Bitcoin hits $64K as gold gains while oil shakes off Trump Oman threat
Bitcoin price strength saw BTC/USD pass $64,000 on 2% daily gains as gold pushed higher while US stocks wobbled on fresh USIran rhetoric. Source:Cointelegraph
Bitcoin price drops to $62.5K as trader warns weekly close may spark more losses
Bitcoin falls further toward new August lows, ignoring positive US inflation trends while US stocks continue to circle alltime highs. Source:Cointelegraph
Forecasts for $1 million bitcoin price likely look too ambitious, key ratio suggests
The thesis is that high yields on longterm U.S. Treasuries make nonyielding assets like bitcoin less attractive. Source:CoinDesk
Bitcoin eyes $63K as US CPI relief sends September Fed rate pause odds to 60%
Bitcoin price action did not reflect relief in US CPI inflation numbers matching expectations amid a warning over $63,000 failing as support.…
Bitcoin drops to one-week low as retail buys gold at highest prices since June
Bitcoin price action sank to oneweek lows ahead of US CPI data, while retail investors piled into gold ETFs and XAU/USD hit its highest levels in nine weeks.…
Bitcoin price slip wipes weekend gains as oil surge hits 5% on Hormuz disappointment
Bitcoin wobbled with US stocks as Iran deflated hopes on the reopening of the Strait of Hormuz oil route, while analysis praised “exceptionally strong”…
Bitcoin price tags $65.3K August high as low US jobs numbers cool Fed rate bets
Bitcoin hit monthtodate highs above $65,000 as riskassets gained on low US nonfarm payrolls data. Source:Cointelegraph
Bitcoin price coils under $65K as US PMI data brings new ‘stagflation’ warning
Bitcoin price action stayed compressed in an ongoing divergence from stocks and gold while US PMI data sparked fresh talk of “stagflation.” Source:Cointelegraph
Strategy’s STRC rebounds 30% as company builds cash reserve, bitcoin price stabilizes
Bitcoin sales, what is now a $4 billion cash reserve, and a $975 million repurchase program, have supported STRC’s recovery. Source:CoinDesk
Bitcoin price-metric basket sees longest capitulation since FTX blow-up: Glassnode
Glassnode confirmed that its aggregate BTC price cycle tool was in its coldest phase since the collapse of FTX in late 2022. Source:Cointelegraph
Bitcoin price sinks to 2-week lows as US stocks fail to copy Asia rebound
Bitcoin saw fresh downside pressure as US stocks tracked sideways into the end of the month, diverging from the relief bounce seen in Asia. Source:Cointelegraph
Strategy books $8.2 billion Q2 loss on bitcoin price decline
The world's largest corporate bitcoin holder says it has built a cash reserve covering more than two years of dividend payments after investors questioned its…