Bitcoin's price fell below $78,000, retreating from its recent high of $81,455, but managed to hold above the critical support level around $76,000. Despite short-term weakness and lower trading volumes during rebounds, longer-term moving averages remain bullish, suggesting the overall uptrend is intact. Traders are watching the $75,000 to $78,000 range closely, as a break below $76,000 could signal further declines, while a move above $78,000 may confirm recovery. The market shows mixed technical signals, with many oscillators neutral, indicating uncertainty in the near term.
In August's top crypto news, Mastercard sponsored an XRP Ledger hackathon in New York, signaling growing ties with Ripple. Legendary trader Peter Brandt reversed his bearish stance, buying Bitcoin after a key technical breakout pushed prices above $7...
Bitcoin is trading near $77,000 as it tests a critical support zone between $76,000 and $77,000 that could determine if its recent recovery holds. A bounce from this level might push prices back toward $79,000-$80,000, but failure to hold could lead ...
El Salvador has increased its national Bitcoin reserve to 7,762 BTC, worth about $598 million at current prices near $77,000 per coin. The government continues to buy one Bitcoin daily as part of a long-term strategy, despite the IMF's $1.4 billion f...
Bitcoin price dropped to around $76,623 as investors brace for the Federal Reserve's September 15-16 meeting, where a 68% chance of a rate hike is expected. This potential increase could strengthen the dollar and pressure Bitcoin and other risk asset...
Bitcoin's price dropped below $77,000 due to renewed U.S.-Iran strikes but quickly rebounded to around $78,000. Despite this recovery, Bitcoin remains below last week's peak near $81,400. The price movement reflects ongoing geopolitical tensions affe...
