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
BTC encounters a pivotal week ahead, having stabilised near $80,000 over the weekend. However, a series of significant economic events in the US could influence its duration at this level. Following last Friday’s strong US jobs report and the subsequent unusual rise in expectations for an upcoming Fed rate hike, risk-on assets are entering the … 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
The system is broken, stated the Kobeissi Letter, as the US stock market experienced a decline alongside cryptocurrency following the release of the robust jobs report. Attention was focused on the US jobs report released on Friday, revealing that the US economy added 162,000 jobs in August, significantly surpassing expectations of approximately 55,000-58,000. The unemployment … Read more
Bitcoin experienced a notable increase on Thursday; however, stocks associated with the industry saw even more rapid gains as a rally that commenced weeks prior gained renewed momentum. The price of the largest cryptocurrency reached $81,282 on Thursday morning in New York, reflecting an increase of nearly 3% over the preceding 24 hours. In the … Read more
The liquidations exceeded $200 million within a single hour as the entire market experienced a sudden downturn. After surpassing $79,000 on Sunday evening, bitcoin commenced the new business week on a negative note, declining below $77,000 within approximately an hour as geopolitical tensions reemerged in financial markets. The decline occurred in the context of renewed … Read more
Bitcoin’s rally from under $65,000 to over $81,000 encountered its initial significant macro setback following Fed Chair Kevin Warsh’s hawkish message at Jackson Hole on Friday. The larger inquiry at hand is whether the prospect of elevated interest rates and increasing Treasury yields could impede the remarkable recovery observed in the market. Despite BTC’s relative … Read more
Bitcoin surged beyond $81,000 for the first time since January on Monday before experiencing a minor decline. The recent moves have market observers questioning whether the debasement trade has returned. The largest cryptocurrency was recently trading at $79,098 on Tuesday morning in New York, following a peak of $81,160 the previous evening. Over a 24-hour … 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
Bitcoin is entrenched in its bear market; however, it is exhibiting an unusual behaviour: remaining stagnant. According to a recent report, thirty-day realised volatility has decreased to 27.2% annualised, a decline from 30.4% the previous month and significantly below bitcoin’s long-run average of approximately 80%. For an asset characterised by double-digit daily fluctuations, this represents … Read more
