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.
Bitcoin fell nearly 4% from its recent high of $82,281 to around $79,000, testing a key support level at $78,000. This support will determine if the recent bullish breakout holds or if prices could drop further toward $74,081. The prior rise was part...
Bitcoin surged past $82,000 before sharply falling below $78,700, erasing nearly all gains after strong US employment data reduced expectations for a Federal Reserve rate cut. This sudden reversal triggered over $295 million in long position liquidat...
Bitcoin's price rose nearly 1% to around $79,262 on September 4, extending a one-month rally of about 23%. Simultaneously, gold prices climbed sharply, pushing their correlation to the highest level in six years. This trend reflects growing investor ...
The cryptocurrency market shows a general downward trend with major coins like Bitcoin and Ethereum dropping by around 1.4% and 1.5% respectively. However, some tokens such as ZEC and LIT have seen notable gains of 7.76% and 16.20%. This mixed perfor...
Cryptocurrency markets show mixed movements as Bitcoin trades near $79,224, down 1.86%, and Ethereum falls 1.59% to $2,450.47. While many coins like XRP, SOL, and DOGE experience declines, some assets such as ZEC and LIT see significant gains of 7.76...
