Bitcoin surged past $83,000, defying expectations from macroeconomic models that predicted a decline due to rising energy prices, hawkish Fed policies, and higher U.S. Treasury yields. Analyst Benjamin Cowen admitted his bearish forecast was wrong as Bitcoin ignored these headwinds and broke above its May high. The market now watches closely the upcoming weekly candle close, which could confirm a bullish breakout or signal a false move amid ongoing economic pressures. This weekly close may redefine the current Bitcoin market cycle and investor sentiment.
Bitcoin's recent price surge contrasts with broader cryptocurrency trends on Pluang. For readers following crypto markets, here is Pluang's market snapshot as of Sep 24, 2026 17:21 WIB: out of 50 major cryptocurrencies, 6 rose and 43 fell. Notable movers include BCH at Rp5.854.137 with a -9.55% change and a 78% sell order activity, GRT at Rp440 down 9.43% with 60% buy orders, and AVAX at Rp180.216 down 9.34% with 54% buy orders.
Canaan Inc. will exhibit at BTCHEL in Helsinki, demonstrating its Bitcoin mining technology that converts waste heat into district heating. Their Avalon A1566HA units produce hot water at 80°C, supplying heat to about 2,800 homes in the Nordic region...
Vision Lithium Inc. announced a 15-for-1 share consolidation effective September 28, 2026, reducing its outstanding shares from approximately 293 million to about 19.5 million. The consolidation aims to streamline the company's capital structure with...
Falcon Energy Materials closed an upsized private placement raising C$34.24 million by issuing 34.24 million units at C$1 each. The funds will support a strategic minority acquisition in a Chinese anode material producer and advance Falcon's flagship...
AOI announced a 3.0GHz demo for cable TV networks at the upcoming SCTE TechExpo, showcasing new hardware that extends network capacity beyond the current 1.8GHz DOCSIS 4.0 standard. The company also published a whitepaper detailing the technical chal...
Bank of America announced plans to hire 1,000 additional apprentices over the next two years, expanding opportunities in Consumer Banking, Technology, and Operations. The bank is also committing $150 million over five years to support workforce devel...
