Bitcoin’s price is losing ground once again, as the asset was rejected at over $66,000 earlier today and dumped to $64,000 minutes ago, shortly after the conclusion of the latest FOMC meeting and the subsequent press conference by the new Fed Chair, Kevin Warsh. Unlike what many expected when he replaced Jerome Powell, Warsh maintained […]
Following a wave of selling pressure that pulled bitcoin (BTC) below $60,000 two weeks ago, analysts have highlighted on-chain data that signals possible seller exhaustion, which is further substantiated by a reprieve in macroeconomic conditions. According to analysts at crypto exchange Bitfinex, the market is witnessing a transition into late-stage capitulation rather than a broader […]
Bitcoin nearly reached $67,000 on Monday after US President Donald Trump said the US had helped broker a peace deal with Iran that would reopen the Strait of Hormuz. At the same time, new data suggests that BTC holders are enduring one of history’s biggest paper-loss periods, yet panic-driven selling activity remains unusually muted across […]
Despite the current market downturn, Matt Hougan, chief investment officer at Bitwise, said recent conversations with more than 40 financial advisors showed that interest in crypto remains strong. But their focus has shifted beyond Bitcoin. In a recent blog post, Hougan said he spoke with advisory teams, who collectively manage more than $175 trillion, and […]
Bitcoin’s price is on the move on Sunday evening, jumping past $65,000 for the first time in approximately ten days. The impressive price jump came after US President Donald Trump confirmed on his social media platform that the deal with Iran, as promised yesterday, “is now complete.” Recall that the POTUS noted yesterday that Iran […]
Analysts at the crypto exchange Bybit have highlighted factors that contributed to bitcoin (BTC) recording its worst single-week percentage decline since the FTX collapse in November 2022. According to the report, the decline was not triggered by random panic from the market, but was a result of a structural breakdown that had been building for […]
Despite last week’s controversial developments on the war front between Iran, the US, and several other nations involved in the conflict, Donald Trump promised on his social media platform minutes ago that a permanent deal is expected to be announced tomorrow. Given bitcoin’s susceptibility to positive or negative news related to the war, the question […]
Bitcoin remains under significant selling pressure after losing a major higher-timeframe structure and breaking below several key support levels. While buyers have managed to defend the $60K region for now, both the technical and on-chain pictures suggest that the market is still in a vulnerable phase. A legitimate recovery requires BTC to reclaim several overhead […]
Bitcoin’s bear market is entering its final phase and could bottom out around the 2026 FIFA World Cup, which runs from June 11 to July 19, according to a June 12 report from BIT Research. Its main thesis is that a mix of technical patterns, weak market sentiment, and easing inflation pressure could set the […]
Bitcoin miners are facing growing financial strain as falling prices and shrinking revenue push several key industry indicators into what analyst Axel Adler Jr. has described as a “stress zone.” But while the pressure is building, the data suggests that the market has not yet reached the collapse-level extremes seen in 2018 or 2022. What […]