Bitcoin surged nearly to $70,000 following the US Treasury's announcement to double bond buybacks to $4 billion, triggering $1.9 billion in total liquidations, mostly from short positions. This move reflects growing concerns over rising US debt servicing costs, projected to reach $1.7 trillion by 2028. Bitcoin's rally contrasts with muted reactions in US equities, signaling investor fears of faster dollar devaluation and positioning bitcoin as a hedge against fiscal risks. The surge also boosted Strategy's stock significantly, showing strong correlation with bitcoin's momentum.
Former President Donald Trump announced that the US government is considering purchasing a significant amount of Bitcoin, continuing its policy of maintaining a Strategic Bitcoin Reserve. The US currently holds about 328,000 BTC, making it the larges...
Bitcoin surged to nearly $69,000, marking its first rise above $68,000 since June, and triggered the largest-ever daily short liquidation volume of about $1.1 billion in perpetual futures. This historic liquidation surpassed previous peaks from 2021 ...
Bitcoin has dropped 48% from its October 2025 peak, with long-term holders selling 356,000 BTC in 30 days, reducing their supply share below 60%. VanEck's analysis shows 8 of 12 capitulation signals active as of August 2026, indicating a market purge...
The total cryptocurrency market capitalization surged by $113 billion in one day, driven by gains in Bitcoin and Ethereum, pushing the market cap close to $2.3 trillion. Despite this rally, the market remains fragile after losing about $780 billion e...
Bitcoin's volatility has dropped to levels lower than 98.5% of its historical data, while spot trading volume is at its lowest since 2019, indicating a quiet market. Despite this, institutional investors, including Fidelity clients, have made signifi...
