The wake of Bitcoin's recent price surge, many have attributed the increase to various factors, including market sentiment and speculative trading. However, market expert Axel Adler Jr. offers a different perspective, arguing that the primary drivers of Bitcoin's price movement are the fundamental dynamics of supply and demand.

Bitcoin stumbled on Tuesday, casting a shadow over the much-anticipated ‘Uptober.' Around 11 a.m. EDT, prices dipped to an intraday low of $61,801 on Bitstamp. Bitcoin Sinks, $289 Million in Longs Liquidated Across Crypto Markets Over the past 24 hours, bitcoin (BTC) slid 1.8%, and by 12:15 p.m.

10 years ago, Sergej Kotliar set out to help people more easily spend their bitcoin on everyday items, a task that still comes with a number of challenges and that has taught him many lessons.

CME Group has launched its Bitcoin Friday futures, achieving a record volume of 31,498 contracts on the first day of trading.

The rise in stablecoin market cap is providing liquidity that could help fuel a rally in bitcoin and other major cryptocurrencies, analysts said.

Bitcoin is experiencing a significant decline, reigniting investor concerns. After approaching $66,000 last week, its price dropped to $62,501 this Tuesday, representing a decrease of 5.3%.

Back in 2017, legendary investor Jack Bogle infamously cautioned investors to “avoid Bitcoin like the plague”. Roughly seven years later, Vanguard has still ignited the ire of crypto enthusiasts by sticking to the conservative investment principles of its late founder.

Roughly 120,000 traders have been wrecked in the past 24 hours.

The main cryptocurrency, Bitcoin (BTC), finished September up 7.35%, making it the best September on record in its price history, reports Spot on Chain. Building on this, with the power of its AI model, the blockchain service is predicting an uptrend for the last quarter of the year, starting from October, which has become known as "Uptober.

In less than three weeks, three million of the Bitcoins (BTC) in circulation became profitable again. At the same time, this upsurge is far from levels that might trigger "anxiety" in investors, analyst Axel Adler shares.

TL;DR October is historically a bullish month for Bitcoin, with an average increase of 22.9% over the past few years. Although Ethereum also tends to perform well, its average return in October is 5%, although there has been an increase in the purchase of call options.

After closing at a two-year high of 58.41% on September 19, Bitcoin's dominance (BTC.D) has initiated its downward trend, noting a 2% decline. Meanwhile, the combined market capitalization of all altcoins (TOTAL2) has surged, indicating a shift in investor sentiment.

Bitcoin (BTC), the largest cryptocurrency by market capitalization, recently celebrated a remarkable September, achieving a two-month high of $66,560 last Friday. Although it fell short of its all-time peak of $73,700 in March, the strong performance in September has raised expectations for significant gains as the year draws close.

U.S. equities also experienced a sharp sell-off and the price of oil rose after the White House said it was expecting Iran to attack Israel.

As Bitcoin (BTC) continues to take center stage in the crypto space, the leading cryptocurrency recently breached the $65,000 level, a scenario earlier in August this year.

Michael Saylor, a Bitcoin permabull and cofounder of the largest corporate BTC holder, MicroStrategy, has taken to the X social media network (formerly known as Twitter) to deliver a message to the global cryptocurrency community.

Bitcoin price is plunging! The token has lost the crucial support at $64,000, which has raised some suspicion over the next price action. Besides, in the wider perspective, the token remains stuck within a bearish trend and appears to be heading towards the lower target.

The S&P 500 and the Nasdaq also fell on a report that Iran was preparing an imminent missile attack on Israel.

Solana price has been trending higher since September 6, gaining 25% and outperforming Bitcoin and Ethereum. SOL price has increased by 1.8% in the last 24 hours and is trading at $156.

Marathon CEO Fred Thiel thinks that retail investors are giving small competitors too much credit for their AI endeavors. He has a different vision for his company.

Geopolitical tensions continue to drive Bitcoin's volatility, highlighting the cryptocurrency's sensitivity to global conflicts and investor sentiment. The post Bitcoin drops below $62,500 on news of Iran's imminent missile attack on Israel appeared first on Crypto Briefing.

With September now behind us, some surprisingly old bitcoins moved last month—250 BTC from January and February 2009 were spent for the first time in nearly 16 years. Over the course of the month, a total of 4,066.81 BTC from dormant bitcoin addresses, created between 2009 and 2017, were transferred.

