Bitcoin jumped from around $64,330 to $74,440 last week, marking a 23.23% weekly gain after months of decline and stagnation. This surge, predicted by analysts in early August, signals a potential new bull market similar to past recoveries in 2019 and post-FTX collapse. Ethereum and XRP also saw significant gains, contributing to a $420 billion increase in the overall cryptocurrency market. While optimism is high, a short-term correction is possible due to Bitcoin's overbought status, but the trend could extend into late 2026 and 2027 with prices possibly reaching $200,000.
Ethereum's price rose 29.3% over seven days, surpassing Bitcoin's 21.4% gain, driven by increased institutional interest and ETF inflows. Fundstrat's Tom Lee predicts Ethereum could reach $10,000 within two years, citing its growing role in tokenizat...
Bitcoin price remains steady above $77,000 despite the US Treasury's announcement of new economic sanctions against Iran, described as an "economic D-Day" targeting Iran's financial lifelines. The sanctions have led to a drop in oil prices to $85 per...
Tom Lee of Fundstrat believes a long-anticipated rotation into Ethereum has begun, with ETH potentially reaching $10,000 within the next one to two years. He argues Ethereum is undervalued compared to Bitcoin and could become the future settlement la...
Bitcoin experienced its largest three-year surge with a 23% rise, breaking past $77,500 driven by a $1.9 billion inflow into Bitcoin ETFs. This rally marks a strong recovery after a difficult first half of 2026, shifting market sentiment from bearish...
A cryptocurrency wallet linked to market maker Wintermute held $190.77 million in short positions on Hyperliquid as of August 24, with Ethereum as the largest short at $53.02 million, followed by Bitcoin and Solana. The wallet's short exposure increa...
