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Crypto

Bitcoin Bounces to $64,340 as SHIB Shows Bullish Signs

Guavy AI Editorial Team
Instruments
BTC SHIB
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On August 19, 2026, Bitcoin rebounded to around $64,340, rising by about 2.5-2.6% from its recent lows of $62,700-$63,000.

This gain lifted the market capitalization of BTC to approximately $1.29 trillion as it led a tentative crypto market recovery.

Shiba Inu (SHIB), on the other hand, tested key support at around $0.0000043 and showed early signs of a bullish reversal.

However, traders remain cautious about whether the strength of Bitcoin will spark a broader rotation among altcoins and durable adoption of tokens amid ongoing macro risks.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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