While the leading cryptocurrency Bitcoin (BTC) started to decline after the peak it reached on August 14, it still has not escaped this downward trend. While there is some bearish talk about Bitcoin, which has fallen to $108,000, the majority of analysts argue that the bull run is not over yet. At this point, the
As Bitcoin (BTC) strives to hold the $110,000 support zone, technical indicators are painting a grim picture, with the asset facing renewed selling pressure after failing to break through a key resistance area. An outlook shared by pseudonymous cryptocurrency analyst BitBull in an X post on September 4 indicated that Bitcoin was rejected from the
Bitcoin has no physical form and isn’t backed by a government or a bank, so why is it worth over $2 trillion? The answer isn’t hype; it’s a combination of hard-coded economics, unparalleled security, and powerful network effects. Here’s a breakdown of the core factors that give Bitcoin its real, durable value. It Starts with
Bitcoin financial services firm River said its business clients are reinvesting 22% of profits into Bitcoin on average, signaling growing grassroots adoption. Of River’s client base, real estate firms have been the biggest adopters with nearly 15% reinvesting profits into Bitcoin (BTC), while hospitality, finance and software sectors are allocating between 8% and 10%, River’s
According to analytics firm Arkham Intelligence, institutions are now coming back to Bitcoin (BTC) after seemingly souring on Ethereum (ETH). On Tuesday, spot BTC exchange-traded funds (ETFs) attracted $332.8 million worth of inflows, with Boston-headquartered mutual fund Fidelity accounting for the biggest chunk of the aforementioned sum ($133 million). Surprisingly, the Fidelity Wise Origin Bitcoin
Cryptocurrency analyst Joao Wedson shared a remarkable assessment stating that Bitcoin may enter a critical period in the coming period. According to Wedson, a cyclical formation they pointed out in 2024 could be completed in October 2025, marking the end of an important phase in Bitcoin’s history. Wedson suggested that if this cycle is confirmed,
Bitcoin‘s (BTC) price climbed by 1.85% to the $111,000 price range after it earlier hit a low of $110,201.55 in the market. The uptick in price suggests that the flagship cryptocurrency might be set for a sustained bullish rally. Bitcoin technical indicators suggest room for growth CoinMarketCap data reveals that Bitcoin’s price had earlier hit
The price of Bitcoin (BTC) has fallen, but has remained above $108,000 since August 29. Bitcoin price long-term prediction: bearish Bitcoin is expected to fall further after falling below the moving average lines. Currently, the upside correction is rejected at the $112,000 level. Bitcoin will resume its positive momentum once it breaks the $112,000 level
Spot Bitcoin ETFs saw a resurgence in demand, with $332.7 million in daily net inflows, the strongest level in two weeks. Summary Spot Bitcoin ETFs see $332.7 million in daily net inflows, best since mid-August The market cap for spot Bitcoin ETFs is at $109 billion, near historic highs Renewed appetite from Bitcoin exposure comes