Bitcoin ($BTC) has fallen back to around $67,000 after recovering above $70,000. While Bitcoin continues to experience volatile price movements, the CEO of Canary Capital stated that a rally will occur by the end of the year, but before that, the $BTC price will fall to $50,000. Speaking to Korea Economic Daily, Canary Capital CEO
The lack of expected results from the stablecoin meeting hosted by the White House in the US, coupled with an increasingly hawkish macroeconomic outlook, caused Bitcoin to fall to $67,000. While experts expect further declines in Bitcoin ($BTC) price, Joao Wedson, CEO of analytics company Alphractal, explained the critical levels to watch for $BTC. The
US spot Bitcoin exchange-traded funds (ETFs) extended their inflow streak to three sessions, with this week’s gains nearly offsetting last week’s outflows. Spot Bitcoin ($BTC) ETFs recorded $166.6 million in inflows on Tuesday, bringing total inflows this week to $311.6 million, according to data from SoSoValue. Last week, the funds saw net outflows of $318
Story Highlights Bitcoin sentiment turns fearful again as Santiment shows bearish social posts dominating bullish buy-the-dip conversations online. Google search interest for Bitcoin falls sharply, signaling lower public attention and reduced retail excitement overall. Historical Santiment trends show extreme fear phases often appear before strong Bitcoin price recovery moves. Bitcoin price has been struggling to
The days of outsized gains in crypto may be coming to an end as more risk-averse institutional players are entering the space, replacing retail investors who chase rapid gains, according to Galaxy CEO Mike Novogratz. Novogratz reportedly said at the CNBC Digital Finance Forum on Tuesday in New York that it is a reflection of
The Bitcoin price is sliding again after a failed rebound following February 6. The $BTC price is down nearly 3% in 24 hours and about 38% since mid-January. After bouncing from $60,100 to $72,100, buyers lost control, and the rebound faded. Technical signals had warned early, and on-chain data now confirms growing selling pressure. The
Bitcoin price has dropped for four consecutive weeks and is hovering near its lowest level this year. It was trading at $68,245 on Wednesday, down substantially from its all-time high of $126,300 as demand waned. However, there are signs that whales have started buying, a sign of increased accumulation. Bitcoin whales have started buying Copy
Bitwise’s Chief Investment Officer (CIO), Matt Hougan, stated that the most significant reason for the recent decline in Bitcoin is the “four-year cycle,” a phenomenon previously observed three times in the cryptocurrency markets. Hougan emphasized that investors should not attribute this decline to a single cause. According to Hougan, in addition to the cyclical effect,
Michael Saylor announced that the company will not back down from its buying strategy despite the sharp fluctuations in Bitcoin (BTC). Saylor stated, “We will not sell Bitcoin, we will continue to buy it every quarter, forever.” Speaking as the Bitcoin price fluctuated below $70,000, Saylor stated that the company had made approximately $90 million
SkyBridge Capital’s founder, Anthony Scaramucci, said on Wednesday that he is buying bitcoin BTC$68,386.95 during the market downturn and described Donald Trump as a “crypto president.” “So 10 days ago, we were buying Bitcoin at 84,000 last week, we’re buying Bitcoin at 63,000 bitcoin this week, we’re buyers of Bitcoin in this market, again,” Scaramucci