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.
Bitcoin is on track to achieve a rare three-month winning streak from July to September, a feat last seen in 2012. The cryptocurrency rose 4.8% in July, 25.2% in August, and is currently up 10.9% in September, trading around $86,140. In 2012, a simil...
Zcash surged 10% to over $1,616, leading major cryptocurrencies higher as Bitcoin held steady near $86,900. The positive momentum follows the US House Financial Services Committee's approval of a bill to create a Strategic Bitcoin Reserve and the SEC...
Bitcoin surged to $86,423 after falling below $76,000 a week earlier, signaling a strong recovery despite recent setbacks. Experts Tom Lee and Kevin Maloney say the worst of the crypto market downturn is over, with Maloney noting renewed client inves...
Bitcoin is experiencing its best September performance in 14 years, gaining about 10.1% so far and approaching the $90,000 price level. This is notable because September has historically been a weak month for Bitcoin, with negative returns from 2017 ...
Bitcoin is approaching a critical resistance zone between $82,000 and $83,000, with a weekly close above this level seen as confirmation of a new bullish phase. The cryptocurrency has reclaimed its 50-week moving average around $77,500-$78,000, a his...
