Bitcoin fell below $71,000 due to escalating geopolitical tensions between the US and Iran, including threats to block key maritime routes. The decline was compounded by Strategy's sale of 32 BTC to fund dividends, marking its first Bitcoin sale since 2022. Market caution persists as Bitcoin tests support levels, with mixed network data and increased selling pressure signaling potential further downside. Analysts suggest the drop fits a broader four-year cycle pattern, with possible retesting of lows before a deeper bottom forms in 2026.
Bitcoin surged about 24% in August 2026, reaching briefly over $80,000, its biggest monthly gain this year. However, three warning signs have emerged: Binance's Bitcoin reserves hit a 2026 high of around 687,000 BTC, indicating more supply ready to s...
Japan's yen has weakened again despite nearly $97 billion in government intervention, raising risks for Bitcoin and crypto markets. The yen fell to 160.16 against the US dollar, erasing half of recent gains despite coordinated efforts with the US to ...
Bitcoin is consolidating near $79,000 after a nearly 30% rally from $63,000, showing strong bullish momentum as it trades above key moving averages. Despite an elevated Relative Strength Index indicating overbought conditions, Bitcoin remains support...
Bitcoin futures open interest reached $54.82 billion with spot prices around $78,425, signaling strong market engagement ahead of a historically volatile September. While futures show resilience with a slight recent dip, Bitcoin options reveal cautio...
Market analyst Tom Lee forecasts Ethereum could reach $6,000 if Bitcoin climbs to $150,000, based on an improved ETH-to-BTC ratio. This optimistic outlook is supported by strong institutional interest, with Ethereum ETFs attracting $102 million in da...
