Bitcoin

Bitcoin

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Market Wrap: Possible Trend Reversal as Bitcoin Spikes Past $40K

The strong bounce in bitcoin over the weekend occurred as shorts covered positions.

Bitcoin 24-hour price chart

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Bitcoin Climbs Past $40K for First Time Since Mid-June

Market analysts say Monday's price gains accelerated amid a short squeeze.

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Bitcoin Spike Fueled by Short Squeeze as Market Shrugs Off Tether News

According to one analyst, some $1 billion in trading positions were liquidated as prices surged.

Bitcoin appears to have been caught up in a short squeeze that drove prices higher.

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Bigger, Better, Faster, Same – Crypto's Builders Are Upgrading, Not Breaking Ground

Are folks already out of new ideas?

MOSHED-2021-7-26-13-39-51

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Bitcoin Investment Products See 3rd Week of Outflows

Monday's bitcoin rally could encourage digital-asset inflows because many investors have been on the sidelines since the sell-off in May.

Chart shows weekly digital asset fund flows.

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Bitcoin Rallies From Oversold Levels; Resistance Nearby

Upside momentum is improving after several months of consolidation.

Bitcoin daily price chart

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Bitcoin Perpetual Futures Hit $48K on Binance

The gap over the spot market price widened to more than $8,000.

mind the gap

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Bitcoin Breaks Back Above $39K in Largest Single Daily Gain in 6 Weeks

Sunday's price rise follows an unconfirmed report Amazon is looking to accept bitcoin payments by year's end.

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