Bitcoin dropped 3.31% to $74,666 on May 22, 2026, driven by Middle East geopolitical tensions, massive ETF withdrawals, and a hawkish Fed. Record liquidations of $577.9 million indicate panic selling, with Bitcoin losing 15% since January amid a challenging macroeconomic environment including high inflation and recession fears. Institutional demand weakened as investors favored safe-haven assets like gold and the dollar. Analysts warn Bitcoin may stagnate or decline further without a bullish catalyst, making its near-term outlook uncertain.
Bitcoin's price has rebounded above $75,000 following reports that the U.S. and Iran are close to agreeing on a 60-day extension of their ceasefire. The deal would include reopening the Strait of Hormuz, easing U.S. sanctions, and unfreezing Iranian ...
Bitcoin is facing bearish pressure after falling below $77,000, now testing critical support around $74,000. Despite some short-term rebounds, technical indicators show a fragile market with multiple moving average sell signals and a bearish trend on...
Bitcoin's price dropped to nearly $74,300, its lowest since April 20, as investors withdrew over $2.26 billion from U.S.-listed spot Bitcoin ETFs in two weeks. The decline, about 10% below its May 6 peak, is driven by rising U.S. Treasury and global ...
Bitcoin's price fell sharply by $75,000, causing the overall cryptocurrency market capitalization to decline by 3.24%. This drop has led to a significant decrease in positive market sentiment for Bitcoin price predictions on May 24 and May 28, with p...
Peter Schiff, a known Bitcoin skeptic, warned that the $60,000 price level for Bitcoin is not a stable floor but a 'trap door' that the price could fall through, signaling potential further declines. Despite Bitcoin holding above $60,000 since Februa...
