Bitcoin surged past $82,000 before sharply falling below $78,700, erasing nearly all gains after strong US employment data reduced expectations for a Federal Reserve rate cut. This sudden reversal triggered over $295 million in long position liquidations across the crypto market, pushing Bitcoin's market cap down from $1.62 trillion to $1.57 trillion. The robust jobs report signals a resilient economy, causing investors to fear prolonged high interest rates, which pressured both stocks and cryptocurrencies. Despite the pullback, some investors remain optimistic about Bitcoin's long-term growth driven by currency debasement and central bank policies.
Bitcoin fell nearly 4% from its recent high of $82,281 to around $79,000, testing a key support level at $78,000. This support will determine if the recent bullish breakout holds or if prices could drop further toward $74,081. The prior rise was part...
Bitcoin's price rose nearly 1% to around $79,262 on September 4, extending a one-month rally of about 23%. Simultaneously, gold prices climbed sharply, pushing their correlation to the highest level in six years. This trend reflects growing investor ...
The cryptocurrency market shows a general downward trend with major coins like Bitcoin and Ethereum dropping by around 1.4% and 1.5% respectively. However, some tokens such as ZEC and LIT have seen notable gains of 7.76% and 16.20%. This mixed perfor...
Cryptocurrency markets show mixed movements as Bitcoin trades near $79,224, down 1.86%, and Ethereum falls 1.59% to $2,450.47. While many coins like XRP, SOL, and DOGE experience declines, some assets such as ZEC and LIT see significant gains of 7.76...
Bitcoin's price fell sharply from a high of $82,281 to the $79,000 range on September 4, 2026, as short-term selling pressure emerged despite a still-strong daily trend supported by moving averages. Key support levels to watch are around $78,531 and ...
