Browsing: Bitcoin

The crypto market is finishing a rough week. Bitcoin sits at $82,768 after a 2.2% weekly dip, Ethereum is down 7.1% to $2,493, and Solana, XRP and BNB are all nursing losses between 2% and 8%. Twelve of the top 17 coins by market cap closed the week in the red.

Bitcoin price has rebounded toward $82,800 after a sharp liquidation-driven sell-off, but resistance near $84,400 stands between its weekend recovery and another attempt at $87,000. Bitcoin price traded near $82,726, down 2.2% over seven days Daily RSI stood at 50.97, while Bitcoin remained below its $84,396 Bollinger Band midpoint. U.S. spot Bitcoin ETFs recorded $678.9…

Omkar Godbole is a Co-Managing Editor and analyst on CoinDesk’s Markets team. He has been covering crypto options and futures, as well as macro and cross-asset activity, since 2019, leveraging his prior experience in directional and non-directional derivative strategies at brokerage firms. His extensive background also encompasses the FX markets, having served as a fundamental…

On Saturday (October 10), Bitcoin traded near $82,700, extending a rebound from a weekly low of $80,400. The recovery is driven by improving macroeconomic sentiment—specifically easing Middle East tensions following U.S.-Iran talks—and a modest $21.1 million net inflow into U.S. spot Bitcoin ETFs on October 9, which ended a two-day outflow streak. However, persistent high…

Bitcoin [BTC] recently faced a sharp rally. However, it’s now showing signs of a potential cooling period. This has happened because investors have started booking substantial profits, despite the price struggling to break past the resistance level. According to Santiment, Bitcoin recorded roughly $1.03 billion in realized profits in a single day recently. This marked…