Bitcoin ($BTC) trades near $67,002, and on-chain data from Glassnode shows the long-term holder cohort is signaling more downside before this bear market prints a cycle low. Three Glassnode charts point in the same direction. Holders carrying coins for over 155 days appear stressed. Yet they have not reached the pain levels that historically marked
The crypto market fell nearly 7% in 24 hours into June 3, with Bitcoin briefly breaking below $66,000 and around $1.8 billion in positions wiped out. The drop looked sudden, but the on-chain data had been flashing for days. Leverage sat at October-crash levels, funding ran hot, and a rare Strategy Bitcoin sale was the
Traders looking for silver linings as Bitcoin price dropped to $65,710 on June 3 are not getting it from analysts who point to how derivatives trades are setting up and the long line to exit crypto funds in their warnings that more pain could be coming. The money leaving crypto is not disappearing into thin
MicroStrategy sold 32 Bitcoin ($BTC) between May 26 and May 31 to help fund dividends on its preferred stock, its first such sale since 2022. Now, its STRC shares are trading below their $100 par value. The sale was small next to the 843,706 $BTC the company holds. Still, it raised a sharper question for
Jamie Coutts, Chief Crypto Analyst at Real Vision, believes crypto may have one more leg lower before a recovery, but says anyone buying Bitcoin in the $60,000s on a long-term horizon is likely making one of the better financial decisions available right now. Speaking in a recent interview, Coutts laid out a measured case for
Bitcoin has suffered a decisive breakdown from its multi-month rising channel, triggering a sharp sell-off that pushed the price toward a major support cluster around $65K. The rejection from the 100-day moving average and the inability to reclaim lost support levels suggest sellers remain in control in the near term, although $BTC is now approaching
Bitcoin ($BTC) has dropped 8% to a nine-week low of $65,360 from Tuesday’s high of $71,300 amid increasing geopolitical risks surrounding the US-Iran war. Key takeaways: Bitcoin slipped to $65,000 on Wednesday in a market-wide correction, liquidating $774 million in longs. Traders say Bitcoin needs to hold $60,000 as support to avoid a deeper correction
The leading cryptocurrency, Bitcoin ($BTC), surged above $82,000 in the first week of May, but this was short-lived. Since mid-May, factors such as rising geopolitical risks in the Middle East and increased ETF outflows have caused the $BTC price to fall to $65,000. However, Bitcoin has reached its lowest point at the Power Law level,
India’s crypto industry continues to await regulatory clarity and tax reforms. In an interview with Coinpedia, Nischal Shetty shared his views on the country’s crypto tax structure, the impact of the 1% TDS, stablecoin adoption, tokenized real-world assets (RWAs), and the future of crypto regulation in India. Nischal Shetty Wants TDS Reduced or Removed Shetty