Bitcoin’s January rally has lost traction, with the leading cryptocurrency retracing more than 10% from its mid-month peak as institutional demand softens and exchange-traded fund (ETF) flows turn decisively negative. Bitcoin Range Holds as ETF Redemptions Weigh on Market Confidence According to Bitfinex’s latest Alpha report, bitcoin failed to sustain a breakout above the $95,000–$98,000
Bitcoin is currently priced at $87,906, sporting a market capitalization of $1.75 trillion. In the past 24 hours, the digital asset has witnessed a trading volume of $54.01 billion, fluctuating within a narrow intraday range of $86,126 to $88,800. While the market clings to this tight band, the technicals paint a story that is far
BlackRock (BLK) is moving deeper into the cryptocurrency exchange-traded fund (ETF) market with a plan to offer income from bitcoin BTC$87,787.23 exposure. The world’s largest asset manager, with an estimated $12.5 trillion in assets under management, filed with the U.S. Securities and Exchange Commission (SEC) a Form S-1 to list the iShares Bitcoin Premium Income
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin (BTC) digital asset treasury companies, or DATCOs, that leverage a
The current Bitcoin price is testing a key support zone. A bullish relative strength index (RSI) divergence is forming, signaling waning downside momentum and opening the door for a short-term relief bounce. Summary Bitcoin trades at channel support with value-area confluence. Bullish RSI divergence signals fading selling pressure. Relief bounce possible if current support continues
Bitcoin holders are realizing staggering amounts of losses on their BTC holdings, as the asset’s price continues to underperform. While store-of-value assets like gold and silver press on to unprecedented heights, the crypto firstborn’s price struggle persists. Consequently, holders are growing impatient, realizing losses at levels last seen in almost three years. Key Points Data
Traditional hard assets and cryptocurrency are starting to diverge sharply, and the markets are making this clear. Gold is getting close to the psychologically crucial $5,000 mark, silver has surged above $100 and Bitcoin is finding it difficult to maintain important technical levels due to significant institutional withdrawals. Digital gold loses to real gold Physical
Story Highlights Dollar Index hits four month low as yen intervention fears pressure the US currency. Weakening dollar historically supports Bitcoin as liquidity improves and risk assets gain momentum globally. Arthur Hayes predicts Bitcoin could surge if central banks expand balance sheets again globally. The U.S. dollar is weakening again, and investors are watching closely.
The gains accrued earlier this month have been wiped out as Bitcoin dropped below the $88k level on Monday. The cryptocurrency market has been bearish over the last three weeks and has begun another week with more losses. Over $100 billion was wiped out from the crypto market on Sunday as events in the United