Bitcoin surged nearly 30% over five days to almost $80,000 before sharply pulling back to around $77,000 on August 22, 2026. This retracement triggered over $475 million in forced liquidations of long positions due to heavy leverage, wiping out many bullish bets and causing total crypto liquidations of about $547 million. The prior rally was fueled by a short squeeze and supportive macro factors like expanded US Treasury bond buybacks and clearer crypto regulations. Traders are now watching if $77,000 holds as support amid ongoing volatility driven by high leverage in crypto derivatives markets.
Zcash has registered a lobbyist in Washington, DC, aiming to influence US cryptocurrency policies, including tax rules and market structure. This move is part of Zcash's effort to promote privacy-focused crypto regulations. Market watchers see this a...
The cryptocurrency market rebounded from a $50 billion drop driven by macroeconomic factors, finishing the week nearly flat with a market cap close to $3 trillion. Bitcoin gained about 1%, closing at $85,500, while Ether rose slightly by 0.4% to $2,7...
Bitcoin's price fell below $86,000 to $85,865 on Binance's spot market as of 5:26 p.m. ET on Sunday, showing a slight decline from $86,059 just 15 minutes earlier. Despite this drop, Bitcoin remained up 0.48% compared to one hour prior. This price mo...
Bitcoin, the largest cryptocurrency by market capitalization, surpassed $86,000 on Binance spot trading, reaching $86,052 at 6:16 a.m. ET on October 5. This price reflects a 0.7% increase from an hour earlier, indicating a positive short-term momentu...
Recent analysis highlights a recurring pattern where Bitcoin's price gains on Sundays often reverse with declines on Mondays. This Sunday pump Monday dump trend is supported by TD Sequential sell signals appearing on the four-hour charts of Bitcoin, ...
