Bitcoin is experiencing one of its most successful quarters to date – further evidence that the leading cryptocurrency is in a bull market. As highlighted by The Kobeissi Letter this week, the price of bitcoin has increased by nearly 30% since August 19, coinciding with the U.S. Treasury’s announcement regarding plans to significantly expand its … Read more
The biggest corporate bitcoin holder, Strategy, revealed on Monday that it had purchased 1,665 coins last week for $142.7 million, marking its second consecutive purchase following a short break. The Nasdaq-listed company indicated that it had also repurchased $152 million in its preferred stock, STRC. Strategy currently possesses 847,666 bitcoins, valued at $70.5 billion, as … Read more
The narrative surrounding the 2026 Bitcoin ETF has transitioned from a phase characterised by continuous withdrawals to one marked by a modest net inflow. U.S.-listed spot Bitcoin funds have recovered from a deficit that peaked at approximately $5.8 billion in July and are currently experiencing net inflows of around $800 million for the year. That … Read more
Bitcoin traded predominantly within the $84,000 to $85,000 range on Friday, until a sudden spike in volatility caused its price to approach $83,000. After experiencing a decline in momentum subsequent to its second breach of $87,000 earlier in the week, bitcoin steadily relinquished the majority of its gains from Monday, during which it had surged … Read more
Holders of Bitcoin exchange-traded funds have returned to profitability following the recent surge in the cryptocurrency’s value. On Monday, ETF analyst James Seyffart noted on X that the morning rally in New York elevated the average investor above the estimated ETF cost basis of $81.72 for the first time since January. Bitcoin surged past $86,000, … Read more
Perhaps due to the significant escalation in the Middle East on Saturday evening, bitcoin’s notable rally was interrupted at $82,000, and the asset has since declined by nearly two thousand dollars. Most larger-cap altcoins have mirrored this trend, spearheaded by the two foremost privacy coins. Both ZEC and XMR have experienced a decline of approximately … Read more
On Friday, Bitcoin’s price surged past $81,000, even in the face of a week filled with challenges for the cryptocurrency sector. The largest cryptocurrency was recently exchanging hands at $80,982, having peaked at $81,055 at one point on Friday morning in New York. In the last 24 hours, there has been an increase of nearly … Read more
Bitcoin exhibits a degree of resilience in the face of weakness in technology stocks, whereas Ethereum is drawing significant institutional investment, evidenced by robust inflows into ETFs. Bitcoin experienced a temporary decline to $76,700 following the release of the most recent inflation data, subsequently rebounding to approximately $78,000. QCP Capital notes that this “contained” reaction … Read more
Bitcoin’s price declined on Thursday following a surge in oil prices, which exceeded $105 a barrel due to escalating tensions in the Middle East. The largest and most established cryptocurrency was recently valued at $77,208, having dipped to a low of $76,748 – a decline of over 2% in the last 24 hours. Its dip … Read more
Bitcoin traded near $79,174 on Monday, September 7, 2026, reflecting a decline of 0.9% over the past 24 hours. This movement comes as traders processed renewed concerns regarding Federal Reserve rate hikes and the upcoming U.S. Consumer Price Index data set to be released on September 11. The crypto market, with a total capitalisation hovering … Read more
