Bitcoin surged past $69,000 on April 6, driven by a short squeeze that liquidated $196 million in bearish positions within 24 hours, including $100 million in just 90 minutes. This price jump was fueled by renewed trader activity after Easter and optimism about potential ceasefire talks involving Iran, which boosted risk appetite. The $69,000 level remains a key battleground for Bitcoin, acting as both support and resistance amid fluctuating macroeconomic and geopolitical factors. Despite frequent short-covering events in 2026, sustained breaks above $70,000 have yet to materialize.
Bitcoin surged 47% from its July low, yet holders are reluctant to sell, as shown by the adjusted Spent Output Profit Ratio (aSOPR) near 1.01, indicating minimal profit-taking. This contrasts with August's breakout when aSOPR was higher, suggesting c...
XRP has consistently outtraded Bitcoin on South Korea's Upbit exchange for 30 consecutive days, reaching $350 million in trading volume on September 21 compared to Bitcoin's $225.8 million. The price of XRP on Upbit rose about 19% from $1.28 to $1.52...
Ripple co-founder Chris Larsen highlighted XRP's longevity and strong community as key factors that help it stay relevant over time, sparking renewed debate on whether XRP could eventually overtake Bitcoin. Larsen emphasized XRP's decade-long presenc...
The cryptocurrency market briefly surpassed a $3 trillion valuation, driven by Bitcoin reaching around $86,000, its highest since late January. Major altcoins like DOGE, XRP, and Solana also saw significant gains, while nearly $920 million in short p...
BNB rose about 1.8% to near $787 after briefly surpassing $800 during a recent crypto rally driven by a broad market rebound. The surge was fueled by Bitcoin's 6% gain, falling oil prices, lower Treasury yields, and a short squeeze liquidating over $...
