Express News | BTC falls below $79,000

Market data shows that BTC has fallen below $79,000, currently trading at $78,981.06, with a 24-hour decline of 0.91%. Given the significant market volatility, please ensure proper risk management.

Breakings54minutes ago

Crypto investment heavyweight who achieved 1,000-fold returns makes major portfolio adjustment: sells Solana and shifts to a heavy position in Bitcoin

Mark Yusko, Founder and Chief Investment Officer of Morgan Creek Capital Management, stated that he has reduced most of his Solana holdings, while the proportion of Bitcoin-related holdings has surged.

Zhitong Finance11:57

Express News | Garrett Jin closes out $107 million in BTC long positions

On September 7, according to monitoring by Ember, a whale associated with Garrett Jin just closed a long position of 1,331 BTC, valued at approximately $107 million. The position was held for about three and a half months, realizing a profit of approximately $1.02 million. Currently, its main holding is a short position of 39,760 ZEC, valued at approximately $47 million, with an unrealized loss of about $24 million.

Breakings59minutes ago

Bitcoin Holds Near $76,612 After BTC Spot ETFs Take In $731 Million in a Day; XRP ETF Inflows Drop 83%

TipRanks21:19

Bitcoin Stalled at $81,000 as Altcoin Rally Fades After Weekend Surge

Bitcoin edged down to $79,300 on Monday, influenced by rising U.S. stock futures and the Labor Day holiday. The earlier momentum in altcoins such as TAO and KAS, which had surged over 12%, has dissipated amid a pullback, leaving the market in a brief period of consolidation.

Zhitong Finance20:47

Stronger-than-expected employment data weighs on Bitcoin, with regulatory developments and corporate holdings emerging as key variables.

U.S. nonfarm payrolls increased by 162,000 in August, significantly exceeding expectations and reinforcing the likelihood of a rate hike in September. Bitcoin dropped more than 2% intraday before recovering. Despite macroeconomic headwinds, the cryptocurrency is poised to record a third consecutive weekly gain, supported by regulatory progress and increased corporate accumulation.

Zhitong Finance20:44