Markets
Markets coverage from the StreamSage Markets desk: Stocks, Bonds, Forex, Commodities, Funds, Derivatives, Crypto Assets. Sources on every story. Page 8.
- Bitcoin Faces Resistance Ahead of Jackson Hole Keynote
Bitcoin trades near $80,500 with an overbought RSI, while traders price one-in-three odds of a September rate hike.
- Bitcoin 23% rally lifts miner stocks past AI peers
Canaan, American Bitcoin and Cango rose as much as 67% during the period, outperforming AI-focused equities.
- Solana rises 44% on the month ahead of governance vote
Solana is up more than 8% in the past day and 44% this month, with a governance vote on network changes scheduled that could add a supply squeeze.
- BlackRock exec says the bear case on bitcoin is the real trade
Mitchnick’s comment lands while bitcoin hovers near $80,000, with spot ETF flows turning positive.
- Bitcoin Tests Largest Supply Wall at $80,000
CoinDesk reports the current price action is testing the largest supply wall, which sits near the average purchase price of Bitcoin ETF holders.
- $2.8B into US spot Bitcoin ETFs in eight days
IBIT took $2.02B of the total. Bitcoin touched $80,475 Thursday before closing near $79,520.
- Bitcoin faces key hurdle in $81,000 to $86,000 range
Glassnode identifies the price band as a major obstacle for Bitcoin to reach its January high.
- Bitcoin ETF inflows slow to $232M as BTC holds under $80K
US spot Bitcoin ETF inflows slowed to $232.1 million while an eight-day streak reached $2.8 billion, and XRP funds posted their biggest inflow since January 5.
- Six Dormant Bitcoin Wallets Move $40 Million in One Week
Six wallets dormant for over a decade moved tens of millions of dollars in BTC between August 16 and August 26.
- CryptoQuant: Bitcoin in bull market pending $83,000 break
The firm said bitcoin has entered a bull market but requires a close above $83,000 to cross its 365-day moving average for official confirmation.
- Dollar Rebounds on PCE Data and Fed Rate Hike Bets
The dollar recovered about half of last week's losses following inflation data that supported expectations of year-end rate hikes.
- Bitcoin Rallies 26% Off Mid-August Lows on Record Short Liquidations
Glassnode reports that record short liquidations and the year's strongest ETF intake drove the rally, with a $81K to $86K supply band ahead.
- XRP rebounds 32% from $1 as ETF inflows reach nine straight days
US spot XRP ETFs recorded $23.87 million in net inflows on Aug. 25, the largest daily total since May, while whale deposits to Binance hit a four-month high.
- Bitcoin pauses after 23% weekly gain as ETF demand remains steady
CoinDesk reports that Bitcoin stopped rising after adding 23% over seven days while exchange-traded fund demand held firm.
- Bitcoin ETFs cut YTD outflow deficit by more than half
Seven-day inflow streak brings funds to within $390M of matching October 2025's total.
- Crypto-Margined Bitcoin Futures Fall to 12%
Decrypt reports that crypto-margined Bitcoin futures have declined from near-total dominance to roughly 12% of the market, while leveraged traders continue to place large bets.
- Bessent Bond Buyback Plan Narrows 30-Year Swap Spread
The 30-year Treasury-swap spread hit its tightest level since February after Treasury announced a plan to at least double buybacks of longer-dated bonds.
- CryptoQuant calls Bitcoin in early bull phase but flags $83K barrier
The 24% rally has turned major market indicators bullish, yet rising profit-taking poses a near-term risk.
- Solana network activity hits record 4.2 billion transactions
CoinTelegraph reports Solana transaction volume reached a record 4.2 billion while SOL prices increased by 40%.
- Gold Hits Three-Month High as Bitcoin Crosses $80,000
Spot gold reached $4,696.18 and Bitcoin hit $81,237 as a weaker dollar and Treasury buybacks supported demand.