Bitcoin's price experienced a volatile $3,215 intraday swing but settled around $77,300 with a modest 0.2% gain, reflecting a cautious market. The longer-term trend remains healthy, supported by strong moving averages, but short-term momentum is mixed and price is stuck between support at $76,040-$76,400 and resistance near $77,970-$78,800. Bulls need to break above $78,800 to target the $82,280-$82,830 range and regain control, while bears watch for a break below support to push prices lower. Overall, the market is waiting for a clear directional move.
A cryptocurrency whale that sold 50,600 ETH near the 2025 peak has spent $85.42 million in stablecoins to buy 1,075.6 BTC at an average price of $79,412 over four days. The whale still holds $74.32 million in stablecoins and is currently about $2.35 ...
Bitcoin surged above $79,000 after US core annual inflation dropped to a 66-month low of 2.4%, signaling easing inflation pressures. However, the monthly core CPI rose 0.3%, higher than expected, boosting the probability of a Federal Reserve rate hik...
Ethereum's price briefly surged to $2,665 on September 11, driven by a significant inflow of $216 million into Ethereum ETFs, the highest since late August. This rise occurred despite Goldman Sachs' warning of a likely 25 basis point rate hike by the...
ETHFI surged 7.8% in 24 hours to $0.7345, leading crypto gainers despite a 2.1% drop in the total market cap. Bitcoin remains dominant at 58.2% with a price around $77,277. The rise in ETHFI reflects growing investor interest in restaking tokens and ...
Zcash mining currently generates about $708 per megawatt-hour (MWh) of electricity, nearly four times the $179 per MWh earned by Bitcoin mining with comparable equipment. This higher gross revenue is driving new miners and institutional players to Zc...
