The cryptocurrency market opened the final month of the year on a negative note. Bitcoin has fallen below $84,000 today, down nearly 32% from its all-time high of $126,200 in early October. Selling pressure has also been heavy on Ethereum, with the second-largest cryptocurrency down 8% and trading around $2,700. This chart is significantly different
Ether ETFs roared back to life with their strongest week in a month, while bitcoin funds ended a four-week outflow streak and solana funds extended their multi-week surge. Across all three sectors, the tone shifted decisively toward accumulation. ETF Revival Week: Ether Dominates, Bitcoin Edges Up A calmer macro backdrop and renewed appetite across digital
Is the bloodshed over for crypto markets? Not quite, given that Bitcoin, Ethereum, and other major coins are all deep in the red to start the new week—but at least crypto funds finished November strong, putting up positive flows last week to break a recent losing streak. Digital asset exchange-traded products experienced a significant reversal
Crypto-related stocks started December lower as bitcoin BTC$84,608.02 tumbled toward $84,000 during U.S. morning hours. Shares of Coinbase (COIN), Gemini (GEMI) and Galaxy Digital (GLXY) declined nearly 6%. Crypto mining stocks were also hit, with MARA Holdings (MARA), Riot Platforms (RIOT) and Hive Digital (HIVE) falling 7%-9%. Bitcoin treasury play Strategy (MSTR) slid 11% to
The cryptocurrency market started the new week with harsh selling pressure. Ethereum (ETH) fell below the $2,800 level to trade at $2,743, losing 9.90% in the last 24 hours, according to Binance data. The situation was similarly negative for Bitcoin (BTC). BTC fell below the $84,000 threshold to $84,113, marking an 8.03% daily pullback. This
Bitcoin began the week with a sharp drop below $86,000, with on-chain data indicating a pattern where large wallets slow down their buying pace while smaller wallets increase their buying. Analysts note that this divergence is typically seen when the market enters “late-cycle vulnerability.” Onchain data shows that long-term investors and large wallet holders have
December has started poorly for the cryptocurrency market. Bitcoin (BTC) and altcoins have experienced a sharp decline in the last 24 hours due to macroeconomic factors. While some analysts stated that this decline could continue even further, one of them was Bloomberg Intelligence strategist Mike McGlone. Sharing from the X account, the Bloomberg analyst stated
The approximately 5% drop in Bitcoin prices during the day was quickly reflected in stocks as the US markets opened. MicroStrategy (Strategy Inc.), a company with a high leverage in Bitcoin, was one of the companies most heavily affected by the sharp sell-off. MicroStrategy’s Class A stock closed at $164.92, a 6.92% decline. The stock
As Canada turns to stablecoin regulation, Scotiabank argued that the move is unlikely to shake domestic markets. Any framework is really about upgrading payment speed, efficiency and 24/7 settlement, rather than managing systemic risk, economist Derek Holt wrote in last week’s report. In November, the government committed itself to legislation that will regulate stablecoins backed
Following the sharp volatility in crypto markets over the weekend, QCP Capital explained that macroeconomic pressures were behind Bitcoin’s decline from $91,000 to $85,000. The Bank of Japan’s (BOJ) more hawkish tone than expected dampened risk appetite, while weaker PMI data from China fueled market concerns, the QCP said. Analysts emphasized that these two factors