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.
On November 4, Zcash surged 8.23% to $1,305, leading a broad rally among the top 90 cryptocurrencies by market cap, with 76 gaining in the past 24 hours. Other notable gainers included Ethena, NEAR Protocol, PancakeSwap, and Injective, all rising bet...
Bitcoin surged 3.7% to over $80,000 following the Democrats' victory in the US midterm elections, which eased political uncertainty and boosted market sentiment. Falling oil prices and a weaker dollar also increased risk appetite, lifting stocks and ...
During the hour ending at 10:45 a.m. ET on November 4, Bitcoin saw $95.98 million in short positions liquidated as its price increased by 1.13%, rising from $79,393 to $80,290. Total liquidations across Binance, Bybit, and OKX exchanges reached $100....
Bitcoin surged above $80,000 driven by a short squeeze and renewed ETF inflows, while major altcoins like Ether also gained. However, Shiba Inu (SHIB) did not join the rally, facing strong selling pressure and breaking below key support levels. SHIB ...
Crypto analyst DonAlt, known for accurate Bitcoin predictions, suggests Bitcoin is set for a rally to a new all-time high following the US midterm elections where Democrats won majorities in both the House and Senate. Bitcoin's monthly chart turned p...
