Bitcoin ($BTC) experienced one of its largest deleveraging phases on record and the biggest since 2023 in 2026, per the analysis shared on X by CryptoQuant’s Darkfost early on September 7. Indeed, according to the cryptocurrency expert, the preceding futures-dominated cycle led to a significant reduction in positions backed by borrowed money, with the year’s
Bitcoin has experienced sharp fluctuations in the past week. Having started September at around $78,000, $BTC surged above $82,000 during the week, reaching its highest level since May. However, it couldn’t maintain this level and fell back below $80,000. As of today, with Bitcoin falling below $80,000, data shows that US spot Bitcoin ETFs have
Bitcoin $BTC$79,394.02 may be a better hard asset than gold, according to a correlation study. Both have been rising recently, just as concerns about the fiscal health of advanced-economy governments have come to dominate market sentiment, pushing bond yields, or market-implied borrowing costs, higher. As of today, the 90-day correlation coefficient between $BTC and gold’s
Capital B has pulled off a rare double play in the Bitcoin treasury world: raising fresh capital and putting it straight to work buying Bitcoin within the same announcement. The company confirmed a Capital B Bitcoin acquisition of 376 $BTC, funded through a combination of financing tools that together raised more than €30 million, pushing
Bitcoin is trading around $80,000 after a recent push toward the $82,000 area. U.S. spot Bitcoin ETFs pulled in nearly $1 billion last week, marking their third consecutive week of inflows. The global largest crypto, Bitcoin, is holding close to the $80,000 level after a strong move earlier this month, while fresh demand from U.S.
This week could be the most consequential for the crypto market. Technically, Bitcoin [$BTC] started September with intense volatility. Following a 5% rally, which saw $BTC crossing $82k, the price has struggled to reclaim the $80k level. With $BTC losing the momentum at this level, a fresh bearish catalyst could induce violent selling pressure and
Bitcoin has experienced sharp fluctuations in the past week. Having started September at around $78,000, $BTC surged above $82,000 during the week, reaching its highest level since May. However, it couldn’t maintain this level and fell back below $80,000. As of today, Bitcoin has fallen below $80,000, indicating weakening risk appetite, particularly due to strong
Bitcoin $BTC$79,355.36 investors pivot to a state of distribution as the $83,000 resistance level continues to hold. The market on aggregate has entered a period of distribution, or net selling, for the first time since early June, as the largest cryptocurrency by market capitilization has struggled to break through the key $83,000 sell wall and
Following last Friday’s strong US jobs report and the subsequent odd increase in expectations for an upcoming Fed rate hike, risk-on assets are entering the final week before the crucial FOMC meeting scheduled for September 15-16. In the coming days, inflation data is likely to determine whether $BTC continues its recovery or faces another major
Ethereum co-founder Vitalik Buterin rejected a Sept. 7 prediction that artificial intelligence could undermine confidence in Bitcoin’s security and cause its price to fall by more than 50% within two years. Investor and AI-risk commentator Liron Shapira assigned a “50% confidence” level to his prediction that Bitcoin would suffer such a decline because AI could