Bitcoin fell sharply early Saturday session, dropping to a low of $63,019 as traders considered macro concerns. Over $514 million in crypto positions have been liquidated in the last 24 hours, according to CoinGlass data, with Bitcoin accounting for $193 million. Bitcoin extended an earlier drop on Friday after a report showed U.S. producer prices
With a few hours still to go, Bitcoin $BTC$64,111.46 is on track to post its worst losing streak since 2018, with February about to mark a fifth consecutive monthly decline. The run of losses would be the longest since that 2018–2019 bear market and follows what has already been bitcoin’s worst first 50-day start to
Cryptocurrency analysis platform Santiment examined the recent fluctuations in Bitcoin and altcoins in its weekly market review. The market is at a critical juncture with the Jane Street case and the upcoming Clarity Act rulings. The cryptocurrency markets experienced a rather volatile final week of February. According to Santiment data, although Bitcoin ($BTC) challenged the
Bitcoin is looking to reclaim $64,000 on possible short squeeze after earlier falling to as low as $63,000 following U.S. and Israeli strikes on Iran. At the same time, perpetual futures funding rates dropped to -6%, according to CoinGlass, marking the second lowest level in the past three months. The last time funding was this
What started as an Israeli strike on Iran hours earlier has escalated into the broadest Middle Eastern military conflict in decades, posing a risk to financial markets, including cryptocurrencies. Per reports on Bloomberg, CNN and Reuters, Iran launched waves of missiles and drones targeting not just Israel but U.S. bases and interests across the Gulf.
Two sentence intro: Bitcoin revisited a long term support zone on the weekly chart, reviving debate over whether the level marks a bottom or a breakdown risk. Meanwhile, a separate four hour setup around $65,000 left traders watching for either a bounce or another leg lower. Bitcoin tests five year support after sharp pullback, analyst
Bitcoin is poised to end February with another decline, marking its fifth consecutive month in the red. According to market data, the leading cryptocurrency lost approximately 16.3% of its value in February, marking its worst February performance since 2020. Historically, Bitcoin has seen an average increase of 11% in February, but this year the trend
After a week of bullish optimism around Bitcoin, the Cryptocurrency has experienced a new shock amid geopolitical tensions. $BTC dips to $ 64,000 on the last day of the month, down 6% in 24 hours. The asset has hit its lowest since February, near $63000. Altcons also react bearishly to this. This reaction came suddenly
Story Highlights Over 154,000 traders liquidated and $522M wiped out in 24 hours as US-Israel strikes on Iran crash Bitcoin below $64K. Every past Iran strike crashed crypto, then sent it higher. But this time, three key signals suggest the setup is different. Smart money is making moves while retail panics. Bombs, not bears, just
The stagnation in Bitcoin prices and the entry of institutional players into the market have raised claims of “price suppression” within the cryptocurrency community. Jeff Park, Chief Investment Officer (CIO) of ProCap Financial, discussed these claims and the behind-the-scenes workings of Bitcoin ETFs in a broadcast he participated in. Jeff Park acknowledged that Bitcoin ETFs