BTC

Pioneer decentralized cryptocurrency, Bitcoin (BTC), recently dropped below $65,000, sparking wild spread concerns among crypto faithful, as the dip could only culminate in further declines, which invariably implies more losses amid an already precarious state. At the time of press, […]

Highlights: MicroStrategy acquires 11,931 BTC for $786 million at an average price of $65,883 per BTC. The company’s total Bitcoin holdings now stand at 226,331 BTC, valued at nearly $15 billion. The acquisition was funded through a $800 million convertible […]

Highlights: Bitcoin has lost critical support levels this week, an indicator that sellers are gaining momentum Whales and miners are selling Bitcoin in the $71,000 to $60,000 range Analysts predict that the likelihood of Bitcoin dropping below $60k is high  […]

In the past 24 hours, Bitcoin’s price dipped slightly by 0.2% to $65,121, accompanied by a 0.6% decrease in trading volume to $35 billion. Crypto analyst Moustache pointed out a bearish cross on Bitcoin dominance’s 3-week chart, signaling a potential […]

Highlights: Miner revenues have dropped by 55%, forcing them to sell more Bitcoin driving prices down. Reduced issuance of stablecoins like USDT and USDC decreases market liquidity and increases price volatility. Significant withdrawals from major ETFs are adding to the […]

Lately, Bitcoin (BTC) has faced significant challenges in gaining momentum, evidenced by the token breaking below former resistance levels, which have been converted to support marks in the past. At press time, CoinGecko’s price statistics revealed that the flagship crypto […]

In the last two hours, Bitcoin has experienced a bearish breakout after three days of consolidating between the $66,729 resistance and the $65,994 support levels. When going to press, Bitcoin was priced at $65,650, marking a 1.06% decline. Today’s Price […]

Highlights: Willy Woo identifies long-term Bitcoin holders as a key factor in the current price decline, noting their significant influence on market trends. The advent of futures markets, or ‘paper BTC,’ diverts demand from actual Bitcoin, affecting market sensitivity to […]

Highlights: El Salvador proposes reforms to allow private banks to operate with Bitcoin and digital assets. New legislation aims to create a legal framework for Bitcoin-based private investment banks. El Salvador holds 5,781 BTC, valued at over $376 million, highlighting […]

Bitcoin (BTC) has been at the forefront of the wild market dip, ravaging the crypto market. Notedly, the coin has retraced below the $67,000 price mark, which was a potent support for the token. Currently, it is heading towards breaking below […]

The cryptocurrency market is reeling as the Bitcoin price plummeted 0.1% in the last 24 hours to trade at $66,704, pulling altcoins down.  The recent decline has been exacerbated by major withdrawals from Bitcoin exchange-traded funds (ETFs), increasing investor worries […]

The Bitcoin price has dipped 0.1% in the past 24 hours and 5% in the past week, trading at $67,369 as of 3:48 a.m. EST, on a trading volume that soared 10% to $31 billion.   With the plunge, the Bitcoin […]