Key Highlights: Bitcoin consolidated above $80,000 following an initial jump from $78,000, powered by a massive $267 million short squeeze. U.S. spot Bitcoin ETFs snapped a three-day outflow trend by securing $74.6 million in net inflows on Wednesday. Injective (INJ) outperformed the broader altcoin market following Nasdaq’s listing approval for Canary Capital’s staked INJ ETF. ...
Key Highlights: Crypto short liquidations exceeded $329 million in a single hour, with Bitcoin short positions making up roughly $86 million of that hourly total. Total 24-hour market liquidations surpassed $510 million as more than 119,000 leveraged traders saw their positions forcibly closed. The market surge coincided with shifting macroeconomic sentiment, as CME FedWatch tracked ...
Key Highlights: Spot bitcoin ETF inflows are currently averaging $86 million daily, tracking well below the $200 million-plus daily pace recorded during major historical price rallies. Across three major bull runs spanning 199 trading days, funds accumulated $46.7 billion, logging 39 days with inflows exceeding $500 million and six single-day records above $1 billion. Bitcoin’s ...
Key Highlights: Bitcoin climbed to its highest level in a week, trading near $83,500 on Wednesday, supported by an earnings-driven rally in Asian tech stocks and positive U.S. futures momentum. Elon Musk confirmed that SpaceX and Tesla have formed special committees to explore a merger, a deal that would consolidate more than 30,000 bitcoin — ...
Key Highlights Data from checkonchain reveals that only the 2025 bitcoin buyer cohort remains underwater, holding an average purchase cost basis of approximately $88,000. Bitcoin touched a monthly peak of $87,500 in September before pulling back below $84,000, bringing it close to the 2025 cohort’s breakeven zone. Historical yearly volume-weighted cost bases continue to dictate ...
Key Highlights The ISM Prices Index rose to 77.9 in September, reflecting broader reports of monthly input-cost increases rather than a 77.9% inflation rate. Higher input prices were reported by 58.6% of respondents, up from 46.2% in August, adding to the Federal Reserve’s policy debate. Bitcoin’s response will depend on whether upcoming employment data strengthens ...
Key Highlights Bitcoin formed a “golden cross” on September 8, when its 50-day moving average moved above its 200-day moving average. Historical cases following at least 150 days below the 200-day average recorded peak gains of approximately 100% to 600% during the subsequent year. Binance Research cautions that historical patterns are not guarantees, while elevated ...
Bitcoin pulled back on Friday afternoon after a powerful rally fueled by heavy buying from U.S. spot Bitcoin exchange-traded funds (ETFs). The leading cryptocurrency was…