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Bitcoin-gold correlation rises amid macro risks; SHIB whales shrink; Binance hits $600M tokenization milestone.

Market News
12 Aug 2026
UToday
View Source
Neutral
Bitcoin-gold correlation rises amid macro risks; SHIB whales shrink; Binance hits $600M tokenization milestone.

Bitcoin's 90-day correlation with gold has surged from -0.9 to +0.7 due to fiscal and geopolitical risks, signaling a return of its 'digital gold' status. Meanwhile, Shiba Inu (SHIB) whale wallets have dropped to just 0.04% of holders, though they still control over 94% of supply, with the price hovering near $0.00000449. Binance's bStocks platform has captured 27% of the tokenized stock market, managing $619.57 million in assets and growing its user base by 399% since June. Bitcoin's price remains below key resistance but could rise toward $71,000 with Federal Reserve liquidity support and increased Ethereum staking.

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Bitcoin rebounds to $81K as altcoins like ZEC and HYPE hit multi-year highs amid a crypto market rally.

Bitcoin rebounds to $81K as altcoins like ZEC and HYPE hit multi-year highs amid a crypto market rally.

Bitcoin surged 5% to $81,914, helping the total cryptocurrency market cap reclaim $2.8 trillion and nearly reach $2.9 trillion during a broad weekly rally. Altcoins outperformed Bitcoin, with Hyperliquid (HYPE) hitting a new high of $94.48 and Zcash ...

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Bitcoin rebounds above $81K, driven by Fed rate hike, not stalled crypto regulation bill

Bitcoin rebounds above $81K, driven by Fed rate hike, not stalled crypto regulation bill

Bitcoin's price surged above $81,000 following the Federal Reserve's 25 basis point rate increase, despite the Senate's failure to advance the Digital Asset Market CLARITY Act. Arthur Hayes, BitMEX co-founder, argues that the rate hike, which increas...

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Russia's MOEX adds XRP to crypto perpetual futures, expanding regulated crypto derivatives market.

Russia's MOEX adds XRP to crypto perpetual futures, expanding regulated crypto derivatives market.

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Bitcoin and Ethereum rally past $81,700 and $2,600 despite Fed rate hike and regulatory shifts.

Bitcoin and Ethereum rally past $81,700 and $2,600 despite Fed rate hike and regulatory shifts.

Bitcoin surged above $81,700 and Ethereum topped $2,600 following the Federal Reserve's unanimous 25 basis point rate hike, the first since 2023, signaling an end to the rate cut/pause cycle. The rally was further fueled by fresh regulatory moves: th...

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