The Coinbase premium index remains negative, indicating a relatively weaker U.S. demand.
Bitcoin prices hit two-month high, but U.S. demand lags
The Coinbase premium index remains negative, indicating a relatively weaker U.S. demand.
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The on-chain perpetuals market is experiencing a major shake up as Hyperliquid cedes ground to competitors.
Analysts say the move looks driven more by short covering than fresh buying, with spot demand soft and stablecoin balances on exchanges drifting lower.
The firm’s hydropowered Paraguayan facilities fuelled a 58% monthly hashrate jump.
Bitcoin and gold have diverged over the past 24 hours amid a strengthening dollar index.