Bitcoin is consolidating between $60,000 and $66,000 with positive signs emerging despite recent challenges like a Coldcard wallet hack and geopolitical tensions. Bitcoin ETFs saw net inflows of $172 million in July, the first positive month in three, while whales purchased 30,000 BTC worth over $200 million in early August. A bullish inverse head and shoulders pattern is forming, suggesting a potential breakout above the $66,000 neckline that could lead to a retest of the 200-day moving average, signaling a possible new bullish cycle. However, risks remain from Federal Reserve policies and legislative uncertainties like the Clarity Act in the US.
Bitcoin is trading near $78,700 after multiple failed attempts to surpass the $79,500 resistance level, leaving the market uncertain between pushing toward $82,000 or falling back to support levels around $70,500 and lower. Traders are cautious ahead...
Bitcoin's price has recently been more sensitive to U.S. economic data releases, such as employment and CPI reports, than to Federal Reserve rate decisions themselves. This Friday's Consumer Price Index (CPI) report is expected to set the tone for bi...
Gratus Reserve V filed with the SEC to launch a $75 million fund that provides retail investors access to an institutional-level crypto strategy focused on XRP and ISO-20022-compliant assets. The fund highlights that buying XRP through institutional ...
Cryptocurrency markets display varied price changes, with Bitcoin trading around $79,648, up 1.43%, and Ethereum at $2,518, up 1.51%. Several altcoins such as Polkadot (DOT) and Cosmos (ATOM) show significant gains of 9.75% and 17.23% respectively, i...
The VVV cryptocurrency jumped 55.9% in 24 hours to $27.86, standing out in an otherwise steady crypto market where Bitcoin gained just 1%. This surge highlights growing investor interest in smaller altcoins despite Bitcoin's dominant 58.4% market sha...
