While investor demand for U.S.-listed spot bitcoin $BTC$78,473.65 exchange-traded funds (ETFs) has rebounded in recent weeks, net flows for the year remain firmly in the red. A spectacular August brought in a massive $3.52 billion in fresh capital, followed by a solid $770.15 million so far this month, according to data source SoSoValue. While that
The leading cryptocurrency, Bitcoin, is trading below the $80,000 level, influenced by upcoming US inflation data and increasing expectations of a Fed interest rate hike. After rising above $82,000 last week, Bitcoin gave back some of its gains following the strong employment data released on Friday. Markets are now focused on the Producer Price Index
Tether CEO Paolo Ardoino stated that the company continues to accumulate Bitcoin and gold while pursuing its strategy of expanding the dollar network globally. In a recent interview, Ardoino noted that Tether provides dollar liquidity worldwide through $USDT and holds a significant amount of US Treasury bonds. According to Ardoino, the company actively uses a
The wait for bulls is over. Bitcoin’s BTC$78,564.82 golden cross is live, confirming a widely-tracked bullish signal on the price chart. However, its record as a standalone indicator is mixed. A golden cross occurs when an assets average price over 50 days, the so-called 50-day simple moving average, moves above its 200-day average. The crossover
Bitcoin (BTC) is once again trading like gold as investors hedge against potential inflation, according to new analysis from the digital asset management firm CoinShares. James Butterfill, CoinShares’ head of research, notes that dueling speeches from Federal Reserve chairman Kevin Warsh and Fed governor Christopher Waller left different impressions about the possibility of a September
Bitcoin has fallen 0.8% to about $79,176 over the past 24 hours as analysts forecast continued trading between $78,000 and $82,000 before the Federal Reserve’s September policy decision. Bitcoin price remains capped near $82,000 Bitfinex analysts told crypto.news that Bitcoin’s current structure supports “continued consolidation with an upside bias” rather than a confirmed breakout, as
Bitcoin has processed 893,391 transactions in one day, its fourth-highest daily total on record and a reading above the 99th percentile of its historical range. Bitcoin transaction count enters its historical top four Galaxy Research reported the milestone in a Sept. 7 post on X, placing the latest total among the most active days since
Bitcoin is trading above $79,000 after US spot ETFs pulled in a reported $730.9 million in a single day last week, their second-largest daily inflows of the year after the $843.6 million they drew in on January 14. Crypto analysis platform CryptoRus, in its latest market letter, framed this week as a test of whether
Bitcoin is trading near $79,800 after failing to hold its weekend push above $80,000, putting the $78,500-$79,000 support region back in focus. The technical setup and Binance liquidation data suggest $BTC may need to test lower liquidity before bulls can make a stronger attempt toward $83,000-$84,000. Bitcoin’s $80,500 Rejection Brings $78,500 Into Focus Bitcoin’s latest
Bitcoin’s current Miner Position Index stands at -1.2, significantly below its yearly average. According to a recent tweet from @bitfinex, this suggests that miners are holding back supply, with selling activity remaining subdued. This restrained selling could impact future market dynamics as traders assess the implications of miner behavior on Bitcoin’s price trajectory. What Happened