The past few weeks have been brutal for BTC and the rest of the market. The largest digital asset plummeted by roughly $30,000 in less than ten days, and bottomed out (at least for now) on Friday morning with a drop to $60,000. Given this calamity, it’s almost expected that the overall investor sentiment has […]
Bitcoin (BTC) slipped to around $60,000 earlier today before rebounding toward $65,000, following one of the sharpest daily sell-offs in its history. The move has split traders between those calling the rebound a temporary technical reaction and others pointing to extreme fear as a setup for a recovery toward $70,000. Fear Spikes as Bitcoin Rebounds […]
Around 34,000 Bitcoin options contracts will expire on Friday, Feb. 6, with a notional value of roughly $2.1 billion. This event is much smaller than last week’s end-of-month expiry. Crypto markets have collapsed into bear market territory, losing around $686 billion since the start of the week, as sentiment plunges and both retail and institutional […]
Bitcoin prices tanked to around $73,000 in late trading on Tuesday, its lowest level since November 2024. The fall is significant because it dropped below April 2025 support levels, which were around $74,500, confirming bear market territory. “Negative momentum is currently extreme as the bear market persists following the October 10 flash crash,” reported Swissblock. The […]
Bitwise Asset Management’s Chief Investment Officer, Matt Hougan, has stated that the cryptocurrency market has been in a full-blown “crypto winter” since January 2025. The exec said that signs suggest the downturn may be closer to ending than beginning. Positive News Isn’t Driving Prices In a recent post titled “The Depths of Crypto Winter,” Hougan explained that, […]
Blockstream CEO Adam Back responded to renewed attention around the company after newly unsealed Jeffrey Epstein documents emerged as part of a large US Department of Justice disclosure. In a public clarification, Back said Blockstream has no ongoing or historical financial relationship with the convicted sex offender. Blockstream Says No Epstein Ties Back asserted that […]
The crypto market selloff continued over the weekend as investors were rattled by US President Trump’s pick for the Federal Reserve chair. The new Fed chair, Kevin Warsh, is viewed as hawkish and may not cut interest rates as fast or as much as investors expected, given his stance on inflation. “It’s all about the […]
The broader market correction continues in crypto, as bitcoin just slumped below $75,000 for the first time in almost a year, with ETH dumped beneath $2,200. While this sounds bad, because it is, it’s also worth looking for a different perspective, which might show that ‘we are still early’ in crypto. The Crypto Calamity Bitcoin […]
It’s almost difficult to imagine that just a couple of weeks ago, bitcoin was riding high above $95,000, and the community was speculating about a potential run toward a six-digit price territory for the first time in 2026. Not only did that rally fail to materialize, but the bears woke up in the middle of […]
It’s hard to imagine now that just a few months ago, bitcoin was riding high, investors were hopeful about ‘Uptober,’ and the bulls dominated the market. In that not-so-distant past, the cryptocurrency was trading confidently within a six-digit price territory, and had just printed a new all-time high above $126,000. The community was full of […]