Chart of the day: Bitcoin (16.12.2024)

Bitcoin resumed its bullish trend at the beginning of the week and broke out to new historic highs above $106,000. Although some of the gains have already been erased on the back of weak sentiment in Asia and thus Europe, the largest cryptocurrency remains above $104,000.

Net inflows into spot ETFs remain at high levels when it comes to the most popular cryptocurrency, although when it comes to Ethereum, the data for Friday did not inspire optimism, due to only marginal net inflows. This correlation may show that at this point in the cycle, it is Bitcoin that has all the time held the lead when it comes to investor interest.

At the same time, Ethereum is gaining 1.32% and settling in the $4,000 region. Other cryptocurrencies are losing value for the most part.

Net inflows maintain a stable upward momentum. Source: XTB

Ethereum, on the other hand, at the end of last week did not interest as many investors. Source: XTB

Bitcoin knocked out new historical levels and thus confirms the medium-term uptrend, whose main support zone now is the $95,000 area Source: xStation

28 August 2026, 5:34 PM

Bitcoin and US indices decline amid Fed rate hike fears 📉

28 August 2026, 6:53 AM

Morning Wrap: Markets freeze before Jackson Hole. Bitcoin back below 80K USD (28.08.2026)

27 August 2026, 2:13 PM

Market Wrap: Defence bucks declines in Europe. Dollar stabilises before Jackson Hole (27.08.2026)

26 August 2026, 2:18 PM

Crypto news: Will the Bitcoin bull market make a lasting comeback?

Crypto

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