On May 22, Bitcoin long positions worth about $320 million were liquidated following the SEC's unexpected delay of a plan to grant exemptions for US crypto firms to trade tokenized stocks. This regulatory setback caused Bitcoin's price to drop toward $76,000 and ended a week of sustained buying pressure. Traders had built leveraged long positions expecting a regulatory green light, but the delay forced many to exit. The postponement highlights ongoing cautious regulatory moves in the US crypto market, impacting sentiment and market structure as investors await clearer rules on tokenized equities.
Bitcoin's market value to realized value ratio (MVRV) has crossed above its one-year average, a signal previously seen at the start of the 2019 and 2023 bull markets, suggesting a potential recovery. This momentum shift comes as bitcoin briefly recla...
Bitcoin recently rose above its 365-day moving average for the first time in 310 days, a pattern that historically preceded significant 12-month gains in similar past instances. Analysts at Altcoin Pro highlight that the key bullish signal depends on...
Bitcoin's price remained around $84,000 after dropping sharply from $87,000, triggered by over $80 million in long position liquidations out of $110 million total. The price fluctuated between roughly $82,870 and $84,830, showing volatility but holdi...
Bitcoin fell to around $84,490 from a recent high of $87,397 as traders anticipate a 75% chance of a Federal Reserve rate hike in October, driven by persistent inflation concerns. This potential rate increase typically strengthens the dollar and rais...
Bitcoin's price dipped below $75,000 after the U.S. Senate failed to pass the CLARITY Act but rebounded above $80,000, trading at $84,752 as of Sept. 24. Analyst Willy Woo estimates a 90% probability that Bitcoin's market bottom is already in, based ...
