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Bitcoin Price Watch: Market Sentiment Neutral, But Structure Remains Bearish


Bitcoin’s price hovered at $110,919 to $111,100 on Aug. 29, reflecting a cautious market amid persistent bearish sentiment. With a market capitalization of $2.19 trillion and a 24-hour trading volume of $40.13 billion, bitcoin moved within a tight intraday range of $109,568 to $113,291. Bitcoin...

Block’s Jack Dorsey Endorses Bitcoin’s Primary Purpose: Payments


Jack Dorsey, chairman and co‑founder of Block, reaffirmed his support for what he considers bitcoin’s primary function: payments. On social media, he liked a post that describes bitcoin as electronic cash for completing peer‑to‑peer payments. Jack Dorsey Endorses Original Bitcoin Vision: Electronic...

Bitcoin Nudged Higher by Strong US GDP Figures


The U.S. Bureau of Economic Analysis (BEA) published better-than-expected economic data on Thursday morning. Stronger-Than-Expected GDP Figures Lift BTC, Albeit Modestly The American economy roared past expectations and expanded by 3.3% in Q2 according to Thursday’s announcement by the Bureau...

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