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.
Cryptocurrency markets display a range of price changes with Bitcoin holding steady around $77,000. Ethereum and Binance Coin see moderate gains, while altcoins such as Zcash (ZEC) and Uniswap (UNI) experience significant increases of over 20% and 8%...
Bitcoin holders will soon be able to stake their BTC directly on Bitcoin's layer 1 through Stacks' PoX-5 hardfork, activating around July 29, 2026. This new system allows users to earn roughly 3% annual yield by locking BTC alongside STX tokens witho...
Bitcoin rose 25% this week, nearly reaching $80,000 after significant short liquidations and reclaiming key technical levels like the 200-day Moving Average and short-term holder cost basis. While this shift suggests a bullish trend, experts caution ...
Chinese crypto miner Jiang Zhuoer reversed his bearish 2026 forecast after Bitcoin surged near $79,500, now 90% confident the bear market has ended. He bought back Ethereum near $2,100 after selling earlier, then sold half his ETH near $2,525, managi...
Bitcoin's price surged over 20% in less than a week, climbing from the low $60,000s to nearly $80,000, driven by a massive short squeeze and supportive U.S. Treasury bond buybacks. The daily Relative Strength Index (RSI) rose above 80, the highest si...
