Bernstein: Bitcoin's 25% Decline Marks Correction, Not Cycle Peak
TL;DR Bernstein states that Bitcoin's 25% drop from its $126K high is a correction, not a bear market. Institutional and ETF demand is absorbing sales from long-term holders (LTHs). Analysts dismiss fears about Strategy (MicroStrategy) and see a potential bottom near $80K.
Bitcoin Crashes to $93k as $1 Billion Floods Exchanges Despite US-China Trade Deal Hopes
Bitcoin has tumbled to $93,885, a sharp slide that caught many off guard. According to analyst Ali's post, more than 10,000 Bitcoins, worth almost $1 billion, have hit crypto exchanges in the past 72 hours.
Bitwise CIO Reveals Why Bitcoin Price Is Stuck Below $100k
Bitcoin has been stuck below $100,000. Traders are scratching their heads. Analysts are split. And crypto fans are somewhere between hopeful and frustrated. But according to Matt Hougan, CIO at Bitwise, this slowdown doesn't mean the bull market is over. ⚪ Sorce:<a href='https://coinpedia.org/news/bitwise-cio-reveals-why-bitcoin-price-is-stuck-below-100k/'>CoinPedia</a>
Strategy Returns to Large Bitcoin Buys, Adding $835M Last Week
Fresh weekly buys of bitcoin are no longer news for Michael Saylor's Strategy (MSTR), but large purchases had mostly been off the table for some time.
Altcoins Face Heavy Losses as Bitcoin Recovers From $93K Dip
TL;DR Bitcoin (BTC) reached a new six-month low of $93,000 before bouncing back near $96,000. Most altcoins are in the red, with ETH falling to $3,200 and others like XMR and ICP showing notable drops. The total crypto market cap lost $40 billion in 24 hours, falling below $3.350 trillion.
Ethereum (ETH) Price: Long-term Holders Stack 27 Million Tokens as Lee Projects Major Rally
Tom Lee predicts Ethereum will replicate Bitcoin's 100x growth despite critics questioning ETH's advantages over competitors.
ETF Weekly: Bitcoin, Ether ETFs Bleed $1.8 Billion as Solana Stays Green
Bitcoin and ether ETFs experienced significant outflows, resulting in a combined loss of $1.84 billion over the week. Solana ETFs, however, continued their upward momentum, securing another week of inflows despite broad market weakness.
Bitcoin hit with this $1 billion crash catalyst
Bitcoin (BTC) is facing renewed downward pressure as more traders signal intentions to offload the asset amid intensifying bearish conditions.
Crypto Markets Today: Bitcoin, Ether Sink to Multimonth Lows as Liquidity Dries Up
Bitcoin BTC$95,763.89 and ether ETH$3,208.04 remain in bearish territory after a bruising weekend took both assets to multimonth lows of $93,400 and $3,050.
Trump Drops 500% Tariff Shockwave, Crypto Trembles — Bitcoin Breakdown Ahead?
US President Donald Trump on Friday voiced support for a Senate measure that would let the US impose tariffs of up to 500% on imports from nations still buying Russian energy. “It would be okay with me,” he said.
Bitcoin's Current Pullback Remains Milder Than The Previous Major Correction – Here's What To Know
After losing the key $100,000 price mark due to a sharp pullback last week, the price of Bitcoin is now changing hands between $95,000 and $95,100. Despite the magnitude of the current drawdown in price, it is still below the level of the preceding major corrections.
Singapore Exchange to launch bitcoin and ether perpetual futures
The derivatives arm of Singapore Exchange (SGX) said on Monday that it would launch bitcoin and ether cryptocurrency perpetual futures trading on its platform.
Copyright 2024 NNT Capital|ABT Bits pro.