Leading cryptocurrency Bitcoin (BTC) reached a new high last week, surpassing $124,000. However, this was short-lived, as macro data from the US led to a decline in Bitcoin and altcoins. However, analysts state that the correction is normal and they expect the rise to continue. At this point, while predictions for $150,000 and above for
The cryptocurrency world is buzzing with significant news from Southeast Asia. The Philippines is making headlines with a groundbreaking proposal to establish a strategic Bitcoin reserve, signaling a bold step towards integrating digital assets into national economic strategy. This initiative, spearheaded by a Philippine lawmaker, aims to build a substantial national holding of the world’s
Samson Mow, a Bitcoin supporter and the chief executive officer at the JAN3 company, has predicted when approximately the world’s largest cryptocurrency intends to resume its bull run. He disagreed with Dan Tapiero, who is bullish on both Bitcoin and Ethereum. Unlike the latter, Samson is known as a rigid Ethereum hater and a Bitcoin
Bitcoin’s price has been under pressure since it clinched an all-time high of $123,731 on August 14. Currently trading at $113,167, the coin’s price has fallen roughly 10% in the past week. The pullback has coincided with increased selling activity from miners, raising concerns about further downside in the near term. BTC Miners Offload Holdings
Story Highlights Bitcoin’s cycle clock ticking: Analysts say BTC could peak between October–December, echoing past 1,060-day cycle patterns. Volatility ahead: Weeks 6–8 mark “danger weeks” as Bitcoin rejects $114K resistance, mirroring previous mid-cycle pullbacks. Bitcoin is once again at one of those moments where history doesn’t repeat, but it sure does rhyme. Analysts are saying
What’s Happening With Bitcoin’s Price? BTC price dynamics (Source: TradingView) The Bitcoin price today is hovering around $112,980, up marginally by 0.1% after a volatile week that saw the pair slip from highs near $121,000. BTC is still in a rising parallel channel on the daily timeframe, but it is now testing the lower boundary
As Federal Reserve Chairman Jerome Powell’s speech at Jackson Hole approaches, the key question on everyone’s mind is: how volatile could bitcoin BTC$113,191.61 become?The answer points to slightly above average volatility, not the extreme swings that the widespread attention on the event might suggest.“BTC options are pricing in about a ±2.0% move around Powell’s Jackson
On-chain data shows that Coinbase’s cbBTC has been the fastest-growing synthetic BTC offering on Ethereum. Its supply has surged by over 160% year-to-date. The synthetic BTC landscape has significantly shifted since Coinbase first launched cbBTC in September 2024, as previously reported by Cryptopolitan. At the time of publication, the digital asset’s supply has increased from
Bitcoin price slipped to $112,828 on Aug. 22, down 1.4% on the day as retail demand cooled while whales quietly accumulated. Summary Bitcoin trades at $112,828, 9.3% below its Aug. 14 all-time high of $124,128. Retail demand is fading, but whales bought 16,000 BTC in the past week. Technicals show $112K as key support; failure
Bitcoin price is attempting to recover from $112,000. BTC is back above $113,200 but faces many hurdles on the way up to $118,000. Bitcoin started a recovery wave above the $112,500 zone. The price is trading below $115,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance