Economist Peter Schiff criticized young and unqualified cryptocurrency advisors who believe their early Bitcoin gains prove they are smart investors. He warned against mistaking a bull market for personal investment skill, especially as Bitcoin recently dropped to a four-month low below $62,000. Schiff argues that safer assets would have yielded better returns over the past five years and questions if Bitcoin's decline signals a broader market downturn. His comments come amid ongoing volatility in the cryptocurrency market.
Bitcoin price recovered to near $78,000 on November 1 after a dip caused by the $6.3 billion Binance hack, which had pushed it to a six-week low. Lighter (LIT) led altcoin gains with an 18% rise, while other smaller cryptocurrencies like Dessa and dK...
Bitcoin closed October at $77,430, maintaining its relative strength index (RSI) above 50 for the third consecutive month. Analyst PlanB interprets this sustained RSI level as the beginning of a new bull market for Bitcoin. Despite the positive momen...
Lighter (LIT) surged 15.26% in 24 hours to $3.13, leading gains among the 90 largest cryptocurrencies excluding stablecoins. Other notable gainers included Morpho (MORPHO) up 9.29%, Stacks (STX) up 8.59%, LayerZero (ZRO) up 8.26%, and Midnight (NIGHT...
Bitcoin's price increased by 0.81% to $77,821, while the overall cryptocurrency market capitalization dropped 2% to $2.63 trillion. Trading volume reached $71.32 billion, with Bitcoin holding 59.3% of the market share and Ether 10.5%. Most major toke...
Bitcoin has shown mixed performance in November historically, gaining in 10 of 16 years from 2010 to 2025. Its median monthly return in November is 10.26%, while the average return is much higher at 34.59%, highlighting some extreme outliers. The bes...
