Table of Contents Bitcoin ($BTC): Key Long-Term Support TestedEthereum ($ETH): Breakdown Accelerates Selling PressureSolana ($SOL): High Beta, Higher Volatility Bitcoin entered 2026 on a relatively constructive note, briefly stabilising after the year-end volatility. However, that optimism faded quickly over the past few weeks as $BTC experienced a sharp sell-off, driving price aggressively toward the 200-week
Bitcoin has recovered from a low near $60,000 to now stand around $69,000, having effectively given back the gains it made after Donald Trump’s election in November 2024 this week. The cryptocurrency’s drop was accompanied by a broader market sell-off that saw the CoinDesk 20 (CD20) index lose more than 17% of its value in
Bitcoin has recently experienced a sharp freefall in the past 48 hours, scaring retail investors and raising serious concerns over its future viability. Though its price has improved slightly on Friday, traders are bracing themselves for the next big dip– and how much worse it might be. Luckily for the crypto industry, this year wouldn’t
Bitcoin has risen over the $70,000 threshold, giving markets hope that the market meltdown may be coming to a close. Since the end of January 2026, the largest cryptocurrency by market cap has continued to experience a drawdown because of macro uncertainties, ETF outflows, and risk-off sentiments. Nevertheless, a recent evaluation by Galaxy Research and
Bitcoin’s plunge to nearly $60,000 on Thursday, a nearly 30% drop over 7 days, has got traders on X began floating theories that the selloff was not purely macro or risk-off, but various reasons that contributed to the asset’s worst single-day performance since FTX crashed in 2022. Flood, a prominent crypto trader, called it in
Following the sharp drop in Bitcoin prices, Strategy (MSTR) made important announcements regarding its current financial situation. The company announced that as of February 1st, it has cash reserves of $2.25 billion. The statement indicated that the current level of dollar reserves is planned to be maintained for the next 2 to 3 years in
Although gold has recently pulled back, it experienced a significant surge last week. However, Bitcoin failed to keep pace with the gold rally, joining the gold decline and falling below $70,000. This divergence further fueled the Bitcoin vs. gold debate, but banking giant JPMorgan put an end to the discussion. Accordingly, JPMorgan stated in its
Bitcoin Falls Over $59,000 in Largest Drawdown Ever, Down Nearly 47% From All-Time High Bitcoin’s price crashed sharply on Thursday, sliding through critical support and dipping near $66,000 in volatile trading — marking what appears to be the largest absolute dollar drawdown on record for the world’s largest cryptocurrency. The latest plunge comes during a
During the ongoing cryptocurrency market collapse, one question dominates: Where is the bottom? According to investor Bill Miller IV, $60,000 is the critical level where the market likely stabilizes, with “weak hands” being finally shaken out. The two key reasons Miller has pointed to the cash production cost of creating every new coin. If the
Donald Trump has embraced bitcoin ($BTC) as a core part of his second administration, creating a strategic $BTC reserve, insisting all $BTC should be made in the United States, and destroying or disabling huge portions of the regulatory apparatus that had previously pursued cryptocurrency firms. Additionally, both he and his sons have vigorously embraced the