Bitcoin seen following stocks as BTC price gains 2.5% to attack $61K
Bitcoin sought weekly highs on Aug. 20 as a push above $61,000 brought hopes of a BTC price comeback. BTC/USD 1-hour chart. Source: TradingView Macro mood can give Bitcoin new…
Crypto markets provide a bird’s-eye view of a burgeoning crypto economy including Bitcoin (BTC) and a host of other crypto networks. The cryptocurrency market is radically different from the traditional global financial and commodities markets. Not only is the structure of these underlying assets fundamentally different, as they are natively digital and noncustodial in many cases, but the market participants are different as well.
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Bitcoin sought weekly highs on Aug. 20 as a push above $61,000 brought hopes of a BTC price comeback. BTC/USD 1-hour chart. Source: TradingView Macro mood can give Bitcoin new…
Stablecoin issuer Tether has minted another 1 billion USDT tokens on the Tron network, bringing the total USDT minted in the last year to $33 billion. On Aug. 20, blockchain…
Bitcoin’s price closed below its 200-day exponential moving average (EMA) for the second week in a row, but over the past 24 hours, it has rebounded above $60,000. Several charts…
Bitcoin (BTC) continued its sideways price action as buyers successfully defended the $55,724 support this week. Large fund managers have used the period of consolidation to add spot Bitcoin exchange-traded…
Ether (ETH) has been trading within a narrow $230 range since Aug. 9, maintaining a solid support level at $2,550. However, this represents a 20% decline from three weeks ago,…
Bitcoin (BTC) gained 4.3% between Aug. 16 and Aug. 18 but reversed this gain after failing to sustain levels above $60,000. The price corrected to $58,500 while the S&P 500…
Bitcoin (BTC) has been range-bound for several months, but that has not shaken the resolve of the long-term holders. Glassnode’s hodl wave chart shows that 74% of Bitcoin has not…
Kamala Harris had a chance at her Aug. 14 “Crypto4Harris” event to win back much of the ground that Donald Trump has gained since his appearance at the Bitcoin 2024…
San Francisco-based asset manager Bitwise has entered the European markets with the acquisition of crypto investment firm ETC Group. The financial details of the deal were not disclosed by the…
Bitcoin could see a breakout in September, based on historical chart patterns, and $86,000 could be the next major price target. Bitcoin price set for breakout in September Bitcoin’s (BTC)…