Bitcoin Price Reclaims $79,000 as Open Interest Hits $140B
WorldPing
Bitcoin experienced a sharp pullback on Tuesday, sliding below $79,000 to a mid-morning low of $78,600. Despite the drop, the Crypto Fear and Greed Index remained strong at 74, signaling that traders view the move as consolidation rather than a correction.
This is a short WorldPing brief. The full report was published by Bitcoin.com.
Gold extended its August rally as a weaker dollar and falling yields boosted demand, while Bitcoin briefly climbed above $80,000 for the first time since May.
Brief by WorldPing · Original reporting by Decrypt
Bitcoin gained roughly 24% this week while the broader crypto market grew by less, a mismatch that shows up clearly in Bitcoin's rising share of the total crypto market.
Brief by WorldPing · Original reporting by Decrypt
Zcash mining is suddenly running like an industrial business again as ZEC trades near multi-year highs and specialized mining machines push network computing power into record territory.
Brief by WorldPing · Original reporting by Bitcoin.com
US spot Bitcoin exchange-traded funds (ETFs) extended their inflow streak to six trading days on Monday, adding another $337.6 million and pushing the run to roughly $2.26 billion.
Brief by WorldPing · Original reporting by CryptoSlate