Bitcoin's price briefly surged past $82,000 but has since been stuck trading between $76,000 and $82,000. Strong spot demand driven by U.S. Spot Bitcoin ETFs and large investors like Strive supports the price, alongside a peak in Binance's derivatives open interest. However, a heavy supply cluster around $82K, representing 35% of Bitcoin's supply, creates resistance and limits upward movement. Technical indicators suggest a potential bullish trend continuation, with a chance Bitcoin could surpass its all-time high of $126,000 if it breaks above this supply zone.
Polkadot's token price jumped up to 20% driven by a short squeeze, increased on-chain activity, and governance proposals that could reduce token supply. Traders are pricing a 58% chance of a Federal Reserve rate hike next week, which contrasts with B...
Cryptocurrency markets experienced varied price changes, with Bitcoin falling 0.83% to $78,532 and Ethereum down 0.27% to $2,489.07. Some altcoins like DOT surged 11.72% and WBT jumped 11.46%, indicating selective investor interest. Stablecoins remai...
Bitcoin briefly fell below $78,000 on Tuesday, hitting a low of $77,603 before recovering to around $78,600. This price drop triggered $264 million in total crypto liquidations, including $79 million in bitcoin positions, mostly long bets. The market...
ARK Invest CEO Cathie Wood remains bullish on Bitcoin, highlighting its improving ratio against gold as a key sign for institutional investors. She views Bitcoin as a transformative technology, monetary system, and asset class with significant growth...
Bitcoin and XRP have closely mirrored each other in price movements since early September, both peaking on Sept. 3 and then pulling back similarly due to shifting Federal Reserve expectations. This week presents a key test for XRP's independence with...
