Bitcoin’s BTC$69,097.42 rebound from last week’s selloff is already running into a wall. After briefly sliding into the low-$60,000s in a capitulation-style move last week, the largest cryptocurrency snapped back toward the $70,000 level over the weekend but momentum has since faded. That stall has traders re-framing the bounce as a classic bear-market pattern a
For the first time in nearly a month, U.S. bitcoin exchange-traded funds (ETFs) have recorded back-to-back net inflows, snapping a redemption streak that stretched back to mid-January. According to SoSo value data, the consecutive inflows shift began on Friday with $471.1 million in fresh capital, followed by a $144.9 million on Monday. This comes as
Bitcoin’s BTC$68,900.75 sharp rebound from last week’s plunge toward $60,000 has been accompanied by a subtle but important shift in one closely watched indicator of U.S. demand. The Coinbase Bitcoin Premium Index — which tracks the price gap between bitcoin traded on Coinbase and the global market average — has climbed sharply from deeply negative
Global markets began the new week with a drop in Bitcoin prices, volatility in gold prices, and strategic changes in US Treasury bonds. Leading figures in the industry, including CEO Dave Weisberger, Strategist James Lavish, and Bloomberg Senior Strategist Mike McGlone, discussed the current state of the markets and future risks. CoinRoutes CEO Dave Weisberger
Anatoly Aksakov, chairman of the State Duma’s Financial Markets Committee and known as one of the architects of cryptocurrency regulation in Russia, made striking statements arguing that Bitcoin “will collapse sooner or later.” Aksakov, in his assessment published in the Russian Parliament Gazette, responded to Russian experts who stated that it is difficult for the
Following the compilation of bear flag patterns, the Bitcoin price is poised for a 20% fall to retest $55,000. On February 6, accumulator wallets absorbed 66,940 $BTC in a single day. $BTC’s fear and greed index at 9% indicates the market sentiment is in extreme fear. The pioneer cryptocurrency Bitcoin recorded a low volatility trading
Bitcoin price started a recovery wave above $68,000. $BTC is now consolidating gains above $70,000 and faces hurdles near the $72,200 zone. Bitcoin is attempting to recover but is facing many hurdles near $72,000. The price is trading above $70,000 and the 100 hourly simple moving average. There is a rising channel forming with support
Bitcoin is holding firm around the $70,000 level after one of its sharpest sell-offs this cycle, leaving investors split on what comes next. On-chain data, ETF flows, and market structure signals now point in two opposing directions, raising a key question: is Bitcoin preparing for another leg up, or setting up for renewed downside? Selling
President Donald Trump’s U.S. bitcoin BTC$70,151.59 reserve doesn’t exist yet, and there is no mechanism in the federal government for the wholesale purchase of crypto. Keep that in mind when considering this weekend’s speculation about the price point that would cause the White House to push a buy button, thanks in large part to CNBC
Bitcoin has been in decline since reaching its all-time high of $126,000 last October. While uncertainty continues for Bitcoin, which has fallen as low as $60,000, Bitfinex has provided an updated assessment. Bitfinex stated that the recent drop in Bitcoin represents the deepest major correction of the current cycle. Bitcoin has recovered since then, but