Earlier this Monday, the price of Bitcoin, the leading cryptocurrency, surged above the $106,000 level, reaching an intraday peak of $106,437, according to CoinGecko data. The price uptick has coincided with the US Senate voting to advance a deal that would end the longest-ever government shutdown, which has been going on for a total of
Bitcoin has shown notable resilience in recent days, avoiding a break below the crucial $100,000 support level despite heavy market volatility. The crypto king’s ability to maintain its position despite pressure signals underlying strength. What many perceive as a bearish phase has instead revealed strong structural support within the market. Bitcoin Is Doing Better Than
Multiple US economic events are on the calendar this week, and could either hinder the Bitcoin price’s path to $110,000 or be the tailwinds that drive it further north. The influence of US economic signals on Bitcoin and crypto remains significant in 2025, with associated sentiment becoming a critical factor in short-term price action. US
Long-term Bitcoin holders could be selling their holdings to shift into exchange-traded funds (ETFs) and to diversify their crypto portfolios, says Dr. Martin Hiesboeck, the head of research at cloud-based financial service platform Uphold. “There are several reasons why OG crypto holders are selling,” Hiesboeck said on Sunday. “Number one is to buy them back
Bitcoin BTC$106,114.20 exchange-traded funds (ETFs) just saw their third-largest weekly outflow on record, even as Wall Street deepens its crypto bets. More than $1.2 billion exited spot Bitcoin funds last week, joined by $508 million from Ethereum products, while Solana ETFs drew $137 million in new money, according to data curated by SoSoValue. The outflows
After hitting multi-month lows last week, the crypto market staged a rebound over the weekend. Notably, over the past 24 hours, the total market capitalization has increased by nearly 4%. Amid this, crypto whales remained active, moving millions of dollars in Bitcoin (BTC), Ethereum (ETH), Chainlink (LINK), and Zcash (ZEC) across both spot and derivatives
Bitcoin plunges below $100K first time since June amid crypto market correction The leading cryptocurrency plunged to the lowest level since June while major altcoins got hit even harder. Price drop. Bitcoin fell below the $100,000 mark for the first time since June 22. Bitcoin, the flagship cryptocurrency, plunged below the $100,000 level for the
Former Ohio State Treasurer Josh Mandel, once hailed as an early political champion of Bitcoin, has revealed a personal loss of more than $1.2 million on call options tied to BlackRock’s iShares Bitcoin Trust (IBIT). The former state official’s gamble followed his bold prediction that Bitcoin would reach $444,000 by November 8, a forecast that
After 40 days of political gridlock, the US federal government appears close to reopening, and crypto traders are once again betting that history may repeat itself. The latest US government shutdown is the longest in history, after the past went for 35 days between December 22, 2018, to January 25, 2019. Bitcoin Traders Bet on
Bitcoin price has plummeted into a bear market after falling by 20% from its highest level this year, and top technical indicators point to a steeper crash in the near term. Summary Bitcoin price has slumped into a local bear market this month. It has formed a rising wedge on the weekly timeframe chart. The