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Crypto
Bitcoin shows signs of trend reversal resembling 2022 bear market bottom
Bitcoin is showing a bullish divergence on its weekly relative strength index similar to the 2022 bear market bottom, reviving expectations the medium- to long-term downtrend could end. TradingView data show the weekly RSI moving like mid-2022, when the bear market ended about six months later. The weekly RSI has climbed to 58.3, its highest since the October 2025 record high. Daily RSI near 83 signals near-term overheating.
Crypto
Bitcoin spot ETFs see $517.2 million net inflow in a day, weekly inflows top $1 billion
Bitcoin spot exchange-traded funds recorded a net inflow of $517.2 million on Aug. 20, the biggest daily intake since May 4. Cointelegraph said the move lifted cumulative net inflows for August to $1.47 billion. Weekly inflows into bitcoin spot ETFs reached about $1 billion, the strongest pace since mid-January. The inflows coincided with sharp gains in cryptocurrency prices, while policy and regulatory issues were seen shaping investor sentiment.
Crypto
Bitcoin or gold: which safe-haven leads amid Iran war?
Until the outbreak of the Iran war, bitcoin moved sideways with no clear direction, while gold notched record highs and cemented its role as a safe haven. After the United States and Israel attacked Iran on Feb. 28, the trends diverged. Bitcoin rebounded to around $70,000 after a sharp drop, while gold fell 11 percent amid rising oil prices and inflation worries, posting its biggest weekly decline since 1983. Analysts remain cautious about bitcoin’s safe-haven status.
