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news-imageNovember 26, 2024

Bitcoin Price Outlook – Bitcoin Continues to See Pressures in Profit Taking

The Bitcoin market continues to see a lot of noisy trading, and perhaps a bit of a profit taking move. At this point, it looks like we could see a bit of a drop, as the markets continue to digest all of those massive gains we have seen recently.
Publisher: FXEmpire
Sentiment: Negative
BTC

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Neutral
cover-imageFinbold
November 26, 2024

The FBI's Silk Road Bitcoin is now worth $6.4 billion

The leading cryptocurrency in the world, Bitcoin (BTC) has made impressive strides when it comes to adoption. Whereas in 2024, BTC is available via exchange-traded funds (ETFs), serves as a store of value and hedge against inflation, and enjoys widespread mainstream popularity, in the last decade, it was quite obscure.

Neutral
cover-imageBenzinga
November 26, 2024

Bitcoin Correction Could Go As Deep As $88,700 But $125,000 Year-End Target Remains In Play, Says Standard Chartered

Bitcoin‘s (CRYPTO: BTC) sharp pullback from its record high just under $100,000 has sparked concern among traders, with Standard Chartered‘s Geoffrey Kendrick attributing the correction to several factors, including a reduction in U.S. Treasury term premium and upcoming options expirations. What Happened: According to Kendrick, the significant reduction in U.S. Treasury term premium following President-elect Donald Trump's Treasury Secretary announcement triggered Bitcoin's decline.

Negative
cover-imageCoinPedia
November 26, 2024

BTC Price Plunging Hard—Has Bitcoin Correction Started?

The previous days turned out to be extremely bearish as the Bitcoin price slumped hard by close to 10% following a rise in the upward pressure. Moreover, the bearish clouds continue to hover over the BTC price rally since the early trading hours as the price continues to steadily descend.

Positive
cover-imageThe Currency Analytics
November 26, 2024

Bitcoin ETFs See $1B Inflows, Closing in on Satoshi Nakamoto's Holdings

Bitcoin ETFs are making waves in the financial market, with an impressive $1 billion in inflows, positioning them as a potential contender for the title of the world's largest Bitcoin holder. As Bitcoin's price surges towards the $100,000 mark, these funds are attracting increasing investor interest, and some believe they could soon surpass the Bitcoin holdings of Satoshi Nakamoto, the cryptocurrency's mysterious creator.

Positive
cover-imageBenzinga
November 26, 2024

Bitcoin Is Being Sold Into A Market With 'Ample Demand' From Institutions, Says Marathon CEO Fred Thiel

Marathon Holdings (NASDAQ:MARA) CEO, Fred Thiel believes Bitcoin (CRYPTO: BTC) will not see the volatility of the past years, citing multiple factors for his hypothesis. What Happened: In an appearance on CNBC's Street Signs show on Monday, Thiel noted that the cryptocurrency's recent momentum stems from increasing institutional interest, favourable political signals and strategic investments rather than traditional factors like the halving.

Negative
cover-imageUToday
November 26, 2024

Bitcoin (BTC) $90,000 in Danger: What's Happening?

Bitcoin has entered a critical phase as its price has fallen precipitously below $92,000 and is in danger of breaking through the $90,000 support level. After a period of steady growth during which Bitcoin almost reached $100,000, there has been a retracement.

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