Cryptocurrency exchange Bitfinex stated in its weekly market report that selling pressure on Bitcoin continues and that markets remain cautious about downside risks. According to the report, the increasing amount of BTC deposited into exchanges, particularly by large investors, is strengthening selling pressure. Data reveals that large wallets account for 64% of total inflows to
Bitcoin is trading at $65,419, wedged between fading macro momentum and a short-term squeeze attempt that refuses to quit. The charts are aligned in classic relief-rally fashion — and the technicals are serving tension with a side of volatility. Bitcoin Chart Outlook Bitcoin’s daily chart paints the broader structure in unmistakable strokes. Bitcoin has declined
When bitcoin ($BTC) was above $84,000, Strategy (formerly MicroStrategy) founder Michael Saylor said, “sell a kidney if you must, but keep the bitcoin.” Yesterday, $BTC hit $63,000. Since his February 27, 2025 advice, $BTC has crashed by $19,000, and his company has lost $20 billion in market capitalization. Strategy’s February 2025 holdings (499,096 $BTC) have
The chance of Bitcoin reaching $1,000,000 is higher than the chance of it dropping to $0, according to Austin Arnold, founder of Altcoin Daily. The statement comes as Bitcoin now trades at $66,700, down 48% from its all-time high. Some bearish commentators, like Peter Schiff and Mike McGlone of Bloomberg, have predicted a drop to
GD Culture Group (GDC) has received board approval to sell part of its 7,500 bitcoin reserve to help fund a previously announced stock repurchase program, the company said. The board authorization allows management to decide when and how to carry out the bitcoin sales. GD Culture emphasized it’s not obligated to sell any set amount
Bitcoin correlation with U.S. equities has fallen to its weakest level since late 2022, according to market intelligence firm Santiment. In a recent post on X, the firm explained that Bitcoin has historically moved in tandem with the S&P 500. For instance, when interest rates were low and economic growth was strong, as in 2021
As the cryptocurrency market navigates a challenging period, Google Trends data shows a notable shift in crypto-related search behavior during the prolonged bear market. While price charts reflect a gloomy atmosphere, a new wave of interest is quietly forming. This trend could create a pivotal shift for the market’s next cycle. Diverging Retail Investor Sentiment
The market remains gripped by extreme fear. Many Bitcoin investors focus only on short-term price fluctuations and fixate on negative factors. As a result, they overlook strong underlying fundamentals. Although the price may be correcting, the following data reinforces the case for a recovery. Lightning Network Growth Despite a Sharp Bitcoin Price Decline Bitcoin’s price
GD Culture Group Limited, a Nasdaq-listed firm specializing in AI-driven digital human technology and livestreaming e-commerce, said Wednesday its board approved the potential sale or disposal of part of its 7,500 Bitcoin holdings to fund share repurchases. The disposition would support a $100 million buyback initiative disclosed on February 18. Proceeds will cover stock repurchases