BlackRock sold $213 million worth of Bitcoin shortly after a recent purchase, signaling a return to selling amid ongoing market volatility. This move followed a brief inflow in its Bitcoin ETF, which had raised hopes of a market bottom. Analysts note that BlackRock's ETF flows often correlate with Bitcoin's short-term price moves, so the latest outflow suggests continued uncertainty and weak institutional confidence in Bitcoin's recovery. Investors remain cautious as the crypto market shows mixed signals.
Ethereum dropped nearly 22% over a week, falling from $1,700 to $1,545 and triggering massive liquidations of $468 million. This decline dragged total altcoin market capitalization below $880 billion, reflecting a loss of confidence amid a prolonged ...
The Bhutan government has reportedly sold over $67 million worth of Bitcoin in multiple transactions, coinciding with bearish market predictions that Bitcoin's price could fall to around $48,000. Blockchain data shows significant BTC transfers from B...
Bitcoin experienced a sharp sell-off over the weekend, dropping to a low of $59,100 before buyers pushed the price back above $61,000. The daily Relative Strength Index (RSI) hit a deeply oversold level of 16, indicating that the recent selling press...
Bitcoin recently fell to $59,100, prompting analysts to warn it may be repeating the bearish pattern seen in 2022, especially around the critical 50-month exponential moving average at $66,628. This technical level is seen as a potential support befo...
Bitcoin has dropped below its 200-week moving average and key support levels, including the February lows, signaling continued bearish control. However, it remains near a significant long-term rising trendline connecting past cycle lows, suggesting a...
