Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year's highs and short-term holders who bought near recent lows—are selling into the price rise. This simultaneous selling is creating supply pressure that could limit further gains, reflecting cautious sentiment amid geopolitical tensions and doubts about the inflation data's sustainability due to rising oil prices. The market remains volatile as investors weigh profit-taking against uncertain macroeconomic conditions.
Bitcoin is trading near $77,000 after a strong rebound, with technical charts indicating a potential pause in its rally. Support around $76,000 is crucial to maintain the current bullish setup, while a deeper pullback to the $63,000-$70,000 range cou...
Bitcoin surged over 20% to $79,500, signaling a potential new bull market as analysts note this is a major volatility-adjusted move not seen since 2018. The rally was supported by Ether and Hyperliquid gains, and was influenced by US Treasury's incre...
Bitcoin has sharply rebounded above $76,000, challenging veteran trader Peter Brandt's earlier bearish prediction of a $58,000 to $62,000 target made in January 2026. The cryptocurrency rose from around $62,679 on August 17 to nearly $80,000 by Augus...
XRP saw a strong rally of over 46% this week, reaching a seven-month high of $1.70 before sharply dropping 14% to $1.46 in the last 24 hours. This pullback triggered more than $250 million in long position liquidations, the highest among large-cap as...
Bitcoin miners have seen a 20.41% rise in hashprice over four days, boosting their revenue to $38.29 per petahash per second, the highest since May. This increase means miners are earning more from the recent Bitcoin price rally, improving profitabil...
