The U.S. Treasury is set to inject $14.5 billion through a debt buyback program starting September 7, 2026, potentially fueling a rally in Bitcoin and XRP. This liquidity boost is expected to trigger a Bitcoin short squeeze near the $80,000 level and support XRP's rise ahead of a key U.S. Senate vote on the CLARITY Act scheduled for September 15. While officials call this a routine operation to stabilize government bond markets, traders anticipate significant crypto market movement around September 9. The Treasury will remove about $38.25 billion in bonds during September, with the Federal Reserve also reinvesting in short-term bills, creating a complex environment for market growth and interest rates.
Starknet (STRK) led the top 90 cryptocurrencies by market cap, rising 45.02% in 24 hours to $0.107, extending its previous day's 42.04% gain. Among other notable movers, Aerodrome Finance gained 14.46%, Injective rose 6.54%, and Figure Heloc advanced...
Bitcoin (BTC) briefly rose above the key price level of $83,000 on the Binance spot market, reaching $83,008 at 11:38 p.m. ET on October 10. However, despite this surge, the price slightly dipped to $82,914 just 15 minutes earlier and was down 0.09% ...
Matt Hougan, CIO of Bitwise Asset Management, predicts Bitcoin's market cap could grow from $2 trillion to $30 trillion, paralleling gold's rise after U.S. gold ETFs launched in 2004. The SEC approved spot Bitcoin ETFs in January 2024, enabling easie...
Bitcoin's recent price correction has highlighted a potential support level around $74,500, representing a roughly 7.34% drop from the recent high of $87,027 on October 5. This level is based on historical average drawdowns during previous bull cycle...
On October 11, XRP's coin-margin long positions increased significantly by 12 percentage points to 78.32%, while Ethereum's long positions declined in both coin-margin and USDT-margin markets. Bitcoin and Solana also saw notable increases in long pos...
