Bitcoin’s mid-week price rally that drove it to a monthly peak of $67,000 came to a halt, and the asset dipped below $64,000 earlier today, erasing essentially all the gains it had recorded. Here are the two possible reasons behind this nosedive. ETF Investor Exodus At first, we begin with the spot exchange-traded funds tracking
Although Bitcoin is yet to regain momentum, trading consistently in a downside trajectory, it appears that its long-term holders are stepping into the market again. Latest onchain data from CryptoQuant shows that Bitcoin’s long-term holders, known for retaining their positions even through diverse market cycles, have been increasingly stacking up Bitcoin again. Bitcoin sees strong
Coinbase Institutional and Glassnode have maintained a neutral Q3 2026 crypto outlook as a 12% quarterly market contraction clashes with early signs of Bitcoin accumulation. Coinbase Institutional Research and Glassnode based the outlook on more than 25 charts covering onchain activity, institutional flows, macro conditions and cross-asset correlations. Their joint “Charting Crypto Q3 2026” report
Bitcoin Reverses Gains as Liquidations Mount Bitcoin briefly slipped below $64,000 on Friday, positioning the top cryptocurrency to end the week flat after nearly reaching $67,000 on Wednesday. The reversal occurred even as global crude oil prices, which hit two-month highs on July 23, retreated, with Brent crude dropping below $100 a barrel. Market data
JAN3 chief executive Samson Mow has reopened a defining Bitcoin governance dispute, using the failed Bitcoin XT campaign to frame today’s protocol tensions. In a July 24 post, Mow said Gavin Andresen and Mike Hearn promoted BIP101 to miners after Core developers rejected it. BIP101 proposed a contentious hard fork requiring 75% miner signaling, which
Financial instruments backing institutional companies’ Bitcoin reserves may create selling pressure on certain dates. Matthew Sigel, head of digital asset research at VanEck, shared a list of how companies use their Bitcoin reserves. This list provides information on Bitcoin’s position in companies’ capital structures. Companies may be forced to sell Bitcoin to fulfill financial obligations
Bitcoin ($BTC) fell more than 1.6% on Friday as its latest price correction accelerated after Wall Street opened. Key points: Bitcoin price downside pressure mounts on the back of multiple macro headwinds. US bond yields further a hawkish pivot in Fed interest-rate expectations. $BTC price analysis sees a Binance “plunge protection team” attempting to shore
ETF Demand Is Driving Bitcoin, but Price Faces a Supply Wall Bitcoin gained roughly 10% in July, rebounding from lows near $58,000 to around $63,955 by July 24. However, Bitfinex analysts believe 3.55 million $BTC acquired near $68,000 are blocking a sustained move above that level. The analysts framed the market’s recent advance around crypto-native
Bitcoin price has slipped back toward $65,000 after spot ETF outflows, a major options expiry and rising oil prices stopped its rebound from extending beyond $66,800. According to data from crypto.news, Bitcoin ($BTC) price traded near $65,050 on July 24, down about 2.6% from its July 21 peak. Traders remained cautious as the pullback brought
Bitcoin ($BTC) is currently trading within the $65.2K range. Neither buyers nor sellers drive a strong directional move. The largest and dominant asset, Bitcoin ($BTC), is currently hovering within the $65,276 range. Also, the 24-hour trading volume is settled at $23.37 billion, down by 15%. That drop in volume during a rejection hints that conviction