Bitcoin surged past $79,000, pushing its market cap over $1.55 trillion and sparking a $1.22 billion short squeeze in crypto markets. This rally is driven by growing concerns over the US national debt exceeding $40 trillion, which has increased demand for alternative assets like Bitcoin. Strategy, a bitcoin-treasury company, returned to profit as its holdings gained value. Market sentiment remains bullish with 71% of prediction market traders expecting Bitcoin to surpass $80,000 next.
Bitcoin climbed above $75,000 for the first time in over three months, driven by the U.S. Treasury's plan to double buybacks of long-term securities and new crypto regulations proposed by the SEC. The rally also followed a significant short squeeze, ...
Bitcoin's price surged 4.57% to around $72,500, driven by strong inflows into Bitcoin ETFs totaling $472.2 million in one day and nearly $797 million over the past week. The cryptocurrency broke above the $67,333 resistance and moved past its 200-day...
Bitcoin is trading near $79,000, breaking past the $75,000 mark, with Vaneck's Matthew Sigel maintaining a target of $100,000 by 2027 and $500,000 by 2029. The 2029 target is linked to proposed U.S. Treasury purchases of up to 1 million BTC, which co...
Bitcoin surged past $77,000 on August 21, reaching a three-month high after a sharp five-day rally supported by strong U.S. spot Bitcoin ETF inflows totaling over $1.12 billion in two days. Concurrently, Bhutan's government moved 490.87 BTC worth abo...
Bitcoin price surged above $76,000 on August 21, marking its highest level since May, driven by strong institutional inflows and better U.S. liquidity conditions. U.S. spot Bitcoin ETFs attracted over $600 million in net inflows, signaling robust ins...
