Bitcoin surged past $70,000, reaching $71,570—the highest since June 2—driven by a short squeeze that liquidated over 160,000 traders and was supported by US government actions like crypto legislation efforts and bond buybacks. Despite the rally, many experts caution this may be a liquidity-driven move rather than true demand, predicting a potential sharp decline to between $44,000 and $48,000 before a sustained bull market begins. The market remains volatile with mixed signals, including inflows into Bitcoin ETFs but ongoing skepticism about the rally's foundation.
Bitcoin's recent price movements align with a historical cycle pattern suggesting it may have reached a low point, potentially signaling the start of a new bull market. Analysts project Bitcoin could hit $190,000 soon, with some traders like Peter Br...
BTW surged 23.7% to $1.20, leading altcoin gains while Bitcoin remained stable around $85,583. This sharp rise highlights growing investor interest in specific altcoins despite a 3.3% drop in total crypto market cap and steady Bitcoin dominance at 59...
On October 5, US spot ETFs for Bitcoin and Solana experienced net outflows, while Ethereum ETFs saw net inflows, a reversal of the weekly trend where Bitcoin led inflows and Ethereum faced outflows. Over the week, Bitcoin ETFs gained $241.09 million,...
Strategy reported an estimated $20.91 billion gain on its Bitcoin holdings in Q3 2026 due to revaluation at market prices, increasing the balance sheet value to $70.82 billion from an acquisition cost of $63.95 billion. Despite this accounting gain, ...
Bitcoin fell 1.2% to about $85,600 after sellers rejected attempts to push it above $87,000 for the third time since September 23, signaling resistance at that level. Analysts note Bitcoin is nearing a critical point in a triangle pattern formed by r...
