Bitcoin's price hovered between $78,707 and $80,494, settling near $79,176 with a slight 0.8% drop in the last 24 hours. Analysts expect Bitcoin to trade within a tight range of $78,000 to $82,000 until the Federal Reserve's policy decision in mid-September, as ETF inflows of nearly $1 billion last week support the price. However, elevated Treasury yields and expectations of a Fed rate hike are limiting upward momentum. Key upcoming events like the US inflation data and the Fed meeting will likely determine if Bitcoin breaks out of this range.
Bitcoin recently reached around $82,500, approaching a key resistance level at $82,000. Traders see breaking and closing above this level with strong volume as crucial before targeting $88,000 next. While the market shows strength with ongoing Bitcoi...
Cryptocurrency markets display mixed price changes, with Bitcoin falling 0.71% to $79,164 and Ethereum slightly up by 0.15%. Other coins like DOT and PUMP saw significant gains of 14.26% and 14.62% respectively, indicating selective investor interest...
Zcash (ZEC) has surged 2,389% over the past year, reaching prices above $1,200 for the first time since 2016. This sharp rally has put significant pressure on major short sellers, including a trader holding a $47 million short position that faces liq...
Bitcoin's price stabilized around $79,600 to $80,100 after a recent surge, supported by strong institutional demand with spot Bitcoin ETFs attracting up to $987 million in weekly inflows. Corporate Bitcoin purchases continued despite market volatilit...
Cryptocurrency markets experienced varied price changes with Bitcoin falling 1.1% to $78,831 and Ethereum down 0.34% to $2,471. Other coins like DOT and PUMP saw significant gains of 12.71% and 7.55% respectively, indicating selective investor intere...
