Bitcoin Surges Past $77K Amid Election Victory And Rate Cut, Eyeing Six-Figure Valuation

Bitcoin is experiencing a powerful rally, recently reaching $77,000 following a 10% surge in the hours around former President Trump’s election victory and another bump after the Federal Open Market Committee (FOMC) announced a rate cut. This one-two punch of political and economic news has bolstered optimism for six-figure price targets in Bitcoin’s near future. … Read more

Bitcoin Market Braces For Volatility Surge Amid Record ETF Outflows And Wallet Shifts

The Bitcoin options market is witnessing record volatility levels, reaching the highest point since April, according to Glassnode. This spike suggests that traders are bracing for potential major price swings, reflecting an atmosphere of intense anticipation and uncertainty as Bitcoin navigates turbulent market conditions. BTC options market volatility has hit record highs, the fiercest since … Read more

Bitcoin Whale Wallets On The Rise As Market Sentiment Grows

Bitcoin’s whale activity has surged in recent weeks, with wallets holding 100 or more BTC growing by 297, an increase of 1.9%. Meanwhile, smaller wallets—those holding less than 100 BTC—declined by 20,629, down 0.1%. This trend shows that large holders are accumulating, a potential signal of bullish sentiment as whales absorb coins sold by smaller … Read more