Here's why BTC can still rally in the following weeks.

The recent 50 basis-point interest rate cut by the US Federal Reserve has had a mixed impact on crypto markets.

Bitcoin (BTC) experienced continued volatility on Wednesday, hovering around $60,000 for much of the day. At press time, the cryptocurrency was trading at $59,404, reflecting a 2.46% decline over the past 24 hours, which brought its market capitalization to $1.2 trillion.

Bitcoin's price plummeted toward $59K today, wiping off hundreds of millions from the derivatives market.

Bitcoin has fallen below the crucial $60,000 price level. Meanwhile, a crypto analyst highlights that altcoins with strong fundamentals aren't seeing price spikes due to "regulatory hurdles.

According to veteran trader Peter Brandt, Bitcoin needs to avoid a trip below $48,000 to preserve its chances of a six-figure all-time high next year.

The U.S. government is preparing to sell a substantial amount of Bitcoin, specifically 69,370 BTC valued at approximately $4.3 billion. This decision follows a ruling from the Supreme Court, which has cleared the way for the government to proceed with the sale of these assets seized from the infamous Silk Road dark web platform.

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Matt Hougan, the Chief Investment Officer (CIO) of Bitwise has released a new report predicting that the price of Bitcoin (BTC) could skyrocket to $80,000 before the end of the year.

A dormant Bitcoin whale reactivates 10,158 BTC, sparking $37.4B in volume—the highest in seven months.

As the crypto market struggles to shake off the weakness of last week, the latest sentiment data from Santiment shows that token holders and traders are bearish on some of the top altcoins. According to their recent analysis, token holders are bearish the most on Chainlink–a middleware solution that powers DeFi and NFTs, Ethereum, Solana, and Bitcoin.

A hotly awaited HBO documentary, “Money Electric: The Bitcoin Mystery,” promised to shed new light on Satoshi Nakamoto's identity. The film, created by Cullen Hoback, identified former Bitcoin core developer Peter Todd as the premier crypto's elusive inventor.

The documentary presents a series of circumstantial clues, suggesting that Todd could be Bitcoin's elusive creator. Among the evidence cited is a 2010 forum post in which Todd appears to continue thoughts initially laid out by Nakamoto, as well as a chat log in which Todd discusses “sacrificing” Bitcoin—possibly referring to Satoshi's untouched stash of over one million BTC, worth an estimated $65 billion.

Microstrategy (MSTR), a business intelligence firm led by Michael Saylor, has seen its stock soar by an impressive 185% in 2024, greatly outperforming Bitcoin, which has risen by 47% in the same period. This surge not only highlights the growing appeal of Microstrategy's bold cryptocurrency reserve strategy but also signals a shift in how businesses view Bitcoin as a hedge against economic uncertainty.

According to the latest network data, bitcoin's computational power hit an all-time peak today on Oct. 10, 2024, reaching 698 exahash per second (EH/s). This new record surpasses the previous high of 693 EH/s, set on Sept. 8.

drop in price below the symbolic level of 50,000 dollars. This worrying outlook can be explained by evolving liquidity conditions and concerning technical signals.

Analysts are meticulously observing the forthcoming US presidential election, especially about its possible influence on Bitcoin. Recent analyses from Bernstein underscore a significant divergence in Bitcoin's prospects contingent upon the electoral victory of either Donald Trump or Kamala Harris.

As the U.S. government prepared to sell seized Bitcoin, the cryptocurrency's price dropped 1.81% to $61,010.

South Korea's Financial Services Commission (FSC) is deliberating revising its stance on spot Bitcoin ETFs (exchange-traded funds), handing over the consideration to a crypto advisory committee.

Bitcoin's presence in traditional financial markets continues to grow, with Exchange-Traded Funds (ETFs) now controlling a substantial portion of the cryptocurrency's total supply. According to recent data, Bitcoin ETFs currently hold 925,266 BTC, which amounts to nearly 5% of the total circulating supply.

Consumer prices in the US rose by 2.4% in September, above market expectations but still in a negative trend compared to the past few years.

Although the Bitcoin price faces challenges in breaking out significantly from its support level of $60,000, recent on-chain data reveals a fascinating shift in sentiment among Bitcoin enthusiasts. Despite the ongoing price corrections, it appears that long-term holders remain undeterred.

