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news-imageDecember 20, 2024

Bitcoin's Fall Below $100k Sparks Renewed ‘Buy the Dip' Discussions: Santiment

Even as Bitcoin sinks below $100,000, the cryptocurrency market is buzzing with “buy the dip” sentiment analysis platform Santiment reveals.
Publisher: Blockonomi
Sentiment: Positive
BTC

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Neutral
cover-imageUToday
December 20, 2024

Mystery 666 BTC Transfer Leads to Half Billion Bitcoin Puzzle

While the crypto market continues to wipe out deposits on a large scale and liquidate overly greedy and late traders, large-scale cryptocurrency transfers involving unknown wallets continue to take place in the background. One such attention-grabbing transfer was the transfer of 666 BTC, which at current prices is equivalent to $62.17 million.

Negative
cover-imageCoinPedia
December 20, 2024

Why is Bitcoin Crashing? How Low Could the Price Go?

Bitcoin (BTC), the world's largest cryptocurrency by market capitalization, is garnering significant attention from the crypto community following a continuous price decline. However, there are several speculations regarding this price drop. Some believe it might be linked to the defunct crypto exchange Mt. Gox, while others attribute it to Fed Chair Jerome Powell's anti-crypto stance.

Negative
cover-imageBitcoinist
December 20, 2024

Bitcoin Coinbase Premium Registers Red Plunge: BTC Rally Done?

Data shows the Bitcoin Coinbase Premium Index has plunged into the negative territory alongside the latest asset price downturn. Bitcoin Coinbase Premium Index Is Currently In The Red Zone As explained by an analyst in a CryptoQuant Quicktake post, the Coinbase Premium Index has seen a decline recently.

Neutral
cover-imageBenzinga
December 20, 2024

Are MicroStrategy's Bitcoin Purchases On Hold In January?

MicroStrategy (NASDAQ:MSTR), known for its aggressive Bitcoin (CRYPTO: BTC) acquisition strategy, may temporarily pause its purchases in January due to an alleged blackout period. What Happened: Speculation about the potential halt stems from claims that the company could suspend issuing convertible debt or conducting “at-the-market” (ATM) share sales to fund Bitcoin buys, Protos reported.

Neutral
cover-imageNewsBTC
December 20, 2024

Is The Bitcoin Top In For This Cycle? On-Chain Signals You Need To Know

Bitcoin's price retracement from its new all-time high of $108,353 on Tuesday to around $96,000 (a -11.5% pullback) has ignited intense speculation about whether the current bull cycle is nearing its peak. To address growing uncertainty, Rafael Schultze-Kraft, co-founder of on-chain analytics provider Glassnode, released a thread on X detailing 18 on-chain metrics and models.

Neutral
cover-imageFinbold
December 20, 2024

Will Bitcoin crash below $90k?

For the first time in many weeks, trading on Friday, December 20, raised the question of whether Bitcoin (BTC) will continue soaring like Led Zeppelin or if it will fall like a ‘lead zeppelin.'

Negative
cover-imageInvezz
December 20, 2024

Bitcoin plummets 9% amidst market jitters and Fed's hawkish tone

Bitcoin experienced a sharp sell-off on Friday, plummeting 9% as broader investor caution towards risk assets took hold. The cryptocurrency's dramatic reversal highlights the sensitivity of digital assets to macroeconomic signals and market sentiment, amidst a broader atmosphere of unease across various asset classes. Bitcoin traded at approximately $92,808.07 by 6:57 a.m.

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