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Crypto
Cointelegraph · yesterday

Bitcoin price threatens $77.7K support loss with recent buyers underwater

Bitcoin has dropped below $77,700, the cost basis of traders who bought 1–3 months ago, flipping this historical support into potential resistance as underwater traders seek breakeven exits. Onchain data shows the gap between price and realized price has narrowed sharply, with the next support zone at $68,400 (representing a 12% aggregate loss for that cohort). Short-term holders with a $75,832 cost basis are also approaching breakeven, and a further decline to an MVRV ratio of 0.85 would signal "tactical capitulation."

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Macro
ForexLive · 5 days ago

investingLive Asia-Pacific market news: Binance hack shakes crypto

Asian equities sold off sharply Friday, with South Korea's KOSPI dropping 4.9% after disappointing Q3 guidance from Amazon and Intel sparked fresh AI cost concerns. The Nikkei fell 2.5%, while a suspected Binance hack—with estimates ranging $2–$3B in outflows—rattled crypto markets, triggering stablecoin freezes and a BNB drop of 8.6%. Simultaneously, the BoJ held rates unchanged at 1.25% but signalled confidence that core inflation is now consistent with its 2% target, lifting forecasts for FY2027 and doubling planned ETF sales from January 2027; US Treasuries rallied to a one-month low on the tech selloff's flight-to-safety bid.

CryptoIndicesCommoditiesEquities
Crypto
CoinDesk · last month

Bitcoin rally shows signs of cooling even as a 'bull score' gauge nears its perfect score

Bitcoin rallied to an eight-month high near $87,400 but has pulled back to $83,300 as on-chain metrics flash divergence warnings. CryptoQuant's Bull Score reached 90/100 after BTC cleared its 365-day moving average, yet underlying demand is deteriorating: spot demand contracted ~170K BTC over 30 days, futures growth collapsed 90% in 15 days (164K to 16K BTC), and recent buyers sitting on 33% unrealized gains are taking profits. Exchange deposits of altcoins hit their highest level since October 2025, suggesting sellers are positioning to dump on any bounce.

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Crypto
Investing.com — Stock Market · last month

Bitget says $351.6 million affected in wallet breach, pauses withdrawals

Bitget, a major crypto exchange, disclosed a significant wallet breach impacting $351.6 million in assets and temporarily suspended withdrawals to manage the incident. This represents a substantial security event in crypto markets that will likely pressure exchange tokens, trigger regulatory scrutiny, and affect user confidence in centralized platforms. Traders holding assets on Bitget or considering the venue should monitor developments closely, as breach-induced liquidity freezes can create cascading liquidations and forced position exits.

Risk & PsychologyLiquidity
Crypto
CoinDesk · 2 months ago

Bitcoin ETFs shed $450 million as Clarity Act fails

U.S. spot bitcoin ETFs experienced their largest single-day outflow since June ($450M) after the Senate fell short by ~10 votes on the Digital Asset Market Clarity Act, effectively halting market structure legislation for 2026. Bitcoin traded at $75,679 (1.7% down), while regulatory-sensitive tokens like XRP (–8.1%) and Stellar (–9.6%) sold off sharply; futures liquidations hit $570M, short taker flow flipped bearish, and leveraged long positions remain elevated despite the pullback.

MacroLiquidityMomentum
Crypto
CoinDesk · 2 months ago

Crypto longs worth $570 million wiped out as Clarity Act fails

The Senate's failure to pass the Clarity Act (49–50 vote) triggered roughly $571 million in bullish crypto futures liquidations over 24 hours—the largest since August 22. Bitcoin and ether longs each lost ~$190 million as markets reversed a rally built on legislative hopes; BTC remains near $75,700 within its recent range. Regulatory momentum has shifted to the executive branch and independent agencies (CFTC/SEC), leaving open questions about future crypto policy direction.

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Crypto
CoinDesk · 2 months ago

XRP sinks 10% as the Clarity Act fails and bitcoin slides toward $76,000

The Senate failed to advance the Clarity Act on a 49-50 procedural vote, falling 11 votes short of the 60 needed. XRP led the sell-off with a nearly 10% drop to $1.30, while Bitcoin slid 3% toward $76,000 and Ethereum fell 5%; the failure was driven by ethics provision disputes and regulatory staffing concerns. Crypto equities were hit harder than tokens, with Coinbase and Circle down 9%, as regulatory clarity now pivots to the SEC's framework rather than Congressional legislation.

