WorldPingBitcoin Magazine Bitcoin Rallies Over $81,000 — And Brings BTC-Related Stocks With It Bitcoin rallied again on Thursday, bringing crypto stocks with it.
This is a short WorldPing brief. The full report was published by Bitcoin Magazine.
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WorldPingEthereum funds broke a 12-day winning run and XRP snapped an 11-session streak on Wednesday, while Bitcoin ETFs bounced back with $101.15 million in one day after their worst outflow since July.
Brief by WorldPing · Original reporting by Decrypt
WorldPingBitcoin’s August short squeeze pushed the price above $80,000, but the rally quickly lost momentum beneath a heavy resistance zone. With Treasury yields climbing and a major options expiry approaching, bitcoin is back inside a clearly defined range.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingBitcoin reclaimed $81,000 on Thursday, driving its market capitalization back above $1.62 trillion for the first time in September and recording a nearly 5% 24-hour gain.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingWilly Woo sees a possible 6-to-8-year macro rhythm, while recent research says the old pattern still survives.
Brief by WorldPing · Original reporting by CryptoSlate
WorldPingStocks and crypto rallied together after Governor Christopher Waller said he could back holding rates steady, with short sellers absorbing the brunt of the squeeze.
Brief by WorldPing · Original reporting by Decrypt
WorldPingStrive shares climbed to a year-to-date high of $26.84 on Thursday, placing the stock less than 1% below the warrants’ exercise price.
Brief by WorldPing · Original reporting by The Block
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