Bitcoin dropped to nearly $59,000 after a 20% weekly decline, sparking debate over the cause. Jim Cramer blamed Michael Saylor and Strategy's sale of 32 BTC for the selloff, but Saylor dismissed this claim. Analysts from CryptoQuant and Citigroup pointed to larger factors like ETF outflows and whale selling as more significant drivers. Concerns also arose about Strategy's funding model and Bitcoin's ongoing bear market trend since late 2025, suggesting broader market dynamics are at play beyond the recent sale.
Bitcoin long-position liquidations reached $41.41 million within one hour ending 9:35 a.m. ET on Nov. 12, primarily across Binance, Bybit, and OKX exchanges. This surge in liquidations coincided with a 0.63% price drop from $72,675 to $72,221 during ...
The stablecoin market has shrunk by over $14.20 billion in the past month, pushing its market cap below $300 billion for the first time in 14 months. This decline indicates reduced crypto liquidity and limited fresh capital, which hampers a bullish m...
Shiba Inu (SHIB) price fell to $0.0000043, down 3.7% following the surprise resignation of Nvidia CEO Jensen Huang, which caused Nvidia shares to drop around 12-13% and dragged down technology stocks and the crypto market. Bitcoin also fell 3.5%, ref...
XRP's price dropped to $1.02, marking a 20% loss over the past week and nearing its yearly low of $0.99 from August. Aggressive sell orders have dominated both spot and futures markets since late September, with a $2.5 billion selling surplus identif...
Bitcoin's price fell below the key $72,000 mark, trading at $71,868 on Binance spot as of 11:25 a.m. ET on November 12. This represents a $267 drop within 15 minutes, though the price was up 0.49% compared to one hour earlier. The movement shows shor...
