Bitcoin (BTC) extended its losses on Friday, September 26, trading as low as $108,631 as U.S. second-quarter gross domestic product (GDP) growth revision dampened hopes for more aggressive Fed rate cuts. Spot Bitcoin exchange-traded funds (ETFs) also took a blow, recording over $253 million in outflows on Thursday, September 25, bringing the total number for
Gate emphasized that the true differentiation lies not only in speed and low transaction costs but also in the ability to provide instant liquidity and an existing user base. Additionally, they highlighted the importance of offering practical DeFi products. At the same time, the upgraded tokenomics mechanism positions GT not merely as an exchange token
Michael Saylor posted two words on Thursday — “Be Unstoppable” — just as new rankings confirmed Strategy’s unmatched lead in corporate Bitcoin holdings. The company now controls 639,835 BTC, worth more than $70 billion, with Bitcoin trading around $109,500. The distance between Saylor’s firm and the rest is wide. MARA Holdings is second with 52,477
The cryptocurrency market is a dynamic landscape, and currently, Bitcoin (BTC) finds itself in a challenging position. Many investors are wondering why the leading cryptocurrency is struggling to gain momentum, particularly as it hovers below the significant $110,000 mark. The answer, according to recent analysis, points directly to persistent Bitcoin selling pressure. What’s Driving the
In a significant development for the cryptocurrency market, Chinese publicly listed Bitcoin mining company Cangao (CANG) has made headlines by substantially increasing its Bitcoin holdings. This strategic move highlights a growing trend among institutional players to accumulate digital assets. Cangao’s Growing Bitcoin Holdings: A Strategic Accumulation? Cangao recently announced an increase of 141 BTC to
Bitcoin steadied near $109,000 early Friday as markets looked ahead to today’s PCE inflation data release at 8:30 a.m. ET, later today. The stage is set not for speculation of a first rate cut, but for confirmation of one the Fed already executed. The Federal Reserve trimmed the benchmark rate by 0.25 percentage points on
Bitcoin price today is trading near $109,000, defending a key rising channel support while struggling below the $111,000–$113,000 resistance cluster. The market is torn between weakening momentum signals and a new adoption boost after Ohio confirmed it will accept Bitcoin for tax and government payments. Bitcoin Price Tests Channel Support BTC Price Key Technical Levels
Eric Trump, businessman and son of US President Donald Trump, argued that stablecoins could protect the strength of the US dollar. Eric Trump: “Stablecoins Will Save the US Dollar” In an interview with the New York Post, Eric Trump said he believes stablecoins will “save the US dollar.” Trump specifically highlighted the stablecoin USD1, developed