Bitcoin continues its downward trend, trading near $96,259 after a sharp 5% drop. The flagship cryptocurrency has faced increasing pressure from strong U.S. economic data, which has dampened investor sentiment. With a 24-hour low of $96,132 and a high of $102,022, Bitcoin's trading volume has also dipped by 23%, reflecting cautious market activity.

Bitcoin's drop from $102K to $96K in a day marks the second shake-up in under a month. Is this the beginning of the end?

Bitcoin surges past $100K, breaking free from S&P 500—analysts hint at a new bull market!

According to data provided by SoSoValue, Bitcoin exchange-traded funds (ETFs) attracted a total of $52.4 million worth of net inflows on Tuesday.

The crypto market is feeling the heat as Bitcoin (BTC) a pioneer cryptocurrency is under increased selling pressure as shifts and due to microeconomic data & shifting sentiment continue to push back the upward momentum. Over the last 24 hours, Bitcoin dropped by nearly 7% after reaching a three-week high.

Spot Bitcoin exchange-traded funds experienced a sharp drop in inflows on Jan. 7 as Bitcoin fell 5%, driven by rising expectations of a more hawkish approach from the Federal Reserve.

On-chain data shows less than 1% of all Bitcoin holders are still in loss following the surge in the asset's price above the $100,000 level. Very Few Bitcoin Addresses Are Sitting Underwater At Current Price In a new post on X, the market intelligence platform IntoTheBlock has discussed about the profit-loss distribution of the Bitcoin userbase after the recovery run that the cryptocurrency has seen.

Data shows the Bitcoin Open Interest has seen a sharp increase alongside the recovery rally that the asset's price has gone through. Bitcoin Open Interest Has Observed A Spike Recently As pointed out by CryptoQuant community analyst Maartunn in a new post on X, the Bitcoin Open Interest has shot up.

Bitcoin fails to rebound after a $5,000 drop in a single day, with a BTC price retest of $88,000 now "highly probable."

Key Points:

Bitcoin's supply is tightening as its price reaches new highs, creating a bullish outlook for the cryptocurrency market, according to Bitfinex Alpha.

Volatility has returned to crypto markets with Bitcoin leading the pack down again as thousands of traders were liquidated.

“History shows these dips often pave the way for bigger bullish movements, especially with where we are in the market cycle now,” one market watcher said, as some foresee a shaky period in January.

Bitcoin drops below $97,200, signaling bearish momentum. Explore key levels, institutional trends, and regulatory developments shaping BTC's outlook. The post Bitcoin Slips Below $97K: Is the Bull Run Losing Steam? appeared first on Cryptonews.

The cryptocurrency market experienced a sharp downturn today, with the global market cap shedding 6.12%, plunging to $3.36 trillion. A steep increase in trading volume, up 35.28% to $172.39 billion, reflects growing market activity despite volatility. The Fear & Greed Index dropped to 54, signaling a neutral sentiment as traders navigate uncertainty.

KULR Technology predicts Bitcoin could double its value to $200,000 in 2025, driven by increasing global adoption and potential state-backed Bitcoin reserves.

The 2024 bitcoin mining industry reached historic milestones while grappling with significant obstacles, according to an extensive report sponsored by Nicehash and authored by Digital Mining Solutions and Bitcoinminingstock.io. The comprehensive study sheds light on unprecedented network expansion, advancements in hardware efficiency, and major economic transitions.

Recent macroeconomic data raised analysts' concerns regarding persistent inflation and sustained interest rates.

Fidelity Digital Assets released its latest report and with it a bullish forecast for the crypto market, with some game-changers that might take place in 2025.

BlackRock's iShares Bitcoin ETF (IBIT) recorded over $597 million in inflow on Tuesday. The BlackRock Bitcoin ETF saves the day for the bleeding crypto market after investors turned cautious with strong US JOLTS job openings and ISM Services PMI data.

Kiyosaki purchased more BTC under the belief that the asset could rally 3x from $100K.

After weeks of fluctuating performance, Bitcoin is once again in the spotlight as on-chain data highlights critical trends emerging from Binance, the world's largest cryptocurrency exchange. The latest insight reveals that there has been an interesting move in Binance's Netflow Simple Moving Average (SMA14), a key indicator often associated with shifts in Bitcoin's short-term price direction.

