Bitcoin Is Moving Again. Here's What's Driving It

business thoc
1 day ago
3 min read

Week 34 Year 2026 Highlights – Catch Up on Everything You Missed!

Bitcoin continues pushing higher as strong spot buying, ETF inflows, and large short liquidations fuel the latest move. At the same time, improving liquidity and stronger altcoin activity are starting to broaden the market beyond Bitcoin.

With macro data, AI, and Bitcoin dominance all adding to the bigger picture, the next phase of the market could become increasingly important for both Bitcoin and altcoins.

Here's what the House of Crypto community has been watching over the past week.

Key Highlights:

YouTube Channel | What's Driving Bitcoin Higher?
The Moon House | Why Nvidia Could Matter for Crypto
The Inner Circle | Bitcoin Dominance Could Stay Strong
WEEX | Trade Futures and Earn WXT Rewards

House of Crypto YouTube Channel:

August 24th Video: https://youtu.be/65VODr77pT8

Peter explains the hidden drivers behind Bitcoin's recent rally, highlighting $5 billion in short liquidations, strong spot buying, and over $1 billion in ETF inflows as evidence supporting the move. He expects the broader market to continue higher while watching sentiment, leverage, Bitcoin dominance, and upcoming ISM data for signs of a pullback or stronger altcoin conditions.

August 21st Video: https://youtu.be/IYBsqDz4LPk

Peter explains why altcoins are awakening alongside Bitcoin, highlighting the ISM manufacturing index, market liquidity, and strong project fundamentals as key drivers. He identifies projects like Pump.fun, Hyperliquid, Jupiter, Meteora, Morpho, and GTO, while emphasizing revenue, fees, buybacks, and emerging narratives such as AI and robotics when researching altcoins.

Here’s what our experts have been sharing over the past week:

Nvidia Earnings Could Set the Tone for AI and Crypto

Nvidia's earnings could be one of the bigger market events this week, with Wall Street expecting around $92B in revenue and $2.09 EPS. Our MoonHouse expert notes that AI demand and Nvidia's guidance could be just as important as the headline numbers, with the results potentially affecting volatility across tech, risk markets, and crypto.

Bonds Signal Warning as Bitcoin and Gold Rise

The bond market is showing signs of tension as Treasury buyback plans fail to push the 10 year yield lower. At the same time, money continues moving toward scarce assets, with gold approaching $4,700 and Bitcoin reaching $79K. The divergence could point to growing concerns around government debt and stronger demand for hard assets.

Sign up to get exclusive alpha before it goes live and join our weekly live calls for Q&A, now is the perfect time to subscribe: https://whop.com/the-moon-house

Here’s what our community’s hive mind has been discussing over the past week:

Bitcoin Dominance Could Stay Strong for Now

A member looks at Bitcoin dominance and identifies a possible bullish retest after its recent breakdown. With a descending resistance pattern still in play, this could point to another period of Bitcoin strength before the market sees a broader altcoin rally.

Join The Inner Circle (https://whop.com/the-house-of-crypto/) for only $19.9 a month to stay up to date with market movements, like-minded members’ discussions and unique deals that we offer on our platform.

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