Bitwise Chief Investment Officer Matt Hougan says Bitcoin may be in good shape whether the economy changes or not. His reasoning is based on the long-term growth prospects for Bitcoin, which he claims remain favorable regardless of economic developments, driven by AI integration, changes in monetary policy, and increased institutional investment. The asset will be
On the 15th of October, the crypto markets were hit by a $957.77 million wave of liquidations. Notably, long positions accounted for 91.7% of the total, reflecting widespread forced selling. Over the last 24 hours, $878.07 million in leveraged longs were wiped out amid concerns over hotter-than-expected inflation and fears about Federal Reserve policy. The
The global crypto market cap fell 3.2%, wiping out $89.36 billion to reach $2.71 trillion. Meanwhile, Bitcoin the pioneer cryptocurrency dropped from a 24-hour high of $83,700 to below $81,000 after U.S. inflation came in hotter than expected, raising the odds for a Fed rate hike to 44%. The market drop triggered nearly $1 billion
Bitcoin ($BTC) is approaching a critical support zone near $81,000 as selling pressure intensifies following hotter-than-expected U.S. inflation data. The latest decline has put the market’s accumulation trend to the test, with large holders adding Bitcoin even as institutional demand shows signs of weakness. Meanwhile, substantial withdrawals from Binance suggest some investors are moving $BTC
Bitcoin whale holdings climbed by about 60,000 $BTC to nearly 3 million as large holders increased exposure during the latest market recovery. Bitcoin’s largest non-exchange holders have added roughly 60,000 $BTC as the market recovered, pushing their combined balance from about 2.94 million $BTC to nearly 3 million. The increase suggests large holders were expanding
Peter Schiff, CEO of Euro Pacific Capital, issued a new warning to Bitcoin (BTC) investors. Schiff argued that a sharp decline in financial markets is possible and advised investors to sell Bitcoin and invest in gold. Speaking on social media platform X, Schiff stated that he did not understand why the price of Bitcoin had
Government Bitcoin [$BTC] holdings have declined in 2026, falling from 647,231 $BTC at the beginning of the year to 645,596 $BTC – a reduction of 1,635 $BTC. In this, Bhutan recorded the sharpest decline, with its tracked holdings dropping 91% from 5,984 $BTC to 518 $BTC. Meanwhile, Kazakhstan and El Salvador are the only governments
Bitcoin fell below $82,000 on Wednesday, October 14, after the U.S. Bureau of Labor Statistics reported that consumer inflation accelerated to 3.7% in September, up from 3.4% in August. The September CPI report showed prices rising 0.6% on the month, led by a 9.1% jump in gasoline, and the hotter-than-expected reading cooled expectations for near-term
The average cost basis for Bitcoin holders of six to twelve months sits at $88,000, while the one-to-two-year cohort averages $100,000. U.S. spot Bitcoin exchange-traded funds (ETFs) recorded cumulative net outflows of $760 million starting October 7. Realized losses by long-term holders dropped 85% from their peak recorded on August 12. Between $88,000 and Bitcoin
Bitcoin ($BTC) is down 2% in the last 24hours, trading at $81,698 after US inflation came in hot and raised the odds of another Fed rate hike. Compounding the decline is a cascade of long liquidations ($63.17 million in the past day) and a break below the $82,000 – $83,000 support zone. Institutions have also