Bitcoin briefly rose above $82,000 on September 4 but then dropped 2.1% to around $79,560 after stronger-than-expected US employment data raised Treasury yields and the likelihood of a Fed rate hike. This weakened demand for risk assets like Bitcoin, pushing it below key support levels near $78,800–$79,300. Analysts say holding above this zone is critical to maintain bullish momentum, with potential rebounds targeting $80,200 and $81,800. A break below $78,125 could lead to further declines toward $75,000 or lower. The market remains cautious amid higher yields and geopolitical tensions, impacting broader equity and crypto markets.
On October 23, Ether was the only major cryptocurrency among five tracked to have a negative perpetual-futures funding rate, meaning short sellers pay long holders. Its rate was -0.0002% every eight hours, or -0.3% annualized. In contrast, XRP had th...
Mike McGlone, a senior commodity strategist at Bloomberg Intelligence, warned that several assets including Bitcoin, U.S. natural gas, gold, silver, and various metals could follow a pattern of rising and then retreating in 2026. He emphasized that t...
Crypto commentator Austin Hilton highlighted that limited liquidity and ongoing economic uncertainty are preventing crypto markets from sustaining a strong rally. While positive factors like Bitcoin strength, improved social sentiment, and clearer U....
A Bitcoin whale made $1.36 million through eight successful short trades over 20 days. Following this, the whale executed three large trades totaling nearly $25 million in a single day, with exit plans prearranged. This activity suggests a strategic ...
Significant Bitcoin transfers into Fidelity and BlackRock ETF wallets, totaling over $54 million, indicate renewed institutional interest despite recent price weakness. Additionally, 40 new wallets withdrew approximately 9,458 BTC worth $771.5 millio...
