Short News View Non-AMP

Why Bitcoin is Surging?

Published by
Sohrab Khawas

Bitcoin is showing strength even as global markets face rising tension. Conflicts involving Iran, complicated oil and gas trade routes, and a 70% surge in European gas prices have increased uncertainty. Meanwhile, South Korean stocks fell another 12% today. Despite this, Bitcoin has moved back above $71,000, supported by five straight days of inflows into spot Bitcoin ETFs. Buying activity is also rising, with Binance’s buy-to-sell ratio reaching 1.18, the highest this year. Strong buying pushed volumes above $1 billion per hour, helping BTC break higher. If inflows and buying pressure continue, Bitcoin could see further short-term gains.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Recent Posts

Altcoin Rally Today: Zcash Rallies 17% as DOGE, XRP, SOL and HYPE Join the Surge

The total crypto market cap jumped to $2.8 trillion, up 3.9% over the past 24…

September 3, 2026

CLARITY Act Vote At Risk As House Cancels Final Two Weeks Of September

House leadership has canceled the chamber's last two weeks of September, according to Jake Sherman,…

September 3, 2026

RAIN Price Eyes New High as Whales Absorb Retail Selling

Rain Protocol has spent August turning prediction markets into something builders can actually control. The…

September 3, 2026

Why is XRP Price Up 10% Today?

XRP is trading at $1.46, up 10% over the past 24 hours, as the broader…

September 3, 2026

HYPE Price Eyes $90 as Whale Buying Meets HIP-3 Upgrade

Whales keep buying HYPE, and the timing is getting interesting. Lookonchain reported that wallet 0x6436…

September 3, 2026

Why Is Bitcoin Price Rallying Above $80,000 Today?

Bitcoin reclaimed $80,000 on Thursday, trading at $80,270.69, up 2.9% over the past 24 hours,…

September 3, 2026