Bitcoin (BTC), the leading cryptocurrency, is currently trading at approximately $56,785. This represents a 22% decline from its peak price of over $73,000.

Bitcoin's recent price dip has left investors uneasy as the leading cryptocurrency continues its downward trajectory. Following a months-long correction, which has seen Bitcoin lose over 20% of its value, analysts are predicting more trouble ahead.

Liquidity of Ether on US exchanges has plunged as much as 40% since the first spot Ether exchange-traded funds entered the market on July 23, 2024. Related Reading: Cardano Bull Sees ADA Jumping 1,000% In An ‘Insane' Rally That is a move rather expectedly coming for traders and analysts that had previously viewed the ETFs as a means to improve market liquidity and therefore stabilize prices.

Bitcoin fell below $54,000 on September 6, 2024, after cruising earlier in the day to $57,000 following the US nonfarm payrolls. The report showed that the economy added only 142,000 jobs in August, which was much below expectations and threw the crypto market into volatility.

Bitcoin's overall market outlook remains bearish with a sustained decline. Can this change?

Venezuela may soon join El Salvador as one of the few countries adopting Bitcoin as a strategic reserve asset.

The cryptocurrency market has been under pressure recently, with Bitcoin (BTC) trading below $50,000. Many analysts, including influential figures like Bit MEX CEO Arthur Hayes and trader Peter Brandt, have forecasted that the BTC price could drop even further.

Bitcoin (BTC) navigates through a period of heightened volatility, investors are closely watching for signs of a potential rebound in September. The cryptocurrency has experienced significant fluctuations, with its price recently swinging between $55,000 and $65,000.

Bitcoin (BTC) has been making headlines not just for its price volatility, but also for a significant shift in its ownership landscape. More businesses than ever are investing in Bitcoin, now holding over 3% of all BTC in circulation.

Bitcoin (BTC), the world's leading digital asset, experienced a significant price drop this week, further stoking concerns about the market's future direction. As of Friday, September 6, Bitcoin was trading at around $56,786, marking a 4% decline for the week.

The cryptocurrency market has been under intense bearish pressure in recent weeks, with several large-cap assets including Bitcoin (BTC) and Ethereum (ETH) struggling to put in a positive shift. The past week was particularly drab for the two largest cryptocurrencies, as they posted double-digit losses in the last seven-day period.

A whale sold Bitcoin worth millions of dollars, but BTC might still turn bullish soon.

Russia is profiting from BTC-related activities, and people in the United States aren't happy about it.

Maria Corina Machado, head of the political coalition that contests the victory of Nicolas Maduro in Venezuela, has proposed establishing a bitcoin reserve for the country.

The Bitcoin price dropped below $54,000 on September 6 as the flagship crypto experienced a massive wave of sell-offs from traders. This price decline was sparked by developments on the macroeconomic side, which painted a bearish outlook for Bitcoin.

Tether's move to back a synthetic dollar with gold could enhance stability and transparency in the crypto market, especially amid regulatory scrutiny. The post Tether uses gold to back new synthetic dollar as gold is less volatile than Bitcoin, says Paolo Ardoino appeared first on Crypto Briefing.

Ethereum (ETH) experienced a slight downturn on Wednesday, in tandem with a broader cryptocurrency market decline led by Bitcoin (BTC), which fell 7.59% over the past 24 hours to trade at $54,354 at the time of writing.

Monochrome launched a new Spot Ethereum ETF in Australia, while VanEck shut down its Futures-based ETH ETF.

American investment company WisdomTree has requested to withdraw its Ethereum Trust registration statement three years after submission to the US Securities and Exchange Commission (SEC). This development comes a few hours after fellow asset manager VanEck closed down its Ethereum futures ETF citing a lack of demand.

A lack of demand growth is keeping Bitcoin's (BTC) price down, according to the head of research at the digital asset analytics firm CryptoQuant. Julio Moreno notes on the social media platform X that BTC demand is declining and “basically all valuation metrics are in bearish territory.

Smart Whale tracker Lookonchain has reported that a short while ago, Galaxy Digital transferred a hefty amount of Bitcoin to the Coinbase Prime exchange.

A new report suggests that US companies are expected to purchase $10.3 billion worth of Bitcoin over the next 18 months.

Nvidia is hot. But some billionaire investors think Bitcoin could be even hotter.

Bitfinex's BTC long positions hiked, raising questions about a likely local bottom.

