Jiang Zhuoer turns bullish as ETH gains strength and Bitcoin rebounds toward $79,500.
Elon Musk, the SpaceX and Tesla chief executive who rode their soaring valuations to become the world's first trillionaire this year is seeing his $40 trillion U.S.
Bitcoin and crypto staged their strongest rally in months as Treasury intervention, regulatory moves and a historic short squeeze collided, while banks and technology companies pushed deeper into stablecoins.
Bitcoin's (BTC) daily Relative Strength Index (RSI) has climbed above 80, marking its most overbought reading since November 2024.
Did Bitcoin find a bottom, or merely discover how crowded the short trade had become?
Bitcoin tests key $76,000 support following short-term bearish signals, but long-term monthly charts keep major upside Fibonacci targets in play.
Riot Platforms entered 2026 with 3,977 BTC pledged against a $200 million Coinbase loan. Bitcoin then fell far enough that the agreement required another 1,825 BTC, taking the collateral balance to 5,802 in February.
American equities finished Friday's session in positive territory, though the advance proved insufficient to offset weekly declines across major benchmarks. The Dow Jones Industrial Average surged 518 points, representing approximately a 1% gain.
As Bitcoin continues to move upwards amid the broad crypto market recovery, one of its vocal advocates, Samson Mow, has shared an unpopular opinion about Bitcoin's momentum over the years.
Bitcoin enters the weekend within striking distance of $80,000, registering an intraday high at $79,500 on Aug. 21. The move caps the biggest weekly rally in two years, built on a rare combination.
On October 31, 2026 a new chain called ECX splits off from Bitcoin, and every holder is credited automatically. Who actually receives the coins depends on the private keys, on voluntary replay protection and on a tax rule many overlook.
Exchange-traded funds tracking spot Bitcoin and Ethereum in the United States achieved their most robust combined weekly performance since October 2025, attracting $2.61 billion in capital throughout the five trading days that concluded on August 21.