Bitcoin has sharply rebounded above $76,000, challenging veteran trader Peter Brandt's earlier bearish prediction of a $58,000 to $62,000 target made in January 2026. The cryptocurrency rose from around $62,679 on August 17 to nearly $80,000 by August 21, driven mainly by a short squeeze that forced bearish traders out. Brandt had based his bearish outlook on technical patterns but later acknowledged the market reversal and bought the breakout. This rally highlights Bitcoin's volatility and the risks of relying solely on technical analysis for price forecasts.
Bitcoin surged over 20% to $79,500, signaling a potential new bull market as analysts note this is a major volatility-adjusted move not seen since 2018. The rally was supported by Ether and Hyperliquid gains, and was influenced by US Treasury's incre...
XRP saw a strong rally of over 46% this week, reaching a seven-month high of $1.70 before sharply dropping 14% to $1.46 in the last 24 hours. This pullback triggered more than $250 million in long position liquidations, the highest among large-cap as...
Bitcoin miners have seen a 20.41% rise in hashprice over four days, boosting their revenue to $38.29 per petahash per second, the highest since May. This increase means miners are earning more from the recent Bitcoin price rally, improving profitabil...
U.S. spot crypto ETFs for Bitcoin and Ethereum attracted $2.6 billion in net inflows last week, marking their strongest weekly performance in nearly 10 months. Bitcoin ETFs led with $1.92 billion inflows and increased trading volume, while Ethereum E...
Bitcoin surged 26% to nearly $79,500 in just five days due to a massive $3.1 billion short squeeze, triggering strong retail investor FOMO. Experts note that retail traders now have more market influence, especially through zero DTE options, with som...