Risk & PsychologyMacroMomentum
Macro
ForexLive · 2 months ago

investingLive Americas market news wrap: Rising oil overshadows the Fed decision

Crude jumped $4.56 to $105.99 on its 11th gain in 12 days, driven by Libya field closures and Saudi Red Sea port suspension amid geopolitical tensions; the rally pushed 10-year yields up 4.7 bps to 5.01% and weighed on equities (S&P 500 -0.4%, Bitcoin -3.9%). Markets now price 92% odds of a Fed hike Wednesday, with the dollar bid and positioning sensitive to Chair Warsh's tone on the back end. Domestic data was mixed—ADP employment beat but Empire manufacturing missed—setting up a volatile session before the central bank decision.

CryptoIndicesForexCommodities
Macro
CoinDesk · 2 months ago

Core CPI rose a faster-than-forecast 0.3% in August, setting up possible Fed rate hike

August core CPI came in hotter than expected at 0.3% month-over-month (vs. 0.2% forecast), while headline CPI matched estimates. The miss on core inflation—combined with Fed Chair Warsh's recent Jackson Hole remarks about potential tightening—sent 2-year Treasury yields up 6bps to 4.61% and markets now price in a near-certain rate hike at next week's FOMC meeting. Risk assets initially sold (Bitcoin to $76.7K), but equities futures (NDX +0.8%) recovered as traders repositioned.

CryptoIndicesForex
Crypto
Cointelegraph · 2 months ago

Bitcoin fund flows show investors trading Fed rate path, not exiting market: CoinShares

Bitcoin's inability to break $80,000 reflects heightened sensitivity to Fed policy rather than investor exodus, according to CoinShares analysis. Fund flows spiked out ($100M) after Warsh's hawkish Jackson Hole speech, then reversed sharply ($1B inflow) following Waller's dovish remarks on disinflation, with the market now pricing a 60% probability of a September rate hike. The data suggests crypto is behaving like a macro asset class, with liquidity conditions and monetary policy expectations driving price action more than crypto-specific catalysts.

MacroLiquidityMomentum
Macro
CoinDesk · 2 months ago

U.S. added stronger than expected 162,000 jobs in August as labor market bounced back

August nonfarm payrolls came in at 162,000 versus consensus of 56,000, with unemployment holding at 4.1%. The beat strengthened the case for Fed hawks pushing a September rate hike, sending Treasury yields higher (10Y +3.3bp to 4.80%, 2Y +7bp to 4.40%) and crypto lower (Bitcoin -2% below $80K). The data supports monetary tightening expectations, though the outcome likely hinges on next week's CPI report and ongoing Fed messaging around the September decision.

CryptoIndicesForex
Crypto
CoinDesk · 2 months ago

Live updates: Bitcoin ETFs take $731 million, their biggest day since January

Spot bitcoin ETFs posted their largest single-day inflow since January, with $731M in net inflows and all funds rising ~6%. BlackRock's IBIT accounted for over half the inflows, pushing total complex assets to $103B for the first time. This marks a significant shift in institutional flows and suggests renewed retail or macro appetite for bitcoin exposure via regulated vehicles.

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Macro
ForexLive · 2 months ago

Oil Shock Pushes Yields Higher as Bitcoin Resists and Gold Weakens

Renewed geopolitical escalation sent oil higher (Brent $90.49, WTI $85.76) and US 10-year yields to 4.768%—the highest since January 2025. This isn't just a headline risk; the market is now pricing in stagflation: elevated inflation expectations keeping yields elevated while growth stocks face headwinds from higher discount rates. Nasdaq futures are testing critical support at 29,385; a sustained break below would confirm a sell-the-rally bias. Bitcoin showed relative strength above $78,340 despite equity weakness, but needs to clear $79,225–$80,000 for confirmation. Gold weakened despite geopolitical risk because rising yields raised the opportunity cost of holding non-yielding assets.

CryptoIndicesMomentumCommodities
Macro
ForexLive · 2 months ago

What are the main events for today?

