Bitcoin has sent the community in shock by nose diving 11.25% in the past 3 days. It lost almost $12,000 from its value and is currently trading at $94,715 and the crypto market faced a $1.10 billion liquidation. This is a great time for bears while long traders are paying hefty prices.

The launch of the spot Bitcoin (BTC -8.50%) exchange-traded funds (ETFs) in January was a landmark event. For good reason, the ETFs are widely seen as one of the primary catalysts behind Bitcoin's triple-digit percentage gains this year.

The US Bitcoin Exchange Traded Funds (ETFs) hit their largest net outflow of $671.9 million. Fidelity's FBTC led the charge with a record $208.5 million outflow, while BlackRock's IBIT stood steady with a $0 net flow.

Yesterday's Federal Reserve meeting resulted in a 25 basis point rate cut and a revised policy indicating fewer cuts than anticipated next year. The announcement triggered a significant market retrace, with Bitcoin leading the downturn.

Hut 8 Mining expands its Bitcoin holdings to over $1 billion with a $100 million acquisition, showcasing its strategic approach to Bitcoin as a reserve asset.

Bitcoin (BTC) plunged below $100,000 following Federal Reserve Chair Jerome Powell's comments on reducing rate cuts in 2025, rattling investors and leading to a massive selloff across asset classes.

XRP maintains steady price action above $2.20 with technical indicators suggesting potential upward movement, while key resistance levels at $2.42 and $2.92 remain in focus.

A widely followed cryptocurrency analyst and trader is saying that an altcoin in the Solana (SOL) ecosystem is at a critical juncture. The analyst pseudonymously known as Sherpa tells his 234,700 followers on the social media platform X that the memecoin Popcat (POPCAT) is at a “do-or-die” level.

BTC's price has tumbled by over $13,000 in a few days - is the bull market over?

Mining company Hut 8 has purchased 990 Bitcoin for $100 million, pushing its total holdings above $1 billion and placing it among the top 10 corporate Bitcoin holders globally.

El Salvador is accelerating its Bitcoin acquisition strategy, even as it scales back specific policies following an agreement with the International Monetary Fund (IMF). On Dec. 20, the country's National Bitcoin Office announced the purchase of 11 BTC for about $1 million.

Solana (SOL) has been something of an early marvel of the 2024 cryptocurrency bull market, as it was one of the first tokens to make substantial moves already late last year.

El Salvador made headlines again with a $1 million Bitcoin purchase days after signing a $1.4 billion financing agreement with the International Monetary Fund. The deal includes new restrictions on the nations cryptocurrency transactions and policies.

Dogecoin fell 12.4% to $0.31 amid increased trading volume and major exchange outflows following Fed Chair Powell's hawkish comments on inflation, while maintaining its position as the seventh-largest cryptocurrency by market capitalization.

The cryptocurrency market is on a tear this year. The total value of all tokens and coins in circulation recently hit an all-time high of $3.8 trillion, marking a significant gain from its bear market low point of $823 billion in 2022.

On Friday, Chinese President Xi Jinping emphasized the need for Macau to prioritize economic diversification as its “first” objective during a three-day visit to the Chinese gambling hub. The trip marked the 25th anniversary of Macau's handover from Portugal, as the city aims to expand its role within China's mainland economic framework.

Solana maintains $210 support level while approaching 67 million daily transactions, demonstrating strong network fundamentals despite recent market volatility following the Federal Reserve's policy announcement.

Dogecoin price has faced a sharp decline, decreasing over 25% in the past two days amid ongoing crypto market corrections. The broader cryptocurrency market entered a bearish state following yesterday's FOMC meeting, with BTC falling below $100K.

Kim Jong Un‘s North Korean hackers have reportedly stolen a staggering $1.3 billion in cryptocurrencies this year. This amount represents more than half of the total $2.2 billion stolen globally, according to research firm Chainalysis.

The exchange-traded funds lost a record $671.9 million as bitcoin extended post-Fed losses below $100,000.

Build on Bitcoin (BOB), a hybrid Layer two (L2) blockchain combining Bitcoin and Ethereum's features, has integrated with Babylon, a bitcoin (BTC) staking protocol, to achieve Bitcoin-Secured Network (BSN) status. Babylon Collaboration Expands BOB's Bitcoin Defi Ecosystem According to BOB's announcement shared with Bitcoin.

An analyst has pointed out how XRP and Solana are among the altcoins that have just observed a Tom Demark (TD) Sequential buy signal on their 4-hour prices. Four Altcoins Are Seeing A Buy Signal On The TD Sequential In a new post on X, analyst Ali Martinez has talked about the TD Sequential signal that four different altcoins have seen on their 4-hour charts.

The crypto market faced a pullback following its recent rally, leading to corrections across altcoins. Meme coins were no exception, though Fartcoin and a few others defied the trend, drawing investor interest due to their unique and absurd appeal.

