Bitcoin’s 1-Hour Reversal Puts $78,500 Support on Watch The 1-hour chart shows how quickly bitcoin’s price conditions changed in the crazy crypto market. Bitcoin logged a staircase advance through Sept. 3 before clocking a wick at $82,281, followed by a large red candle that drove bitcoin’s price into a cluster of bids around $79,000. Last
Market Reversal Erases Gains Bitcoin erased nearly all its recent gains Friday in a sharp sell-off, sparked by stronger-than-expected U.S. jobs data that experts warn diminishes the odds of a Federal Reserve rate cut sought by the Trump administration. Overnight data showed bitcoin’s rally, which began Thursday morning, pushed the cryptocurrency above $82,000 for the
Bitcoin $BTC has risen roughly 1% over the past 24 hours to trade near $79,000 on Sept. 4, but has surrendered an earlier move above $81,000 after stronger US employment data revived expectations of another Federal Reserve rate hike. Bitcoin’s reversal followed the August US payrolls report, which showed the economy added 162,000 jobs, almost
Hedera recently announced the addition of two new partners to its Council network, WISeKey and SpaceDevUy. This expansion is significant as WISeKey brings expertise in cybersecurity and digital identity, while SpaceDevUy focuses on decentralized applications and smart contracts. These partnerships could enhance Hedera’s offerings in the growing DeFi space, as highlighted in their official tweet.
Spiko Finance is making waves in the blockchain space, reporting close to $2 billion in assets under management. The platform, which operates on Solana, has attracted 5,000 users, with hundreds of daily subscriptions and redemptions. This growth underscores the rising institutional interest in blockchain technology, particularly in cash management solutions. More details can be found
In brief The U.S. economy added 162,000 jobs in August, nearly triple the 53,000 economists expected, while unemployment held at 4.1%, according to the Bureau of Labor Statistics. Bitcoin fell back below $80,000 after touching a four-month high of $82,240 earlier Friday, as fed funds futures pushed September rate-hike odds to 58% from 49.4% a
ZKsync has announced significant security upgrades for its Boojum and EraVM chains. Over the next six months, these chains will begin deprecating their legacy execution environments, requiring user action as individual timelines are communicated. This move highlights ZKsync’s commitment to improving security protocols and enhancing user trust in its platforms. More details can be found
Bitcoin price prediction for September 5 stays bullish above $79,112, with $82,800 the level that would end the case that Bitcoin remains in a broader downtrend. $BTC holds near $80,955 after clearing $82,000 for the first time since May 11. Bitcoin Price Analysis: Can $BTC Hold the Breakout Above $82K? Bitcoin Price Analysis (Source: TradingView)
Bitcoin surged back above $81,000 on Friday, gaining nearly 6% over 24 hours as traders focused on a breakout from a short consolidation and a close above the 50-week moving average. $BTC was trading near $81,500, putting an important resistance zone around $82,000-$83,000 within reach. Bitcoin Bull Flag Breakout Puts $95,000 Target in Focus Bitcoin’s
Bitcoin price looks strong after the bounce from around $62,000 to as high as $82,300. While a drop into the usual 0.618–0.786 Fibonacci zone remains on the table, the current price action suggests buyers will step in before it gets that low. The main levels to watch are the 0.382 Fibonacci level, a nearby fair