Read sharp crypto market analysis, expert breakdowns, and on-chain insights covering Bitcoin, Ethereum, altcoins, and macro trends.
Existing fixed debt keeps its terms, while future BitBonds must clear a materially higher funding hurdle.
The 162,000 jobs gain lifted yields and the dollar, but the first selloff did not hold uniformly.
A $731 million ETF surge and stronger spot activity are replacing short covering, just as BTC runs into a crowded $80,000 to $83,000 resistance zone.
BTC pushed above the 50-week moving average near $81,800, but history only confirms the signal on a weekly close.
Their 90-day correlation has climbed to 0.55 while Bitcoin is now just 1.43 times as volatile as gold.
Bitquery traced 20.45 BTC through 34 Bitcoin swaps, and the main destination later held roughly 5 ETH less.
Bitcoin’s next breakout faces roughly $47 billion in newly profitable supply as ETF demand and macro pressure shape September.
Nearly 880,000 BTC were acquired around current prices, leaving the market trapped below $80,000 as holders get a chance to exit.
IBIT narrowly outperformed VOO since 2024, even after Bitcoin’s brutal October-to-July downturn.
