Bitcoin surged past the $80,000 mark after overcoming a key resistance at $79,000, pushing its market cap to $1.61 trillion and setting up for a 20% gain in August. This rally coincides with the U.S. Treasury's plan to auction $92 billion in short-term bills, which may reduce market liquidity and pressure traditional assets. Criticism of Treasury Secretary Scott Bessent’s bond buyback strategy suggests it could undermine confidence in U.S. debt, prompting investors to seek alternatives like bitcoin and gold. The trend highlights a potential shift in capital flows toward cryptocurrencies as safe havens amid concerns over U.S. debt management.
Bitfinex transferred a total of $576.6 million in Tether (USDT) to the Tether Treasury in three large transactions on November 9, part of five major crypto transfers totaling $888.5 million within three hours. These transfers included two large USDT ...
Binance Research reports that Bitcoin's performance tends to improve when the pace of global monetary tightening slows, even if interest rates remain high. The study found a strong negative correlation between tightening momentum and Bitcoin returns,...
Pieverse (PIEVERSE) saw a significant price increase of 43.61% to $2.12 within 24 hours, outperforming other cryptocurrencies even as more tokens declined than advanced overall. Other notable gainers included Jupiter, Ether.fi, Arbitrum, and Avalanch...
Bitcoin's price on Binance briefly crossed above $73,000, reaching $73,035 at 12:22 p.m. ET Tuesday, after being just below that level minutes earlier. Despite this short-term price spike, Bitcoin's one-hour performance showed a slight decline of 0.3...
Dogecoin fell to its lowest price in three years, trading around $0.0675 on November 10, 2026, triggered by higher-than-expected US inflation data that also pulled Bitcoin below $73,000. The drop broke key support levels from August 2026, leading to ...
