Bitcoin prices extended their recent losses on Friday, October 17, dropping to their lowest value in more than three months as several factors combined to fuel continued declines. The world’s most prominent digital currency reached as little as $103,516.25, according to Coinbase data from TradingView. At this point, the cryptocurrency was down roughly 18% from
The crypto market has failed to sustain the initial “Uptober” hype as prices of leading cryptocurrencies, especially Bitcoin, have returned to levels not seen in months, with bearish sentiments increasingly intensifying. While Bitcoin has continued to plunge deeper, renowned crypto market prediction platform Polymarket has disclosed data showing a 52% chance that Bitcoin will fall
With the sweeping bearish force in the market, analysts are now predicting where Bitcoin price could go in the next few months. Today, the price of Bitcoin dipped to $103,538 after trading much higher at $110,700. This drop is part of four consecutive days of Bitcoin declines, falling consistently lower and closing below the previous
The cryptocurrency market experienced a significant sell-off this week, with Bitcoin losing 9%, Ethereum losing 6%, and XRP losing 15%. Some altcoins saw even steeper declines. Analysts state that this sharp pullback may be due to both geopolitical developments and investors’ expectations of the classic “four-year cycle.” Last Friday, following US President Donald Trump’s threat
The US government has seized nearly 130,000 BTC — worth almost $15 billion — marking the largest forfeiture action in history and spurring discussions of what this could mean for the newly-created strategic bitcoin reserves. Experts warn that the road ahead is lengthy. The actual seizure of the assets is only the first step, though.
Cryptocurrency analyst Colin Talks Crypto said that the market has reached a critical threshold following the recent drop in the Bitcoin price. According to the analyst, although BTC is still in the bull market, the momentum is weakening and maintaining current levels is of great importance. Colin, in a chart shared on Twitter, assessed the
Chinese on-chain analyst Murphy drew attention to the behavior of Bitcoin (BTC) whales in this cycle in the latest data he published. According to the analysis, whale wallets holding at least 100 BTC currently hold a total of 12.17 million BTC, or 61% of the circulating supply. This is similar to levels at the peak
BlackRock’s iShares Bitcoin Trust (IBIT), the largest U.S. spot Bitcoin ETF, recorded two consecutive days of redemptions this week as Bitcoin tumbled below $105,000. According to ETF flow tracker data shared by HeyApollo co-founder Thomas Fahrer, IBIT sold 272 BTC on October 15 and another 272 BTC on October 16, bringing its two-day outflow to
The crypto loss streak continues for consecutive Fridays, wiping millions from traders who had hoped days of a market slump were well behind them. A crypto whale has lost over $1.4 million to liquidations from long bets on wrapped Bitcoin (wBTC), Ethereum (ETH), and Chainlink (LINK). According to blockchain security firm PeckShield, a whale wallet
On Oct. 14, 2025, the Department of Justice reported that it had forfeited 127,271 bitcoins from a Cambodia-based scam operation. Soon after, some of the crypto influencers claimed that the U.S. is now holding 325,000 or 327,000 BTC. Are these claims grounded, and how can we estimate the U.S. Bitcoin holdings correctly? Summary The U.S.