Bitcoin price slipped back below $80,000 after reaching a multi-month high above $81,200, as overbought conditions and resistance near its previous range high prompted traders to take profits. Bitcoin price cools after testing $81,200 According to data from crypto.news, Bitcoin ($BTC) price traded near $79,250 on Aug. 25 after briefly reaching approximately $81,250. The pullback
POSCO International, South Korea’s largest trading company, is pushing deeper into tokenized trade finance, completing a transaction that turned real-world receivables into digital assets on an Avalanche-based ($AVAX) blockchain network just one month after a similar pilot on Injective. The firm’s U.S. arm worked with trade finance platform Olea and asset-backed finance technology firm Intain
The recent strong surge in Bitcoin’s price signals the beginning of a new bull run in the market, according to the on-chain analytics platform CryptoQuant. The company noted that its Bitcoin Bull Score indicator rose from 30 to 80 in just one week, marking the fastest market regime change in the past year. According to
The strong rally in the cryptocurrency market in recent weeks has led to a sharp shift in investor sentiment. The Crypto Fear and Greed Index rose to 81 points, reaching its highest level of the year, pushing market sentiment into the “Extreme Greed” zone. Just a month ago, the index was in the “Fear” zone,
In brief Gold climbed toward $4,700 an ounce Tuesday, reaching its highest level since mid-May. Bitcoin crossed $80,000 for the first time in three months as the dollar weakened. Gold-backed ETFs recorded $3 billion in net inflows in July after two consecutive months of outflows. Gold climbed to a three-month high Tuesday, extending its August
Bitcoin’s price faced fresh volatility on Tuesday, nearly wiping out earlier gains as it dipped below $79,000. The pullback occurred just hours after touching a monthly high of $81,255—a level last seen around May 11. According to market data, bitcoin fell to $78,600 by mid-morning, even as the Crypto Fear and Greed Index held firm
Metaplanet, the Japan-based Bitcoin treasury company, has transferred 1,000 $BTC to Coinbase Prime, according to a report from Bitcoin News. The move, which represents a significant portion of the company’s holdings, has sparked speculation about potential selling. However, Coinbase Prime is not a standard exchange; it is a prime brokerage platform tailored for institutional investors,
Galaxy has launched a crypto-backed credit line for eligible US clients, allowing them to borrow against Bitcoin, Ether and Solana without selling their holdings. The revolving facility also accepts staked Solana. The credit line combines eligible assets under one facility. Galaxy says pledged collateral remains protected and is not rehypothecated, allowing borrowers to access cash
Strategy’s Bitcoin treasury may be less vulnerable to a crypto market crash than to a prolonged loss of capital-market access, a risk that could threaten its ability to fund roughly $1.76 billion in annual obligations without selling Bitcoin, according to a recent analysis from Regime Intelligence. According to the report, Strategy’s 840,447 $BTC stash sits
World Liberty Financial ($WLFI) CEO Zach Witkoff has publicly rejected allegations that the success of the project’s $USD1 stablecoin is linked to preferential treatment or influence from President Donald Trump’s family. In a recent CNBC interview, Witkoff dismissed concerns that companies or governments were using the stablecoin as a channel to funnel money to the