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Crypto

Bitcoin \'Bart Simpson\' pattern resurfaces; break below $75,800 may signal sharp drop

Bitcoin has moved sideways in the $77,000 range after a sharp rise in August, heightening market caution over a potential steep drop. Some analysts say the chart could form a so-called “Bart Simpson” pattern, in which prices surge, trade in a tight range and then quickly return toward the starting point. Traders are focused on $75,800, which could strengthen bearish expectations if broken. Seasonal weakness in September and upcoming Fed policy decisions are also in focus.

Crypto

XRP pauses despite ETF inflows; U.S. Clarity Act in focus

XRP is testing direction between key support and resistance after a recent rebound. It is trading around $1.34 after meeting resistance near $1.70 about two weeks ago, with indicators mixed and the RSI at 43. Derivatives liquidations have skewed to long positions, which could add volatility. Spot XRP ETF inflows total about $1.66 billion. Markets are watching a U.S. Clarity Act timeline, including a Sept. 15 Senate vote, for regulatory impact.

Crypto

Shiba Inu exchange holdings near 87 trillion SHIB as selling pressure comes into focus

Shiba Inu exchange holdings are nearing 87 trillion SHIB, bringing renewed focus to supply and demand pressure. Exchange reserves stand at about 86.9973 trillion SHIB, leaving 2.7 billion SHIB to reach 87 trillion. Over the past 24 hours, holdings rose 0.04%. Total inflows were 271.53 billion SHIB and outflows 222.25 billion SHIB, for net inflows of about 34.47 billion SHIB. Shiba Inu trades near $0.00000518.