Bitcoin traded near $77,500 on September 1, down 1.6% after hitting an intraday high of $79,225. The decline was driven by rising oil prices and higher US bond yields, which increased concerns over potential Federal Reserve rate hikes. Despite strong inflows of $216.7 million into US spot Bitcoin ETFs, short-term technical indicators show weakening momentum, with Bitcoin testing key support around $76,500–$77,000. The next price move depends on whether buyers can defend this support amid ongoing macroeconomic pressures.
U.S. spot Bitcoin ETFs attracted nearly $1 billion in inflows during the week ending August 28, marking nine consecutive days of net inflows. Despite this strong institutional demand, Bitcoin's price failed to sustain above $80,000, retreating to jus...
Bitcoin fell below $77,000 and Ethereum dropped under $2,400 amid renewed US-Iran conflict, which caused oil prices to surge above $94 and increased US Treasury yields to about 4.79%. This geopolitical tension heightened inflation concerns and expect...
Bitcoin surged from the $60,000–$65,000 range to nearly $80,000 following a historic short squeeze that liquidated over $4 billion in bearish positions, fueling a rapid price increase. This breakout above $67,000 marks a strong rally but not yet a co...
Bitcoin has maintained its price above $79,000 following a significant rally of nearly 25% throughout August. This strong performance reflects growing investor interest and confidence in the cryptocurrency market. Additionally, Bitcoin's spot trading...
The cryptocurrency market demonstrated resilience despite macroeconomic challenges, with institutional investors increasing capital in major altcoins like Solana and XRP. Bitcoin remained stable near $82,000 after a strong rally, while altcoins outpe...
