Category: BTC
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Bitcoin (BTC) Price Breaks Below $60K for the First Time Since May 3
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Monday’s carnage continues as the underlying cryptocurrency falls below $60,000 for the first time in nearly two months. Altcoins are in dire straits as well, with several double-digit price losers, as well as several others down 5-10%. CryptoPotato Earlier today I reported on a negative start to the trading week…
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Mass Sell-Off Sends BTC Price Tumbling To $62,000
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The winds of change are blowing through the Bitcoin blockchain. Since the April 19 halving, a pre-programmed event that halves miners’ rewards, the digital gold rush has hit a snag. Miners, the lifeblood of the network charged with verifying transactions and securing the blockchain, face a harsh reality — their…
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Bitcoin (BTC) Price Dumps Toward $62K, Liquidating Over 60,000 Traders
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Monday started off on the wrong foot for Bitcoin and the entire cryptocurrency market, as the underlying digital asset fell from over $64,000 to a new multi-week low of under $62,500. Although liquidations on a daily scale are still relatively low at just over $130 million, the total amount of…
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Stock Markets Tapping New Highs Last Week but BTC and ETH Suffer
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The cryptocurrency industry is often described as a high-risk asset class that tends to perform poorly during times of economic uncertainty. Although the stock market also falls into this category, at least to some extent, it has been on a wild run the past few weeks, with multiple new all-time…
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Analyst Charts Course For BTC Dominance
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The crypto kingdom is abuzz with talk of a possible changing of the guard. Bitcoin, the undisputed king for over a decade, finds its dominance challenged by a restless army of altcoins. Analyst Egrag Crypto has identified a critical juncture that could lead to either a Bitcoin-era boom or a…
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Analyst Charts Course For BTC Dominance
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The crypto kingdom is abuzz with talk of a possible changing of the guard. Bitcoin, the undisputed king for over a decade, finds its dominance challenged by a restless army of altcoins. Analyst Egrag Crypto has identified a critical juncture that could lead to either a Bitcoin-era boom or a…
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More Pain For BTC Incoming? Miners Haven’t Capitulated Yet
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There has been growing speculation about Bitcoin miners capitulating as hash rate increases slow, operating costs increase, and asset prices continue to decline. Analyst James Cheek assessed selling pressure from miners to determine the severity of the miners’ sell-off in a video on June 21. He said that miners selling…
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More Pain For BTC Incoming? Miners Haven’t Capitulated Yet
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There has been growing speculation about Bitcoin miners capitulating as hash rate increases slow, operating costs increase, and asset prices continue to decline. Analyst James Cheek assessed selling pressure from miners to determine the severity of the miners’ sell-off in a video on June 21. He said that miners selling…
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BTC Price Dumps Toward $64K Again as Spot Bitcoin ETF Outflows Continue (Market Watch)
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Bitcoin’s disappointing price movements continue as the asset was halted at $66,400 and fell towards $64,000 for the third time this week. Altcoins turned red as well, with several painful declines, especially from the meme space. BTC slides towards $64,000 It is safe to say that the underlying cryptocurrency has…
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BTC Price Dumps Toward $64K Again as Spot Bitcoin ETF Outflows Continue (Market Watch)
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Bitcoin’s disappointing price movements continue as the asset was halted at $66,400 and fell towards $64,000 for the third time this week. Altcoins turned red as well, with several painful declines, especially from the meme space. BTC slides towards $64,000 It is safe to say that the underlying cryptocurrency has…
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Bitcoin Whales Dump Over $1 Billion In BTC Amid Shifting Market Dynamics
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Bitcoin whales, or large-scale holders of the digital asset, have been offloading their holdings at a rapid pace. According to on-chain analysis firm CryptoQuant, these long-term Bitcoin investors and miners have sold over $1 billion worth of BTC in the past two weeks, signaling a significant shift in market dynamics.…
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Bitcoin Whales Dump Over $1 Billion In BTC Amid Shifting Market Dynamics
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Bitcoin whales, or large-scale holders of the digital asset, have been offloading their holdings at a rapid pace. According to on-chain analysis firm CryptoQuant, these long-term Bitcoin investors and miners have sold over $1 billion worth of BTC in the past two weeks, signaling a significant shift in market dynamics.…
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Bitcoin (BTC) Volatility Dwindles: ‘Boring’ Price Action Explained
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Bitcoin has become significantly less volatile recently. This is evidenced by the absence of any sharp spikes in price movements in either direction since the completion of the fourth half. This trend of decreasing volatility indicates maturity, according to experts. Bitcoin is seeing signs of maturity Over the past week,…
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Almost $500M in Liquidations as Bitcoin (BTC) Dumped to $64K and Alts Bled Out
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Bitcoin faced a lot of volatility on Monday, especially overnight, and fell to a new monthly high of $64,000. Altcoin volatility was similar, with several massive declines, devastating 190,000 traders on a daily basis. The underlying digital asset had a quiet weekend spending around $66,000. The start of Monday was…
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Bitcoin Proponent Michael Saylor Forecasts Potential $8 Million Price Tag For BTC
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excited Bitcoin supporter Michael Saylor made another very bullish prediction for the price of Bitcoin. His comments, made at a recent event in Prague, captured the attention of the cryptocurrency community, particularly due to the hefty price tag. While speaking at the event, Saylor predicted that Bitcoin would be worth…
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Can Bitcoin (BTC) Reach $100,000 if Donald Trump Becomes US President Again (ChatGPT Speculates)
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Turkish lire; Dr Donald Trump promises to support Bitcoin mining and cryptocurrencies if elected, which could send Bitcoin prices higher (according to ChatGPT). Broader economic conditions, such as inflation and Federal Reserve policies, may significantly impact asset valuations in the future. What are the opportunities for Bitcoin? The US presidential…
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Bitcoin Surge Incoming? MicroStrategy Prepares To Buy $700 Million Worth Of BTC
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Accurate strategyA leading American business intelligence and analytics company has revealed plans to buy Bitcoin again. The AI-powered company has scaled up Initial offerings of $500 million in convertible securities to $700 million, with the aim of using the proceeds to acquire an equivalent amount of Bitcoin. This massive purchase…
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Unveiling Bitcoin’s Drop To $65,000: Here’s How Much BTC Miners Sold
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Bitcoin has faced a significant amount of selling pressure over the past week, according to the latest on-chain data. This downward pressure is expected to have a noticeable impact on the price of the leading cryptocurrency. According to CoinGecko data, Bitcoin’s value has fallen by approximately 5% in the past…
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Unveiling Bitcoin’s Drop To $65,000: Here’s How Much BTC Miners Sold
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Bitcoin has faced a significant amount of selling pressure over the past week, according to the latest on-chain data. This downward pressure is expected to have a noticeable impact on the price of the leading cryptocurrency. According to CoinGecko data, Bitcoin’s value has fallen by approximately 5% in the past…
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Over $200 Million in Liquidations as Bitcoin (BTC) Price Dropped to Monthly Lows (Weekend Watch)
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Bitcoin price movements over the past few days have been quite painful as the asset fell to $65,000 yesterday for the first time in about a month. Although they have also recovered from their lowest positions, altcoins are also deep in the red, with NEAR, FIL, and FET sinking the…