Bitcoin traded near $78,400 on August 31, marking a roughly 24% gain in August, its strongest monthly performance since 2017. This rally was supported by $1.92 billion inflows into U.S. spot Bitcoin ETFs and $6.55 billion in short liquidations across the crypto market. The U.S. Treasury's plan to double bond buybacks starting September 9 adds a supportive macro backdrop, though upcoming Federal Reserve rate decisions and September jobs data could impact momentum. Bitcoin must reclaim $80,000 to maintain its bullish trend and confirm the rally's sustainability.
Over the weekend, the cryptocurrency market remained calm with minimal price changes in major assets like Bitcoin and Ethereum. Bitcoin held steady near $78,000, while Ethereum saw a slight decline. Monero stood out with a notable 9.9% gain, suggesti...
Bitcoin traded near $77,900 on Aug. 31, showing resilience despite renewed US-Iran conflict that pushed oil prices above $90 and pressured global stocks. BTC gained about 23% in August, outperforming gold and Nasdaq. The Federal Reserve's hawkish sta...
Ethereum has rallied 34% over the past month, outperforming major cryptocurrencies and trading around $2,440–$2,465. Analyst Tom Lee projects Ethereum could reach $6,000 if Bitcoin climbs to $150,000 by the end of 2026, driven by a rising ETH/BTC rat...
Bitcoin remained steady around $77,580 as geopolitical tensions between the US and Iran raised oil prices and pressured stocks and gold. The cryptocurrency gained about 23% in August, outperforming gold and the Nasdaq. Rising oil prices followed US a...
Bitcoin held steady between $77,580 and $78,800 despite U.S.-Iran tensions boosting oil prices nearly 2%. It outperformed gold and Nasdaq in August with a 23% gain. Large investors bought $3 billion in BTC last week, while Bitcoin ETFs saw a sharp $2...
