Bitcoin fell about 1.4% to around $63,000 as renewed US-Iran hostilities caused risk-off sentiment, leading traders to take profits after a recent rally. Despite the drop, Bitcoin remains within its $59,000 to $66,000 trading range and has seen its first weekly inflow into spot Bitcoin ETFs in nine weeks, signaling potential renewed institutional interest. Key upcoming events include US inflation data and Fed Chair testimony, which could influence Bitcoin's price direction further.
Bitcoin held steady near $63,600 following a U.S. inflation report that met expectations, calming market nerves but not driving major moves. The broader crypto market cap dropped slightly to $2.18 trillion, with altcoins Monero (XMR) and Hyperliquid ...
Bitcoin fell over $1,000 following US inflation data but found support at the bear market trendline, preventing further decline. The price is now approaching a critical resistance level around $65,600, with the bull market trendline acting as a poten...
Grayscale reports Bitcoin wallets with balances are approaching 60 million, indicating strong adoption even during the ongoing bear market. The firm highlights three key drivers for future Bitcoin growth: its role as a scarce store of value amid risi...
The UAE reportedly released billions of dollars in frozen Iranian assets, including gold worth $200-283 million, flown from Abu Dhabi to Iran on August 11-12. This move has eased tensions, causing oil prices to drop toward $82 per barrel and Bitcoin ...
Bitcoin is stabilizing around $63,649 as it enters a unique pre-halving phase with 659 days remaining until its fifth halving event in spring 2028. This halving will reduce the block reward from 3.125 BTC to 1.5625 BTC, increasing scarcity. Investors...
