Bitcoin has gained 0.5% over the past 24 hours to trade near $77,600 on Monday, but has remained below $78,000 after repeated attempts to reclaim the $80,000 level have failed. CoinGecko put $BTC at $77,600 at the time of writing, with the cryptocurrency recovering from an intraday drop towards $76,500. Bitcoin briefly moved above $77,750
On-chain analytics company CryptoQuant stated that Bitcoin maintains its bullish outlook, but a break above the $81,700 resistance level is necessary to confirm a new bull market. Julio Moreno, the company’s head of research, noted that after Bitcoin’s 24% rise in two weeks, the movement has stalled, with the price trading between $76,000 and $82,000.
Bitwise Investment Director Matt Hougan said that despite Strategy selling over $200 million worth of Bitcoin, the rise in the BTC price indicates strong buying demand in the market. Hougan stated that the sale does not mean the company is experiencing financial difficulties, but rather was carried out as part of capital management. According to
Bloomberg Intelligence senior commodities strategist Mike McGlone said that high equity valuations and expectations that the Fed may raise interest rates again are creating strong sell signals for Bitcoin ($BTC). McGlone noted that Bitcoin’s performance over the past five years has been roughly on par with the S&P 500 index, but $BTC has experienced approximately
A major change has taken place in the Bitcoin market: its main long-term support level, the 200-week moving average (200WMA), has officially risen above $65,000. Blockstream CEO Adam Back drew attention to this milestone by sharing a new chart from Look Into Bitcoin. The market’s mathematical “floor” has reached a new all-time high, climbing from
Bitcoin traded below $77,000 on Sunday as a weak week extended into the weekend, leaving traders facing fresh AI uncertainty and an approaching Federal Reserve meeting. Bitcoin traded at $76,695 near press time, down 0.80% over 24 hours and 4.08% over seven days. The retreat puts the cryptocurrency back near a price area it visited
An open-source Bitcoin seed generator has converted radioactive decay events into 12-word and 24-word BIP39 recovery phrases using an offline hardware device. The Entropy32 Plus repository, published by developer Alexander Higgins in September 2026, contains the project’s firmware, circuit-board designs, fabrication files and printable enclosure. Higgins describes the device as an experimental, educational project and
Bitcoin is rapidly losing its status as independent digital gold and turning into an ordinary stock market puppet, Bloomberg Intelligence senior macro strategist Mike McGlone warns in a new review. In his assessment, its rigid correlation with U.S. equities and the inevitable tightening of Federal Reserve policy have created critical downside signals for the leading
Lightning Development Kit, a toolkit for building Bitcoin Lightning applications, released v0.2.6 on Sept. 9 with fixes for bugs that could divert small amounts of a node’s funds or prevent saved channel state from loading. LDK packages a Lightning implementation as a software development kit for uses including mobile wallets and payment-service infrastructure. The update
The International Energy Agency has cut its 2026 oil supply forecast and now expects full Gulf supply recovery in 2027, complicating the prospect of energy-driven relief in borrowing costs for Bitcoin investors. Its Sept. 11 report projects average global supply of 100.7 million barrels a day this year, down from 102 million in the Aug.