Bitcoin joins US stocks in what analysis calls a "bearish overreaction" to employment data amid concern over future BTC price lows.
A widely followed crypto strategist believes that a new altcoin that has posted astronomical gains in just a few months looks poised to spark a fresh leg up.
Bitcoin slipped below the $95,000 mark on Thursday, marking a 10% fall in the last three days from the highs of $102,760. The coin has seemed to form a base at around the $91,150 mark – Bitcoin has not closed below this mark since 15th November.
On-chain data suggests the Bitcoin retail investors are losing interest in the asset as their volume has seen a sharp plunge during the last month.
The Bitcoin price has been somewhat quiet since hitting its all-time high of $108,135, struggling to hold a six-figure valuation for long. Case in point — the premier cryptocurrency barely lasted a day above $100,000 before crashing to under $92,000 in the past week.
Crypto traders are scrambling to assess what the latest changes to Fed rate cut expectations mean for the bitcoin price
On Jan. 10, 2009, history was made with the first-ever Bitcoin-related tweet by early Bitcoin pioneer and computer scientist Hal Finney.
Heritage Distilling has adopted Bitcoin for payments and treasury, becoming the first publicly traded distiller to integrate cryptocurrency into its business model.
The cryptocurrency market is on edge today as $2.27 billion worth of Bitcoin (BTC) and Ethereum (ETH) options are set to expire. This substantial expiration, split between Bitcoin's $1.81 billion and Ethereum's $459 million, is likely to trigger significant price fluctuations in the short term.
In a recently published tweet, Jeremie Davinci, an early Bitcoin adopter and cryptocurrency millionaire, has revealed the scenario how BTC can soar to roughly $350,000 without naming any particular time frames for that.
Bitcoin's price was $94,372 on Jan. 11, 2025, with a market cap of $1.86 trillion. Daily trading volume reached $52.92 billion, with intraday fluctuations between $92,275 and $95,798. Bitcoin The daily chart illustrates a prevailing bearish tone after a sharp retreat from a high near $108,364.
Mark Zuckerberg, who famously named his pet goat Bitcoin, was proposed to add Bitcoin to Meta (Facebook) holdings.
The stock market had a wonderful performance last year. That bullish fever trickled to other assets, like gold.
New Hampshire and North Dakota have introduced legislation to establish strategic Bitcoin reserves, marking a growing trend among U.S. states to diversify their treasuries with cryptocurrency. The post New Hampshire and North Dakota Latest U.S. States to Propose Bitcoin Reserves appeared first on Cryptonews.
According to Lookonchain data from Jan. 10, Bitcoin and Ethereum ETFs experienced significant outflows, reflecting cautious investor sentiment.
A widely followed cryptocurrency trader is warning that Bitcoin (BTC) may suddenly collapse if it loses a key support level.
Most alts are in the red once again today.
If BTC defends $88k before or after Trump's inauguration, a strong rebound could be imminent.
North Dakota and New Hampshire have joined the growing list of US states introducing legislation to establish Bitcoin reserves.
Bitcoin could pull back below $80k, while some expect a price reversal.
Bitcoin analyst Willy Woo has given a fair warning to Bitcoin traders that despite bullish market sentiments, they should trade cautiously in the months ahead due to the high possibility of reversal in the near term.
Data shows the Bitcoin Fear & Greed Index has declined to a neutral level recently. Here's what this could imply for the cryptocurrency's price.
The US state of North Dakota has seen a proposal to set up a Bitcoin Reserve. Several US states have shown interest in Bitcoin investments over the past few months.
Bitcoin (BTC) has experienced a notable dip in price, dropping to around $92,000. This decline comes amidst rising market volatility, with short-term holders (STHs) reacting to the downturn by selling their positions at a loss.
TL;DR With the growth of the network and technological evolution, the profitability of mining Bitcoin from home is being questioned more than ever. The high initial expenses for specialized equipment and the high energy consumption, along with the growing difficulty in mining, have reduced profits for small miners.
