Bitcoin is trading around $63,038, about 19% below its May peak near $77,500, prompting some skepticism about its future value. Citi, Standard Chartered, and TD Cowen have all lowered their 2026 Bitcoin price targets, reflecting softer demand and regulatory uncertainties. Meanwhile, gold prices have surged past $4,400 an ounce, supported by a 62% increase in central bank purchases, highlighting gold's continued strength as a defensive asset. This contrast underscores ongoing debates about Bitcoin's role as a hedge versus traditional safe havens like gold.
Bitcoin's price fell sharply to around $62,199, down 8.9% in 24 hours and 16.3% over the week, marking its lowest level since early July 2026. The decline is driven by expectations of a Federal Reserve rate hike, significant outflows totaling $1.07 b...
Bitcoin briefly rose above $64,000 late Saturday as short positions made up 52.18% of crypto liquidations in a one-hour period ending at 9:26 p.m. ET. During that hour, total liquidations across the crypto market reached about $141 million, with shor...
Binance transferred 32 million Tether USDt (USDT) to an unidentified wallet, but the recipient remains unknown. This large transfer raises questions about the purpose and destination of the funds, which could impact market liquidity or signal strateg...
AguilaTrades initiated a 40x leveraged long position on 1,000 Bitcoin, valued at approximately $64.4 million, on Saturday night. Within 30 minutes, the position showed over $1.8 million in unrealized profit. This move follows AguilaTrades' recent suc...
Bitcoin Cash (BCH) rose 3.75% within one hour to $205 on Binance spot market, even though it was down 6.10% over the previous 24 hours. The hourly gain was measured from $198 to $205, showing short-term recovery amid a broader daily decline. BCH is r...
