Bitcoin starts the week with new August highs as traders weigh the impact of crunch US inflation data. Key points: US CPI and PPI data comes amid fluctuating bets on Federal Reserve interest-rate hikes in 2026. The Japanese yen remains at the forefront as it creeps back toward the key 160 level against the US
A rarely triggered Bitcoin-versus-equities pattern has returned, renewing attention on a ratio that previously appeared near three major cryptocurrency cycle bottoms. Market analyst Oliver L. Velez highlighted the setup by dividing the S&P 500 level by Bitcoin’s dollar price, reversing the usual comparison. A rising ratio shows equities gaining relative strength, while a falling reading
Bitcoin has traded within the $57,500 – $67,300 horizontal channel for over two months, reflecting a sideways trend that left users indecisive about the cryptocurrency’s next direction. The channel has narrowed into a triangular structure since the third week of July, with the digital asset’s trading volume declining steadily. Source: TradingView However, the narrowing price
BlackRock Canada launched two exchange-traded funds Monday, including a portfolio that combines globally diversified equities with a 3% allocation to Bitcoin. The two funds, which began trading on the Toronto Stock Exchange, are the iShares Equity + Bitcoin ETF Portfolio (IBQT) and the iShares Core MSCI All-International Equity Index ETF (XINT). IBQT allocates 97% of
As Bitcoin surpassed $65,000 during the day, CryptoQuant CEO Ki Young Ju offered new insights regarding $BTC. At this point, Ki Young Ju stated that the relationship between Bitcoin and gold has begun to strengthen again. According to Ju, the relationship between $BTC and gold has returned to the levels seen during the period when
Strive, an asset management firm known for its Bitcoin-focused treasury strategy, has acquired an additional 147 $BTC, increasing its total holdings to 20,167 $BTC, according to data from Bitcoin Treasuries. This latest purchase underscores the company’s continued commitment to accumulating the cryptocurrency as part of its long-term financial strategy. Details of the Purchase The acquisition
As Bitcoin seeks to stabilize above $60,000, its on-chain activity has returned to levels last observed during the 2018–2019 bear market transition, drawing a significant historical parallel. Bitcoin active addresses are the source of the crucial signal. The 30-day EMA of active addresses recently hit a low of about 609,700, while the 100-day EMA reached
Bitcoin treasury firm Strategy (MSTR) had raised $108.6 million last week through the sale of 1,690 bitcoin and an additional $653.1 million from the sale of 6.59 million shares of common stock, according to a Monday filing. The company used the bitcoin sale proceeds to repurchase 1,152,020 shares of its variable-rate preferred stock, STRC, for
Bitcoin, the leading cryptocurrency, is trading just under $65,000, up 4% in the past week. While this increases expectations for a continued rise in $BTC, one analyst has indicated a bearish forecast. At this point, experienced analyst and commodities trader Peter Brandt argued that the downside risk for Bitcoin has not yet disappeared, pointing out