Several Bitcoin mining stocks rallied Tuesday, reflecting a broader equity surge driven by optimism around artificial intelligence productivity gains as more miners pivot toward AI and high-performance computing workloads. In addition to TeraWulf (WULF), which rallied by as much as 17% on news of a Kentucky data center acquisition site, Hut 8 (HUT), IREN (IREN) and Riot Platforms (RIOT) closed more than 5% higher on the day. The rally underscores growing investor enthusiasm for Bitcoin miners that are repurposing parts of their energy infrastructure and data center capacity to support…
Tag: Rally
Bitcoin Fake Breakdown Could Be Setting Up Next Major Rally
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When Bitcoin Gets Ignored, It Tends To Rally The Hardest, Analysts Say
A closely watched on-chain indicator has returned to a range that has marked major turning points in Bitcoin’s price history, and some analysts say the setup looks familiar. The Bitcoin Fund Flow Ratio on Binance has dropped to between 0.010 and 0.012 — a level reached only five other times since 2018, each preceding a significant recovery. Related Reading The metric tracks how much Bitcoin activity is happening on exchanges relative to the broader network. When the ratio falls, it means fewer coins are moving to exchanges, which typically signals…
Chance For Bitcoin Rally To $82K Rises As Global Tensions Cool
Key takeaways: Declining oil prices boosted global stock markets, helping lift Bitcoin back to $77,000 amid reduced inflation fears. $2.66 billion spot Bitcoin ETF outflows have kept professional crypto traders from turning resoundingly bullish. Bitcoin (BTC) reclaimed the $77,000 level on Monday following a recovery in global stock markets. US President Donald Trump stated on Saturday that talks with Iran to reopen the Strait of Hormuz were progressing, causing crude Brent oil prices to retreat to a five-week low and setting the stage for a potential Bitcoin price run to…
Bitcoin Breakout Highlights Demand But Key Rally Factors Are Absent
Bitcoin (BTC) needs fresh spot demand to absorb the rising BTC supply across exchanges and exchange-traded funds. Recent exchange inflows and ETF outflows created nearly 34,000 BTC in local selling pressure, while derivatives data showed the latest recovery was driven mostly by short covering. Bitcoin researcher Axel Adler Jr. said BTC exchange and exchange-traded fund (ETF) activity continue to show a local supply imbalance despite the latest recovery. The weekly exchange netflows climbed by roughly 18,000 BTC, indicating more coins were added to exchanges than were withdrawn. Higher BTC inflows…
HYPE Rally Accelerates Above $60 As High-Profile Whale Quietly Builds His Position
HYPE has surged above its all-time highs, reaching $65 yesterday in a move that has captured the attention of the broader crypto market at a moment when most assets are struggling under selling pressure. The breakout is significant on its own terms — but data from Hyperliquid has surfaced a detail about who is accumulating the asset that adds a layer of conviction signal to the price action that the chart alone cannot provide. Related Reading Garrett Jin — the whale identified as the trader who placed a $735 million…
Bitcoin Rally Faces Fresh Test As Demand Metric Hits 2026 Low
Bitcoin’s demand backdrop has weakened sharply, according to CryptoQuant analyst Darkfost, who said an on-chain gauge of apparent demand has fallen to its most bearish reading of the year. Darkfost, posting on X under the handle @Darkfost_Coc, shared a CryptoQuant chart showing Bitcoin Apparent Demand on a 30-day sum basis falling deep into negative territory. The analyst said the metric is now approaching minus 147,000 BTC, marking its weakest level since the beginning of 2026. “Bitcoin’s Apparent Demand has just reached its most negative level since the beginning of the…
Dogecoin Mirrors Previous Mega Bull Trend — Is Another Parabolic Rally Next?
Dogecoin is once again drawing attention as its current market structure begins to resemble the early stages of previous mega bull runs. After reclaiming key support and forming a familiar consolidation pattern, analysts believe DOGE may be positioning for another powerful breakout, raising speculation that a new parabolic rally. Dogecoin Repeats Bullish Fake-Breakdown Pattern Seen In Previous Cycles According to crypto analyst Trader Tardigrade, Dogecoin has just successfully reclaimed its critical support level following a fake breakdown, a technical event that carries significant bullish weight. This specific maneuver, where the…
Near Leads AI Token Rally With 50% Surge as $5 Price Target Emerges
NEAR Protocol (NEAR) displayed strength on Friday, rising 34% over the last 24 hours to $2.32, leading artificial intelligence-based tokens in a rally fueled by NEAR’s network upgrades and NVIDIA’s bullish revenue forecast. NEAR is trading 50% higher than its price seven days ago and has gained a whopping 115% over the last 90 days. Key takeaways: NEAR price surged 50% in seven days, hitting six-month highs as AI crypto tokens rallied on strong market momentum. NEAR Protocol upgrades focused on AI, privacy and scaling boosted investor confidence and trading…
Zcash Soars To 6-Month Highs After 110% Rally – $700 Next?
Zcash (ZEC) has surged to its highest level since 2025, but the rally is now approaching a major technical barrier. While some analysts point to the first “constructive signs” in months, others warn of potential signs of exhaustion. Related Reading ZEC 110% Rally Faces Key Barrier Zcash has been among the crypto market leaders amid the recent volatility, rallying more than 21% over the past week and 110% over the past 30 days. Throughout May, the cryptocurrency has jumped from the $350 barrier to reclaim the $670 area, reaching a…