Despite current bearish sentiment, experts see Bitcoin’s (BTC) short-term crash as a temporary setback, with the asset poised for further gains. With Bitcoin nearing the $110,000 support level, analysts believe it could be headed for a blow-off top, a rapid, steep price surge driven by frenzied buying, typically followed by a sharp correction. Specifically, in
According to the Forbes piece, Donald Trump holds an estimated $870 million in Bitcoin, making him one of the largest individual BTC investors in the United States. Earlier this year, Trump Media (the media company behind Truth Social) announced plans to stockpile Bitcoin, effectively positioning the US president himself as the largest private BTC holder
Bitcoin price today trades near $112,450, recovering slightly after a violent 10% flash crash triggered by renewed U.S.-China trade tensions. The selloff, which erased over $7 billion in leveraged positions, sent BTC tumbling from the $120,000 zone to as low as $111,100 before buyers stepped in. The drop marks one of the steepest intraday declines
US spot Bitcoin exchange-traded funds (ETFs) continued their strong “Uptober” performance with $2.71 billion in weekly inflows, marking another strong week for institutional demand. According to data from SoSoValue, total assets under management for Bitcoin ETFs climbed to $158.96 billion as of Friday, representing nearly 7% of Bitcoin’s total market capitalization. “Capital keeps flowing into
Crypto market sentiment has dropped to its lowest level in almost six months after US President Donald Trump announced a 100% tariff on China. The Crypto Fear & Greed Index, which gauges overall market sentiment, fell to a “Fear” level of 27 in its Saturday’s update, representing a decline of 37 points from Friday’s “Greed”
Bitcoin Suffers Its Worst Crash of the Year The crypto market was thrown into chaos late Friday as Bitcoin ($BTC) crashed from above $120,000 to a low near $111,000, wiping out billions in market value within hours. The sudden drop marks the steepest one-day decline of 2025, with BTC falling over 7% in 24 hours
Key Takeaways Bitcoin OG, a veteran crypto trader, realized over $160 million in profits by shorting Bitcoin and Ethereum in just 30 hours. The trader actively adjusts positions in response to market volatility. Bitcoin OG, a veteran trader recognized for owning early-era coins and executing large-scale positions, booked over $160 million in profits from shorting
Bitcoin and crypto markets just witnessed the single largest daily liquidation event on record. The meltdown hit $19.27 billion in liquidations in the last 24 hours, according to CoinGlass. That’s larger than the massive liquidation cascades during the collapses of Terra Luna, FTX and the COVID-19 fallout. President Trump’s ongoing tariff battle is at the
Bitcoin’s price may recover up to 21% over the coming seven days if October’s historical trends hold, according to an economist. “Drops of more than 5% in October are exceedingly rare. This has happened only 4 times in the past 10 years,” economist Timothy Peterson said in an X post on Friday.’ He said those
Bitcoin traded at $117,729.81 as of press time, struggling to extend gains from its $126,000 all-time high as short-term positioning dynamics and risk-off flows dominated the medium-term debasement thesis. The debasement trade thesis gained popularity after JPMorgan published a report on the topic on Oct. 1. The thesis is based on the expectation that fiscal