Bitcoin is trading near $77,000 as it tests a critical support zone between $76,000 and $77,000 that could determine if its recent recovery holds. A bounce from this level might push prices back toward $79,000-$80,000, but failure to hold could lead to a sharper decline. On the weekly chart, Bitcoin still faces resistance near the 50-week moving average around $80,000, which must be surpassed to confirm a sustained bullish trend. Rising U.S. Treasury yields and geopolitical tensions add pressure, making this support test crucial for Bitcoin's near-term direction.
Bitcoin's price fell below $78,000, retreating from its recent high of $81,455, but managed to hold above the critical support level around $76,000. Despite short-term weakness and lower trading volumes during rebounds, longer-term moving averages re...
El Salvador has increased its national Bitcoin reserve to 7,762 BTC, worth about $598 million at current prices near $77,000 per coin. The government continues to buy one Bitcoin daily as part of a long-term strategy, despite the IMF's $1.4 billion f...
Bitcoin price dropped to around $76,623 as investors brace for the Federal Reserve's September 15-16 meeting, where a 68% chance of a rate hike is expected. This potential increase could strengthen the dollar and pressure Bitcoin and other risk asset...
Bitcoin's price dropped below $77,000 due to renewed U.S.-Iran strikes but quickly rebounded to around $78,000. Despite this recovery, Bitcoin remains below last week's peak near $81,400. The price movement reflects ongoing geopolitical tensions affe...
Most major cryptocurrencies saw price declines, including Bitcoin dropping 1.78% to $76,678 and Ethereum falling 3.26% to $2,378.53. Other tokens like XRP, Solana, and Zcash also experienced notable losses. A few coins showed slight gains, but overal...
