“First time?” For newcomers to bitcoin $BTC$71,091.27, the recent price plunge may feel like a shock. Many believed they were getting in early last October when $BTC hit a new all-time high of $126,000, encouraged by big talk from the Trump administration, Wall Street’s acceptance, and forecasts of imminent $1 million per coin. But what
Bitcoin is back in that familiar place where the chart looks ugly, the timeline feels loud, and everyone is trying to guess whether the next move is the one that finally breaks the mood. Today, Bitcoin fell below $70,000 for the first time in well over a year. Historically, that price still looks strong, especially
Bitcoin has entered a critical phase after its recent correction dragged the price toward the $70,000 level. Viewed through a macro lens, this move has exposed $BTC to elevated downside risk. Several on-chain and technical indicators now align with a bearish outlook. However, large holders are actively accumulating, attempting to slow or reverse the developing
As declines in the leading cryptocurrency Bitcoin deepened, the price fell below $70,000 for the first time in almost 15 months since November 2024. Bitcoin ($BTC) is erasing all the gains it made since the November 2024 US presidential election, and it is predicted that Bitcoin is in a bear market and the decline will
German lender Deutsche Bank (DB) says bitcoin’s $BTC$71,091.27 latest slide is less about a single macro shock and more about a slow erosion of conviction across institutional and regulatory fronts. In a Wednesday note, the bank argued that three forces are weighing on the asset: sustained institutional outflows, a breakdown in bitcoin’s traditional market relationships,
Crypto markets are moving lower, but the broader picture remains one of caution rather than panic. Bitcoin and Ethereum have both slipped after weeks of subdued trading, while capital has not rotated into higher-risk assets. Summary Bitcoin and Ethereum are moving lower, but without signs of panic, as volatility expands only modestly from previously compressed
Echelon Wealth Partners co-founder Peter Schiff has urged Bitcoin holders to abandon the sinking ship amid a brutal price correction. The perennial crypto critic has noted that the flagship cryptocurrency is now down by 60% agaisnt gold. Earlier today, BTC collapsed to an intraday low of $69,163, which is the lowest level since November 2024.
In a significant development for global financial markets, JPMorgan Chase & Co. has released analysis indicating Bitcoin’s long-term investment appeal now exceeds that of gold, marking a pivotal moment in the evolution of digital assets. This assessment comes as institutional investors increasingly evaluate cryptocurrency alongside traditional safe-haven assets, fundamentally reshaping portfolio allocation strategies worldwide. The
The crypto market is still struggling, with no clear sign that the selling has ended. On February 5, Bitcoin price dipped close to $69,000, a level not seen in over a year. The last time $BTC traded around this range was back in October 2024, amid the U.S. elections. Table of Contents Current market scenario
Gene Simmons, a rock legend and the frontman of KISS, has taken to social media to address his army of fans with a statement about a subject he does not touch too often: Bitcoin. Simmons recommends holding Bitcoin Gene Simmons posted a tweet sharing his personal philosophy about the world’s crypto leader, Bitcoin. The rock