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.
BlackRock's IBIT ETF received a large transfer of 1,426.47 Bitcoin valued at $119 million from Coinbase Prime, signaling increased institutional interest. Meanwhile, Wintermute sold 619.59 Bitcoin worth $51.7 million through Binance, indicating activ...
More than $600 million in leveraged long positions were liquidated across cryptocurrency markets as Bitcoin fell from above $87,000 to near $83,000. This decline pressured traders who had bet on further price increases, forcing many to exit their pos...
Michael Saylor has rejected claims that Bitcoin derivatives like Strategy's digital credit products limit Bitcoin's price potential, including the $1 million target per coin. He argues these products increase capital inflow to Bitcoin without changin...
The crypto market cap fell 3.8%, losing about $115.5 billion in value, with Bitcoin down 4.3%, Ethereum 5.8%, XRP 6.3%, and Solana 4.9% over 24 hours. This decline is attributed to a leverage flush as traders closed long positions ahead of Federal Re...
Bitcoin buyers have been steadily accumulating coins between $81,000 and $82,000 since late September 2026, while sell orders above $83,300 have become scarce. Large investors, or whales, have added over 14,335 BTC since October 1, signaling confiden...
