Betting markets on Polymarket now assign a 59% probability that Bitcoin will reach $80,000 before the end of August, up sharply as Bitcoin surged over 21% this month to around $77,000. The rally was sparked by the US Treasury doubling bond buybacks, easing bond market pressure and pushing investors toward scarce assets like Bitcoin. Institutional inflows into Bitcoin ETFs also hit a high, supporting the price rise. Investors are now focused on the Federal Reserve's upcoming Jackson Hole meeting and a US Senate vote on crypto legislation, both of which could influence Bitcoin's trajectory.
Solana's price surged over 5% to $91.28, reaching above $90 for the first time in over three months, driven by the largest net inflows into U.S. spot Solana ETFs in three weeks totaling $14.59 million. This inflow boosted market liquidity and investo...
Bitcoin's price has surged past $75,000, breaking a nine-month downtrend with an 8.3% gain and strong buying pressure. The breakout above $75K signals a shift in momentum, with limited resistance ahead and potential for further gains toward the $83,0...
Bitcoin surged past $79,000, pushing its market cap over $1.55 trillion and sparking a $1.22 billion short squeeze in crypto markets. This rally is driven by growing concerns over the US national debt exceeding $40 trillion, which has increased deman...
Bitcoin climbed above $75,000 for the first time in over three months, driven by the U.S. Treasury's plan to double buybacks of long-term securities and new crypto regulations proposed by the SEC. The rally also followed a significant short squeeze, ...
Bitcoin's price surged 4.57% to around $72,500, driven by strong inflows into Bitcoin ETFs totaling $472.2 million in one day and nearly $797 million over the past week. The cryptocurrency broke above the $67,333 resistance and moved past its 200-day...