The session is bookended by European inflation prints (France, Spain) expected to rise but unlikely to shift ECB policy given its pre-committed September hike, and a high-stakes Fed Chair Warsh speech at 14:00 GMT that will signal whether the Fed pushes back against recent easing in financial conditions. The market's read on Warsh's tone will determine whether "debasement" trades (long metals, bitcoin, short USD) extend or pullback; a hawkish tone risks tightening financial conditions and unwinding these positions.

CryptoIndicesForex
Crypto
CoinDesk · 2 months ago

Live updates: Bitcoin tops $80,000 as ETF inflows hit eight straight days

Bitcoin has broken above $80,000 amid a sustained eight-day inflow streak into U.S. spot bitcoin ETFs, which have accumulated $2.8 billion in new capital. Ether ETFs are tracking the same daily inflow pattern, signaling broad institutional appetite for crypto exposure. With three trading sessions remaining in August, the month is positioned to become the strongest since October 2025 if the inflow momentum holds.

IndicesLiquidityMomentum
Crypto
CoinDesk · 2 months ago

A bitcoin short squeeze for the ages as futures open interest collapses

Bitcoin's recent rally has been accompanied by a sharp decline in futures open interest and falling funding rates, indicators that suggest weak hands and overleveraged shorts are being forced out rather than retail chasing highs. The structural health of the move—lower open interest + lower funding rates—contrasts with typical bubble rallies, where both metrics tend to expand as leverage builds. This setup historically precedes more durable price moves.

FuturesLiquidityMomentum
Macro
ForexLive · 2 months ago

investingLive Asia-Pacific market news: Gold down, Bitcoin up

Asia-Pacific markets opened mixed as Bitcoin jumped above $80K for the first time in 3 months while gold whipsawed between $4,690 and $4,640 with no clear catalyst, supported by renewed fiscal sustainability concerns following Treasury bond-market intervention. Central bank minutes and forward guidance dominated: RBA held rates unanimously at 4.35% but signaled readiness to hike if inflation risks materialize, while BOJ hike odds climbed to 80% for September despite a yen that remains weak, and PBOC weakened the yuan midpoint 633 pips below estimates—the largest deviation since late February. Druckenmiller criticized Treasury's yield-suppression strategy in the WSJ, reinforcing the dollar-debasement narrative that's underpinning both gold demand and crypto strength; geopolitical tensions (tanker strike off Oman) offered mixed support to oil, while Canadian tariff response looms.

CryptoIndicesForexCommodities
Crypto
CoinDesk · 2 months ago

Bitcoin hits $80,000 for the first time since May as crypto recovery accelerates

Bitcoin reached $80,000 in intraday trading, marking a significant recovery milestone and a 38% gain from its June lows. The move appears driven by shifting U.S. Treasury policy and renewed institutional inflows via spot ETFs. For active traders, this represents a test of key resistance and a potential trend confirmation if price can hold above this level; the ETF demand dynamic is worth monitoring as a liquidity driver for further upside or as a sign of exhaustion if retail capitulation has already occurred.

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Macro
ZeroHedge · 2 months ago

Gold Jumps, Curve Flattens On Report Treasury To Tap Trillion-Dollar TGA To Fund Bond Buybacks

Treasury officials disclosed plans to potentially tap the $950 billion General Account (TGA) to fund long-term bond buybacks rather than issuing short-term bills, a shift that reframes the operation as non-reserve-neutral and inflationary. The announcement prompted modest curve flattening (short-end yields up, long-end down), equity rallies, and gold/crypto bids, though the reaction in bonds was counterintuitive given the structural implications. The pivot signals Treasury willingness to directly manipulate the curve—a departure from years of messaging against market interference—and raises questions about reserve creation and inflation persistence.

CryptoIndicesForexCommodities
Crypto
Cointelegraph · 2 months ago

Bitcoin ETF inflows hit $1.9B in strongest week since October 2025

Bitcoin spot ETFs attracted $1.92 billion in net inflows during the week ending Friday, their best weekly performance in nearly 10 months, coinciding with a sharp 20% rally that pushed BTC briefly above $79,000. Spot Ether ETFs also posted $700 million in inflows, marking their strongest week since October 2025. Despite this resurgence, US spot Bitcoin ETFs remain down $2.91 billion net for 2026 year-to-date, though August has turned positive with $2.38 billion in inflows through Friday.

LiquidityMomentum