$83,000 is emerging as Bitcoin’s key technical level as the cryptocurrency trades above its May high. Benjamin Cowen says the weekly close could determine whether the breakout strengthens or becomes a false move. A sustained move above the level could challenge the traditional four-year cycle, while a rejection could bring another Q4 correction without necessarily
Investors locked in $2.4 billion in net realized profits following the asset’s rally toward the $85,000 zone. The current figure sits significantly below the daily range of $7 billion to $10 billion recorded during previous cycle tops. Spot Bitcoin ETFs in the United States recorded net inflows of $2.84 billion across a six-day trading span.
In a significant development for the cryptocurrency market, 1,638 Bitcoin, valued at approximately $137.4 million, was transferred between unknown wallets. This transaction, reported by the crypto commentator @whale_alert, has sparked speculation among traders regarding its implications for market dynamics. Such large movements often lead to increased scrutiny and discussion within the crypto community, suggesting potential
Intraday Reversals Drive $71M in Liquidations Bitcoin traded mostly in the $84,000-to-$85,000 range on Friday before a sudden volatility spike pushed its price near $83,000. After losing momentum following its second breach of $87,000 earlier in the week, bitcoin gradually gave back most of its Monday gains, when it had surged by more than $5,000.
Bitcoin is holding near $84,000 even as a historic US bond selloff pushes Treasury yields to decades-high levels. The benchmark 10-year Treasury yield climbed to 5.22%, extending a move that has taken borrowing costs to their highest level since 2007. The 30-year yield reached a fresh 22-year high of 5.5185% before trading around 5.511%, up
Binance founder Changpeng Zhao has an answer to whether his tweets move crypto markets, no, they don’t, even when the timing looks suspiciously perfect. Zhao addressed speculation that his August 19 tweet triggered a 20% Bitcoin rally that unfolded just hours before Trump’s crypto summit speech. “The short answer is no. I do not have
Well-known analyst Benjamin Cowen has unveiled an updated strategic model for Bitcoin in Q4 2026, urging investors to abandon forecasting in favor of responding strictly to the chart’s current structure. He made the statement as Bitcoin tested a key technical level around $83,000. The trigger for this urgent reassessment of market strategy was Bitcoin’s move
Tether CEO Paolo Ardoino has renewed attention on plans to make $USDT widely usable through Bitcoin, saying the stablecoin is “coming home.” Tether first announced its return to Bitcoin in January 2025, while companies developing the necessary payment infrastructure have worked on the rollout throughout 2026. Tether renews its Bitcoin push $USDT was initially issued
In brief Pete Hegseth’s latest financial disclosure lists Bitcoin held in a Coinbase wallet under two separate entries. The reported value ranges put the combined holding between roughly $16,000 and $65,000. No Bitcoin purchases or sales appear in the filing’s transaction section, which covers trades above $1,000. U.S. Defense Secretary Pete Hegseth holds Bitcoin in
Sequans Communications has sold its remaining 314 Bitcoin and fully exited its $BTC treasury strategy after using earlier sales to cut debt and reshape its balance sheet. Sequans said on Sept. 24 that the sale covered all Bitcoin held on its balance sheet as of June 30, leaving the semiconductor company with no cryptocurrency holdings.