Bitcoin’s rebound from a summer consolidation period gained momentum as improving on-chain conditions further bolstered the broader bull market structure. The latest move pushed $BTC price toward a crucial area where overhead supply had previously remained relatively thin. Bitcoin, however, had already created solid support levels between $61,849 and $63,111 prior to the recent price
Robinhood shares jumped by nearly 14% on Friday as the crypto market recovery reached companies that had a substantial exposure to digital assets. HOOD traded at $108.31 after reaching $109.71 during the session. The rally also arrived amidst Washington’s fresh attention on crypto regulation and prediction markets, with the two being the growing parts of
Bitcoin has climbed above the $78,000 mark for the first time in recent trading, reaching $78,012.26 on the Binance USDT market, according to Bitcoin World market monitoring. The move extends a broader upward trend that has seen the leading cryptocurrency gain momentum over the past week, fueled by renewed institutional interest and improving market sentiment.
Eric Trump has agreed to pull back from decision-making at World Liberty Financial’s proposed national trust bank while the crypto business works through the federal approval process. Eric, World Liberty co-founder Zak Folkman, and Emirati investor Hamad Khalfan Ali Matar Alshamsi each signed separate commitments through companies connected to them. The agreements keep all three
Bitcoin’s recent recovery from its June lows has caught the attention of analysts, with Galaxy Research suggesting that reclaiming a key technical level could confirm that the current market downturn has already bottomed out. In a report released this week, the firm highlighted the significance of the 50-week moving average (MA) as a robust indicator
Bitcoin Consolidates Near $77,000 After Multi-Month Peak Bitcoin (BTC) appeared to consolidate above $77,000 hours after reaching a multi-month peak. Despite the retreat, bitcoin remained on course to close the week with its highest gains in August so far, as it finally broke the $65,000 resistance level following weeks of failed attempts. However, before the
Bitcoin rose to its highest level in three months on Friday, capping a three-day rally that lifted every major token and broke a seven-week range, after President Donald Trump pressed the Senate to pass the CLARITY Act at a White House meeting with crypto executives on Wednesday. The Senate has a date. Cloture on the
Bitcoin has climbed about 23% over the past week to $77,535 as Bitfinex analysts say spot buying, ETF inflows and limited leverage could give the rally more staying power than a typical short squeeze. Why Bitfinex sees more runway for Bitcoin Bitfinex analysts told crypto.news that forced liquidations helped Bitcoin break out of its previous
Shares of Bitcoin miners and digital asset treasury companies surged toward the end of the week, tracking a broader rally across crypto markets after the US Treasury announced it would double certain long-dated bond buybacks — a move aimed at supporting liquidity in the Treasury market that also helped bolster risk appetite. Bitcoin ($BTC) miner
ZK proving has begun competing with trillion-dollar AI data centers for the same GPUs, raising proof costs even as Cysic reports a 9% performance gain from improving hardware use. Cysic founder and CEO Leo Fan told crypto.news that GPU use has become a binding constraint for zero-knowledge proving because proof systems now compete with heavily