Last week, Bitcoin saw its most remarkable weekly increase in three years, rising from less than $65,000 to nearly $80,000 in less than 48 hours. Such explosive moves are typically followed by a sharp retracement as investors tend to secure profits, particularly after extended periods of sideways activity devoid of significant gains. BTC has indeed … Read more
Bitcoin exchange-traded funds have attracted more than $1 billion in new investments in the last three days, contributing to the surge of the leading cryptocurrency to almost $73,000. On Wednesday, investors acquired more than $500 million in shares from the funds overseen by BlackRock, Fidelity, and Greyscale, as reported. Bitcoin’s price has surged this week, … Read more
Daily liquidations of Bitcoin positions experienced a significant increase following the leading digital asset’s approach to the $70,000 mark. In the last 24 hours, traders have closed positions exceeding $1.7 billion while shorting the largest cryptocurrency, as indicated by the data. And the vast majority — $1.5 billion — of those positions were liquidated in … Read more
Spot Bitcoin exchange-traded funds experienced their most significant outflows last week since the conclusion of June, marking a reversal of the robust performance observed at the beginning of August. The 13 US-listed funds experienced a net outflow of $389.7 million during the week of August 10, following an inflow of $853.5 million in the preceding … Read more
Bitcoin remains ensnared in a low-momentum environment, with price action increasingly defined by erratic consolidation rather than a clear directional shift. The absence of liquidity and volume persists in constraining follow-through, while the existing structure allows for the possibility of another liquidity-driven movement prior to the emergence of a more robust trend. On the daily … Read more
Since bitcoin began its rapid and consistent decline in value during the fourth quarter of last year, the predominant inquiry among the cryptocurrency community has been the extent of its potential decrease. The subsequent inquiry pertains to the timing and location of the eventual bottoming out. Analysts initiated speculation following each decline. Initially, the price … Read more
While Riot, Hut 8, and Core Scientific have demonstrated robust gains, Bitdeer, Argo, and Canaan have experienced declines of 20%, 24%, and 71% year-to-date. Bitcoin mining stocks have experienced significant momentum in 2026, with Riot Platforms, Hut 8, Bitfarms, and Core Scientific achieving some of the largest year-to-date gains, as indicated by a chart shared … Read more
Bitcoin faced continued pressure on Tuesday, over 24 hours after the announcement that Strategy had sold 1,690 bitcoins to finance the repurchase of its preferred stock, leading to a decline in the cryptocurrency’s value. While bitcoin initially appeared to have strong support just below $64,000, market data indicate it lost momentum after breaching that level. … Read more
Bitcoin traders concentrated on macroeconomic factors when articulating their expectations for the future trajectory of the digital currency, which was trading within a relatively confined range. According to the source, the largest digital currency in the world by total market value dropped to over $63,700 today from $65,341.83, experiencing a slight loss of about 2.4%. … Read more
Bitcoin and cryptocurrency traders continue to grapple with the aftermath of a significant $100 million bitcoin attack, which has ignited concerns regarding a potential decline in bitcoin prices. The bitcoin price has rebounded since the attack on hardware wallet Coldcard was first reported but remains near its recent lows, leaving traders nervously braced for a … Read more
