Bitcoin (BTC) has broken the $125,000 barrier, reaching a new all-time high in 17 years. According to CoinMarketCap data, the price rose to $125,559.21, with a trading volume of approximately $50 billion recorded in the last 24 hours. During the price surge, nearly $100 million worth of short positions were liquidated in just one hour
This is an analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole. As bitcoin BTC$124,843.47 trades in uncharted territory near record highs, traders may be searching for cues on what comes next, especially key levels that could act as magnets or resistance points. Here are three important levels worth watching closely. $126,100 This
Bitcoin has broken above $125,000 for the first time in its 17-year history. The price of Bitcoin soared to a new record high during Asia trading hours on nearly $50 billion in trading volume over the last 24 hours, per data from CoinGecko. As bullish traders piled in pushing the price upward, almost $100 million
Bitcoin broke through resistance and hit a record $124,500 on Coinbase today. The move came after nearly two weeks of testing the same level. The rally unfolded amid what is now the longest U.S. government shut down in history under the 45th and 47th president, Donald Trump. Lawmakers failed to agree on funding, and by
The amount of Bitcoin held on centralized exchanges has plunged to a six-year low as the asset climbed to a new all-time high. The total Bitcoin balance on centralized exchanges fell to a six-year low of 2.83 million BTC on Saturday, according to Glassnode. The last time that there were fewer coins stored on exchanges
Bitcoin’s supply is almost entirely in profit, and analysts warn this could trigger a short-term correction. Historically, such high profitability has often been followed by brief market pullbacks. According to analyst Ted Pillows, 99.3% of the entire Bitcoin supply is profitable at its present market price of about $121,900. When the BTC supply in profits
Tether CEO Paolo Ardoino declared that the Wallet Development Kit (WDK) of the company would be available in open-source by October 4, 2025. This achievement is the milestone of a huge democratization of cryptocurrency wallet development and may result in the creation of trillions of self-custodial wallets that offer the developer the freedom to base
Bitcoin BTC$124,058.70 surged during the Asian session on Sunday, rallying from $122,000 to $124,289 within minutes, pausing short of the record high of $124,429 reached in August. The break above $124,000 followed a massive demand for U.S.-listed spot exchange-traded funds (ETFs). which collectively registering a net inflow of $3.24 billion last week. This marks the
Stablecoins, tokenized versions of fiat currencies that move on blockchain rails, will eventually force banks and other financial institutions to offer customers yields on their deposits to remain competitive, according to Patrick Collison, CEO of payments company Stripe. The average interest rate for US savings accounts is 0.40%, and in the EU, the average rate
The Magnificent 7 collectively reached a combined market capitalization of $20.8 trillion, surpassing the EU’s GDP of $19.4 trillion. The GDP of the European Union stood at USD 19.42 trillion in 2024 and was expected to increase slightly to over USD 19.65 trillion in 2025. The European Commission revealed that the spring forecast projected real