Bitcoin surged over 4.5% to above $80,000 after Federal Reserve Governor Christopher Waller suggested the Fed might hold interest rates steady in September if inflation data shows cooling. This eased fears of a rate hike, weakening the dollar and boosting Bitcoin's appeal. Technical charts show Bitcoin approaching a key resistance zone around $81,400, with potential to rise toward $83,450 if support holds. Corporate demand, including potential large purchases by Strive and Capital B, also supports the rally. However, Bitcoin is currently overbought, raising the risk of profit-taking if it fails to maintain support above $80,000.
Cryptocurrency markets are experiencing widespread gains, with Bitcoin rising over 4% to above $80,900. Major altcoins such as Ethereum, Binance Coin, and Cardano also saw significant increases, with ADA up nearly 14% and Zcash surging over 16%. Thes...
Bitcoin has experienced extreme fund flows in both directions for six consecutive days, a pattern that historically signals upcoming price declines. Data from CryptoQuant shows that Bitcoin inflows peaked near 50,000 BTC in late June, coinciding with...
Bitcoin surged above $81,000 following reports that President Trump is considering officially declaring the Iran war over, driven by political pressure ahead of midterm elections. Meanwhile, Federal Reserve Governor Christopher Waller signaled a poss...
Zcash (ZEC) price recovered nearly 4% to around $847 after buyers defended the $780–$800 support zone, following a volatile pullback from highs near $890. Despite the rebound, the price remains overbought with an RSI above 70, indicating stretched mo...
Bitcoin's price increased by 2.5% on September 3, holding above a key support level of $76,229 while facing resistance near $79,000. The price remains range-bound between $76,229 and $79,000, with moving averages showing bullish trends but momentum i...
