Bitcoin fell to around $63,900 after crude oil prices jumped nearly 5% due to Iran rejecting direct U.S. talks and setting conditions for reopening the Strait of Hormuz. This geopolitical tension pushed investors toward safer assets like the U.S. dollar, pressuring cryptocurrencies and stocks. Strategy sold 1,690 BTC worth $108.6 million last week and also offloaded MSTR shares to boost cash reserves. Despite the dip, U.S. spot Bitcoin ETFs attracted $865 million in inflows, with market watchers awaiting upcoming U.S. inflation data for clues on Federal Reserve policy that could impact Bitcoin's near-term trend.
Ether surged 8.3% to over $2,600 on September 11 after more than $255 million in short positions were liquidated within 24 hours, with $188 million wiped out in just one hour. This massive short squeeze was triggered by hotter-than-expected US inflat...
Bitcoin briefly surged to $79,837 following the release of August Consumer Price Index (CPI) data that met economists' expectations, triggering volatile trading and over $732 million in crypto liquidations. The price fluctuated sharply, influenced by...
Bitcoin surged above $79,000 following the release of US August inflation data showing 3.4% annual inflation, matching forecasts. The Consumer Price Index rose 0.4% monthly, with energy costs, especially gasoline, driving much of the increase. Market...
Over $684 million in leveraged crypto positions were liquidated within 24 hours, with short sellers facing $422 million in forced closures compared to $261 million from longs. Ethereum led liquidations with $262 million, surpassing Bitcoin's $182 mil...
Bitcoin surged close to $80,000 following the US inflation report showing a slowdown in annual core CPI to 2.4%, the lowest in 66 months. This easing of inflation boosted confidence in both cryptocurrency and traditional markets, with Ethereum also r...
