- Protection Fund
  1,000 BTC Protection Fund to safeguard your assets
- Career
  Join WEEX and build the future
- WXT Zone
  Exclusive fee rates and airdrops
- Announcement Center
  Get the latest updates from WEEX
- Elite Trader
  Share strategies and earn rewards
- Crypto Wiki
  Master trading with easy-to-follow guides
- Affiliate
  Unlock exclusive perks and high commissions
- Crypto News
  Keep up with the latest crypto trends
- Contact Verifier
  Verify the channels you use
- VIP Perks
  Become a WEEX VIP today
- Events Calendar
  Explore WEEX events around the world
Buy Crypto
- header.nav.buy
  header.nav.buy_desc
- P2P Trading
  Buy crypto with 0 fees
Markets
Futures
- USDT-M Futures
  Perpetual futures settled in USDT
- Demo Trading
  USDT-M futures demo
- About Futures
  Trade with confidence
- Leaderboard
  Current & past leaderboards
Spot
Copy Trade
WE-Launch

Scan to download
More options

Viewpoint: If Bitcoin Holds Above $11,690 Buyer Cost Price Short-Term Top, It Could Regain Upside Momentum

By: theblockbeats.news|2025/08/07 12:02:02

BlockBeats News, August 7th, Glassnode stated in a post that Bitcoin (BTC) is currently striving to reclaim the short-term top buyers' cost price (around $11.69k). If it continues to stay below this level, the market is more likely to enter a long consolidation phase or further pull back to the $11k price range.

According to HTX market data, Bitcoin is currently trading at $11.68k with a 24-hour gain of 2.45%.

Bank of England Cuts Interest Rates by 25 Basis Points as Scheduled

Kava now supports the BNB Chain and has launched a PancakeSwap v3 liquidity pool.