The U.S. labor market delivered a major surprise on Friday, after new data showed the economy lost 92,000 jobs. It marks one of the rare monthly employment declines since the pandemic era. The weak report raises concerns about the strength of the economic recovery. Bitcoin fell below $70,000 as financial markets remain skeptical that policymakers
Bitcoin surrendered its $70,000 support level, triggering a broader crypto market retreat that wiped out $329 million in leveraged positions. This downturn was fueled by a perfect storm of geopolitical and macroeconomic pressures. Wiping out the ‘War Gains’ Bitcoin’s midweek resilience crumbled Friday, March 6, as the cryptocurrency surrendered the psychological $70,000 stronghold. After a
Renowned macro investors Anthony Scaramucci and Galaxy Digital CEO Mike Novogratz discussed the current state of the cryptocurrency market, allegations of manipulation, and future expectations in their latest broadcast. Amidst geopolitical tensions in the Middle East, markets are giving signals that “the worst may be over” for Bitcoin. Mike Novogratz displayed cautious optimism when evaluating
Bitcoin has lost a major support level against silver, and this has raised concerns about its relative strength compared to the precious metal. After reaching a peak of $126,000 in October 2025, Bitcoin ($BTC) began trending downward, while silver (XAG) continued to gain ground. As a result, the Bitcoin-to-silver ratio has dropped significantly since August
Bitcoin could climb to roughly $1.5 million per coin if its total market value eventually matches that of gold, according to Adam Back, chief executive of Blockstream. Back shared the projection during remarks at the Global Alts Miami 2026 conference, where he discussed Bitcoin’s long-term outlook. He argued that $BTC has consistently distinguished itself from
A new study from the Cambridge Centre for Alternative Finance reveals that a targeted attack on key underwater cables and routing providers could theoretically cripple the vast majority of Bitcoin’s public nodes. In a new paper, researchers Wenbin Wu and Alexander Neumueller present the first longitudinal study of Bitcoin’s physical-layer resilience. Decentralization is, of course,
Bitcoin’s move to a one-month high of $74,000 this week triggered a wave of profit-taking from short-term traders, according to data from CryptoQuant. The largest cryptocurrency is trading around $69,000 after losing momentum from Wednesday’s break above $70,000. CryptoQuant analyst Darkfost explains that short-term holders transferred more than 27,000 BTC ($1.8 billion) to exchanges in
Bitcoin advocate Minesh Bhindi, aka British HODL, believes the leading cryptocurrency could surge to around $340,000 during the current market cycle. Key Points Bitcoin could hit $340,000 during this market cycle. If conditions align, the rally might even kick off later this year. Bitcoin’s market cap of $1.2–$1.3 trillion suggests room for growth compared with
As the long-standing debate about Bitcoin’s supply scarcity remains unresolved, a recent X post from Strategy founder Michael Saylor on a similar matter has triggered a reaction from Jan3 CEO and longtime Bitcoin advocate, Samson Mow. In his post, Strategy’s Saylor declared Bitcoin’s supply limited, making it insufficient for everyone to buy. Samson Mow, on
Bitcoin trades near $70,000 after a turbulent stretch that erased gains from the previous rally. The market now enters a critical consolidation phase between major support and resistance zones. Traders watch this range closely because it could define Bitcoin’s next macro direction. Price Structure Signals a Decision Zone Bitcoin still trades below key Fibonacci retracement