Bitcoin short-term holder cost basis eyes $92K as next price target

CoinTelegraph2h agoUpdated 1h ago
Bitcoin short-term holder cost basis eyes $92K as next price target
Smart Read

Bitcoin’s onchain data suggests that the upside may not be over for BTC price, but resistance at $84,000 could delay the recovery....

Coins in this story

BTC
₹81,676.74
+0.35%
Part of narrative
Regulation

Explore how Regulation is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.

Explore narrative

Related stories

CoinDesk 20 performance update: Index jumps 2.5%, continuing higher
CoinDesk1h ago60-word brief

CoinDesk 20 performance update: Index jumps 2.5%, continuing higher

Near Protocol (NEAR) surged 16% and Internet Computer (ICP) gained 10.4%, leading index higher....

Colombia wants to mine bitcoin with surplus renewable energy
CoinDesk1h ago60-word brief

Colombia wants to mine bitcoin with surplus renewable energy

Colombia's President Petro proposes using the Caribbean coast's surplus renewable energy for bitcoin mining, targeting cities like Barranquilla and Santa Marta. The plan mirrors Paraguay's successful model, which now commands 4.3% global hashrate. Petro suggests Indigenous Wayúu community co-ownership. As U.S. miners pivot toward AI, emerging nations with cheap clean power gain competitive advantage in bitcoin mining.

Zcash bets turn into second-largest liquidations behind bitcoin as ZEC rockets 30%
CoinDesk1h ago60-word brief

Zcash bets turn into second-largest liquidations behind bitcoin as ZEC rockets 30%

Zcash surged 30% to $543 Tuesday after Multicoin Capital disclosed a major ZEC position, triggering $62 million in futures liquidations—second-highest behind Bitcoin. The privacy coin's appeal stems from growing government scrutiny of crypto holdings, with 30% of ZEC now in shielded addresses, a record level suggesting real adoption rather than speculation. ZEC trades up 1,400% year-to-date.

KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.