WorldPingBitcoin’s August short squeeze pushed the price above $80,000, but the rally quickly lost momentum beneath a heavy resistance zone. With Treasury yields climbing and a major options expiry approaching, bitcoin is back inside a clearly defined range.
This is a short WorldPing brief. The full report was published by Bitcoin.com.
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WorldPingBitcoin reclaimed $81,000 on Thursday, driving its market capitalization back above $1.62 trillion for the first time in September and recording a nearly 5% 24-hour gain.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingOver the last hour, bitcoin’s price stood between $78,400 to $78,743 per coin on Thursday morning, up 2.5% over 24 hours as buyers defended a crucial support area while resistance near $79,000 and higher continued to slow the recovery.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingBitcoin rallied 5% to reclaim $80,000 as the US dollar weakened amid a suspected Bank of Japan currency intervention, though analysts remain split on the impact.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingEthereum funds broke a 12-day winning run and XRP snapped an 11-session streak on Wednesday, while Bitcoin ETFs bounced back with $101.15 million in one day after their worst outflow since July.
Brief by WorldPing · Original reporting by Decrypt
WorldPingWilly Woo sees a possible 6-to-8-year macro rhythm, while recent research says the old pattern still survives.
Brief by WorldPing · Original reporting by CryptoSlate
WorldPingBitcoin Magazine Bitcoin Rallies Over $81,000 — And Brings BTC-Related Stocks With It Bitcoin rallied again on Thursday, bringing crypto stocks with it.
Brief by WorldPing · Original reporting by Bitcoin Magazine
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