Bitcoin BTC$120,314.83 has risen 10% this week as several groups of wallet holders switch from distribution to accumulation for the first time since August. The largest cryptocurrency rose above $121,000 on Thursday, the highest since it hit a record on Aug. 14, CoinDesk data shows. The Accumulation Trend Score, which measures the relative strength of
Bitcoin price today is trading at $119,996, consolidating just under the $120,800 resistance cluster after an explosive rally from $111,000. The recovery has put BTC back at its highest levels in weeks, but momentum faces a key test at the 0.786 Fibonacci retracement and the descending trendline. Bitcoin Price Faces Resistance At Fibonacci Levels BTC
Bitcoin (BTC) climbed past $120,000 for the first time in over six weeks, lifted by weak US jobs figures, the US government shutdown, and growing bets on rate cuts. With October kicking off strongly, some analysts are calling for a year-end rally to $200,000. Yet one expert cautioned that such a surge is unlikely, citing
Paxful announced it will cease all operations by November 1, 2025, citing the lasting impact of historic misconduct by former co-founders Ray Youssef and Artur Schaback and unsustainable costs from extensive compliance remediation. The company said the decision is strategic and driven by long-term sustainability concerns despite reporting financial stability and growth under new ownership
Bitcoin price has recently surged to the $120K mark, reclaiming momentum and sparking fresh optimism across the market. The breakout highlights growing technical strength after weeks of consolidation, with BTC price showing resilience near crucial zones. Adding to this, Citigroup has outlined an ambitious projection, signaling the potential for significant upside in the months ahead.
As Bitcoin maintains its rebound push, market analysts are now eyeing a new all-time high at the 1.618 Fibonacci extension. Specifically, market watcher Jake Wu points out that Bitcoin is moving toward the 1.618 Fibonacci extension at $130,558, a target mapped from the January–April 2025 measured move. This comes as the firstborn crypto recently went
Around 28,000 Bitcoin options contracts will expire on Friday, October 3, and they have a notional value of roughly $3.37 billion. This expiry event is back to normal following last week’s epic end of third quarter event, so there is unlikely to be any impact on spot markets, which have gained this week. US labor
SWIFT — the Society for Worldwide Interbank Financial Telecommunication — will be building its recently announced blockchain payment settlement platform on Ethereum layer 2 Linea, Consensys CEO Joe Lubin has confirmed. On Monday, SWIFT revealed that it had tapped Consensys and over 30 TradFi institutions to build infrastructure for a 24/7 real-time crypto payments system
Michael Saylor’s digital asset treasury firm, Strategy, has just hit a new all-time high in crypto value, now worth more than several leading banks and equivalent to the gross domestic product of some nations. “Our journey began with $0.25 billion in Bitcoin — and an immediate $0.04 billion unrealized loss,” said Saylor on Thursday, noting