Bitcoin briefly rose above $64,400 but fell back below $64,000 after US inflation data matched expectations and geopolitical tensions between the US and Iran escalated. The July US CPI showed a 3.4% year-over-year increase, slightly down from June, reducing expectations for a September Fed rate hike. Despite initial selling pressure, Bitcoin held near $64,000, with indicators suggesting long-term holders are under stress but a potential market bottom may be forming. Analysts note a second bullish signal indicating a possible recovery phase, though selling pressure has not fully ended.
Bitcoin's market capitalization has risen to $1.615 trillion, surpassing Tesla's $1.438 trillion and Samsung's $1.237 trillion, placing it 13th among global assets. This follows Bitcoin's price peak at $81,914 on Saturday after four consecutive days ...
A cryptocurrency whale sold about 1,107 BTC worth roughly $86.76 million and used the proceeds to buy and stake 34,422 ETH valued at around $86.5 million. This move highlights a notable shift from Bitcoin to Ethereum, with the whale committing the en...
Bitcoin recently closed above its 50-week moving average for the first time in 45 weeks, a key technical indicator suggesting the bear market may be over. The cryptocurrency rose nearly 6% in the week, trading around $81,450, and has gained 29% over ...
Bitcoin surged 5% to $81,914, helping the total cryptocurrency market cap reclaim $2.8 trillion and nearly reach $2.9 trillion during a broad weekly rally. Altcoins outperformed Bitcoin, with Hyperliquid (HYPE) hitting a new high of $94.48 and Zcash ...
Strategy (MSTR) stock surged 16.39%, closing at $153.92 after heavy trading volume more than doubling its average daily shares. The rise is closely tied to Bitcoin's price, as Strategy holds around 845,000 BTC worth about $69 billion, making Bitcoin'...
