Copper futures closed at a historic high of $6.71 per pound, driven by supply shortages and fears of dollar debasement after the US Treasury doubled bond buybacks to $4 billion. This move weakened the dollar and boosted scarce assets like gold, silver, and Bitcoin, which also saw significant gains. Bitcoin briefly surpassed $81,000, its highest since May, amid a short squeeze triggered by the Treasury's announcement. The continuation of these rallies depends on future dollar movements and Treasury buyback actions.
Bitcoin fell below $78,000 following the US July PCE inflation reading of 3.7%, which was higher than the expected 3.6%. This inflation data also caused declines in traditional markets like equities and gold. Despite the pullback, CryptoQuant signals...
Bitcoin stabilized around $78,000 after a recent pullback from over $81,000, amid the U.S. SEC's progress on updating crypto custody regulations. The SEC's proposed rule changes, now under White House review, aim to clarify how investment advisers an...
Prediction markets show mixed bets on Bitcoin's price for 2026, with probabilities spread from $50,000 to $150,000. Polymarket traders give a 69% chance Bitcoin hits $85,000 by year-end, but odds drop sharply for higher targets. Kalshi markets also s...
TRUMP memecoin surged almost 90% in five days, driven by bullish sentiment from U.S. political support for Bitcoin. After peaking near $3.68, heavy profit-taking pushed the price below $3 and now below $2. Technical signals suggest a likely test of $...
Bitcoin has started a strong recovery, with its price rising 24% since August 17 to $80,000, the highest since mid-May. CryptoQuant founder Ki Young Ju declared the Bitcoin bear cycle over, supported by bullish market indicators and increased demand....
