Bitcoin sell pressure may break $56K support as options expiry looms
The Bitcoin price could experience significant downside volatility unless it manages to recover above $60,000 before the options expire on Aug. 16. Go to Source
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The Bitcoin price could experience significant downside volatility unless it manages to recover above $60,000 before the options expire on Aug. 16. Go to Source
The United States government is currently the largest geopolitical holder of Bitcoin, with 203,000 BTC under the control of the US. Go to Source
Bitcoin’s response to the CPI report was surprisingly muted. Go to Source
The same study correctly predicted Bitcoin price to reach $65,732 in 2021, a mere $1,050 price difference from the previous all-time high. Go to Source
Bitcoin’s 2024 bull run was mainly driven by institutional inflows, which could be the key to unlocking the next leg up. Go to Source
If Bitcoin follows its standard post-halving trajectory, its price should be in the six-figure range by 2025. Go to Source
Hive’s new high-performance computing platform clocked around $2.6 million in sales in the second quarter of 2024. Go to Source
Bitcoin could gain significant traction from the growing M2 money supply, but a correction below $58,000 is still on the table before more upside. Go to Source
Solana price could also rally above $250, catalyzed by the incoming altcoin season, according to Hayes. Go to Source
Bitcoin miner TeraWulf mined 699 Bitcoin in Q2 — a 21% year-over-year decline — but still beat analyst expectations with $35.6 million in quarterly revenue. Go to Source