Bitcoin's price fell about 2.5% to around $77,588 following Federal Reserve Chair Kevin Warsh's hawkish keynote at the Jackson Hole Economic Policy Symposium, which increased expectations for a rate hike. This speech ended a nine-day streak of inflows into U.S. spot bitcoin ETFs, with $202 million flowing out on the same day. Despite the dip, bitcoin has gained over 23% since mid-August, supported by positive crypto news and Treasury bond buyback announcements. Technical indicators show bitcoin is slightly overbought but bullish momentum remains intact for now, with support holding near $77,000 and resistance around $80,300.
Ondo (ONDO) rebounded 6.6% from a recent low but remains vulnerable due to a 10% weekly decline and weak momentum signals. Bitcoin also fell 2.1% last week, and the overall altcoin market dropped nearly 8%. Bitcoin spot ETFs saw significant outflows,...
Bitcoin's price hovered around $81,392 on October 20, facing immediate support at $81,100 amid short-term selling pressure and weakening U.S. demand. Technical indicators show a fragile position with resistance between $82,000 and $83,300, while a dr...
On October 20, Bitcoin saw the largest token inflows of $56.04 million and outflows of $29.14 million, indicating strong trading activity. The Korean won led fiat currency inflows into the crypto market with $5.10 million, slightly ahead of the euro....
TORCH token reached a new record high, while 12 other cryptocurrencies including DATA and BLUR set new all-time lows. The top five cryptocurrencies by market cap—Bitcoin, Ethereum, BNB, XRP, and Solana—remain significantly below their all-time highs,...
Tom Lee of Fundstrat highlights that many venture capitalists regret not simply holding Bitcoin, which rose about 80 times from under $1,000 to around $80,000 in the past decade. This shift challenges the belief that early-stage crypto investments ou...
