After a strong breakout that puts the six-digit $100,000 level back into consideration, Bitcoin has returned to acceleration mode, rising above $85,000. According to the provided market data, Bitcoin is currently trading at about $85,250, up about 4.4 percent over the last day and 9% over the last seven days. Can Bitcoin accelerate higher? The
Short Squeeze Drives Volume Jump Market sentiment across the cryptocurrency space flipped sharply into bullish territory as bitcoin ($BTC) pushed past $87,300, propelled by a major short squeeze and a spike in social volume. According to data from crypto intelligence platform Santiment, crowd commentary around bitcoin and the broader market reached its highest concentration of
The Call That Aged Badly Cramer’s apprehension apparently began on July 30, when, during an interview with IBM Chairman and CEO Arvind Krishna, he asked whether quantum computers could eventually crack the cryptography that protects bitcoin. Krishna’s answer was measured but still quite blatant: “I think that you should give yourself three or four years,
Bitcoin $BTC$85,927.41 remains in the hunt for further gains as falling oil prices join a growing list of tailwinds supporting the cryptocurrency. The largest cryptocurrency recently traded near $86,000 after recovering from Asian-session lows of around $85,000. Prices convincingly broke above the May high on Monday, reinforcing the bullish trend. The CoinDesk 20 Index (CD20)
Bitcoin’s break above $86,000 has cleared a major pocket of bearish leverage and put $90,000 back in traders’ sights. The largest cryptocurrency climbed as high as $87,363 over the past 24 hours, its strongest level since January, before easing to $85,824 at press time, CryptoSlate data show. The advance pushed Bitcoin through a zone that
Australia’s new 40-year economic outlook has identified artificial intelligence as one of five major transitions expected to have a profound effect on the economy in the future, though it left out any mention of crypto. The latest Intergenerational Report, published on Monday by the Australian Treasury, described agentic AI systems as having become “significantly” more
Ben Nadareski, CEO of Solana-based decentralized finance platform Solstice, said crypto markets are unlikely to return to the extreme boom-and-bust cycles as deeper liquidity brings stability to digital assets. Speaking on Cointelegraph’s Chain Reaction show, Nadareski said liquidity across major crypto trading pairs has increased significantly, even during bear markets, reducing the conditions that produced