Bitcoin dropped 11% in a week following Michael Saylor's Strategy selling 32 BTC tokens for the first time since 2022, triggering a price decline. This move appears strategic to lower the firm's cost basis by capitalizing on weak market sentiment amid geopolitical tensions and high U.S. inflation. Technical indicators suggest Bitcoin may retest its cycle low around $60,000 before a potential strong rally, with a possible bounce near $65,000. Long-term outlook remains bullish, with targets of $85,000 to $100,000 in the near term and $200,000 eventually.
Cryptocurrency markets experienced a broad decline, with Bitcoin falling more than 6% to around $67,031 and Ethereum dropping nearly 5%. Other major coins like BNB, XRP, and Solana also saw significant losses, reflecting overall market weakness. This...
Bitcoin dropped more than 6% within 24 hours to a low of $66,346, wiping out $1.35 billion in long crypto positions and pushing its market cap below $1.35 trillion. The selloff dragged the total crypto market cap under $2.5 trillion for the first tim...
Bitcoin's price dropped below $67,000 following a broader crypto market sell-off, sparking renewed criticism from skeptic Peter Schiff who highlighted Bitcoin's underperformance compared to stocks and precious metals since 2019. Short-term holders ar...
Leading cryptocurrencies like Bitcoin and Ethereum experienced significant price declines, with Bitcoin falling about 6.57% to $66,870 and Ethereum dropping nearly 5% to $1,901.68. This broad market sell-off reflects investor caution and potential pr...
A significant Bitfinex whale is aggressively accumulating leveraged long positions on Bitcoin despite a sharp price drop to $67,166.39, breaking below the key $70,000 support. This buying occurs amid a broad market correction influenced by macroecono...
