Much has been made of bitcoin’s underperformance to gold — which Tuesday hit yet another in a long series of records, crossing above $3,800 per ounce for the first time. But gold isn’t the only asset partying while bitcoin stagnates under $115,000. U.S. stocks have also been notching record highs on what seems to be a
Ostium Research’s latest weekly note opened with Bitcoin under pressure after a swift selloff into the new week, describing “a mass liquidation event” that pushed price as low as $111,761, after rejection near resistance in the mid-$117,000s. The team frames the drawdown as part of a previously flagged “window of weakness… into early October,” while
El Salvador transferred more than $678 million worth of Bitcoin into several wallets for security purposes. The government moved approximately 6,274 BTC from a single national address into 14 separate addresses in a single sweep, each capped at 500 BTC, in late August. The decision, confirmed by the National Bitcoin Office (ONBTC), was reportedly made
The Bitcoin Core v30 update has split the Bitcoin community apart. There are now pro- and anti-Core v30s in the Bitcoin space. The latest debate is fueled by Luke Dashjr, a prominent developer renowned for his work on Bitcoin Knots. Dashjr, in a post on X, maintains that running Core v30 is an endorsement of
Following Bitcoin’s (BTC) sharp drop on Monday, an analyst has pointed to technical indicators suggesting the asset could fall below the crucial $100,000 level. According to TradingShot’s analysis, the maiden cryptocurrency is testing its 20-week moving average (MA) near $112,500, a level that has historically acted as a launchpad for the final leg of previous
Bitcoin has grown from just being a digital currency into a treasury asset now, attracting attention from investors, institutions, and innovators alike. Building on this momentum, CfC St. Moritz, a premier digital assets conference for investors and industry leaders, has announced a Bitcoin reserve. CfC St. Moritz Partners with Sygnum Bank For Bitcoin Reserve The
Summary The Bitcoin price prediction is based on whether ETF demand surpasses selling pressure. Bitcoin is currently trading around $112.7k, with a consolidation range of $112k-$115k. ETF inflows remain a major driver, albeit recent flows have been erratic. Upside potential: A break above $115k might go to $118k-$122k. Downside risks: A break below $112k might
Following the recent BTC slide to the $112,000 range, exchange outflows expanded to a one-month peak. Despite liquidations and some selling pressure, there are signs of whales buying the dip. Despite the BTC dip to the $112,000 range, exchange outflows accelerated. This may be a sign of renewed accumulation, as whales buy the dip. BTC
According to a top market commentator, Bitcoin fell to $112,000 to hunt leveraged market traders; nothing more than that. Bitcoin (BTC) experienced a significant decline on Monday, marking an unexpected turn of events. Many expected the premier asset to lead a broader market rally following the recent rate cuts. However, it instead dropped over 2%
There is a huge news that has caused waves in crypto circles.Giant BlackRock reportedly is selling off $980 million of Bitcoin (BTC). The report was released at 07:00 UTC on the today, which is one of the biggest institutional Bitcoin sell-offs in recent months. Let’s dive into more details and find out the market impact.