Bitcoin's price rose nearly 1% to around $79,262 on September 4, extending a one-month rally of about 23%. Simultaneously, gold prices climbed sharply, pushing their correlation to the highest level in six years. This trend reflects growing investor concerns over fiat currencies and government bond sales, driving demand for Bitcoin and gold as alternative stores of value. Despite the strong correlation, Bitcoin has outperformed gold significantly, with analysts eyeing a potential rise to $85,000 if key support levels hold amid mixed economic signals and Fed rate hike expectations.
Bitcoin surged past $82,000 before sharply falling below $78,700, erasing nearly all gains after strong US employment data reduced expectations for a Federal Reserve rate cut. This sudden reversal triggered over $295 million in long position liquidat...
The cryptocurrency market shows a general downward trend with major coins like Bitcoin and Ethereum dropping by around 1.4% and 1.5% respectively. However, some tokens such as ZEC and LIT have seen notable gains of 7.76% and 16.20%. This mixed perfor...
Cryptocurrency markets show mixed movements as Bitcoin trades near $79,224, down 1.86%, and Ethereum falls 1.59% to $2,450.47. While many coins like XRP, SOL, and DOGE experience declines, some assets such as ZEC and LIT see significant gains of 7.76...
Bitcoin's price fell sharply from a high of $82,281 to the $79,000 range on September 4, 2026, as short-term selling pressure emerged despite a still-strong daily trend supported by moving averages. Key support levels to watch are around $78,531 and ...
Bitcoin price dropped about 2.7% to below $79,300 following a stronger-than-expected US jobs report that increased expectations for a Federal Reserve rate hike. The US economy added 162,000 jobs in August, far exceeding forecasts, which strengthened ...
