High Alert
CoinDesk

Live updates: Bitcoin holds $78,000 as yen breaks 160 and rate-hike bets lift the dollar

Live updates: Bitcoin holds $78,000 as yen breaks 160 and rate-hike bets lift the dollarWorldPing

Bitcoin is holding just under $78,000 as August closes. The dollar strength that pushed the yen past its intervention line is the same force capping crypto.

This is a short WorldPing brief. The full report was published by CoinDesk.

Read the full report at CoinDesk

Related news

Why a Famous Burger Chain Now Calls Itself a ‘Bitcoin Company’WorldPing
Bitcoin.com

Why a Famous Burger Chain Now Calls Itself a ‘Bitcoin Company’

Steak ‘n Shake says bitcoin payments have strengthened sales, reduced costs, and supported investment in food quality. Its strategy now extends beyond checkout to a bitcoin reserve and employee bonuses.

Brief by WorldPing · Original reporting by Bitcoin.com

Options Bets Turn Defensive Ahead of a Bitcoin Price ShowdownWorldPing
Bitcoin.com

Options Bets Turn Defensive Ahead of a Bitcoin Price Showdown

Bitcoin derivatives traders are dragging a hefty book into September, with futures open interest at $54.82 billion while the spot price sits at $78,425 at 7 p.m. Eastern time on Aug. 30. Alongside this, options positioning tells a sharper story.

Brief by WorldPing · Original reporting by Bitcoin.com