Bitcoin (CRYPTO: $BTC) climbed above $79,000 on Friday, extending its gains for a fourth straight day as large holders increased their exposure and institutional money returned to the market. BTC rose more than 6% to reach its highest level since May, with analysts pointin
In brief - Bitcoin climbed 7.9% over 24 hours to around $77,137—up 23.2% on the week—after touching an intraday high of $79,320. - The rally triggered a short squeeze, with CoinGlass logging about $1.5 billion in total crypto liquidations across 178,777 traders in 24... ur
Bitcoin's 7.9% surge liquidated over $1.2 billion in bearish positions, fueling a short squeeze as prices neared $79,320. Bitcoin rose 7.9% to $77,137, peaking at $79,320, as a short squeeze wiped out $1.21 billion in bearish bets. The rally extended a 23.2% weekly gain, t
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt GM! Today’s top news: - Crypto majors are up another 5-10% with BTC leading; BTC at $77.4k - The BTC ETFs sa
Bitcoin faces $80,000 test as thinner weekend liquidity looms Bitcoin climbed as high as $79,400 on Friday, adding 8.8% since midnight UTC as a rally kicked off by the U.S. Treasury on Wednesday gathered steam The largest cryptocurrency was trading recently just bel
Singapore-based Bitcoin miner Poolin files for bankruptcy, citing up to $500 million in liabilities and plans to sell assets. Bitcoin mining firm Poolin Technology has filed for Chapter 11 bankruptcy in New Jersey, aiming to restructure under court protection. The company
Quick Read - Bitcoin surged 20% in under 48 hours as $3.3 billion in forced short liquidations drove bears to buy, not genuine investor demand. - Short liquidations dropped 60% in 24 hours, leaving spot Bitcoin ETFs to sustain the move. Those ETFs had pulled $606 million o
Bitcoin jumps 23% this week to $77,000, sparking debate over whether the rally marks a market bottom or a temporary rebound. Bitcoin climbed above $77,000 on Aug. 21, rising 23% from $62,800 at the start of the week. The rally marks its strongest weekly performance since 2
The recent surge in Bitcoin's (CRYPTO: $BTC) price has given Strategy (NASDAQ: $MSTR) a $1.4 billion U.S. profit on its cryptocurrency holdings. Bitcoin was trading at $77,300 U.S. early on Aug. 21, up 23% from $62,800 U.S. at the start of the week The price of BTC
Bitcoin surged to $79,000 as Treasury bond buybacks and digital asset regulation plans fueled investor optimism and crypto ETF inflows. Bitcoin climbed to $79,000, its highest level in three months, after the Treasury Department announced expanded long-term bond buybacks.
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