Jamie Coutts, chief crypto analyst at Real Vision, argues that Bitcoin's recent price drop is due to weak demand and tightening global liquidity rather than the influence of Michael Saylor's company, Strategy. He highlights that the broader market lacked enough buyers to sustain higher prices and points to long-term holder selling patterns typical of market cycle peaks. Coutts also identifies rising US government debt as a major factor reducing liquidity, which impacts Bitcoin and other risk assets. Looking ahead, he sees potential new demand from tokenization and AI-driven services, but warns liquidity conditions may worsen before improving, suggesting recovery depends on broader market liquidity rather than a single corporate buyer.
Bitcoin surged 5% to $81,914, helping the total cryptocurrency market cap reclaim $2.8 trillion and nearly reach $2.9 trillion during a broad weekly rally. Altcoins outperformed Bitcoin, with Hyperliquid (HYPE) hitting a new high of $94.48 and Zcash ...
Strategy (MSTR) stock surged 16.39%, closing at $153.92 after heavy trading volume more than doubling its average daily shares. The rise is closely tied to Bitcoin's price, as Strategy holds around 845,000 BTC worth about $69 billion, making Bitcoin'...
Bitcoin's price surged above $81,000 following the Federal Reserve's 25 basis point rate increase, despite the Senate's failure to advance the Digital Asset Market CLARITY Act. Arthur Hayes, BitMEX co-founder, argues that the rate hike, which increas...
Russia's Moscow Exchange (MOEX) will launch perpetual futures contracts for XRP alongside Bitcoin, Ethereum, Solana, and TRON on September 22. These contracts, quoted in USD but settled in Russian rubles, allow qualified investors to gain price expos...
Bitcoin surged above $81,700 and Ethereum topped $2,600 following the Federal Reserve's unanimous 25 basis point rate hike, the first since 2023, signaling an end to the rate cut/pause cycle. The rally was further fueled by fresh regulatory moves: th...
