The cryptocurrency market continues its strong upward momentum, with Bitcoin ($BTC) surpassing $87,000 and Ethereum ($ETH) exceeding $2,800. According to OKX data, Bitcoin’s price rose to $87,010, gaining 7.41% in the last 24 hours, while Ethereum reached $2,800.26, extending its daily gain to 5.98%. Weekly chart showing the recent rise in $BTC price. There are
Bitcoin has broken above two important levels this week. Its 50-week moving average, currently sitting around $78,320, and its previous swing high from May. According to one chart analyst tracking the move, this confirms Bitcoin completed a five-part upward pattern that started from July’s low, the kind of structure that typically signals a real trend
Bitcoin pushed to a fresh eight-month high of $86,000 on Monday, extending a rally that forced bearish traders out of their short positions and drew fresh leverage bets back in. Roughly $750 million in bearish crypto derivative positions were liquidated as bitcoin cleared $82,000, a level that capped prices since August, CoinGlass data shows. When
Billionaire venture capitalist Tim Draper has criticized major technology companies such as Apple and Meta for keeping Bitcoin off their balance sheets. Draper said it was “irresponsible” for companies of their size not to hold $BTC as part of their corporate reserves. The longtime Bitcoin advocate has warned that current fiscal trends could eventually produce
Bitcoin has broken above $85,000 as renewed U.S. buying and forced short covering have put Nansen’s next targets at $87,000 and $90,000, even as large crypto traders remain net short. Nansen Senior Research Analyst Nicolai Sondergaard told crypto.news that Bitcoin’s price has turned bullish faster than positioning among crypto-native traders, creating room for underexposed market
Bitcoin’s price is closing in on $87,000 following an explosive rally, which triggered over $1 billion in liquidations across the crypto derivatives market. The cryptocurrency reached an intraday high at exactly $87,000 (at the time of this writing), with its total market cap climbing toward $1.8 trillion. Source: TradingView The move extends Bitcoin’s impressive recovery
Bitcoin could reach $457,000 within the next four years if its long-term growth trend continues, according to Bitcoin analyst Mark Harvey. Harvey’s model predicts an average price of around $457,000 over the next four years, which would mean about 54% annual growth. Bitcoin is currently around $82,830, so reaching $457,000 would require its price to
Bitcoin has recovered key long-term price levels after rising from its July low. Analysts Ki Young Ju and Ted Pillows believe this suggests the market is entering a new phase. For context, Bitcoin reached about $85,200 today, its highest level since January, and was trading above $84,500 at the time. That marks a strong recovery
Bitcoin Core developers have moved version 32.0 into release-candidate testing, with the stable software scheduled for a possible Oct. 10 release after weeks of public checks. Bitcoin Core 32 targets an Oct. 10 release Bitcoin Core’s official release schedule shows that developers created the version 32 branch and started the release-candidate cycle on Sep. 14.
In brief Bitcoin traded as high as $86,332 on Monday, its highest level since January. CoinGlass recorded $877.31 million in crypto liquidations over 24 hours, with $740.79 million coming from short positions caught by the move. The rally’s next test arrives fast: a Trump-Xi summit on September 24, a PCE inflation reading on September 30,