Bitcoin has approached the $65,000 mark after consolidating in the low $60,000s, supported by easing U.S. inflation and stabilizing oil prices. Lower energy costs and cooling inflation reduce pressure on consumer prices and interest rate hikes, creating a favorable environment for risk assets like cryptocurrencies. Meanwhile, the S&P 500 is hitting record highs, reflecting strong corporate earnings and optimism about inflation risks. Future Bitcoin gains depend on continued positive inflation data, stable energy markets, and supportive equity momentum amid geopolitical uncertainties.
Arthur Hayes, co-founder of BitMEX, predicts Bitcoin could surpass $1 million if the current AI investment boom collapses in a credit crisis similar to 2008. He compares today's AI data center spending to a debt-fueled bubble, warning of slowing cons...
Bitcoin's price approached $65,000 on August 6, recovering nearly 4% from a low of around $62,300 on August 3. This rebound was supported by easing geopolitical concerns over the Strait of Hormuz, where Iran and Oman made progress on a shipping route...
Binance's August 1, 2026 proof of reserves report confirms that Bitcoin and Ethereum holdings fully cover user balances at 100.25%, with stablecoins like USDT, USDC, and USD1 backed even higher. This snapshot, verified using advanced cryptographic me...
Bitcoin and ether are outperforming the broader cryptocurrency market as traders seek the safety of large-cap tokens. While altcoins experience falling open interest and weak momentum, Bitcoin's futures open interest is rising with bullish signals fr...
Bitcoin is approaching a critical liquidity zone around $65,000, where a large concentration of short liquidations could trigger a swift upward price move if broken. Most long liquidation clusters below current prices have diminished, making upward m...
