Bitcoin fell 14.5% over the week to $62,715, driven by Broadcom's disappointing AI semiconductor forecast which triggered a broader market selloff, including a 1.2% drop in Nasdaq futures and declines in Asian markets. Ethereum and Solana also dropped, with Solana down 18.5% weekly. US Bitcoin ETFs saw $4.4 billion in net withdrawals over 13 days, reducing demand for crypto. Investors now await Friday's US employment data, which could influence Federal Reserve policy and market direction, potentially impacting AI and crypto sectors further.
Bitcoin's price dropped below $62,000, continuing a 14% monthly decline driven by increased selling pressure from large holders (whales) and $4.4 billion in Bitcoin ETF outflows. Whale deposits to Binance surged, signaling potential further selling, ...
Reza Bundy, CEO of Atlas Capital, predicts Bitcoin could plunge up to 70% within six months, falling to a range of $26,000 to $30,000 amid potential market turmoil similar to the 2008 financial crisis. Despite this short-term bearish outlook, Bundy f...
Bitcoin is trading near $62,880 with a slight decline over the past week, testing support levels while Ethereum has dropped more sharply to $1,674. Bitcoin dominance remains high at 56.2%, indicating a BTC-led market as traders remain cautious, espec...
Bitcoin is approaching the critical $60,000 level, a key support tied to institutional cost bases and derivatives hedging. If it falls below this threshold, it could trigger mechanical selling by market makers and forced liquidations of leveraged lon...
Bitcoin price dropped to around $61,925 on June 5, pressured by ETF outflows, a rare sale by Strategy, and a surge in large whale deposits on Binance. The $60,000 level has become a critical support after Bitcoin fell sharply from highs above $74,000...
