Bitcoin (BTC) climbed above $126,000 for the first time ever on Tuesday. But what followed was a quick retreat of around 4% shortly thereafter. Despite the short-term pullback, the broader trend shows a historic lull in activity. The asset’s long-term volatility has dropped to record lows, which means that Bitcoin is entering one of its […]
Bitcoin added over 10% to its value in the past week, reaching a new all-time high of $126,080. This move comes as whale wallets acquired more than 60,000 BTC in just seven days, according to analyst Ali Martinez. As of press time, Bitcoin was trading at $124,500, with a 24-hour trading volume of over $64 […]
Bitcoin attracted record-breaking inflows of $3.55 billion last week, even as its price neared historic highs and investors avoided short products. Across the broader digital asset market, investment inflows totaled $5.95 billion, which is the largest weekly inflows ever recorded. CoinShares believes this surge indicates a delayed reaction to the FOMC’s interest rate reduction, coupled […]
After nearly two months of extended consolidation period, in which BTC even dipped below $110K on several occasions, the asset has gone on a tear in the past week and just broke its August all-time high. The cryptocurrency rocketed to just under $126K on Binance during the early trading hours of Sunday. Recall that bitcoin went […]
Bitcoin has extended its rally after a clean breakout from the descending channel, reclaiming primary structural levels and driving toward the $122K–$124K all-time high. While momentum remains strongly bullish, the market is still exposed to a brief pullback toward $114K–$118K to rebalance before any potential continuation toward new highs. Technical Analysis By Shayan The Daily […]
Around 28,000 Bitcoin options contracts will expire on Friday, October 3, and they have a notional value of roughly $3.37 billion. This expiry event is back to normal following last week’s epic end of third quarter event, so there is unlikely to be any impact on spot markets, which have gained this week. US labor […]
Around $165 billion has entered the crypto market over the past 24 hours, pushing total capitalization to $4.16 trillion, a little shy of its all-time high as digital asset momentum returns. “Risk appetite is incredibly strong,” and at near record levels, observed the Kobeissi Letter, commenting on leverage equity exchange-traded funds. That risk has extended […]
The United States government has shut down due to a failure to pass funding legislation, affecting many federal services and furloughing non-essential workers; however, essential services will continue. Crypto markets appear to have taken this in their stride with very little movement in most digital assets over the past few hours. Total capitalization is holding on […]
TL;DR Bitcoin’s price crashed hard in the past week, going from over $115,000 to under $109,000 at one point. However, the asset managed to remain above a key support level, which could send it flying toward its all-time high of over $124,000. Crash Won’t Stop BTC (For Now) When we zoom out for just a […]
Bitcoin’s latest pullback, roughly 12% below its all-time high of $124,000 all-time high, has sparked debate over whether this is a natural correction or an early warning of deeper risks. But data shows that the dip shows a maturing market where corrections reset leverage, not destroy momentum. Natural Cool-Off or Warning Shot The decline is […]