Bitcoin hovers around $61,000 as traders anticipate Federal Reserve Chair Jerome Powell's Jackson Hole speech, with hopes high for interest rate cuts that could drive the next price breakout.
Bitcoin’s volatility surpasses levels seen during its all-time high in March, signaling the potential for a breakout from its prolonged consolidation phase.
Despite closing below the $60K mark, Bitcoin’s bullish indicators, including long-term holder confidence, miner accumulation, and a stablecoin supply surge, suggest that September could be anything but boring for BTC.
Bitcoin’s recent negative funding rates and $9 billion in short liquidations hint at an upcoming breakout, with traders eyeing the $54,000 to $55,000 zone for accumulation.
Robert Kiyosaki warns of an impending market crash, urging people to invest in gold, silver, and Bitcoin, and to rely on self-preparation rather than the Federal Reserve.
BlackRock is rapidly closing in on Grayscale as the largest holder of on-chain crypto assets, with its portfolio nearing $21.02 billion.
Bitcoin recovers 4.4% after a sharp dip, but triple ‘death crosses’ on charts spark warnings of a potential drop below $50,000.
Bitcoin and Ethereum prices drop following the CPI report, reflecting a broader risk-off sentiment in the crypto market.
Nearly half of Bitcoin's supply has remained inactive for six months, with long-term holders (LTHs) showing strong commitment despite market volatility, according to Glassnode's latest data.
Satoshi Nakamoto, Bitcoin's mysterious creator, is expected to lose his title as the largest Bitcoin holder by the end of this year due to the rising dominance of U.S.-based Bitcoin exchange-traded funds (ETFs).
