Bitcoin price started a recovery wave and traded above $114,000. BTC is trading above $114,000 and facing hurdles near $115,000. Bitcoin started a fresh recovery wave above the $113,500 zone. The price is trading above $114,000 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance
Bitcoin traded listlessly as September wraps up, caught inside a tight price band and showing signs of weakening momentum. Based on reports using CryptoQuant data and commentary by Axel Adler, demand cooled after the market failed to hold above $115,000, leaving traders watching a narrow corridor for the next move. The mood is neither euphoric
Michael Saylor, the executive chairman of MicroStrategy, which recently rebranded to Strategy, has once again drawn attention to the company’s aggressive Bitcoin acquisition strategy by reviving and actively utilizing the public BTC Tracker. What Is The Bitcoin Tracker And Why Does It Matter Michael Saylor has once again released the Strategy Bitcoin tracker, a chart
The U.S. dollar remains the world’s dominant reserve currency. But its share of global reserves has steadily declined, from around 72% in 2001 to 58% in 2024, according to the Federal Reserve. The global order is becoming more multipolar. IMF data shows that China’s share of the global economy based on purchasing power parity (PPP)
BTC$113,958.54 traders are once again placing bold bets on perpetual futures, undeterred by recent volatility that triggered a significant unwind of leveraged long positions. Singapore-based QCP Capital reported on Monday that open interest in perpetuals (futures with no expiration) is increasing, along with funding rates across major centralized and decentralized exchanges, signaling a strong bias
There is a major connection between Bitcoin and the United States Dollar. For traders, the Dollar Index (DXY) has always had a complicated relationship with the digital gold. As global investors gravitate toward safer assets, Bitcoin has historically tended to decline when the dollar gains strength. This pattern may recur according to the most recent
Bitcoin traders counting on upcoming U.S. employment data to gauge whether the Federal Reserve will lower interest rates again might be waiting a while as the government nears a potential shutdown. And how Bitcoin reacts to such an event remains uncertain, analysts say, potentially heightening near-term volatility. Past shutdowns have had differing affects on the
Bitcoin hits $112k, fueled by institutional buying. Strategy added 196 BTC, increasing its holdings to 640,031 BTC. Analysts see potential for $120,000 but warn of volatility risks. Bitcoin (BTC) has surged to $112k, fueled by renewed institutional interest and a significant acquisition by Strategy, the world’s largest corporate Bitcoin holder. Strategy acquires 196 BTC, holdings
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