a 12.5% rise, while some altcoins like Worldcoin and Filecoin fell sharply. Bitcoin's mome...
Bitcoin remains near $64,000 amid market uncertainty, holding its role as crypto's benchmark with strong institutional support. Ethereum fell below $1,900 but attracted $103.9 million in U.S. ETF inflows, signaling resilient demand. Solana upgraded i...