Fidelity, a prominent player in the Bitcoin ETF space, has recently moved nearly 4,000 BTC from its custodial wallets. This significant shift follows a series of large-scale outflows from Bitcoin ETFs, reflecting broader trends in the market.

Coinbase added the new native asset of an Ethereum (ETH) layer-2 scaling protocol to its listing roadmap on Friday, putting the token on the potential path to trading on the top US crypto exchange. Zksync (ZK), the newest addition to the listing roadmap, bills itself as “an ever-expanding verifiable blockchain network, secured by math.

Three years ago today, El Salvador made history as the first nation to adopt Bitcoin as legal tender.

Bitcoin's price has been under severe pressure lately, dropping sharply below $54,000 in August. This recent downturn appears to be heavily influenced by institutional sell-offs, widespread concerns across the cryptocurrency market.

Bitcoin's price has dropped 12% since the last halving, with historical price patterns becoming less predictable.

As bitcoin dipped below $55K this week, something quite interesting happened behind the scenes. On Sept. 7, 2024, the network's computational power hit a new lifetime high.

After experiencing a significant price decline of 10% in the past two days, Bitcoin (BTC) is now poised for a price reversal, as shared by a crypto expert.

Bitcoin (BTC) is currently undergoing a notable correction as market fears surrounding the overall economy's health, exacerbated by disappointing jobs data, continue to grow.

September 7, 2021 was one of the most significant days in Bitcoin's history.

Crypto trader Peter Brandt has alerted the crypto community about a possible bearish trend for Bitcoin (CRYPTO: BTC), following his analysis of the cryptocurrency's chart pattern. What Happened: Brandt has said that Bitcoin appears to be forming an inverted expanding triangle pattern on its weekly chart.

The total assets held by Bitcoin funds has fallen to a multi-month low, while Ethereum ETFs log their lowest asset levels yet seen.

ETH's price action has underwhelmed lately. What are institutions upto now?

The price of Ethereum (ETH) has broken through the current support level of $2,300, continuing its range-bound movement.

Alongside many other altcoins, ETH's price continues to struggle, and its future now hinges on some critical support levels. If these key levels fail to hold, ETH could face a prolonged bearish period.

A crypto analyst has revealed that the price of Bitcoin might be gearing for a fresh rally after the appearance of a bullish on-chain signal. Bitcoin UTXOs In Profit At Lowest Level Since 2023 — Here's Why In a QuickTake post on the CryptoQuant platform, an analyst with the pseudonym EgyHash shared an interesting on-chain insight into the Bitcoin price.

Network activity on the Bitcoin (BTC) blockchain seems to have stalled while it is dwindling on Ethereum (ETH), a report by Citi says. Network Activity Lukewarm On Bitcoin And Ethereum One of the key metrics used to ascertain user interest in a blockchain project is the measurement of its network activity.

Ethereum has been notably bearish, marked by a sharp decline following a pullback to the lower boundary of a broken wedge, coupled with the formation of a death cross. Despite this, the price is nearing a crucial support level that could lead to a short-term sideways consolidation.

Today Marks the 3 year anniversary of El Salvador declaring Bitcoin its legal tender. No other nation has shown this level of a gutsy move. El Salvador declared Bitcoin its legal tender on September 7, 2021 and following it, the Central African Republic did the same on April 22, 2022.

Bitcoin teeters on the edge of a major correction, with market volatility and whale activity pushing prices toward $50,000.

A widely followed cryptocurrency analyst and trader is leaning bearish on Bitcoin (BTC) while offering his opinion on two altcoins. Starting with Bitcoin, the analyst pseudonymously known as Sherpa tells his 222,600 followers on the social media platform X that Bitcoin is headed to a price of $45,000, around 20% below the current level.

The price of Bitcoin (BTC) dipped hard on Friday after the U.S. jobs report showed that growth was slightly less than expectations in August. The flagship crypto nosedived below $54,000 to its lowest level since Aug. 5.

Bitcoin ETFs have recorded their smallest outflow in a six-day streak, while Ethereum ETFs continue to experience significant withdrawals. The latest data from Farside Investors reveals critical insights into the current trends affecting these digital asset funds.

ETH was slightly up YTD and 46% for the trailing 12-months Thursday. But it has some big prospects ahead when alt season kicks in on this Bitcoin super cycle.

Ethereum (ETH) is facing significant selling pressure from whales and institutions, signaling a potential major price drop. On September 7, 2024, the overall cryptocurrency market experienced a notable price decline including Bitcoin (BTC) and Ethereum (ETH) resulting in continuous sell-offs by whales and institutions.