Bitcoin price dropped to new yearly lows on Tuesday, briefly falling below $73,000 for the first time since November 2024. Summary Bitcoin price briefly touched a 10-month low of $72,884 on Wednesday. Massive liquidations pushed Bitcoin below key support levels. Institutional appetite for Bitcoin has cooled off in recent months. According to data from crypto.news,
Michael Burry, who gained fame in 2008 for predicting and profiting from the high-interest mortgage crisis, has made new statements regarding Bitcoin ($BTC). Michael Burry, whose story is told in the film “The Big Short” and who is known as a major short seller in the market, has issued a warning about the future of
Bitcoin ($BTC) has fallen below $73,000 in recent days following a series of sharp declines. While these declines were occurring, Binance, the world’s largest cryptocurrency exchange, also saw large-scale Bitcoin transfers. According to data from the on-chain analytics platform CryptoQuant, between 56,000 and 59,000 $BTC were deposited into Binance on February 2-3. Analyzing this situation,
The Bitcoin Rainbow Chart, a valuation model that tracks Bitcoin’s (BTC) price along a logarithmic growth curve, points to a broad but defined range by February 28, 2026. Its projection places Bitcoin anywhere from the low $40,000s to just under $460,000, depending on the valuation band. The lowest band, ‘Basically a Fire Sale,’ between roughly
Binance has completed the second batch of its Bitcoin conversion for the Secure Asset Fund for Users (SAFU), acquiring an additional $100 million in $BTC. The crypto exchange announced the transaction via its official X account, providing the public wallet address and transaction ID for verification. #Binance SAFU Fund Asset Conversion progress update. Binance has
Bitcoin price extended its decline below $75,000. $BTC is now attempting to recover from $72,850 but faces many hurdles near $76,500. Bitcoin is attempting to recover above $74,000 and $75,000. The price is trading below $79,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $77,200 on
Binance, the world’s largest cryptocurrency exchange, has taken action for its $1 billion move as Bitcoin ($BTC) experiences successive sharp declines. At this point, Binance also completed a second round of purchases to convert its $1 billion stablecoin reserves in the SAFU fund into Bitcoin. According to Arkham Intelligence data, Binance’s SAFU fund purchased an
Bitcoin may strongly outperform gold over the next ten years, according to Dan Morehead, CEO of Pantera Capital. He shared this view during a recent talk at the Ondo Summit. His main reason is pretty simple, which is that most large institutions still hold almost no Bitcoin. LATEST: 📈 Pantera Capital CEO Dan Morehead says
Story Highlights Bitcoin slid to $74K as liquidations, weak US stocks, and ETF outflows sparked heavy selling, dragging Ethereum and altcoins sharply lower. Analysts say the crash reflects leveraged liquidations and profit-taking, with markets watching $74.5K support to avoid a deeper correction. Bitcoin price today dropped sharply, falling to the $74,000 level and triggering another