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There’s no sugarcoating it— bitcoin is clinging to the cliff’s edge at $91,200, balancing between a crucial support at $89,000 and a failed launch pad near $95,000. With a 24-hour price rollercoaster stretching from $89,189 to $95,418 and a staggering $122.74 billion in trading volume, the crypto king is drawing a crowd, but not exactly … Read more
On the morning of Nov. 18, the altcoin market experienced a steep decline, with the total market capitalization briefly falling to $1.28 trillion, following bitcoin’s plunge below $90,000. AI Bubble Fears Fuel Bearish Sentiment On early Nov. 18, just hours after bitcoin ( BTC) plunged below $90,000 for the first time since April 22, the … Read more
The crypto market cap plunged to $3.15 trillion on Nov. 17, driven by a global market rout intensified by fears of an AI bubble burst, a concern echoed by Alphabet CEO Sundar Pichai. Economist Tracy Shuchart argued the decline was inevitable due to the collapse of BTC’s recent macro narrative. Bitcoin’s Correction and Liquidation Cascade … Read more
Bitcoin continued its downtrend on Monday night, falling under $90K for the first time in seven months as a bearish sentiment gets hold of the crypto market. Even with the recent downturn and the tailwinds the industry is facing, bulls keep being positive. Bitcoin Falls Under $90K as Markets Get Into Panic Mode Bitcoin has … Read more
Over the past seven days, about $450 billion has vanished from the crypto economy as it slid from $3.57 trillion on Nov. 10 to $3.12 trillion by 4 p.m. Eastern time on Monday. Even after a year filled with fresh all-time highs, plenty of tokens are now sitting a cool 25% to 50% beneath the … Read more
“If you’re going to be a bitcoin investor, you need a 4-year time horizon and you need to be prepared to handle the volatility in this market,” said Strategy Chairman Michael Saylor. Bitcoin Struggles, but Saylor Doubles Down At a time when skeptics are projecting gloom and doom over bitcoin’s sinking price, Michael Saylor, Chairman … Read more
Bitcoin slipped under the $93,000 mark Sunday for the first time since May, stamping in a bearish death cross and dragging its losing streak even further into the red. Bitcoin Buckles, Igniting Fresh Waves of Extreme Fear Bitcoin, the world’s largest cryptocurrency, tapped an intraday low of $92,929 before clawing back to $94,625 by 8 … Read more
Bitcoin and ether ETFs experienced significant outflows, resulting in a combined loss of $1.84 billion over the week. Solana ETFs, however, continued their upward momentum, securing another week of inflows despite broad market weakness. Another Red Week for BTC and ETH ETFs as Solana Holds Its Winning Streak Some weeks unfold slowly; others tell the … Read more
Expanding institutional access is setting bitcoin for broad future growth as massive global capital pools gain new entry points, a shift underscored by Bitwise CEO Hunter Horsley that highlights the asset’s potential well past softness. Bitcoin Red Days Dull With Hundreds of Trillions Tracking Allocation Paths, Says Bitwise A broad shift in global markets is … Read more
The privacy coin zcash (ZEC) blasted past the $700 range this weekend, tapping an intraday high of $741 per coin on Bitfinex. Over the past month, ZEC has rocketed 236% against the greenback, giving traders plenty to talk about. Are Privacy Coins Being Crowned the Next Big Thing? Zcash, the zero-knowledge proof-powered privacy coin, has … Read more
