The cryptocurrency market experienced a sharp downturn today, with the global market cap shedding 6.12%, plunging to $3.36 trillion. A steep increase in trading volume, up 35.28% to $172.39 billion, reflects growing market activity despite volatility. The Fear & Greed Index dropped to 54, signaling a neutral sentiment as traders navigate uncertainty.
KULR Technology predicts Bitcoin could double its value to $200,000 in 2025, driven by increasing global adoption and potential state-backed Bitcoin reserves.
The 2024 bitcoin mining industry reached historic milestones while grappling with significant obstacles, according to an extensive report sponsored by Nicehash and authored by Digital Mining Solutions and Bitcoinminingstock.io. The comprehensive study sheds light on unprecedented network expansion, advancements in hardware efficiency, and major economic transitions.
Recent macroeconomic data raised analysts' concerns regarding persistent inflation and sustained interest rates.
Fidelity Digital Assets released its latest report and with it a bullish forecast for the crypto market, with some game-changers that might take place in 2025.
Kiyosaki purchased more BTC under the belief that the asset could rally 3x from $100K.
After weeks of fluctuating performance, Bitcoin is once again in the spotlight as on-chain data highlights critical trends emerging from Binance, the world's largest cryptocurrency exchange. The latest insight reveals that there has been an interesting move in Binance's Netflow Simple Moving Average (SMA14), a key indicator often associated with shifts in Bitcoin's short-term price direction.
The cryptocurrency market faced a sharp sell-off on January 7, losing $250 billion in value within 24 hours. Bitcoin (BTC), the leading cryptocurrency, dropped to $96,000 from $102,000, marking a significant fall. Here are the key reasons why Bitcoin's (BTC) price drops.
The Bitcoin price dropped hard, close to $96,000, driving the market below its support levels. As BTC price faced a 5.46% plunge, Ethereum price marked an 8.97% drop, trading at $3,348 while XRP & SOL recorded 4.25% & 9.12% loss, respectively.
U.S. spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) recorded a combined $1.1 billion (₩1.45 trillion) in net inflows on Monday, January 7. The surge in institutional investments pushed Bitcoins price above $100,000 for the first time since November 19.
Fidelity warns that avoiding Bitcoin poses greater risks for nations, urging deliberate adoption as 2025 could see increased acceptance. The post Nation States Risk More by Ignoring Bitcoin Than Allocating It: Fidelity appeared first on Cryptonews.
The cryptocurrency market experienced a sharp downturn on Wednesday, with Bitcoin (BTC) falling below the $97K mark, down from $102K. The global crypto market fell by about 6%, now standing at $3.37 trillion. The total crypto market volume over the last 24 hours has surged to $169.2 billion, reflecting a 31.72% increase.
Bitcoin exchange-traded funds (ETFs) in the United States saw a massive surge in inflows as Bitcoin's price surged past the $102,000 mark. According to data from So Value, spot Bitcoin ETFs recorded an impressive $987.06 million in inflows, marking their second consecutive day of strong demand.
Rostin Behnam, the head of the U.S. Commodity Futures Trading Commission (CFTC), is set to step down before the end of January.
Bitcoin and Ethereum ETFs have seen a surge in investor interest, pulling in $1.1 billion in net inflows on January 6, 2025, following a slower start to the year.
Several countries are actively discussing Bitcoin's potential as a national reserve asset.
Bitcoin fell below $97,000 on Tuesday as strong US economic data fueled concerns about delayed Fed policy easing. The post Bitcoin Breaks Below $97K with $530M Liquidated as US Economic Indicators Strengthen appeared first on Cryptonews.
In a recent appearance on CNN Prima News' Partie Terezie Tománková, Governor of the Czech National Bank (CNB) Aleš Michl discussed the institution's monetary stance, its growing gold reserves, and the possibility of investing in Bitcoin.
The U.S. could accumulate up to 400,000 bitcoins in 2025, a move Devere Group predicts could trigger a massive bull run and reshape global markets. Bitcoin Bull Run of Epic Size Incoming? How US Accumulation Could Spark It Nigel Green, CEO of Devere Group, an independent financial advisory firm, is forecasting that the U.S.
Crypto Prices Today: The cryptocurrency market experienced a bloodbath on Wednesday, with Bitcoin (BTC) falling below the 97K level, marking a sharp decline from $102K to $97K. The crash in crypto prices today was attributed to a significant rise in U.S. Treasury yields over the past decade.
Aleš Michl, the governor of the Czech National Bank (ČNB), has revealed that the central bank is considering Bitcoin as part of its reserve diversification strategy. However, he emphasized that there are no immediate plans to purchase cryptocurrencies.
After topping $108,000 in December, Bitcoin has reversed due to a stronger dollar, increased volatility, and cautious traders. Will it last?
A Texas federal court judge ordered Frank Richard Ahlgren III and any associates to hand over any crypto public and private keys, accounts and access codes.
Fidelity Digital Assets research analyst Matt Hogan said not making any Bitcoin allocation could become more of a risk to nations than making one.
Ripple Executives Meet Trump Ahead of SEC Appeal Deadline: Will XRP Weather the Volatility? Explore insights into Ripple's legal and market developments.
