Bitcoin's 50-day moving average has crossed above its 200-day moving average, signaling a bullish 'golden cross' for the first time since May 2025. Despite this positive technical indicator, Bitcoin struggled to sustain gains above $80,000 and now faces a strong resistance zone between $83,000 and $86,000, supported by multiple market indicators. Institutional Bitcoin ETFs recently saw inflows but have started to experience outflows, adding complexity to the bullish outlook. Macro factors like rising U.S. Treasury yields and potential Federal Reserve rate hikes could influence Bitcoin's next move, making the upcoming inflation data critical for sustaining momentum.
Cryptocurrency markets saw widespread declines, with Bitcoin falling 3.32% to $76,886 and Ethereum down 3.85% to $2,416. Many altcoins experienced steeper drops, including BCH down nearly 12%, UNI down 12%, and DOGE down over 8%. This broad sell-off ...
Cryptocurrency markets saw a general decline with major coins like Bitcoin dropping 2.03% to $77,737 and Ethereum falling 1.66% to $2,457.87. Other notable cryptocurrencies such as Binance Coin, XRP, and Dogecoin also experienced significant decrease...
On September 8, XRP spot ETFs attracted about $1.55 million in net inflows, making them the only crypto ETFs to see daily gains. In contrast, ETFs for Bitcoin, Ethereum, Solana, and Hyperliquid experienced net withdrawals on the same day. This highli...
Bitcoin price dropped below $78,000 on September 10, extending a pullback from early September highs near $82,280. The decline comes amid fading momentum, rising U.S. Treasury yields, and cautious trading ahead of key U.S. inflation data. Analysts no...
Coinbase CEO Brian Armstrong expressed confidence that Bitcoin could reach $400,000 by 2030, calling it a reasonable target. He cited Bitcoin's typical 4-year price cycles, recent price recovery from a low of around $57,700 in July 2026, and upcoming...
