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.
It's been a tough week for ether as the second-largest crypto asset by market cap is down 8.7% against the greenback. Today, priced at $3,273 per ETH with a market capitalization of $394 billion and a 24-hour trading volume of $22.90 billion, ethereum oscillated within an intraday range of $3,192 to $3,322 on Jan.
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.
Under the heavy clouds of declining Funding Rates, Ethereum is clinging to the $3,000 mark. A correction looms, and hope wavers.
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.
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.
With Bitcoin (BTC) showing no signs of a directional bias after the recent crash, there is widespread confusion. While retail investors panic, three major institutions have purchased BTC worth nearly $100 billion in 2024.
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.
Ethereum (ETH) remains steady at the $3,200 support level despite recent market fluctuations. Looking ahead, a crypto expert predicts a bullish trend for ETH in both the short and long term.
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.
Ethereum price has currently drifted into the red zone and the price is slightly trading above the $3200 levels. As of now, Ethereum has sold off by about 25%, and its current price is around $3,300, marking a 20% drop from its cycle high.
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.
In the past week, Ethereum (ETH) has dropped 9.3%, falling from $3,630 on January 3 to $3,235 at the time of writing. While ETH is striving to defend the psychologically significant support level at $3,000, some crypto analysts remain confident that the digital asset's long-term price trajectory is bullish.
Ethereum (ETH) has been swept up in the downturn, shedding nearly 16% of its value this week. However, in a surprising turn, whales—investors holding large amounts of ETH—have been actively accumulating 25,000 ETH, potentially signaling a buying opportunity.
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.
Can ETH bounce back after its recent bout of sell pressure?
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.
Ethereum has undoubtedly been under pressure despite the recent bullish rally in the broader cryptocurrency market as it struggles to make any major upside move. A recent analysis by ShayanBTC, a contributor to the CryptoQuant QuickTake platform, has shed light on key factors impacting Ethereum's performance.