Bitcoin’s price is currently experiencing a unique technical standoff, trading at approximately $81,500 on Saturday, Oct. 17, 2026. This situation arises as bearish short-term moving averages are in conflict with a significantly more robust longer-term structure. With a market capitalisation of approximately $1.639 trillion, daily trading volume of $13.967 billion, and a 24-hour range extending … Read more
Bitcoin’s price has experienced a decline this week in response to newly released inflation data that has exceeded expectations. However, despite the challenging near-term setup for the largest cryptocurrency, it is not considered “fundamentally bearish,” as stated by James Butterfill. In a report Friday, the analyst indicated that bitcoin’s immediate challenge arises from a macroeconomic … Read more
On Thursday, Bitcoin’s price briefly fell below $80,000 in response to U.S. inflation data that exceeded expectations. The price of the largest cryptocurrency recently reached $81,028, having declined to a low of $79,805 on Thursday morning in New York. Over a 24-hour period, it has declined by just over 1% following a recovery. However, in … Read more
The price of bitcoin declined on Wednesday following the release of data indicating that U.S. consumer prices increased more than anticipated in September, primarily driven by escalating petrol prices. The largest cryptocurrency by market capitalisation was recently trading at approximately $82,827, having experienced a decline of nearly 1% over the past 24 hours. On Wednesday … Read more
Bitcoin takes back $83,500 on Monday after a sharp correction, with the Crypto King slipping below $81,000 the previous week. Ethereum and Ripple followed Bitcoin’s trajectory, recovering and reclaiming the $2,500 and $1,400 levels after a pullback last week. The price action of these top three cryptocurrencies indicates that upside traction is diminishing, even as … Read more
U.S. investors this week altered their strategy, withdrawing $729 million from spot bitcoin exchange-traded funds — exerting downward pressure on the price of the leading cryptocurrency. Funds overseen by BlackRock, Fidelity, Morgan Stanley, and ARK 21-Shares encountered notable outflows on Wednesday and Thursday, as reported. Investors commenced the week with a divestment of approximately $90 … Read more
Bitcoin’s price has experienced a further decline, moving in tandem with other assets as the oil price continued to rise and the Federal Reserve issued a hawkish statement. The price of the leading asset recently stood at $81,203 after experiencing a decline to nearly $80,922 at one point on Thursday morning in New York. Over … Read more
Bitcoin’s price has experienced a significant decline, alongside other assets, as oil prices rise and borrowing costs escalate. The largest cryptocurrency was trading for $83,062, reflecting a decline of nearly 4% over a 24-hour period Wednesday morning in New York, after experiencing a low of $82,823 at one point. Last week, the coin approached a … Read more
Investors acquired more than $241 million in U.S. bitcoin exchange-traded funds last week, marking the third consecutive week of inflows that has contributed to maintaining the price of the leading cryptocurrency during the onset of what is referred to as “Uptober.” Data indicates that capital flowed into the popular funds daily, with the exception of … Read more
Bitcoin is currently valued at approximately $84.7K, following a robust rebound from the $60K range in recent months. The charts indicate an enhancement in market structure; however, BTC is nearing a critical resistance cluster at $88K. Meanwhile, futures taker flow has shifted back to being predominantly buyer-driven, offering a constructive momentum signal. However, the price … Read more
