Bitcoin is consolidating around $77.3K after a powerful breakout from the $67K area. While the broader structure has improved significantly, BTC is now facing an important resistance cluster near $80K-$82K. Meanwhile, the latest Coinbase Premium reading suggests that US spot demand has yet to fully confirm the recent advance. Bitcoin Price Analysis: The Daily Chart […]
It was less than a month ago when the US Treasury Department announced it would double the maximum size of liquidity-support buybacks for longer-dated government debt. Bitcoin’s price reacted at the time with an immediate leg up. The Treasury now said it would triple it to $6 billion, but BTC remained flat and even dipped. […]
Bitcoin dipped below $80,000 as strong US jobs data raises the chances of another interest rate hike. Markets now put the odds of a Federal Reserve rate hike on September 16 at about 60%. According to the recent Bitfinex Alpha report, the US added 162,000 jobs in August, while unemployment stayed at 4.1%. The data […]
Bitcoin staged a strong rally in August, surging by almost 30%. While some believe that the bear market is over, others argue that the risk of a devastating plunge still lurks over the world’s largest crypto asset. Alphractal founder Joao Wedson said that BTC’s Balanced Price currently stands near $38,400, but historical evolution does not […]
Bitcoin is trading above $79,000 after US spot ETFs pulled in a reported $730.9 million in a single day last week, their second-largest daily inflows of the year after the $843.6 million they drew in on January 14. Crypto analysis platform CryptoRus, in its latest market letter, framed this week as a test of whether […]
Crypto holders relied more on loans backed by digital assets as market conditions weakened in 2026, according to research from CryptoQuant. The report analyzed data from crypto lender CoinRabbit. It found higher borrowing activity among both retail and high-net-worth users. Borrowing Activity Rises Crypto-backed loans allow holders to access cash without immediately selling their digital […]
El Salvador has significantly reduced public participation in its Chivo e-wallet as part of changes to the government’s involvement in Bitcoin, according to the International Monetary Fund. The IMF said efforts are also underway to improve transparency around the country’s BTC holdings across its different wallets. No Public Funds Bought Bitcoin Majority ownership and operational […]
Following last Friday’s strong US jobs report and the subsequent odd increase in expectations for an upcoming Fed rate hike, risk-on assets are entering the final week before the crucial FOMC meeting scheduled for September 15-16. In the coming days, inflation data is likely to determine whether BTC continues its recovery or faces another major […]
Given the nature of its blockchain, bitcoin was long considered to move around within a broader four-year cycle prompted by the halving, which takes place in general every four years. However, the pattern has been rejected in the past year or so, and popular on-chain analyst Willy Woo took the same approach in his latest […]
All eyes on Friday were on the US jobs report, which actually showed that the US economy had added 162,000 jobs in August, almost triple expectations of roughly 55,000-58,000. The unemployment rate remained at 4.1%, while July’s initially reported loss of 23,000 jobs was revised to a gain of 21,000. The reaction in financial markets […]