A recent auction of 30-year Treasury bonds, sold at a yield of 5.06%, has brought rising long-term US borrowing costs back into focus. Specifically, it has revived concern among certain market observers about how tighter monetary conditions could impact Bitcoin ($BTC) and other risky assets, just as investors are getting ready for the Fed’s next
Bitcoin [$BTC] has absorbed a run of blows, and although sentiment looks steadier with the asset testing $64,500 again, the market has yet to earn a bullish label. Traditional investors appear to be circling back, adding $75.76 million in inflows between the 13th and the 17th of July, yet several forces keep the market in
Bitcoin is sitting at $65,000 and a pattern that has preceded every significant price move in this cycle has just appeared again on the four-hour chart. Whether it resolves up or down will likely define where Bitcoin trades for the rest of the summer. Falling Wedge Analyst Gareth Soloway has pointed out that a falling
Traders balked on Bitcoin ($BTC) at $65,000 on Monday as crypto and risk-assets remained under pressure. Key points: Bitcoin staged several unsuccessful attempts to break and hold $65,000. US stocks face pressure from both the Iran war and an ongoing institutional tech sell-off. Bitcoin traders stay positive on the odds of $BTC/USD heading closer to
Bitcoin, the flagship cryptocurrency, has suffered yet another extremely brutal price correction. That said, Bitcoin advocate Samson Mow has made it abundantly clear that he remains unbothered by the recent market sell-off. This is a rare glimpse of optimism amid extremely negative sentiment. “The market is sleeping on this” Mow is confident that Bitcoin’s fundamentals
Bitcoin price has fallen to a make-or-break support zone near $59,000 after losing a key Fibonacci level that traders viewed as the last major defense before a deeper selloff. According to data from crypto.news, Bitcoin ($BTC) price dropped to around $59,175 on June 24, extending a pullback that has erased nearly all of the recovery
Bitcoin has fallen below $60,000 for a second time this month, triggering more than $850 million in crypto liquidations and sending Strategy shares to an intraday low of $92.28 as investors reacted to mounting pressure across digital assets and technology stocks. According to data from crypto.news, Bitcoin ($BTC) price dropped nearly 6% to an intraday
Key takeaways: Cooling oil prices and a multi-month high for the US dollar are keeping intense pressure on non yield-bearing assets. Spot Bitcoin ETF outflows paired with Strategy’s slowest buying pace in 18 months signal short-term downside risks. Bitcoin ($BTC) traded down to $59,060 on Wednesday despite the sharp retreat in oil prices. Inflationary pressures
Strategy Inc. (NASDAQ: MSTR) shares fell more than 10% Tuesday to $92, a two-year low, as bitcoin cratered below $60,000 and an analyst note from CryptoQuant warned the company has overextended itself and should halt bitcoin purchases before its financial situation deteriorates further. Bitcoin fell to roughly $59,000 on the day, a drop of more