Bitcoin is struggling to hold on to the $107,000 level after a brutal sell-off that wiped out billions and sent it down to a multi-week low of just under $104,000. It has put many in the market on edge, asking if this is a healthy correction or the start of a terrible bear market. The […]
Investor sentiment flipped sharply bearish as Bitcoin (BTC) and major crypto assets succumbed to macroeconomic pressures. Polymarket’s latest tweet has injected a fresh dose of skepticism into the Bitcoin narrative. The decentralized prediction market humorously noted that the odds of aliens being confirmed this year (6%) slightly surpass Bitcoin hitting $200,000 (5%). Yet beneath the […]
Bitcoin suffered a fresh decline of 2% over the past 24 hours, falling below $111,000 on Friday. The ongoing market decline is being primarily driven by Binance-led selling pressure, said CryptoQuant. The company’s analysts, however, believe this represents a short-term correction rather than the end of the broader bull cycle. Bears Dominate in Short-Term Three […]
Fed Chair Jerome Powell’s comments on Tuesday have rekindled some confidence in crypto markets, as the likelihood of rate cuts increases. In a speech about the central bank’s balance sheet, Powell openly acknowledged the rising “downside risks to unemployment” in a dovish signal that the central bank is preparing to ease monetary policy. “Rising downside […]
Last weekend, the crypto market experienced one of its most dramatic days in history. Bitcoin’s 18% pulldown triggered over $19 billion in liquidations within hours, the largest such event ever recorded. Cryptocurrencies and investor portfolios bled significantly, driving a massive wave of selling in the spot market. Now that the worst is over, the market […]
Bitcoin and altcoins experienced the largest-ever liquidation cascade this past week, which has now reshaped positions across retail and institutional traders alike. Over 1.6 million leveraged traders were wrecked during the event, highlighting just how crowded the long side had become. While the extreme bearish sentiment has dissipated as Bitcoin and altcoins staged a recovery, […]
Bitcoin (BTC) scored a new all-time high of $126,100 on Monday. However, profit-taking overpowered the market, and the crypto asset retreated by 4%. by Friday. Then came the Trump-induced fear, and BTC plunged to $101,000 on some exchanges before it recovered to $112,000 as of press time. Despite this, new data suggest that the real […]
There’s no way to sugarcoat what happened in the cryptocurrency markets since Friday evening. Bitcoin’s price, for example, took one of its most painful nosedives in recent history, dumping from over $122,000 to $105,000 on some exchanges and even to as low as $101,000 on others. The altcoins were obliterated as well, with massive double-digit […]
Bitcoin (BTC) pulled back on Friday as traders locked in profits following its surge to fresh record highs earlier this week. Despite this, market fear appears to be fading fast, as evidenced by Binance’s data, which shows Bitcoin’s emotional strength turning positive. This could also mean that investors may be gearing up for another rally. […]
Bitcoin is trading near $121,600 after reaching a new all-time high above $126,000 earlier this week. The asset has slowed and is now moving sideways just below a major diagonal resistance that has capped the price for several months. Analysts are watching to see whether Bitcoin can break through or if it will be rejected […]