The Blockstream founder was favored as the most likely figure to be revealed as Satoshi Nakamoto in the HBO documentary by Polymarket users.

Today, the South Korean Financial Services Commission (FSC) announced that it might review the approval of Bitcoin and other digital assets spot ETFs.

SEC Chairman Gary Gensler, known for his stance that most cryptocurrencies apart from Bitcoin are securities, recently shared his views on Bitcoin and the broader crypto market.

Earlier today, the U.S. Bureau of Labor Statistics reported that the annual inflation rate had increased to 2.4%, exceeding analysts' expectations.

American businessman and MicroStrategy CEO Michael Saylor, known for his radically bullish stance on major cryptocurrency Bitcoin (BTC), has unleashed an epic new post on his social media accounts. It should be noted that Saylor regularly shakes up the information field with his viral, unconventional statements on Bitcoin, often accompanied by some nonstandard image.

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The Solana price has suffered along with the rest of the market today, falling by 2% in the past 24 hours as prices fall by 3% on average.

Anthony Pompliano, the Bitcoin (CRYPTO: BTC) bull and co-founder of Morgan Creek Digital, faced a turning point in 2022 when his cryptocurrency predictions failed to materialize as he had hoped. Known for his bold statements, Pompliano, who is a keynote speaker at Benzinga's Future of Digital Assets event on Nov. 19, had previously forecasted Bitcoin reaching $100,000 within 2.5 years when it was sitting around $12,000 in June 2019.

The crypto market has been seeing encouraging signs in October, with stablecoin liquidity surging and large Bitcoin transactions hinting at a possible price increase.

As bitcoin continues to gain traction as a financial asset, its role in reshaping traditional mortgages could mark a significant advancement for homeownership and the American Dream.

The Bitcoin (BTC) price is consolidating just below $61,000 in wake of the release of a slightly hotter-than-expected US CPI inflation report for September.

Bitcoin (BTC), the world's largest cryptocurrency by market capitalization, has recently faced a sharp decline in its price, plummeting by 10% over the past week. This downturn has raised significant concerns among investors and market analysts alike, as geopolitical tensions and a wave of sell-offs create a landscape of uncertainty.

Bitcoin arguably stands to benefit from macro data upheaval as US CPI and jobless data diverges in a "nightmare" for the Federal Reserve.

Yes, hyperbitcoinization is happening. Yes, there will be a messy period of complete crypto degeneracy before that.

Billy Markus clarified that Peter Todd is an "OG core dev" but not the creator of Bitcoin.

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Bitcoin's consolidation around $60,000 has investors sidelined, with a new price range needed to spark activity, according to an analyst.

Software developer Peter Todd has emphatically stated that he is not Satoshi Nakamoto, the enigmatic figure behind Bitcoin, in a recent interview with Bloomberg. This assertion comes in response to the HBO documentary Money Electric: The Bitcoin Mystery, which suggests Todd may be linked to Nakamoto through circumstantial evidence.

BlackRock has spoken very well about the crypto Bitcoin and its potential against inflation for the personal portfolio.

Bitcoin (BTC) has had a turbulent relationship with major financial institutions over the years, with many dismissing the cryptocurrency altogether for years.

The Korean Financial Services Commission, a local finance regulator, forms a special virtual asset committee that might create the legal framework for a Bitcoin Spot ETF launch in the country. Ki Young Ju, CEO and cofounder of CryptoQuant, explains why this is bullish for the first cryptocurrency - and what is next for "Kimchi Premium" indicator for the BTC price.

Bitcoin's rejection at $66K and the break below the 200-day moving average suggest that bearish sentiment is gaining strength. If the price fails to hold the $60K support, the likelihood of a mid-term decline toward the $52K-$55K zone increases.

The Bitcoin market bounced a bit in the early part of the Thursday session. After all, the $60,000 level has offered buying pressures again, as the large, round, psychologically important figures tend to do.

While the identity of Satoshi Nakamoto is still more or less unknown, it is believed that Nakamoto owns billions of dollars' worth of Bitcoin.

On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) faced another tough day, with the 12 funds seeing outflows totaling $30.59 million. In contrast, their spot ethereum ETF counterparts had an uneventful day, with all nine funds neither gaining nor losing value. Wednesday's Spot Crypto ETF Action On Oct. 9, the 12 U.S.