Bitcoin & Cryptocurrency News

Bitcoin is doing something it hasn’t done in 14 years.After posting gains in both July and August, Bitcoin is currently on track to finish September higher as well. If that holds through the end of the month, it would mark the first time since 2012 that Bitcoin has recorded gains in July, August and September consecutively. That makes this one of the rarer statistical streaks in Bitcoin’s trading history — and an interesting reminder of just how much the Bitcoin market has changed since the last time it happened. Three Months in the Green According to CoinDesk data, Bitcoin gained

Bitcoin pushed through $85,000 on Monday as a sharp market rally triggered hundreds of millions of dollars in short liquidations and lifted activity across the broader crypto market.Bitcoin traded around $84,984 during the late European morning, gaining more than 5% over 24 hours and breaking decisively above its September 4 high of $82,284.The move marks a significant change from the tighter trading range that dominated much of September. $648 Million in Shorts Liquidated The rally hit traders positioned for lower prices particularly hard.Across the crypto market, approximately $746 million in leveraged positions were liquidated over 24 hours, according to CoinGlass

Bitcoin is weathering a difficult September. A Federal Reserve rate hike, the CLARITY Act’s Senate setback, rising oil prices and a stronger dollar have all landed during Bitcoin’s historically weakest month. Despite the pressure, Bitcoin is down roughly 1.5% in September after gaining about 25% in August. Since 2013, Bitcoin has averaged a decline of around 3% during September. Bitcoin Absorbs a Fed Rate Hike The Federal Reserve raised its benchmark interest rate by 25 basis points this week, adding another macro headwind for Bitcoin and global markets. Higher rates affect borrowing costs, liquidity and financial conditions — all closely

A Bitcoin whale holding 500 BTC has become active after more than 12 years, moving Bitcoin that had remained untouched for over a decade.The activity was flagged by blockchain trackers Whale Alert and Lookonchain and involved Bitcoin address 18TExP. When the coins were last active, the 500 BTC was worth roughly $500,000.Bitcoin blockchain data confirms the movement of the BTC. At the time of writing, there is no confirmed exchange deposit or sale associated with the Bitcoin transaction. Bitcoin Whale Moves 500 BTC After 12 Years Large movements from a dormant Bitcoin wallet attract attention because every transaction is permanently