US Bitcoin ETFs recorded their largest-ever single-day outflow of $680 million on December 19, 2024, led by Fidelity's FBTC with $208.55 million in withdrawals, as investors responded to the Federal Reserve's hawkish outlook on future interest rate cuts.

The crypto market in the last 24 hours has seen 361,972 traders getting liquidated, losing over $1.17 billion. This comes after Bitcoin's price dropped 7%, hitting a low of $95,500 after achieving a historic high of $108,268, it lost about 12% of its value in just three days.

Bitcoin exchange-traded funds recorded their largest single-day outflows of $671.9 million on Dec. 19, contributing to Bitcoins price dip below $97,000. The sell-off triggered over $1 billion in market liquidations and highlighted the crypto markets growing volatility.

XRP maintains bullish market structure above $2.30 despite recent volatility, with technical indicators and upcoming market events supporting potential moves toward higher price targets at $2.62 and $3.28.

Bitcoin's price dropped to $97,000 following the Federal Reserve's surprisingly conservative outlook for future rate cuts, triggering a broader cryptocurrency market decline.

Billy Markus, one of the two founders of the original meme cryptocurrency Dogecoin launched in 2013, has published a post where he commented on the massive price fall faced by Bitcoin, Ethereum, and Dogecoin, along with the rest of the crypto market over the last 24 hours.

Bitcoin price has injected a bearish sentiment in the market with a return to five digits. However, there's good reason to expect a reversal.

Ripples XRP dropped to $2.28 today, reflecting market volatility. Despite this, analysts remain optimistic about a rally toward $3, citing the liquidity boost expected from RLUSD and crucial support levels at $2.17.

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

Over $1.04 billion was liquidated in 24 hours, with long traders losing more than $869.88 million.

Bitcoin ETFs see record $671.9M outflows on Dec. 19, coinciding with Bitcoin's price dip and marketwide liquidations.

El Salvador has reached a preliminary arrangement with the International Monetary Fund (IMF) on a $1.4 billion loan.

The SEC has approved the launch of crypto index ETFs from Hashdex and Franklin Templeton, offering exposure to Bitcoin and Ethereum. They are set to launch in January.

The crypto market took a sudden hit as El Salvador struck a $1.4 billion deal with the IMF. The country agreed to bring some adjustments to its Bitcoin Policy, and this news shook the market. This created waves of bearish momentum causing all major cryptos to plummet while memecoins maintained their course.

The insatiability of crypto investors is one to reckon with. Recently, Bitcoin hit a historic price past $100K following Donald Trump's win in the POTUS race.

The crypto market has reached a significant milestone as the US Securities and Exchange Commission (SEC) approves two groundbreaking exchange-traded funds (ETFs). The Hashdex Nasdaq Crypto Index US ETF and the Franklin Crypto Index ETF offer a unique proposition, blending spot Bitcoin and Ethereum investments into one streamlined package.

Cathie Wood, who is the CEO and chief investment officer of Ark Invest, made a prediction during an interview with Bloomberg, suggesting that Bitcoin will hit a price of $1 million by 2030.

Metaplanet Inc. has raised 9.5 billion yen ($60.6 million) through two tranches of bond issuance aimed at accelerating its Bitcoin purchases. The post Metaplanet Raises 9.5 Billion Yen for Accelerated Bitcoin Purchases Through Bond Issuance appeared first on Cryptonews.

Solana's (SOL) price experienced a sharp 8.03% decline in the last 24 hours, marking the first time it has fallen below the $200 level since early November. This downturn aligns with the broader market slump, which triggered widespread liquidations.

XRP price has dipped to the $2.2 mark recently, amid a selloff noted in the broader market. The investors are appearing to be taking a cautious stance amid the recent pressure, which has fueled discussions among investors over further dip ahead for the crypto.

GLJ Research CEO Gordon Johnson intensified criticism of Bitcoin (CRYPTO: BTC) on Thursday, echoing late Berkshire Hathaway Inc. Vice Chairman Charlie Munger‘s skepticism and targeting major financial institutions for their role in cryptocurrency markets. What Happened: “Bitcoin, as Charlie Munger said, is rat poison,” Johnson wrote on X.

Craig Wright, who falsely claimed to be bitcoin's creator, faces a suspended jail term for contempt after violating a court order and filing a £911 billion lawsuit.

BTC price downside is due to produce new long-term lows before recovering, according to the analyst who predicted the breakout to $95,000.

The Bitcoin (BTC) market is going through a turbulent phase, marked by a notable decline after flirting with $99,000. This correction currently brings its price down to $96,600, raising concerns about a possible continuation of the drop.

Blockstream CEO Adam Back has weighed in on the most recent controversy surrounding Bitcoin and financial titan BlackRock.