Bitcoin experienced a sharp decline, plummeting from $65,000 to $63,300 within a short span. This unexpected drop has caught many investors off guard, especially as bullish sentiments had been gaining momentum.

The outflow has reversed an eight-day trend of consecutive inflows totaling $1.4 billion.

Geopolitical tensions are causing significant volatility in Bitcoin markets, challenging its status as a safe haven asset and impacting investor behavior. The post US Bitcoin ETFs face setbacks as Bitcoin retreats amid rising Middle East conflicts appeared first on Crypto Briefing.

Dogecoin extended losses and traded below $0.1120 against the US Dollar. DOGE is now stable above $0.100 and attempting a rebound.

The biggest of the cryptos took a nosedive as Middle East conflict fears sent investors fleeing risky assets. Bitcoin (BTC) which climbed to $64,000 recently plunged back to $60,000.

Global equities and risk assets such as bitcoin took a hit Tuesday as Iran launched missiles on key Israeli locations, with the latter threatening retaliation in the coming days.

The cryptocurrency prices today have once again sparked a tidal wave of speculation among market watchers globally. Bitcoin (BTC) price waned to the $61K level today, whereas Ethereum (ETH), Solana (SOL), and XRP prices followed with a turbulent action.

Bitcoin prices have tanked following the escalating conflict in the Middle East, but this is nothing new.

Bitcoin dropped to around $60,000 Wednesday following Iran's missile strikes on Israel. The strikes were in retaliation for Israel's killing of militant leaders and its aggression in Lebanon against Hezbollah.

Even as investors attempt to discern the economic impact of flaring tensions in the Middle East, four major tailwinds for Bitcoin stand out.

Cat-themed memecoin Popcat (POPCAT) was the outlier Tuesday, trading in the green amid a broader memecoin meltdown precipitated by fears of war in the Middle East. What happened: The Solana (CRYPTO: SOL)-based coin was up 0.28% as of this writing, becoming the only cryptocurrency among the top 10 biggest meme coins by market capitalization to record gains.

Bitcoin exchange-traded funds (ETFs) have experienced remarkable inflows, totaling over $500 million in just two days. This surge, highlighted by a record-breaking single-day inflow of $494.4 million on Friday, underscores growing institutional interest and confidence in Bitcoin as a viable investment.

Bitcoin is now trading at a crucial level following a 5% dip from its recent local highs of around $66,500. The entire crypto market is experiencing volatility, yet investors remain optimistic about the months ahead.

The question still comes up – is crypto too complex for the ‘average user' to understand? The answer seems straightforward. Bitcoin quickly became a cultural phenomenon – appearing in rap songs and movies – and then was adopted by national governments and major corporations. It is safe to say that the people get it.

Ethereum price is gaining pace below the $2,550 resistance. ETH is now trading above $2,500, but it might struggle to recover above $2,550.

The price of Bitcoin fell around $4,000 after Iran fired around 200 ballistic missiles at Israel, escalating the conflict in the Middle East.

Pantera Capital outlines why Bitcoin embodies the ideal financial inclusion product, emphasizing its borderless, permissionless, and cost-effective features.

The price action since June has been characterized by a series of lower highs and lower lows- a downtrend that is still unbeaten.

A prominent cryptocurrency analyst has recently said that the price of the leading meme-inspired cryptocurrency Dogecoin ($DOGE) could surge over 1,000% to trade at $1.6 in the future as it breaks out of a Falling Wedge pattern.

In a groundbreaking move, cryptocurrency index fund manager Bitwise Asset Management filed for an XRP (CRYPTO: XRP) exchange-traded fund (ETF), a first for the U.S. market. What Happened: Bitwise submitted the ETF filing on Monday to Delaware's Department of State's Division of Corporations.

Bitcoin price started a fresh decline below the $63,500 level. BTC is now consolidating above $60,000 and might face many hurdles on the upside.

BTC price falls as ETF inflow streak breaks; geopolitical tensions and US job data add pressure, raising uncertainty for the crypto market.

Since its March high and subsequent decline, BTC remained within the ‘accumulate' and ‘buy' zones on rainbow chart.

Cleanspark CEO Zach Bradford predicts a dramatic rise in bitcoin's value, forecasting a peak near $200,000 within the next 18 months. His outlook suggests rapid growth followed by stability, driven by bitcoin's current price behavior and broader market dynamics. He also links the U.S.

