Bitcoin plunges over 6% to $58,000 before beginning to recover
Bitcoin (BTC) dropped over 6% on August 27, hitting a low of $57,880 before beginning a modest recovery. Most of the losses occurred within an hour after Bitcoin fell below…
BTC News
Bitcoin surpasses $63,000 as Robert F. Kennedy Jr. withdraws and endorses Trump
Crypto and U.S. equities surged after the independent candidate announced his support for Donald Trump. U.S. presidential candidate Robert F. Kennedy Jr. announced his decision to withdraw from the 2024…
Bitcoin’s rise above $60,000 triggers a $2 billion surge in futures open interest within a single day
Bitcoin’s recent surge above $60,000 has rekindled enthusiasm among traders, bouncing back from the downturn in August. This upward movement led to a significant increase in open interest: Bitcoin futures…
Analysts believe Bitcoin, Ethereum may face further downside in the short term
BTC and ETH still have significant challenges in the short term, as they must conquer key supports in the daily chart. Bitcoin (BTC) and Ethereum (ETH) recovered 21% and 18%,…
Fed escalates Operation Checkpoint 2.0 crackdown against crypto – Winkles
Gemini’s Winklevoss warns of harsher Fed actions if Vice President Kamala Harris wins the November election. Gemini co-founder Tyler Winklevoss believes that Operation Chokepoint 2.0 “is alive and well” following…
Bitcoin’s Latest Casualty: Miner Reserves Plunge to 3-Year Low, What’s Next For BTC?
Amid Bitcoin (BTC) continuous struggle for a major rally to new heights, miners powering the Bitcoin network are experiencing significant economic shifts. Particularly, recent data shows a stark reduction in…
Bitcoin Crash Casts Shadow Over US Strategic Reserve Plan
Recent BTC price volatility calls into question the wisdom of a proposed federal Bitcoin strategic reserve. Several U.S. politicians, including Donald Trump and Robert F. Kennedy Jr., have floated the…
Is Bitcoin In A Bear Market Now? Here’s What On-Chain Data Suggests
Bitcoin has gone through a major crash recently, but has the asset yet breached the historical bear market boundary? Here’s what on-chain data says. Bitcoin Is Currently Under Realized Price…
Analyst Predicts Bitcoin Could Plunge Back To $51,000 On Wedge Pattern Breakdown
Bitcoin may be experiencing a price recovery towards the $57,000 level after a sharp 20% drop on Monday that sent the largest cryptocurrency on the market to a low of…
$0 Flows: BlackRock Unshaken Despite Recent Bitcoin Market Crash, Data Shows
Bitcoin and the broader crypto market faced a notable price plunge on Monday, with the global crypto market cap losing $100 billion in valuation and total liquidations surpassing $1 billion.…
