Bitcoin Price Loses Steam as Bears Circle Critical $78K Floor
WorldPing
Bitcoin’s price was trading between $78,060 and $78,500 on Tuesday morning around 8 a.m. EDT, after pulling back from the $80,537 area, leaving short-term sellers with an edge even as longer-term technical measures remained constructive.
This is a short WorldPing brief. The full report was published by Bitcoin.com.
Brent crude has surpassed $100 per barrel for the first time since July, while West Texas Intermediate topped $95 amid a military escalation in the Middle East.
Brief by WorldPing · Original reporting by Bitcoin.com
Bitcoin’s price was back around $79,000 early Wednesday after buyers aggressively defended Tuesday’s plunge to $77,603, putting the leading crypto asset within striking distance of its $79,742 session high.
Brief by WorldPing · Original reporting by Bitcoin.com
Data shows that, in the short term, the bitcoin price has been reacting more strongly to U.S. economic data releases than to the Federal Reserve’s actual rate decisions, which were influenced by that data.
Brief by WorldPing · Original reporting by Bitcoin.com
Bitcoin holders who need cash do not necessarily have to sell their BTC. They can borrow against it instead, keeping exposure to Bitcoin while using its value as collateral for a loan. The complication is that the loan they want may exist on another network.
Brief by WorldPing · Original reporting by CryptoSlate
On Sept. 9, 2026, Alby, the Bitcoin Lightning Network and Nostr tooling company, revealed a critical security flaw in older versions of Alby Hub, a Lightning-centric node and wallet.
Brief by WorldPing · Original reporting by Bitcoin.com