Gold and silver prices plunged sharply, losing about $700 billion in market value in one day amid Iran's threat to close the Bab el-Mandeb Strait, a key shipping route. Gold dropped below $4,000 per ounce and silver fell to a seven-month low under $55.50. Despite this turmoil, Bitcoin remained stable near $64,000, showing resilience as a rare safe-haven asset compared to precious metals. The selloff was driven by a stronger dollar, rising US interest rate expectations, and significant outflows from gold ETFs, while investors moved funds into US dollars and short-term Treasuries. The key question now is whether Bitcoin can maintain its support level around $63,000 as gold and silver search for a bottom.
Cryptocurrency markets display a range of price changes with Bitcoin holding steady around $77,000. Ethereum and Binance Coin see moderate gains, while altcoins such as Zcash (ZEC) and Uniswap (UNI) experience significant increases of over 20% and 8%...
Bitcoin holders will soon be able to stake their BTC directly on Bitcoin's layer 1 through Stacks' PoX-5 hardfork, activating around July 29, 2026. This new system allows users to earn roughly 3% annual yield by locking BTC alongside STX tokens witho...
Bitcoin rose 25% this week, nearly reaching $80,000 after significant short liquidations and reclaiming key technical levels like the 200-day Moving Average and short-term holder cost basis. While this shift suggests a bullish trend, experts caution ...
Bitcoin surged nearly 30% over five days to almost $80,000 before sharply pulling back to around $77,000 on August 22, 2026. This retracement triggered over $475 million in forced liquidations of long positions due to heavy leverage, wiping out many ...
Chinese crypto miner Jiang Zhuoer reversed his bearish 2026 forecast after Bitcoin surged near $79,500, now 90% confident the bear market has ended. He bought back Ethereum near $2,100 after selling earlier, then sold half his ETH near $2,525, managi...
