Bitcoin price climbed above $63,300 following reports that the UAE released billions of dollars in frozen Iranian assets, including about 1.5 tonnes of gold. These transfers, though unconfirmed by UAE or US officials, are linked to a possible deal where Iran would spare the UAE from future attacks. Meanwhile, oil prices fell toward $81 per barrel amid talks to reopen the Strait of Hormuz, easing inflation concerns and supporting Bitcoin's rebound after a recent slide. Bitcoin now faces resistance near $64,500 and support around $62,300, with cautious institutional demand reflected in recent ETF outflows.
Bitcoin price fell below $80,000 following stronger-than-expected US employment data that increased expectations for a Federal Reserve rate hike. The US added 162,000 jobs in August, keeping unemployment steady at 4.1%, which raised the probability o...
Bitcoin dropped nearly 3% from $81,340 to $78,915 following a stronger-than-expected US jobs report, which reduced chances of a Federal Reserve rate cut and increased the likelihood of a rate hike. Despite this pullback, Bitcoin has shown upward mome...
Dash surged 33.6% to $66.55, leading crypto gainers despite Bitcoin falling 1.2% to $79,716. The broader market showed mixed results with altcoins like NEAR also posting gains, while Bitcoin dominance remained high at 59.1%. The Fear and Greed Index ...
Bitcoin's price continues to follow its historical cycle pattern, with drawdowns becoming shallower and rallies smaller over time. Despite recurring claims that "this time is different," new buyers and institutional adoption have yet to break the lon...
Bitcoin fell below $80,000 following a stronger-than-expected U.S. jobs report showing 162,000 new jobs in August, far exceeding forecasts. This unexpected data shifted Federal Reserve rate hike odds to an even 50/50, increasing market uncertainty ah...
