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 one Bitcoin buying only 15.9 ounces of gold compared to a long-term average of 63 ounces. The Bitcoin/Gold ratio has dropped sharply, suggesting Bitcoin is trading at a discount and may have room to rebound if market sentiment improves, though this is not guaranteed. Investors currently view Bitcoin as risky, diverging from its usual crisis performance.
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...
Cryptocurrency markets are falling again after brief gains, with altcoins extending losses over the past week. Institutional investors are showing confidence in XRP, adding $20 million in inflows while other major coins like Bitcoin and Ethereum face...
Bitcoin dropped 11% in a week following Michael Saylor's Strategy selling 32 BTC tokens for the first time since 2022, triggering a price decline. This move appears strategic to lower the firm's cost basis by capitalizing on weak market sentiment ami...
