A market correction is the most likely scenario for most of the coins, according to CoinStats. BTC/USD The price of Bitcoin (BTC) has fallen by 2.64% over the last day. On the hourly chart, the rate of BTC is coming back to the local resistance of $87,444. If its breakout occurs, growth is likely to

Prominent economist Steve Hanke has renewed his criticism of Bitcoin (BTC) amid the cryptocurrency’s ongoing plunge. Hanke, a professor of applied economics at Johns Hopkins University, said Bitcoin’s latest crash reflects what he described as the asset’s lack of any underlying value, according to an X post on December 16. In his view, Bitcoin is

Bitcoin is fighting to regain its footing after taking a not-so-graceful tumble from the $89,500 range. While it’s found temporary support, the current market action suggests this bounce may be more of a breather than a comeback. Bitcoin Chart Outlook Starting with the one-hour chart, the price plunged from approximately $90,000 down to $85,000, before

Mike McGlone, a Bloomberg Intelligence strategist, continues to insist that Bitcoin could go back up to $10,000, and his reasoning has nothing to do with belief, messaging or loyalty to the asset. At the end of the day, it is all about who has already bought, when that money came in and who is left

On the charts, Bitcoin’s recent decline below $90,000 appears dramatic, but structurally itis more of a controlled reset than a trend failure. Bitcoin has stabilized in the mid-to-high $80,000s, where liquidity, derivatives positioning and spot demand are beginning to align once more following a steep sell-off from the $100,000-$105,000 range. Closing above The first level

The cryptocurrency market has stabilized today after yesterday’s sharp sell-off. Bitcoin signaled a recovery in the early hours of the US session, rising above $87,000. The largest cryptocurrency is up about 3% from its overnight lows, while Ethereum was relatively weaker, gaining only 1.4%. Major altcoins such as BNB, XRP, and SUI, however, outperformed the

Cryptocurrencies stabilized after Monday’s sharp selloff, with bitcoin BTC$88,007.24 bouncing above $87,000 in the early U.S. session on Tuesday. The largest crypto climbed about 3% from overnight lows, while ether ETH$2,957.73 was underperforming, ahead just 1.4%. Altcoin majors including BNB BNB$876.02, XRP$1.9384, SUI$1.5275 showed relative strength, gaining 3% to 6% overnight. Crypto-related equities also rebounded

As debate over digital assets intensifies, a growing bitcoin treasury coalition is mounting a coordinated challenge to MSCI’s controversial index exclusion proposal. Summary Bitcoin for Corporations announces 1000+ signatory coalition Details of MSCI’s proposed digital-asset exclusion rule Strategy pushes back on MSCI’s classification approach Strive warns of threats to index neutrality Market impact and risks

Interest in Bitcoin (BTC) and cryptocurrencies in the US has been increasing exponentially in recent years. While major institutional companies are also reacting to this trend, banks have also joined in the growing interest in cryptocurrencies. Recent analysis at this point has revealed that 14 of the 25 largest banks in the US have developed

Key Takeaways Bitcoin whales accumulated 54,000 BTC worth $4.66 billion in one week. This is the fastest accumulation rate by large holders since 2012. Large Bitcoin holders accumulated 54,000 BTC worth $4.7 billion in the past week, according to on-chain data, marking the fastest accumulation pace since 2012. The buying comes despite Bitcoin’s lack of