Leading asset management firm BlackRock has consistently topped up its Bitcoin holdings in recent days, following the major price breakout the broader crypto market saw last week.
Learn how Bitcoin dominance works, what rising or falling BTC.D means, and how traders use the metric to track Bitcoin, altcoins and market cycles.
Glassnode says Bitcoin faces its supply wall between $81,000 and $86,000, where long-term holder breakevens, self-custody supply and options positioning converge. The August rally cut modeled short-liquidation fuel by 86% and reduced futures open interest 11%, while U.S. Bitcoin ETFs attracted more than $2.8 billion.
Renewed spot ETF inflows and bitcoin's declining correlation with equities are also constructive signs, according to analysts.
Blockstream published a technical proposal called SHRINCS to protect Bitcoin transactions against quantum computers. SHRINCS would process around three transactions per second, compared to the 0.36 allowed by the post-quantum scheme standardized by NIST.
Zhao told Bitcoin Asia 2026 that bitcoin could surpass gold in the next bull market, with stablecoins leading AI integration.
ETF Momentum: Bitcoin ETFs added $232.1 million on Wednesday, extending an eight-day streak totaling $2.8 billion. Market Sentiment: Bitcoin hovered near $79,520 as the Fear & Greed Index climbed to 71, signaling improving confidence despite slower Bitcoin ETFs inflows. Category Divergence: IBIT led with $2.
After a rapid rally that started on August 19, Bitcoin (BTC) has seemingly entered a consolidation phase, with $80,000 proving a difficult value to hold, and one cryptocurrency expert believes a coming correction might be a prime buying opportunity.
July's PCE inflation reading held at 3.7% headline and 3.3% core on Aug. 26, both still above the Fed's target. Futures markets responded by pushing the odds of a September rate hike to roughly 44%, up from 36% before the report.
Bitcoin price held near $79,500 on Aug. 27 after a rapid breakout from the $63,000 area, with ETF demand and U.S. policy developments supporting the rally even as technical indicators warned that momentum may be stretched.
Bitcoin is trading around $79,680 and has gained 11% over the week, driven by an eight-day streak of net inflows into spot ETFs. Bitcoin ETFs received $2.8 billion during their longest positive streak since April. Open interest in futures remains stable near 700,000 BTC.
Adopting structured, rules-based Bitcoin strategies could enhance risk-adjusted returns, potentially attracting more institutional investors. Bitcoin experts recommend defined-risk strategy for price surge.