Bitcoin and altcoins suffered a major crash yesterday, losing $1.7 billion in what was one of the biggest liquidations of the year. Bitcoin has disappointed investors with an 8.81% price drop since reaching a record high of $123.8,000 on August 14. Unlike the slow decline of the past few weeks, Monday saw a sizable drop,
Bitcoin’s implied volatility has fallen to its lowest level since 2023. According to on-chain analysts in a Wednesday research report, the direction of Bitcoin’s price will now depend on the future accumulation of open interest. MVRV Ratio Suggests a ‘Wait-and-See’ Approach Analyst ‘XWIN Research Japan’ pointed out that Bitcoin’s Market Value to Realized Value (MVRV)
Donald Trump’s ordered audit of crypto assets intended for a Bitcoin Reserve and Digital Asset Stockpile is now overdue by 172 days. The review, which was supposed to inspect the crypto holdings of various federal agencies, was due on April 5 after Trump issued his executive order. However, there have been no announcements from the
Bitcoin (BTC) has continued its price fluctuations in the last month, dropping 4% within the last seven days. Notwithstanding this volatility, Dan Tapiero, the founder of 50T Funds, has made a bold prediction about the future price of the asset. Tapiero believes Bitcoin could hit $1 million in the next 10 years. Dan Tapiero predicts
TL;DR: Bitcoin’s RSI divergence shows weakening downside momentum, hinting at a potential shift toward potential recovery. Short-term holders offloaded 30.9K BTC to exchanges, taking realized losses worth about $3.3 billion. Persistent negative exchange netflows point to accumulation, reducing supply available for immediate selling pressure. Bullish Divergence on the Chart Bitcoin is showing early signs of
Story Highlights Bitcoin underperforms as Gold hits new highs Peter Schiff warns Bitcoin’s decline against gold suggests BTC is in bear market Analysts say that the bearish sentiments often signal a market reversal Bitcoin has seen massive crashes lately, dropping below $112,000 levels. It has slipped over 9% from its all-time high of $124K just
Brian Armstrong, Coinbase’s CEO, made waves with his recent forecast that Bitcoin could climb to $1 million by 2030. It’s a notable change of pace for Armstrong, who typically avoids making such specific predictions. He appears to be taking a firm stand this time around, as evidenced by his Bitcoin million target. He is not
The pace of global M2 expansion surpasses even the recently bullish BTC trend. The global broad money supply marched ahead since January, not waiting for crypto to catch up. The global M2 money supply accelerated its expansion since January. In the year to date, global liquidity marched ahead, far surpassing even the strong crypto bull
The Bitcoin price crash began over the weekend and has since seen he digital asset break below the $112,000 support level. Interestingly, this crash was called by a couple of crypto analysts who had pointed out the weaknesses surrounding Bitcoin over this time. As their predictions begin to play out, this report takes a look