Bitcoin ($BTC) continued its decline, which began in October, into February, with the price falling to levels around $60,000. Although there has been a slight recovery in the last 24 hours, Bitcoin’s decline is deepening. At this point, analysts have begun to examine the behavior of different investor groups in the market. At this point,
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1937.2, up 4.4% (+82.19) since 4 p.m. ET on Tuesday. All 20 assets are trading higher. Leaders: DOT (+17.2%) and AVAX (+12.9%). Laggards: BTC (+2.8%) and AAVE (+3.0%). The
The decline in Bitcoin, the leading cryptocurrency, to as low as $60,000 may be coming to an end. An analysis indicated that the miners’ capitulation has ended, suggesting that $BTC is approaching its bottom. According to CoinDesk, market analyst James Van Straten said that Bitcoin miners are entering the final stages of capitulation, which increases
By Omkar Godbole (All times ET unless indicated otherwise) Traders chasing alpha might want to take a look at U.S.-listed bitcoin $BTC$65,804.51 mining stocks. Some of these companies are surging, boldly decoupling from the cryptocurrency’s choppy price action. Shares in Terawulf (WULF) have gained 31% this month, even as bitcoin’s spot price has dropped nearly
Circle (CRCL) shares jumped over 15% in pre-market trading after the stablecoin issuer’s fourth-quarter earnings per share (EPS) beat analysts’ forecasts. The issuer of the USDC stablecoin reported EPS of $0.43, compared with a consensus estimate of $0.16, according to FactSet data. The New York-city based firm also posted earnings before interest, taxes, depreciation and
Demirors, founder of Crucible, stated that traditional institutions reaching out to crypto are not interested in the underlying values of decentralization and financial freedom, but in the opportunity to turn onchain structures into engines of new revenue for repackaged products. Demirors: Onchain Assets Are the Next Goal for Institutions While bitcoin and the crypto sector
Bitcoin ($BTC) continued its downward trajectory in February, trading at $64,492, nearly 50% below its early October all-time high (ATH) price. Yet, price action tells only part of the story. According to River, Bitcoin adoption accelerated last year, with institutions, banks, merchants, public companies, and even nation-states increasing their exposure. Is Bitcoin’s 50% Decline Masking
$BTC accumulation was one of the factors that could calm the market, as there were signs of accumulation to new addresses. In February, the pace of accumulation slowed down, showing that even spot demand was weakening at the current price range. $BTC accumulation remained weak in February, despite the lower price range. As sentiment remained
Bitcoin no longer sits on the sidelines of global finance. In 2025, Wall Street has embraced it with conviction and capital. Reports show that institutions accumulated 829,000 $BTC, marking a historic shift in Bitcoin Institutional Adoption across the financial sector. For years, critics dismissed Bitcoin as speculative or volatile. However, 2025 tells a different story.
President Donald Trump took the floor Tuesday night for his State of the Union address, highlighting his economic goals and policy priorities. Although digital assets rallied during the speech, he did not mention cryptocurrency or Bitcoin. Key Points Donald Trump framed his return to office as the start of a renewed economic era, emphasizing national