The two-day short liquidation total has reached about $3.8 billion, after Thursday's figure set a record going back to 2021.
Samson Mow, CEO of the technology firm JAN3, stated that institutional and retail investors are using the asset as a hedge against banking instability. The price of Bitcoin recorded an increase of over 7% in a 24-hour period, reaching technical levels not seen in the last six weeks.
Bitcoin's sharp rebound has put the $80,000 target back in focus. Analyst Pierre Rochard expects BTC to end 2026 around this level. He believes it will make a much bigger move next year. Rochard believes Bitcoin is “not quite ready for a parabolic run” yet. However, he expects it to finish the year near $80,000.
"Bears in pain, right now," wrote bitcoin analyst James Check.
Bitcoin jumped above $75,000, hitting its highest level since April and extending its four-day gain to 20%. Trump pushed Congress to pass the Clarity Act and hinted at regulating Hyperliquid, sending the HYPE token up about 25%.
Bitcoin remained above US$72,000 early Friday after its strongest rally in months, as improving US regulatory sentiment, lower bond yields and a record wave of short liquidations propelled the broader cryptocurrency market higher. In the latest pricing, Bitcoin was around US$72,615, up more than 5%, while Ethereum was near US$2,317, up around 4.8%.
Upbit's expansion of trading pairs enhances global liquidity and price discovery, facilitating broader international access to diverse crypto assets. Upbit lists BTC and USDT trading pairs for BICO, BMT, NIL, and GWEI.
The recovery of Strategy (MSTR) and the broad rally in crypto assets during the week of August 20, 2026, have reopened the debate over the formation of a market floor. Bitcoin's price surpassed $72,000, its highest level since June, while shares of companies tied to the ecosystem posted double-digit gains.
As there's no single best bitcoin hardware wallet, only different features and trade-offs, their manufacturers also vary in how they have supported their customers following the Coldcard crisis. Fast, clear, and helpful communication might be the factor that protects your funds during similar emergencies. Bitcoin.
Only $35 million of BUZZ's stated $180 million ARR is active; the rest depends on Q4 deployments.
Bitcoin trades at $72,519 after gaining 5.87% in 24 hours, extending a sharp market rebound. Analyst Crypto Patel argues that Bitcoin is repeating a cycle pattern seen after previous major drawdowns.
The BTC price reclaimed its 200-day moving average for the first time in nine months as its rally gained momentum after the US Treasury expanded its bond buybacks.