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Crypto

Why bitcoin cannot clear $80,000 as oil surge to $100 adds pressure

Bitcoin erased overnight gains after U.S. stocks opened on Sept. 9, as investors grew cautious ahead of U.S. producer and consumer price data. Major altcoins also fell. Brent crude climbed above $100 a barrel for the first time since July 23, adding pressure on risk assets, while Treasury yields stayed high. Spot bitcoin ETF flows turned negative on Sept. 8. In contrast, Zcash surged on ETF-related developments and the launch of options trading.

Crypto

Bitcoin rally leaves altcoins lagging as \'altseason\' remains elusive

Bitcoin has surged about 24 percent in the past week to near $79,000, but the rally has not broadly lifted altcoins. Funds have concentrated in bitcoin, pushing its market share toward yearly highs. Ethereum rose about 27 percent, but Total3 and Total2 indexes cooled after early jumps. CoinMarketCap’s altcoin season index remains at 46. U.S. Treasury buyback plans, regulatory expectations and a short squeeze supported bitcoin’s rise.

Crypto

Ethereum jumps 30 percent but altcoin season not here yet, key indicators show

Ethereum has risen more than 31 percent over the past seven days, but key indicators suggest the broader market has not entered an “altcoin season.” Bitcoin maintained more than 59 percent market dominance, while Ethereum’s share stayed around 11.4 percent. CoinMarketCap’s fear and greed index stood at 80 out of 100. Altcoin-season gauges from CoinMarketCap and BlockchainCenter remained below thresholds, though on-chain data showed improving sentiment.