The increase in private sector jobs for August was significantly lower than what many economists had forecasted. Disappointing Private Sector Jobs Data Triggers BTC Slide Below $110K New Jersey-based human resources firm ADP reported an increase of 54,000 private sector U.S. jobs on Thursday, but that number is well below the 75,000 jobs economists were
Bitcoin’s price continues to trade between $107,000 and $113,000 at September’s start as volatility drops. Meanwhile, gold is trading near record highs, putting the correlation between the two assets into spotlight. Maartunn, a community analyst at CryptoQuant, observed that Bitcoin has now decoupled from gold in a recent tweet. But… Bitcoin is lagging. For the
Eric Trump has said the Bitcoin “floodgates are just starting to open” as American Bitcoin launches with a strategy on large-scale mining and long-term accumulation. This came during his appearance on Bloomberg on Wednesday alongside Hut 8 CEO Asher Genoot to mark the public debut of American Bitcoin. The new company combines large-scale mining operations
Bitcoin price is sitting on shaky ground. The latest ISM manufacturing data shows the US economy grinding through its sixth straight month of contraction, while tariffs, higher costs, and a crippling tax burden weigh heavily on businesses and households alike. For a risk asset like BTC price, this backdrop is toxic. The chart is already
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Comparing this year’s Bitcoin (BTC) chart to the U.S. dollar’s DXY index makes for a stark contrast. While Bitcoin has soared to new heights, breaching the $120,000 threshold, the DXY has had
Bitcoin is entering a fragile stage after days of selling pressure and uncertainty pushed the price into consolidation around the $110,000 level. Bulls are working to defend this key area, but momentum has clearly faded. The market now finds itself in a holding pattern, with investors cautious about whether Bitcoin will stabilize or break lower
Bitcoin is holding steady around $110,900 today after a choppy August filled with price swings and macroeconomic jitters impacting the current Bitcoin price prediction. Things seem to be settling down, with sentiment improving on the back of ETF inflows, a more optimistic macro picture, and increased action in the derivatives market. Traders are watching $112K
1. The Rise of the DAT: A Symptom of Shallow Understanding As Bitcoin adoption by public companies accelerates, imitators are inevitable. The latest trend? DATs — “Digital Asset Treasuries” — which seek to replicate the success of Bitcoin treasury companies by allocating reserves to altcoins like Ethereum or Dogecoin. From the outside, the surface-level pitch
TL;DR Analyst Merlijn sees Bitcoin forming two inverse head and shoulders patterns, projecting a $150K rally. Resistance near $111K remains firm, with downside targets near $103K if the price fails to break higher. Businesses allocate 22% of their profits into Bitcoin, while institutions add $43.5B to their balance sheets in 2025. Double Inverse Head and
In a tweet published today, Bloomberg’s senior commodity strategist, Mike McGlone, recalled the event that triggered the creation of Bitcoin – the Great Recession of 2008. It prepared the ground for the appearance of not only BTC but also “a flood of cryptocurrencies”. McGlone pointed out that there are approximately 20 million coins listed on