Why Bitcoin is Up Today?

Bitcoin surged by 7% in a market historically known for September volatility. Michael Saylor's confidence and market factors like the liquidation of short trades are driving this unexpected upward trend.

5 Things to Know About Bitcoin This week

Bitcoin struggles to maintain key support as macroeconomic volatility increases. Institutional outflows and market trends suggest the possibility of a bear market.

Michael Saylor Warning About Bitcoin Drop

MicroStrategy co-founder Michael Saylor advises against selling Bitcoin despite market volatility, urging investors to hold strong as the Crypto Fear and Greed index signals "extreme fear."

Why Is Bitcoin Price Down Today?

Bitcoin's recent 8% drop is driven by weak US labor market data, concerns over a potential tech bubble, and regulatory challenges, creating bearish market sentiment.

Bitcoin Traders Brush Off September Blues, Predict Price May ‘Surprise the Bears’

Tyr Capital’s Chief Investment Officer, Ed Hindi, believes that despite Bitcoin’s typical negative performance in September, factors like a U.S. Federal Reserve rate cut and a strong economy could lead to a price surprise. Hindi suggests Bitcoin is more likely to close September above $60,000 than below it, countering the usual bearish narrative.

Here's What Happened in Crypto

A new version of the infamous crypto drainer, AngelX, is wreaking havoc by deploying over 300 malicious decentralized apps (DApps) in just four days. Meanwhile, the U.S. Commodity Futures Trading Commission (CFTC) charged Uniswap with illegal derivatives trading. Bitcoin’s price dipped below $60,000, pulling the global crypto market cap under $2 trillion.

Why Is the Crypto Market Down Today?

The cryptocurrency market saw a sharp decline on September 3, with the total market capitalization dropping by over 1.5% to around $2.03 trillion. This downturn is primarily driven by weak U.S. manufacturing data and a subsequent sell-off in the stock market, raising concerns about how much longer this correction may last.

Arthur Hayes Explains Why Fed Rate Cuts Aren’t Boosting Bitcoin

Arthur Hayes, co-founder of BitMEX, has shared his insights on why Federal Reserve rate cuts may not be helping Bitcoin prices. Hayes points to the shift of money into higher-yielding reverse repurchase agreements (RRPs) rather than riskier assets, such as Bitcoin, as a key reason for the cryptocurrency’s recent struggles.

5 Things to Know in Bitcoin This Week

Bitcoin begins September under pressure, trading near $57,000 and lacking bullish momentum. While historical trends point to a challenging month, some analysts see potential for a rebound. Here’s what you need to know as the new month kicks off.

Bitcoin: What to Expect if BTC Falls Below $56K

Bitcoin has seen a sharp decline over the past week, losing over 7% of its value. If Bitcoin drops below $56,000, analysts predict a potential further correction, with risks of falling to key support levels around $50,000 or lower.

40,000 BTC Withdrawn in 48 Hours: What's Driving the Market?

How low can the Bitcoin price go?

Bitcoin reserves on exchanges have reached a new yearly low, sparking optimism for a potential bull market. With fewer Bitcoins available for immediate sale, the market could see reduced selling pressure, supporting a successful retest of the $60,000 level.