Bitcoin fell nearly 4% from its recent high of $82,281 to around $79,000, testing a key support level at $78,000. This support will determine if the recent bullish breakout holds or if prices could drop further toward $74,081. The prior rise was partly driven by a short squeeze that liquidated $250 million in short positions, but momentum is weakening as short-term indicators turn bearish. While the daily trend remains positive, a close below $76,800 could signal a deeper decline, making the $78,000 level critical for Bitcoin's near-term direction.
Bitcoin fell below $82,000 amid a sharp sell-off affecting smaller cryptocurrencies, with several altcoins losing more than 20% in a single day. Tokens like BOME, BLUR, and STRK saw declines between 28% and 30%, while others such as PONS, USELESS, EN...
Bitcoin's price dropped below $82,000 on Monday evening, triggering $488.61 million in liquidations over 24 hours, primarily from long positions which accounted for 83.2% of the total. This affected over 118,000 traders, with the largest single liqui...
Bitcoin's price dropped below $82,000 on October 12, 2026, triggering $488.61 million in liquidations, mostly from long positions. This decline reflects several pressures including institutional ETF outflows, rising U.S. Treasury yields, geopolitical...
Bitcoin's funding rate reached 9.2% annualized with a slight decline in open interest to $7.67 billion, indicating mixed market positioning. Ether showed the strongest long bias with 74.4% longs and a 3.3% annualized funding rate, while Solana, XRP, ...
Over the past year, about 700,000 Bitcoin have been withdrawn from exchanges, reducing available supply and potentially amplifying price moves amid sustained demand. Conflux surged 17% following China's blockchain policy announcement, while Ethereum,...
