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.
Strategy reported an estimated $20.91 billion gain on its Bitcoin holdings in Q3 2026 due to revaluation at market prices, increasing the balance sheet value to $70.82 billion from an acquisition cost of $63.95 billion. Despite this accounting gain, ...
Bitcoin fell 1.2% to about $85,600 after sellers rejected attempts to push it above $87,000 for the third time since September 23, signaling resistance at that level. Analysts note Bitcoin is nearing a critical point in a triangle pattern formed by r...
Bitcoin is trading close to $86,000 after briefly approaching $87,000, supported by softer US jobs data that lowered expectations for further Federal Reserve rate hikes. This easing in rate outlook has helped Bitcoin recover, as higher interest rates...
Lyn Alden explains that while AI technology can reduce costs in white-collar services, leading to price deflation in those sectors, it does not address broader monetary inflation caused by fiscal deficits and money printing. Scarce assets like Bitcoi...
A 4chan post from December 2023 accurately predicted Bitcoin's all-time high of around $126,000 on October 6, 2025, based on a 364-day market cycle pattern. Following the peak, Bitcoin dropped about 52% by mid-2026 but has since recovered to roughly ...
