Bitcoin (BTC), which broke a new record by surpassing $124,000 in mid-August, has been experiencing sharp corrections since then. At this point, the danger is not over for Bitcoin, which has not been able to escape its downward trend. Cryptocurrency analysis firm Matrixport said Bitcoin is at risk of further decline. Bitcoin faces further decline
Trump has once again marked history by being the first presidential organization in the US to have officially reported Bitcoin on their balance sheet. Although no amount has been disclosed, industry observers estimate the holdings to be approximately 1,000 BTC, which would be approximately 100 million dollars at current mid-2025 prices. This is a turning
After a red August, a confluence of technical, macro, and on-chain indicators are now signaling that a crypto market rebound could be on the horizon for September. While Bitcoin’s momentum is weak, its Relative Strength Index (RSI) is approaching historically significant oversold levels, just as global liquidity is rising and on-chain data shows smart money
In the final days of August, Bitcoin made a comeback, reclaiming the lead in the crypto ETF competition. Spot Bitcoin funds absorbed $440.71 million in new investments, reversing the $1.17 billion outflow from the previous week and bringing the total net intake to $54.24 billion. Net assets now total nearly $140 billion, according to SoSoValue.
Bitcoin rose 2% Monday before easing, while crypto liquidations totaled $274.63 million in 24 hours, per CoinGlass. The move followed a weekend of range-bound trade and kept the price near the $107,000 support area. Bitcoin set an all-time high near $123,000 on Aug. 14 and has drifted lower through late August, a backdrop that framed
Hunter Beast, author of BIP 360, a proposal that aims to make bitcoin quantum computing resistant, has warned about advancements in the field that could potentially endanger bitcoin. “I don’t think we have as much time as I once thought,” he stressed. BIP 360 Author Raises Concerns About Bitcoin’s Vulnerability To Quantum Computing Quantum computing
As September begins, the cryptocurrency market is on edge over the possibility that Bitcoin (BTC) may adopt a sustained bearish outlook, based on its historical performance. Data shows that September has been Bitcoin’s weakest month since 2013, with an average return of -3.77%. The recent 5.91% drop in August has only added to the skepticism,
Samson Mow, a major Bitcoin advocate and the JAN3 CEO, has voiced an issue that he believes the BTC community is getting divided over at the moment. His former employer from Blockstream and Satoshi Nakamoto’s ally, Adam Back, joined the discussion, leaving comments on his tweet. Major split hits Bitcoin community: Mow Samson Mow tweeted
Story Highlights Bitcoin enters September at $108K after a 6.5% August drop, facing its historically weakest month. ETF outflows of $751M signal caution, while whale wallets hit a record 19,130 addresses, showing quiet accumulation. A 90% chance of a Fed rate cut and key U.S. economic data this month could spark major crypto market volatility.
This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin BTC$107,590.02 has breached key support levels in a sign of increasing bearish momentum that suggests a risk of a slide to $100,000. The leading cryptocurrency by market value fell 6.5% in August, ending the four-month winning streak as the U.S.-listed