Bitcoin is back to trading at levels seen in early February: near $60,000. But this time, the response from institutions is totally different. Today, they are aggressively selling into the dip, ETF flows indicate, unlike in February, when selling slowed as prices dropped to near $60,000. That marks a fundamental shift in how institutions view
Bitcoin dropping below $60,000 to a fresh cycle low has left investors searching for a culprit. According to Greg Cipolaro, global head of research at NYDIG, there probably isn’t only one. In a report last week, he argued that bitcoin and the broader crypto market is facing several overlapping headwinds that have been weighing on
Bear market comments and speculations have returned to the cryptocurrency space as bitcoin erased over $400 billion from its market cap in weeks, going down from over $82,000 to a Friday bottom of $59,000 on Friday – its lowest position in 19 months. Although it managed to rebound above $60,000 quickly, analysts are now split
Bitcoin traders are watching a tense derivatives setup after on-chain analyst Maartunn pointed to a drop in BTC price while open interest moved higher. The setup suggests traders are adding new futures positions while Bitcoin remains under pressure. That can raise short-term risk because crowded leverage often makes price moves faster in both directions. Bitcoin
Bitcoin ($BTC) trades near $62,000, roughly 7% above the $57,900 average price Germany received for the 49,858 $BTC it sold in 2024. Arkham Intelligence says a 6% slide would push the market below the government’s exit level. The on-chain analytics firm flagged the threshold, tracking every wallet movement when Germany liquidated the stash between June
A long-dormant cache of Bitcoin, which has been untouched since 2011, has suddenly moved on-chain. This has reignited intrigue surrounding a rather controversial legal battle playing out in New York. The 47.26 $BTC was transferred after sitting dormant for 15 years. The Noah Doe case As reported by U.Today, the lawsuit was recently filed in
Glassnode co-founder Rafael stated that Bitcoin has entered a valuation zone historically associated with market lows, adding that according to current on-chain data, the most likely low range is between $46,000 and $54,000. According to the analyst, in a more severe capitulation scenario, the $35,000 to $40,000 range stands out as the last line of
The past week or so has been nothing short of a bloodbath in the cryptocurrency markets, with bitcoin plummeting to $59,000 on Friday for the first time in 19 months. Aside from losing more than $20,000 in approximately three weeks, $BTC’s calamity dragged almost all altcoins. This has intensified the pressure on the largest corporate
Bitcoin’s sharp decline is fueling debate over whether investors are selling liquid crypto positions to chase the Spacex IPO and emerging AI opportunities. The theory points to liquidity pressure, ETF outflows, and Strategy’s small $BTC sale as contributing factors. Key Takeaways: Bitcoin weakness has been linked to demand for the Spacex IPO and potential public
The market has clearly shifted against broader expectations. Naturally, when that flips, liquidity gets pulled as overleveraged positions get trapped on the wrong side of the move. In this setup, with Bitcoin down nearly 20% in under a week, bulls are clearly taking the hit, with over $2 billion in long liquidations in just five