Search results for Kobeissi Letter
Crypto
Bitcoin nears $80,000 pivotal test as focus turns to U.S. jobs data, rate path
Bitcoin remains below a key resistance level in the $80,000 range as markets again price in the possibility of a U.S. Federal Reserve rate hike in September. Attention is on upcoming U.S. employment indicators ahead of the September FOMC meeting. Fed Chair Kevin Warsh played down the role of forward guidance and said July inflation data were insufficient. Oil prices have risen after the resumption of U.S. strikes on Iran, adding to volatility.
Crypto
Bitcoin swings around $78,000 as U.S. long-term yields rattle markets
Bitcoin is seeing sharp swings around the $78,000 level as U.S. long-term Treasury yields surge ahead of the monthly close. It rebounded after early weakness as Treasury Secretary Scott Bessent flagged possible intervention but said no purchases had been made. The 10-year yield rose to 4.76 percent and the 30-year to 5.269 percent. Analysts cited mixed technical signals, with traders watching whether Bitcoin holds above its 50-week EMA at $77,269.
Crypto
Bitcoin jumps 23 percent in week, breaks above 200-day moving average for first time in 9 months
Bitcoin surged more than 23 percent over the past week to around $77,000, briefly topping $79,000 and breaking above its 200-day moving average for the first time since November 2025. Ether, XRP and Solana also rose, lifting total crypto market value to $2.63 trillion. Analysts cited U.S. debt concerns, spot ETF inflows and shifting regulatory debates. Price outlooks diverged, while Mantra’s token slid to a record low amid a network incident.
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Crypto
Bitcoin breaks above $72,500 mark, boosting hopes of return to bull market
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Crypto
Bitcoin slips, gold jumps as risk aversion grows ahead of U.S. CPI
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Crypto
Bitcoin holds near $64,500 as markets stay cautious despite cooling U.S. PCE
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Crypto
Bitcoin volatility surges ahead of FOMC; five key factors to watch this week
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Crypto
Bitcoin shrugs off Iran shock; S&P 500 short squeeze mentioned
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Crypto
Caution persists despite bitcoin strength, focus on $65,600 and $67,200 zones
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Crypto
Bitcoin holds around $63,000 despite U.S. chip stock selloff
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Crypto
Bitcoin rises on weak U.S. jobs data, talk of July rebound grows
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Crypto
Bitcoin rebounds as weak dollar drives gains
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Crypto
Bitcoin threatens $58,000 level as dollar strength, selloff by buyers at highs adds pressure
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Crypto
Bitcoin June drop nears 19 percent as July rebound hopes face risk of further lows
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Crypto
Bitcoin slips below $60,000 as U.S. inflation shock rattles stocks and crypto
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Crypto
Bitcoin weakens as South Korea, Japan stocks swing; fears of drop to $54,000
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Crypto
Bitcoin swings on weak Asian stocks, loses direction near $62,500
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Crypto
Bitcoin fails to hold above $65,000, slips back below $64,000