Bitcoin Nears $95K But Futures Show Limited Conviction

Bitcoin has rallied close to $95,000 in early 2026, marking its highest level in six weeks. However, analysts remain cautious as perpetual futures positioning remains flat and spot demand appears weak. Options markets show a more constructive shift, though much of the activity reflects short-covering rather than fresh directional bets.

about Bitcoin Nears $95K But Futures Show Limited Conviction

Crypto Market Plunge: $900M Liquidated as Bitcoin Tumbles

A massive crypto market selloff triggered over $900 million in liquidations as Bitcoin plunged to $109,000, its lowest level since July 9. The downturn was sparked by a combination of factors including a large holder selling 24,000 BTC and Federal Reserve Chair Jerome Powell’s recent comments hinting at potential interest rate cuts, which altered risk pricing among investors. While Bitcoin corrected over 10% from its August 14 all-time high, Ethereum showed relative stability trading near $4,340. Altcoins suffered even steeper losses, with Solana, Dogecoin, and others experiencing significant declines. The thin weekend liquidity exacerbated price movements, and historical patterns suggest September often brings strong pullbacks during bull markets.

about Crypto Market Plunge: $900M Liquidated as Bitcoin Tumbles

Bitcoin Plunges to 7-Week Low, $900M Liquidations Hit Traders

Bitcoin experienced a significant downturn, dropping briefly below $109,000 to hit its lowest level since July 9. This decline erased all gains following Federal Reserve Chair Jerome Powell’s Jackson Hole address, where he signaled potential interest rate cuts. The price drop led to massive liquidations totaling over $900 million within 24 hours, affecting approximately 200,000 traders. According to CoinGlass data, the majority of these liquidations were long positions. Crypto analyst Rachael Lucas from BTC Markets attributed the intensified selling pressure to a large holder offloading 24,000 BTC, which triggered a cascade of liquidations across the market.

about Bitcoin Plunges to 7-Week Low, $900M Liquidations Hit Traders

Ethereum ETFs Outpace Bitcoin with $704M Inflows

Ethereum ETFs have dominated Bitcoin funds with $704 million in inflows on Wednesday, marking a three-day total of $2.2 billion compared to Bitcoin’s $331 million. Standard Chartered has revised its Ethereum price target to $7,500 by 2025, citing strong institutional demand and limited supply. The rally has pushed Ethereum to $4,775, nearing its all-time high, while short sellers faced $127.41 million in liquidations. Analysts attribute the momentum to regulatory support and a supply-demand imbalance, with institutional buyers absorbing ETH faster than new tokens are issued. Traders now see an 86.9% chance Ethereum hits $5,000 by 2026.

about Ethereum ETFs Outpace Bitcoin with $704M Inflows

Bitcoin Hits $124K, Flips Google in Market Cap

Bitcoin reached a historic peak of $124,130, pushing its market cap to $2.46 trillion—overtaking Google as the world’s fifth-largest asset. Analysts highlight $126,000 as a critical resistance level, with predictions of further gains. Ethereum also soared, nearing its 2021 all-time high, while Bitcoin dominance dipped below 60%, signaling potential altseason. Institutional demand, corporate treasuries, and macroeconomic factors like US CPI data are driving the rally.

about Bitcoin Hits $124K, Flips Google in Market Cap