Former BitMEX CEO Arthur Hayes sees the current crypto market in a bullish phase, driven primarily by global monetary policy rather than regulatory developments. What Happened: In a recent interview, Hayes emphasized that money printing, not regulation, has been the key factor behind Bitcoin's (CRYPTO: BTC) rise as "the best performing asset in human history.

Gareth Soloway, Chief Market Strategist of Verified Investing.com, recently explained that Bitcoin has been closely following the equity markets. While there's a bit of weakness in both, he finds Bitcoin's decline concerning.

Approximately 200,000 bitcoin have been transferred to OTC desks in the past five months.

This year, Bitcon's September returns recorded a positive 7.29%. Ever since its inception, Bitcoin mostly was in the red during September, but this year is different.

Metaplanet, a Japanese investment firm, has announced the acquisition of an additional 107.913 Bitcoin (BTC) for 1 billion yen, equivalent to approximately $6.6 million. The purchase was made at an average price of 9,266,724 yen, or around $61,932, per Bitcoin, according to a press release issued on Tuesday.

Galaxy founder and CEO Michael Novogratz joins 'Squawk Box' to discuss state of the crypto market, impact of the Fed's interest rate decision on the price of bitcoin, state of the 2024 election, and more.

According to analyst Josh of Crypto World, Bitcoin is currently facing significant resistance and is showing signs of a short-term cool-off from overbought conditions. This cooling off may result in more liquidations soon.

Bitcoin and Ethereum faced price drops as open interest declined. Despite the downturn, exchange flows remain stable.

Bitcoin price slips today, after the latest US PMI data by the S&P Global shows that the US economy contracted last month. According to the data, the US manufacturing PMI came in at around 47, slightly down from the previous month's figure.

Technical analyst DonAlt sees Bitcoin's (CRYPTO: BTC) weekly close as a potential market structure break but warns against overanalyzing specific levels on higher timeframes. What Happened: In the latest podcast update, DonAlt emphasized the importance of consistent methodology when interpreting crypto market structure.

Bitcoin may not be embracing "Uptober" with a bang, but there are plenty of reasons to be bullish on BTC price performance.

BTC dropped to $62,500 today after it was rejected at $64,000.

UK residents may be sitting on billions of dollars in the world's biggest cryptocurrency, according to blockchain technology-based platform CoinPoker.

TL;DR Increased BTC Options Activity: Bitcoin options trading volume is surging as traders anticipate a bullish October, historically a favorable month for BTC. Strategic Positioning: Traders are focusing on BTC options with strike prices above $100,000, influenced by the U.S. Federal Reserve's recent rate cuts.

A top-tier trader known as the "Byzantine General" recently said that Bitcoin does not look bad at all, citing several important positive indicators. His observation is that there appears to be strong demand for Bitcoin on the spot market, as evidenced by the healthy spot premium that it has been showing.

Combining Forex's stability with Bitcoin's volatility offers traders diversified strategies and potential for higher returns in evolving markets. The post Forex and Bitcoin trading: Exploring the best of both worlds appeared first on Crypto Briefing.

NewRays, a crypto mining company, is suing a number of defendants claiming that they made noise legislation to specifically target the firm.

Japan as a global hub for cryptocurrencies?

Bitcoin's third-quarter performance stands at 0.89% after dropping 3.47% on September 30. Many in the crypto space expect a bullish start to October and the fourth quarter.

Ether call options with a $2,800 strike price, set to expire on Oct. 11, have experienced the highest trading volume over the past 24 hours.

Bitcoin (CRYPTO: BTC) mining stocks are a mixed bag right now. With soaring hashrates and dwindling returns, the industry is feeling the squeeze.

A prominent crypto trader predicts Bitcoin (CRYPTO: BTC) to reach $586,500 by 2028, based on a variety of economic factors and market trends. What Happened: Trader Doctor Profit took to his social media account to outline his thesis based on factors such as the M2 money supply, the amount of new liquidity, the current movement of gold and the estimated number of lost bitcoin.

Bitcoin researcher Smithson With has presented a new approach to predicting the crypto's cycle top price using a quantile regression model.

Bitcoin (BTC) has recently seen a decline, dropping below the $65,000 mark after a strong bullish run. As market dynamics shift, many are speculating whether “smart money” investors are behind this latest downturn.

On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) attracted another round of inflows, netting $61.3 million. Meanwhile, the spot ethereum ETFs took a hit, with the nine funds collectively pulling out $822,290 during the trading session. Bitcoin ETFs Pull in Millions, Ethereum Funds Post Losses The spotlight was on bitcoin ETFs, which gathered $61.