Galaxy Digital CEO Mike Novogratz attributes the recent Bitcoin price crash to a crisis of confidence triggered by significant unrealized losses at MicroStrategy and a shift in macroeconomic policies, particularly the Federal Reserve's hawkish stance and a stronger dollar. This combination has drained liquidity from the crypto market and increased skepticism among investors. Novogratz warns that Bitcoin is at a critical support level around $60,000, with potential to drop to $45,000 if this level fails. The future price movement remains uncertain, reflecting the complex market conditions.
Bitcoin is experiencing a critical phase where short-term holders are selling at losses due to market stress and unfavorable U.S. economic conditions, while long-term investors are buying aggressively. This capitulation by new investors and instituti...
Bitcoin has fallen over 50% from its October peak, raising questions about whether it has bottomed or will decline further. Grayscale identifies two potential paths out of the bear market, influenced by upcoming Federal Reserve rate decisions, progre...
In 2026, Bitcoin and gold have become the worst-performing major assets, with Bitcoin down 31% and gold down 6% year-to-date. This simultaneous decline is unusual for these traditional safe havens and is mainly due to a liquidity squeeze caused by th...
Tether is allowing holders of its tokenized gold, Tether Gold (XAUT), to borrow against their gold holdings without selling the asset. This move, in partnership with crypto lender Ledn, mirrors bitcoin-backed lending and unlocks liquidity from Tether...
Bitcoin and Ethereum showed minimal gains, trading mostly flat, while altcoins such as Solana and XRP outperformed with notable price increases. This pattern indicates a rotation-driven market where investors selectively move capital among tokens rat...