Bitcoin (BTC) mining companies are experiencing significant challenges as a key measure of profitability has reached its lowest point in recent records. Analysts from JPMorgan Chase, Reginald L.

Bitcoin prices plunged today, dropping to nearly $60,000 after global investors responded to the latest developments signaling rising tensions in the Middle East.

Recently, a CryptoQuant analyst using the pseudonym “datascope” provided insight into the relationship between Bitcoin price and the Long/Short Volume to Open Interest Ratio. According to the analyst, this ratio is a key metric for understanding market behavior and investor sentiment, making it a valuable tool for predicting potential price trends.

The ex-Swan employees at Proton Management said Swan Bitcoin's mining lawsuit is baseless because 2040 Energy operated as a “separate entity.”

The flagship cryptocurrency Bitcoin (BTC) has seen its price rise by more than 8% over the past month, defying its historically poor performance in September and its price rise is seemingly leading to ‘growing confidence in the market'.

Bitcoin has been navigating a phase of consolidation and gradual correction following a strong uptrend, raising concerns among short-term holders. Despite this pullback, many analysts remain optimistic about the cryptocurrency's future, with predictions pointing towards a possible retest of previous all-time highs.

Devcon SEA in Bangkok promises an engaging lineup of speakers and events from November 12-15, 2024, for Ethereum enthusiasts and developers.

Even though there are indications that selling pressure may be increasing, Bitcoin is still rising. September is usually a bearish month for Bitcoin, but after a strong rally in September, the leading cryptocurrency is exhibiting resilience, indicating that bulls are not ready to give up just yet.

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Latest data suggested that Bitcoin might be getting ready for a bull rally soon.

Investors weigh Bitcoin and gold as potential hedges against economic uncertainty amid recent monetary policy shifts from the Federal Reserve and China's economic stimulus measures.

Zhu Guangyao, former deputy Finance Minister of China, called on the government to re-evaluate its approach to Bitcoin and crypto, stressing the need for deeper research into the technology, according to local media reports. Speaking at the 2024 Tsinghua Wudaokou Chief Economist Forum on Sept.

Bitcoin set for higher prices due to rising global liquidity and bullish trends.

The cryptocurrency market experiences fluctuations, a well-known analyst is sounding the alarm for Bitcoin (BTC) bulls. Pseudonymous trader Don Alt, who accurately predicted the 2022 Bitcoin bottom, emphasizes that time is running out for Bitcoin to initiate a new bull run.

With the start of the highly anticipated Uptober here, market experts have been super bullish on the Bitcoin future outlook. In line with this, a crypto analyst has identified a major catalyst that could propel Bitcoin to new all-time highs (ATHs) in the Fourth Quarter (Q4) of 2024.

Bitcoin dips as sentiment spikes, ETFs see inflows, and analysts warn of bearish patterns ahead.

The Bitcoin price can hit a new all-time high (ATH) this Uptober, considering that this month is historically one of its best months. This historical trend indicates that the flagship crypto could rise to as high as $80,000 as it surges past its current ATH of $73,000.

Japanese investment company Metaplanet has made its largest number of Bitcoin purchases to date, following the acquisition of 107.913 BTC for around 1 billion yen (equivalent to $6.9 million), as per an Oct. 1 statement. This marks Metaplanet's eleventh Bitcoin acquisition since its first purchase on April 23, according to data from Bitcoin Treasuries.

On Tuesday, major U.S. stock indices, including the Nasdaq Composite, Dow Jones Industrial Average, Russell 2000, and S&P 500, all closed in negative territory, driven by growing concerns over potential conflict escalation in the Middle East. According to the U.S. State Department, Iran launched nearly 200 ballistic missiles toward Israel.

Spot Bitcoin ETFs are on a bitcoin accumulation rampage.

Bitcoin (BTC) is trading bearishly around the $60,700 mark. This dip follows comments from Federal Reserve Chair Jerome Powell, who indicated that upcoming interest rate cuts may not be as aggressive as anticipated following the recent 50-basis-point reduction.

Ethereum (ETH) navigates the current cryptocurrency landscape, recent trends suggest that bullish momentum may face significant hurdles. With ongoing resistance levels and mixed indicators, investors are left wondering about the future trajectory of Ethereum prices.

Analysts say Bitcoin's prolonged downtrend reset its key price metrics, setting BTC up for a stellar Q4 performance.