Crypto Markets Today
Bitcoin breaks out of six-week range, tops $71,000 as $3 billion in shorts get wiped out
Six weeks of compression ended in the largest short liquidation since at least 2021, with $3 billion of bearish bets forced to buy back into thin supply.
Bitcoin stuck in a six-week range as global bond yields hit highest levels for decades
BTC volatility has dropped to multi-year lows as surging Treasury yields rattle equities and traders await the Fed's July meeting minutes for clues on the interest-rate path.
Bitcoin pauses at $64,000 as rising yields, oil drag equities lower
BTC has dropped 0.6% since midnight UTC as Nasdaq 100 futures slip 1.1%, with the FOMC's July meeting minutes and a White House crypto summit both due Wednesday.
Bitcoin tracks equity bounce, but $390 million ETF outflow week keeps bulls on back foot
The price of bitcoin tracked a bounce in equities, but a $390 million ETF outflow streak and 10% odds on landmark crypto legislation leave markets searching for direction.
Bitcoin slips as U.S. inflation fails to spark gains, ETFs see August's first two-day drawdown
Spot bitcoin ETFs saw back-to-back outflows for the first time since late July as the largest cryptocurrency wiped out last week's gains and altcoins struggled to find direction.
Bitcoin holds steady near $64,000 as monero, hyperliquid outperform
Crypto markets remain in a low volatility holding pattern, trading in a tight range following Wednesday's CPI report.
Bitcoin holds near $64,000 as U.S. inflation data looms, Harmony exploit rattles altcoins
Markets are quiet ahead of the July inflation print, with bitcoin little changed, oil near $90 and Harmony nursing a fresh exploit.
Bitcoin stuck below $65,000 as Hormuz hopes evaporate, XRP close to dropping below $1
The Strait of Hormuz relief trade unraveled after Trump demanded 50 years of Iranian compensation, pushing oil back to $89 and leaving crypto and equities unchanged ahead of a pivotal CPI report.
Bitcoin steadies above $65,000 as Iran-Oman deal talk eases Hormuz concerns, lifts risk assets
BTC rose to $65,209 and Nasdaq 100 index futures gained 0.45% on reports that Iran may strike a deal with Oman to reopen the Strait of Hormuz.
Bitcoin hovers below $65,000 as Middle East tensions escalate further
Brent crude has meanwhile moved to over $83 a barrel after Yemen’s Iran-linked Houthis attacked Saudi Arabia, further escalating tensions in the Middle East.
