Bitcoin remained stable near $63,915 on July 30 despite heightened geopolitical tensions following US strikes on Iranian targets and an 8% surge in oil prices. While US stocks fell sharply, bitcoin's price showed resilience, though about $286 million in leveraged crypto positions were liquidated, indicating stress among traders. The market focus remains on potential disruptions to energy supplies through the Strait of Hormuz, which could impact inflation and broader risk sentiment. Bitcoin's steadiness contrasts with the broader risk-off move in equities and oil markets amid ongoing regional conflicts.
Bitcoin held steady between $77,580 and $78,800 despite U.S.-Iran tensions boosting oil prices nearly 2%. It outperformed gold and Nasdaq in August with a 23% gain. Large investors bought $3 billion in BTC last week, while Bitcoin ETFs saw a sharp $2...
Solana validators have collectively agreed to burn 18.9 million SOL tokens to reduce inflation and stabilize the network's economic environment. This significant move aims to tighten supply and restore investor confidence amid ongoing inflation conce...
Bitcoin surged about 24% in August 2026, reaching briefly over $80,000, its biggest monthly gain this year. However, three warning signs have emerged: Binance's Bitcoin reserves hit a 2026 high of around 687,000 BTC, indicating more supply ready to s...
Japan's yen has weakened again despite nearly $97 billion in government intervention, raising risks for Bitcoin and crypto markets. The yen fell to 160.16 against the US dollar, erasing half of recent gains despite coordinated efforts with the US to ...
Bitcoin is consolidating near $79,000 after a nearly 30% rally from $63,000, showing strong bullish momentum as it trades above key moving averages. Despite an elevated Relative Strength Index indicating overbought conditions, Bitcoin remains support...