The US non-farm payroll data (NFP) data showed that the US economy added greater than expected jobs last month in December 2024. This has dwindled the chances of a Fed rate cut coming in March this year, which could further delay the chances of a BTC price rally to $200K this year.
Spot Bitcoin ETFs, a year after their approval, remain the talking point of the town. However, the outflow recorded on the last day of this week is causing worry.
North Dakota has joined the growing list of U.S. states exploring cryptocurrency as a part of its financial strategy, following other state Bitcoin proposals. Lawmakers recently introduced a resolution aimed at including digital assets and precious metals in the state treasury to protect against inflation and economic uncertainties.
The chief investment officer (CIO) of Bitwise Asset Management Matt Hougan is highlighting one catalyst that could have a massive impact on the price of Bitcoin (BTC). In an interview on the Mr.
A Bitcoin mining operation in Thailand was raided for large-scale electricity theft, highlighting energy concerns.
Bitcoin has shown resilience following its recent decline from the $102,000 mark, managing to hold above the crucial $92,000 support level. After days of bearish pressure, BTC is now pushing upward, offering a glimmer of optimism for investors eyeing a potential recovery.
Despite the anticipation of a new year's recovery, Bitcoin (BTC) has experienced a relatively unstable upside performance since the start of the year, leaving many investors questioning its next move. Regardless of the lack of significant momentum, recent insights from analysts have brought attention to key trends and accumulation opportunities for BTC.
The daily description of the five levels of rarity of the NFT collection.
New Hampshire and North Dakota join the list of US states considering Bitcoin reserves.
A new proposal urges Meta to consider Bitcoin a strategic treasury asset. The proposal is submitted by Ethan Peck, a National Center for Public Policy Research shareholder, highlighting Bitcoin's potential to outpace inflation and safeguard corporate finances. This move reflects growing advocacy for Bitcoin adoption among major corporations.
North Dakota State introduced a resolution to invest state funds in digital assets and precious metals.
Bitcoin Spot ETF outflows reached $149 million on January 10.
The Bitcoin price is stuck above $94,000 and this sustained behaviour has paved the way for the altcoins to grow. Interestingly, the trader's attention has shifted from BTC to its forks and as a result, the prices of BitcoinCash (BCH) & Bitcoin SV (BSV) have begun to rise consistently.
The expiry of approximately 19,300 Bitcoin options contracts, totaling a notional value of around $1.8 billion. As crypto markets have been retreating throughout the week, the question on every trader's mind is whether this expiration will push markets even lower or trigger a potential reversal.
While Bitcoin analyst Willy Woo advises caution over the coming months, other crypto analysts are optimistic that Bitcoin has a “high probability of reversal.”
CleanSpark is now the fourth Bitcoin miner to hold more than 10,000 BTC.
XRP advances despite Ripple's legal uncertainty. Calls grow for SEC accountability as allegations of crypto conflicts intensify.
Crypto prices today remained stable as Bitcoin (BTC) traded near $94K and Ethereum (ETH) held steady following the release of U.S. jobs data. The global crypto market cap saw a slight uptick of approximately 1%, reaching $3.29 trillion, despite a 7% dip in trading volume to $144 billion.
North Dakota has joined a growing number of U.S. states considering Bitcoin as part of their financial strategies. On Friday, the North Dakota State Legislature introduced Resolution 3001, which proposes investing select state funds in digital assets and precious metals to mitigate the impact of inflation.
Heritage Distilling, a publicly traded spirits company, announced plans to adopt Bitcoin as a strategic asset and payment method, signaling the growing trend of businesses integrating cryptocurrency into their operations. The Gig Harbor, Washington-based firm, which trades on Nasdaq under the ticker CASK, said on Friday it intends to hold Bitcoin and accept it for payments.
Ethan Peck has submitted a proposal to Meta to establish a Bitcoin treasury to hedge part of its $72 billion cash and short-term equivalents against inflation.
As Trump prepares for his second term, Bitcoin may rely more on pro-crypto sentiment.