Bitcoin fell below $91,000, triggering over $190 million in long positions to be liquidated within four hours. Traders who bet on rising prices had to sell quickly, which pushed the price down even further. Charts show that Bitcoin dropped from $97,000, with the biggest liquidations happening near that level. This event, called a “long squeeze,”
An untouched Bitcoin address has just moved its entire stack — 909.38 BTC, now worth $84.62 million — into a new wallet format, as revealed by Lookonchain. Everyone who knows what such a wallet can cause immediately asked three questions: who, why and what’s next. The address received its first inflow sometime between 2011 and
Bitcoin consolidation phases often feel uncomfortable for traders. They test patience and conviction. However, these periods can also create opportunities for investors who follow disciplined capital management plans. Several signals suggest January could be the month when Bitcoin enters a critical consolidation phase ahead of a recovery. 3 Signals Suggest January Could Be When Bitcoin
A technical failure on Paradex, a decentralized derivatives exchange built on Starknet, briefly displayed Bitcoin as being priced at zero. The erroneous data, caused by a database migration issue, was rapidly picked up by algorithmic systems across the platform. As leveraged positions were liquidated en masse, Paradex suspended trading and initiated a rollback to contain
At this moment, the Bitcoin market today shows a phase of breathing below $92,000, with short-term weakness but the overall picture still set to rise. <img decoding="async" src="https://cnews24.ru/uploads/c38/c388995bd57e213b10058c6fa06a58b1412b81d3.png" size="2560×1440" alt="Daily BTC/USDT chart with EMA20, EMA50 and volumes” loading=”lazy” /> BTC/USDT — daily chart with candles, EMA20/EMA50 and volumes. Summary Daily Context: Bitcoin today between $90,000
Veteran commodities trader Peter Brandt has posted a devastatingly bearish warning about Bitcoin, the leading cryptocurrency by market cap. The cryptocurrency could face a double-whammy of a short-term technical capitulation to the $58,000–$62,000 range and a long-term existential risk posed by technological obsolescence, according to Brandt. A return to $58,000? Brandt’s downside target implies a
U.S. spot Bitcoin ETFs faced a sharp reversal on Friday after recording one of their largest single day capital exits. Investors pulled roughly 1,106 BTC from these funds, wiping out nearly $395 million in value. The sudden withdrawal surprised many traders who expected ETF flows to remain stable amid recent consolidation. Bitcoin ETF outflows sent
The cryptocurrency market has continued its poor start to the week as Bitcoin has dropped below the $91k level. The leading cryptocurrency is down 1.6% in the last 24 hours and is now trading at $90,940. The bearish performance comes amid the ongoing geopolitical tension between the United States and Europe. BTC could retest key
Bitcoin’s price dropped by 2.6% in the past 24 hours, reaching a low of around $90,600. With this, the cryptocurrency has erased all its gains from January 14th and is once again trading at the levels we saw on the 12th, as shown in the chart below. The price instability stems mostly from expanding international
Although Bitcoin (BTC) is expected to reach new all-time highs in 2025, the last few months have seen sharp declines. However, gold has experienced significant gains despite the declines in Bitcoin. At this point, according to the data, Bitcoin has continued to underperform against gold (XAU) for more than six months. However, this situation could