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.
Ethereum Classic (ETC) fell 11.16% from $9.68 to $8.60 in one day during a broader crypto market pullback, while Bitcoin and Ether also declined. Despite the drop, ETC's longer-term bullish trend remains intact after a recent 36.5% rally, supported b...
Ethereum Classic (ETC) fell 7.4% following a broader crypto market decline led by Bitcoin's 2.10% drop and Ethereum's 2.53% fall due to profit-taking and liquidation of leveraged positions. Despite a sharp correction from $9.68 to $8.60, ETC maintain...
A cryptocurrency trader closed a $105.39 million Bitcoin long position on Hyperliquid after achieving a $2.44 million unrealized gain, ending with a $176,600 realized profit. The position was built over two days using 20x leverage and peaked when Bit...
Dogecoin led a broad cryptocurrency sell-off with an 8% drop, while Bitcoin fell over 2% to about $83,900 amid rising US Treasury yields hitting their highest level since 2007. The 10-year Treasury yield rose to 5.11%, driven by strong US business ac...
Ethereum is showing strong signs of reaching $3,000, supported by a 70%+ expected ROI this quarter and significant institutional interest, including $1.01 billion in recent ETF purchases by BlackRock. Whale activity and growing long positions indicat...
