Could this week be the worst crypto liquidation of the cycle? From a technical perspective, it’s easy to see why longs could be at deeper risk. Despite some relief from the geopolitical tensions, the market is barely responding. According to SoSoValue, the U.S. investors seem to have turned their back on digital assets as ETFs
Bitcoin price rose nearly 2% to reclaim $64,000 on Aug. 17, but weak daily momentum and unusually compressed volatility leave the next major move uncertain. Bitcoin price returns above $64,000 According to data from crypto.news, Bitcoin ($BTC) price traded near $64,154 at press time after gaining about 2% during the daily session. The recovery followed
Bitcoin ETFs Reverse Prior Week’s Rally With $389.7M Outflow The rush into crypto ETFs cooled quickly. After bitcoin funds posted their strongest week since April, investors spent much of the following five sessions trimming exposure. The selling was broad, persistent and concentrated in some of the market’s largest products. By Friday’s close, bitcoin ETFs had
The Bitcoin Obituary List Bitcoin obituaries, better known as Bitcoin death lists, archive public statements, headlines, articles, tweets, and predictions declaring bitcoin dead, dying, finished, worthless, or inevitably headed to zero. These independently tracked lists preserve every notable death call from journalists, economists, bankers, politicians, and bitcoin’s most notorious critics. Since 2010, bitcoiners have kept
Key takeaways Bitcoin trades around $63,500 after recording a modest decline last week. US spot Bitcoin ETFs suffered $389.71 million in net outflows during the week. $BTC has consolidated between $62,300 and $66,500 since mid-July as trading volume and implied volatility decline. Bitcoin ($BTC) trades slightly higher at around $63,500 on Monday after posting a
Recent on-chain data reveals a significant shift in how Bitcoin is held, with self-custody now accounting for 45.6% of the cryptocurrency’s maximum supply of 21 million coins. According to the latest figures, approximately 9.57 million $BTC is held directly by individuals and entities, marking a notable preference for personal control over third-party custody. Breakdown of
Tudor Investment has increased its BlackRock Bitcoin ETF stake by 18.9% in the second quarter, ending a year-long run of reductions while cutting most of its reported call-option exposure to the fund. The Securities and Exchange Commission filing submitted on Aug. 14 showed that the macro hedge fund founded by billionaire Paul Tudor Jones held
Bitcoin price recovered from the $62,700 area as buyers defended a key support zone, but ETF outflows, weak trend signals, and heavy overhead liquidity continue to limit the rebound. Bitcoin price action today According to data from crypto.news, Bitcoin ($BTC) price traded near $63,650 on Aug. 17, up about 1.2% on the day after recovering
Bitcoin is hovering near $63,000 as traders focus on whether $BTC can reclaim the crucial $63,400 resistance area or first sweep lower support before attempting another move toward $65,000. While Michaël van de Poppe sees potential for a rebound after a liquidity sweep, Matthew Dixon’s Elliott Wave analysis suggests a recovery could still precede one
Is “liquidity” the catalyst the market has been waiting for this cycle? Technically speaking, this looks to be a crucial week for Bitcoin. $BTC broke back above its 6-day downtrend with force last week, and the new week has begun with a further 1.7% increase. This has many analysts beginning to believe $BTC could finally