Bitcoin is currently trading at about $78,600, stabilising below a crucial resistance range between $83,000 and $86,000. This level aligns with various metrics, including the cost basis of long-term holders, the BTC futures liquidation map, and the break-even price of institutional ETFs. However, the selling pressure within this range is significantly muted, indicating a possible … Read more
Bitcoin has made multiple attempts to decisively surpass the significant $80,000 threshold, yet the more pertinent inquiry revolves around the reasons it has not experienced a more substantial decline. After all, the macro landscape is anything but optimistic given the renewed tensions between the US and Iran, the aggressive stance of the Federal Reserve, and … Read more
Bitcoin is characterised by its seasonal downturns during the summer months. However, August presented a distinct scenario. In fact, the leading cryptocurrency experienced its third most successful August on record. As noted on Tuesday by Bitwise’s European Head of Research, André Dragosch, bitcoin achieved returns of 25% last month. “No ‘summer lull’ so far,” Dragosch … Read more
Bitcoin exchange-traded funds have maintained their positive momentum, drawing in billions of dollars in fresh investments over the last week. U.S. investors have allocated $2.56 billion since last Monday, as reported by data, contributing to an increase in the price of the leading cryptocurrency. This week, approximately $652 million in new capital has flowed into … Read more
Bitcoin price climbed above $65,000 Monday morning, caught between a sixth straight week of spot ETF outflows, a hawkish Federal Reserve debut, and a U.S.-Iran peace deal that provided a temporary boost to risk assets. The increase occurred as U.S. and Iranian officials indicated advancements in peace negotiations in Switzerland, building upon the memorandum of … Read more
The ongoing conflict involving Iran, the U.S., and Israel has resulted in oil prices soaring beyond $100 a barrel on both sides of the Atlantic, raising concerns about potential inflationary pressures on the global economy. Asian markets are experiencing a downturn, bond yields are on the rise, and bitcoin is holding steady at $67,618.05, remaining … Read more
Bitcoin soared over $73,000 this morning, reaching a one-month high as institutional demand and technical positioning supported the market amid ongoing geopolitical conflict in the Middle East. The bitcoin price has recovered from recent lows following six straight weekly losses and five consecutive months of declines. Yesterday, the Bitcoin price approached $70,000 but did not … Read more
According to Geoff Kendrick, Bitcoin faces the potential for deeper losses as risk appetite diminishes and macroeconomic pressures intensify. In a note, Kendrick indicated that diminishing U.S. economic momentum and lowered expectations for Federal Reserve rate cuts have impacted crypto markets. He noted that declining digital-asset ETF holdings have eliminated a crucial source of demand. … Read more
In 2025, bitcoin experienced a significant transformation, evolving from a speculative risk-on asset to a foundational element of the global financial system. As the price soared to an unprecedented high of around $126,000, it eventually found stability within the $80,000 to $90,000 range. This year has been marked by a significant shift in market structure. … Read more
