Bitcoin price breaking out toward $69,000 now opens a turbo path toward $84,000

A Bitcoin breakout attempt briefly pushed price above $65,000 on Aug. 5, but failed to sustain the move, even as Fed funds futures put the odds of a September rate hike at 57.4% as of Aug. 5, down from 80.5% a week earlier. Brent crude fell more than 5% on Aug. 4, settling near $79 […] The post Bitcoin price breaking…
Coins in this story
Discussion
Related stories

S&P 500 has added crypto's $2 trillion market cap this month. Bitcoin is not impressed. Here's why
The S&P 500 just added roughly the entire crypto market's value this month. Bitcoin has barely moved, and the reasons go beyond the obvious.

NFT startup founder charged with misusing funds from $10 million fundraising
Federal prosecutors say Taj Tarsha misled backers and used investor funds for personal expenses.

Live updates: Coinbase lets UK users trade U.S. equities. BTC trades near $65,000
Trump’s comments on jobs, inflation and a possible Strait of Hormuz deal have helped risk sentiment, but bitcoin’s next move depends on whether lower oil actually pulls Treasury yields and the dollar down.