Bitcoin briefly surpassed $80,000 for the first time since May, reaching $81,255 before settling near $79,121, marking a 0.17% daily gain and a 25% weekly rise. This pullback follows profit-taking at a known resistance zone around $80,000-$82,000. Strong spot ETF inflows, especially into BlackRock's iShares Bitcoin Trust, support the rally, alongside Bitcoin reclaiming its 200-day EMA, signaling a bullish medium-term trend. Key resistance lies at $82,000-$82,500, with potential targets up to $88,000, while support levels include $78,670 and the 200-day EMA at $71,841. Selected altcoins like Solana and XRP are outperforming, but a full altseason has yet to materialize.
Cryptocurrency prices exhibit varied changes, with Bitcoin trading above $80,000, reflecting a 2.05% increase. Solana leads notable gains with a 9.26% rise, while other coins like Ethereum and XRP show moderate increases. These fluctuations highlight...
Cryptocurrency markets display varied price changes, with Bitcoin trading above $80,000, up 1.69%, and Ethereum steady near $2,500. Solana leads gains with an increase of nearly 11%, while VeChain also shows strong growth at over 15%. These movements...
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...
