Tom Lee, a Wall Street strategist, described Mark Cuban's recent sale of Bitcoin as 'rage-quitting,' a behavior typical at the end of a crypto winter when investors sell out due to disappointment. Despite Cuban's criticism and sale of most of his Bitcoin holdings, Lee maintains that the fundamental investment thesis for Bitcoin and Ethereum remains intact. Cuban had initially endorsed Bitcoin as an inflation hedge but sold after it failed to perform as expected. The recent sell-off contributed to Bitcoin's price dropping below $67,000, reflecting ongoing market volatility in cryptocurrencies.
Bitcoin's price has fallen about 12% to around $67,000, triggering a shift of capital into dollar-pegged stablecoins like USDT and USDC, which have reached multi-month dominance highs. This trend reflects growing risk aversion in the crypto market, c...
Bitcoin has dropped below $70,000, trading at around $69,570 after a 4.24% decline in 24 hours, while gold prices rose by 1.26%. This is unusual as Bitcoin typically outperforms gold during crises, but in 2026, it is significantly undervalued, with o...
Bitcoin, Ethereum, and several other major cryptocurrencies experienced significant price declines of over 5% in a broad market sell-off. Bitcoin fell to around $66,786, down 5.58%, while Ethereum dropped 6.14% to about $1,860. This widespread downtu...
Ethereum recently fell nearly 5%, dropping below $2,000 as $1.35 billion in long crypto positions were liquidated amid rising geopolitical tensions and weak investor sentiment. Despite this, technical analysis shows a strong buy signal if ETH retests...
Michael Terpin, a well-known crypto industry veteran, reaffirmed his prediction that Bitcoin could reach $1 million per coin by 2033 despite current market volatility. He highlighted a shift in Bitcoin's market structure, with increasing institutiona...
