Bitcoin is trading near $78,900, just below the $80,000 mark, following a strong rally from mid-$60,000s. U.S. spot Bitcoin ETFs saw $336 million in inflows on August 25, totaling $2.08 billion over the past week, indicating strong institutional interest. Open interest in Bitcoin derivatives has climbed toward $58 billion, signaling new capital entering the market. However, technical indicators like the RSI above 80 and a flattening MACD suggest the rally may be overextended, with key support levels at $77,573 and $76,227 watched closely for potential pullbacks.
Bitcoin options with a notional value of about $6.4 billion are set to expire on August 28, 2026. This large expiry could influence market positioning and volatility, though the actual impact on Bitcoin's price depends on factors like strike distribu...
Bitcoin has defied its usual August trend by climbing over 25% this month, with selling pressure from short-term holders easing and buying interest, especially from U.S. investors, increasing. This surge has pushed Bitcoin back toward the $80,000 mar...
Cryptocurrency markets saw mixed movements with Bitcoin rising nearly 2% to above $80,000, signaling strong investor interest. Ethereum and Binance Coin also posted moderate gains, while Solana surged almost 13%, highlighting growing momentum in cert...
Bitcoin surged 26% from its mid-August low, driven by forced short position liquidations worth $1.4 billion and strong inflows of $2.23 billion into Bitcoin ETFs. This rally is supported by broad accumulation in long-term institutional wallets, signa...
Bitcoin surged past the $80,000 mark after overcoming a key resistance at $79,000, pushing its market cap to $1.61 trillion and setting up for a 20% gain in August. This rally coincides with the U.S. Treasury's plan to auction $92 billion in short-te...