Strive Asset Management, co-founded by Vivek Ramaswamy, has taken a bold step in the cryptocurrency space by filing for a Bitcoin Bond Exchange-Traded Fund (ETF) with the U.S. Securities and Exchange Commission (SEC). This new financial product aims to provide indirect exposure to Bitcoin by investing in convertible bonds issued by companies like MicroStrategy, which use the proceeds to purchase Bitcoin.
Bitcoin has surged above the $100K mark, signaling strength and fueling optimism among traders as the market enters 2025. This breakout has bolstered a bullish outlook for BTC in the first quarter, with many anticipating further gains.
Data shows that a Bitcoin indicator has recently formed a pattern that has proved to be quite bullish regarding the cryptocurrency's price. Bitcoin Coinbase Premium Index Has Crossed Above Its 14-Day SMA In a new post on X, the on-chain analytics firm CryptoQuant has discussed a pattern that has recently formed in the Bitcoin Coinbase Premium Index.
Bitcoin price failed to stay above the $100,000 zone. BTC is correcting gains and might struggle to stay above the $96,000 support zone.
Microstrategy's bold bitcoin strategy added $14 billion in shareholder value in 2024, with BTC holdings soaring to 447,470 as corporate adoption accelerates.
Bitcoin's price may not experience significant downward movement in the short term, as sell-offs on crypto exchanges are “shrinking at a rapid pace,” Bitfinex analysts say.
El Salvador purchases more Bitcoin to strengthen its strategic reserve, continuing its bold crypto vision.
If history repeats, the death cross could mark the end of Bitcoin dominance. But which will take the lead—altcoins or memecoins?
Bitcoins transformative journey in 2024 has set the stage for a pivotal year ahead, with institutional adoption, regulatory clarity, and technological innovation driving its evolution as a mainstream asset. As 2025 begins, the crypto community is buzzing with questions about where Bitcoins price and adoption curve will head next.
Bitcoin (BTC) has recently experienced a significant price surge, nearing its all-time high as it continues its volatile trajectory toward the end of 2024. With the cryptocurrency trading at $102,235, Bitcoin has gained 10% in value over the past week, approaching its previous peak of $108,268.
Elon Musk, on Tuesday, predicted a potential drop in prices of cryptocurrencies like Bitcoin (CRYPTO: BTC) and Dogecoin (CRYPTO: DOGE) if dollar inflation is addressed. What Happened: The Tesla and Space X CEO expressed his views on how cryptocurrencies would benefit if inflation and government overspending were curbed “If dollar inflation is solved, the price in dollars to buy cryptocurrency will actually drop, other things being equal,” Musk wrote in an X post.
Bitcoin's price skyrocketed to crazy new highs in 2024, leaving the financial world pretty stunned. It hit $108,000, which is a massive 124% jump for the year.
Bitcoin has finally reclaimed the highly anticipated $100K mark after days of consolidation and lingering negative sentiment. The psychological milestone had been a key resistance level, with many investors and analysts closely monitoring BTC's price action for clues about its next big move.
The Governor of the Czech National Bank (ČNB), Aleš Michl, said the central bank is considering allocating Bitcoin (BTC) to diversify its reserves during a Jan. 6 interview with CNN Prima News. Michl revealed this consideration by the ČNB while discussing the importance of diversifying the bank's holdings among stocks, bonds, gold, and cash deposits.
Bitcoin has soared past the $102,000 mark, marking a significant milestone as U.S. buyers make their presence known again in the market. The recent surge follows strong buyer activity that has triggered a sharp increase in the Coinbase Premium Index, indicating that American investors are back in action, further fueling the cryptocurrency's rally.
The world's largest cryptocurrency may be at risk of a supply shock as demand from United States (US) Spot Bitcoin Exchange Traded Funds (ETFs) has surged far beyond expectations. In December 2024, the volume of BTC acquired through Spot Bitcoin ETFs more than tripled the amount mined during that same month, underscoring the severe imbalance between supply and demand.
With a significant move at the start of the week, Bitcoin has revisited the pivotal $100,000 milestone once again. This move has triggered a wave of fresh optimism among crypto enthusiasts as several key metrics have also seen positive movements alongside the recent upswing.
The governor of the Czech National Bank, Aleš Michl, has expressed interest in Bitcoin as a potential addition to the country's foreign exchange reserves.
The irony of the crypto market is how much it falls when the economy is doing well. On Tuesday, a couple of important economic readings came in better than expected, and Bitcoin (BTC -5.53%) and other cryptocurrencies dropped on the news.
CFTC alleged Gemini provided inaccurate data on Bitcoin price manipulation safeguards, a charge the crypto firm denies.
Arthur Hayes predicts a Bitcoin price peak in March 2025, driven by shifting liquidity conditions and macroeconomic factors, but cautions investors about potential volatility in the first quarter.
The crypto market experienced a sharp decline led by Bitcoin's 5% drop from its $102,000 high, as strong U.S. job data and steady Federal Reserve rate projections dampened hopes for monetary easing, resulting in over $400 million in liquidations across major digital assets.