Bitcoin recently traded near $76,600 after dipping to around $57,717 in July, aligning with veteran trader Peter Brandt's forecast of $58,000–$62,000, though the timing was off. Brandt initially predicted the price would reach this range within two weeks in January but it took months to materialize during 2026. He later abandoned his bearish outlook after a bullish inverse head-and-shoulders pattern completed, buying the breakout. The rally was supported by $1.92 billion inflows into U.S. spot Bitcoin ETFs and short liquidations, while U.S. Treasury's decision to double long-dated bond buybacks improved market liquidity, boosting Bitcoin and other scarce assets. The key test now is whether Bitcoin can hold above $79,500 and challenge $80,000 next.
Binance conducted an extra proof-of-reserves snapshot on Nov. 12 following a security breach on Oct. 29 that involved about $6.34 billion in crypto assets. The snapshot revealed a 0.35% increase in user Bitcoin holdings and a 1.04% rise in Ether bala...
BNB, the Binance exchange token, dropped to $632.52, its lowest since August 20, falling 6.2% in 24 hours amid a broader crypto market decline where Bitcoin also slipped below $70,000. The drop follows the October 29 Binance hack, which drained $6.3 ...
Bitcoin (BTC) rose 16.6% over the past 90 days, but 31 other cryptocurrencies posted even stronger returns during the same period. The Altcoin Season Index stood at 42, below the 75 mark that typically signals an altcoin season. Notable performers in...
Bitcoin's market dominance, currently around 61%, is crucial in deciding the near-term performance of altcoins. While Bitcoin gained 16.6% over the past 90 days, only 31 altcoins outperformed it, with a few like Bitway and Quant showing strong gains....
Bitcoin's price rose 1.84% within 30 minutes to $68,800 on November 13, recovering some losses from an earlier drop to $67,568. Despite this short-term bounce, Bitcoin's price remained 6.52% lower over the full 24-hour period. This shows a partial re...
