Since August 25, Bitcoin has been wrestling with resistance near the $112,000 level. It has encountered repeated sell-offs whenever it attempts to break and stabilize above the threshold. However, despite these struggles, confidence among some investors remains intact. Instead of retreating, these holders have continued to accumulate BTC, strengthening optimism about the asset’s near-term recovery.
On Sept. 9, 2025, bitcoin is trading at $112,569 with a market capitalization of $2.24 trillion and a 24-hour trading volume of $39.50 billion. The intraday price has fluctuated between $111,200 and $113,226, suggesting a tight range amidst cautious bullish sentiment. Bitcoin The 1-hour chart for bitcoin shows signs of short-term consolidation following a peak
US President Donald Trump recently penalized India by imposing a 50% tariff on goods imported from the Asian country. Trump took this harsh stance following allegations that India purchased oil from Russia, indirectly funding the war against Ukraine. That move appears to be shaking the foundations of the Indian economy, including the IT sector, considering
Bitcoin, which reached a new high of over $124,000 in mid-August, has been on a downward trend since then. While some analysts say this could signal the start of a bear market, others argue that it is a healthy correction occurring during the bull phase. The latest updated analysis on this subject came from CryptoQuant
Plasma, a forthcoming layer-1 blockchain built for stablecoins, has made three new senior hires, Blockworks has learned exclusively. The startup brought in Murat Firat as head of product, Adam Jacobs as head of global payments, and Usmann Khan as head of protocol security. These senior level hires come shortly after the Peter Thiel-backed project held
Get ready for some exciting news from the world of corporate finance and cryptocurrency! Convano, a prominent Japanese nail salon operator, is making headlines with its ambitious plans. The company has announced a substantial Convano Bitcoin purchase, signaling a bold move into digital assets. This development highlights a growing trend of traditional businesses embracing Bitcoin.
BNP Paribas and HSBC have joined the Canton Network, a permissioned and privacy-centric blockchain popular with banks and large financial institutions. Their addition comes after Goldman Sachs, Hong Kong FMI Services and Moody’s Ratings joined in March. The Canton Network hosts more than $3.6 trillion in tokenized assets, according to the foundation. It functions as
Fidelity Investments has rolled out its tokenized money market fund on the Ethereum ETH$4,353.20 blockchain, marking the Boston-based investment management giant’s entrance in the rapidly growing tokenized asset field. Some $202 million in Fidelity Digital Interest Tokens (FDIT) were minted blockchain in early September, blockchain data on Etherscan shows. FBIT is the token representation of
U.S. spot Bitcoin exchange-traded funds (ETFs) recorded a significant influx of capital on Monday, reversing two days of consecutive outflows. The $368.25 million net inflow was the largest single-day inflow since August 8, according to SoSoValue data. With none of the twelve spot Bitcoin ETFs recording outflows, data pointed to renewed conviction from institutional investors. Fidelity’s
Just as a tense bow string pulled tightly releases energy in a sudden powerful snap, bitcoin BTC$112,640.82 seems to be building energy for wild price swings in October, mirroring a pattern from 2023. The crypto market has been boring lately, with bitcoin trading back and forth between $110,000 and $120,000. That has dented volatility expectations.