Bitcoin’s $BTC$78,204.36 price sell-off has paused in the last 24 hours. However, prospects for a long-lasting recovery look dimmer as the dollar index springs back to life, threatening to squeeze crypto prices. Prices for the leading cryptocurrency by market value have stabilized between $75,000 and $80,000 after a weekend decline that saw valuations drop from
As selling pressure deepens in the cryptocurrency market, Alex Thorn, Head of Research at Galaxy Digital, shared a noteworthy assessment regarding the sharp drop in Bitcoin. According to Thorn, Bitcoin lost 15% of its value between Monday, January 28th and Saturday, January 31st, and the decline accelerated towards the weekend. On Saturday alone, a 10%
Since last week, the Bitcoin price has dropped from $90,438 to $78,193, registering a loss of roughly 13%. Galaxy Digital’s Alex Thorn expects potential stabilization near $70,000. The momentum indicator RSI at 30% accentuates oversold sentiment in short-term trend, bolstering the potential for a post-correction pullback. The Bitcoin price jumped over 2.3% during Monday’s U.S.
Bitcoin’s latest sell-off is sharpening a familiar market debate over whether the move reflects short-term positioning and liquidity stress, or signals a deeper erosion of Bitcoin’s thesis as a store of value. Analysts broadly agree the drawdown is cyclical rather than structural, but diverge on what comes next and whether Bitcoin is still positioned to
Elon Musk’s decision to merge SpaceX with artificial intelligence firm xAI has effectively created a trillion-dollar technology heavyweight — and quietly pulled one of the world’s larger corporate bitcoin positions back into focus as the company edges closer to a public listing. While the deal was framed around building “space-based AI,” the combined entity effectively
Bitcoin slipped below the $80,000 level over the weekend as selling pressure intensified across global markets. Reinforcing a climate of uncertainty that has weighed heavily on risk assets in recent weeks. The move came amid broad weakness in equities, elevated volatility, and declining liquidity conditions, pushing many investors into a defensive posture. While the price
Current on-chain data weakens the case for a healthy market pullback, according to CryptoQuant analyst Woo Minkyu, who noted rising supply in loss as a key warning indicator. “Losses are spreading across the supply, even without clear panic yet. This suggests the market is weakening structurally, rather than resetting for another expansion,” Minkyu wrote in
Kuvi.ai, an artificial intelligence (AI-driven) Agentic Finance OS that simplifies blockchain transactions across multiple chains using simple text or voice commands, has announced its strategic partnership with HyperGPT, a Web3-based AI marketplace for buying, selling, and managing AI applications. The core purpose behind this partnership is to build advanced AI agents for autonomous execution and
Bitcoin’s latest drawdown is being framed less as a technical breakdown and more as a liquidity problem, with Ki Young Ju arguing that the key inputs that sustained the rally fresh capital inflows have stalled. In that setup, he says, calls for a full-cycle, -70% style capitulation hinge on a single variable: whether Strategy turns