Bitcoin surged above $81,000, pushing its market cap over $1.62 trillion as geopolitical tensions between the US and Iran eased. This rally triggered a massive short squeeze, liquidating over $415 million in short positions across crypto derivatives. Despite the strong rebound, analysts warn Bitcoin faces resistance near $83,000 and could fall into a 'bull trap' without sustained buying. The price action highlights Bitcoin's growing role as an inflation hedge amid ongoing global uncertainties.
Bitcoin remained stable and even gained slightly despite fears of a market crash on Black Monday, showing resilience amid macroeconomic uncertainty. Its dominance (BTC.D) is approaching a critical resistance level near 61%, a threshold not surpassed ...
Bitcoin traded at $82,762.43 on Binance, approaching but still below the $82,951.49 hourly breakout confirmation level. The cryptocurrency showed strength by trading above its 20-, 50-, and 200-day moving averages, though daily indicators like the MA...
Arbitrum surged 9.53% to $0.199, leading gains in the crypto market where 67 of the 90 largest cryptocurrencies, excluding stablecoins, rose within 24 hours as of Oct. 19. Other notable gainers include Venice Token up 7.42%, Ether.fi up 6.18%, and Pe...
Bitcoin's price fell below the $83,000 mark on October 19, trading at $82,761 on Binance at 07:53 UTC. This represents a slight decrease from $83,012 recorded 15 minutes earlier and marks a 0.02% drop compared to one hour prior. The movement shows a ...
ARB surged 8.9% to $0.1980, leading altcoin gains while Bitcoin held steady around $82,664 with a 1.3% daily gain and 60.1% market dominance. This selective strength in ARB suggests traders are still willing to take risks on higher-beta altcoins desp...