The cryptocurrency market faced a sharp sell-off on January 7, losing $250 billion in value within 24 hours. Bitcoin (BTC), the leading cryptocurrency, dropped to $96,000 from $102,000, marking a significant fall. Here are the key reasons why Bitcoin's (BTC) price drops.

The Bitcoin price dropped hard, close to $96,000, driving the market below its support levels. As BTC price faced a 5.46% plunge, Ethereum price marked an 8.97% drop, trading at $3,348 while XRP & SOL recorded 4.25% & 9.12% loss, respectively.

U.S. spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) recorded a combined $1.1 billion (₩1.45 trillion) in net inflows on Monday, January 7. The surge in institutional investments pushed Bitcoins price above $100,000 for the first time since November 19.

Fidelity warns that avoiding Bitcoin poses greater risks for nations, urging deliberate adoption as 2025 could see increased acceptance. The post Nation States Risk More by Ignoring Bitcoin Than Allocating It: Fidelity appeared first on Cryptonews.

The cryptocurrency market experienced a sharp downturn on Wednesday, with Bitcoin (BTC) falling below the $97K mark, down from $102K. The global crypto market fell by about 6%, now standing at $3.37 trillion. The total crypto market volume over the last 24 hours has surged to $169.2 billion, reflecting a 31.72% increase.

Bitcoin exchange-traded funds (ETFs) in the United States saw a massive surge in inflows as Bitcoin's price surged past the $102,000 mark. According to data from So Value, spot Bitcoin ETFs recorded an impressive $987.06 million in inflows, marking their second consecutive day of strong demand.

Rostin Behnam, the head of the U.S. Commodity Futures Trading Commission (CFTC), is set to step down before the end of January.

Bitcoin and Ethereum ETFs have seen a surge in investor interest, pulling in $1.1 billion in net inflows on January 6, 2025, following a slower start to the year.

Several countries are actively discussing Bitcoin's potential as a national reserve asset.

Bitcoin fell below $97,000 on Tuesday as strong US economic data fueled concerns about delayed Fed policy easing. The post Bitcoin Breaks Below $97K with $530M Liquidated as US Economic Indicators Strengthen appeared first on Cryptonews.

In a recent appearance on CNN Prima News' Partie Terezie Tománková, Governor of the Czech National Bank (CNB) Aleš Michl discussed the institution's monetary stance, its growing gold reserves, and the possibility of investing in Bitcoin.

The U.S. could accumulate up to 400,000 bitcoins in 2025, a move Devere Group predicts could trigger a massive bull run and reshape global markets. Bitcoin Bull Run of Epic Size Incoming? How US Accumulation Could Spark It Nigel Green, CEO of Devere Group, an independent financial advisory firm, is forecasting that the U.S.

Crypto Prices Today: The cryptocurrency market experienced a bloodbath on Wednesday, with Bitcoin (BTC) falling below the 97K level, marking a sharp decline from $102K to $97K. The crash in crypto prices today was attributed to a significant rise in U.S. Treasury yields over the past decade.

Aleš Michl, the governor of the Czech National Bank (ČNB), has revealed that the central bank is considering Bitcoin as part of its reserve diversification strategy. However, he emphasized that there are no immediate plans to purchase cryptocurrencies.

After topping $108,000 in December, Bitcoin has reversed due to a stronger dollar, increased volatility, and cautious traders. Will it last?

A Texas federal court judge ordered Frank Richard Ahlgren III and any associates to hand over any crypto public and private keys, accounts and access codes.

Fidelity Digital Assets research analyst Matt Hogan said not making any Bitcoin allocation could become more of a risk to nations than making one.

Ripple Executives Meet Trump Ahead of SEC Appeal Deadline: Will XRP Weather the Volatility? Explore insights into Ripple's legal and market developments.

Strive Asset Management, co-founded by Vivek Ramaswamy, has taken a bold step in the cryptocurrency space by filing for a Bitcoin Bond Exchange-Traded Fund (ETF) with the U.S. Securities and Exchange Commission (SEC). This new financial product aims to provide indirect exposure to Bitcoin by investing in convertible bonds issued by companies like MicroStrategy, which use the proceeds to purchase Bitcoin.

Bitcoin has surged above the $100K mark, signaling strength and fueling optimism among traders as the market enters 2025. This breakout has bolstered a bullish outlook for BTC in the first quarter, with many anticipating further gains.

Data shows that a Bitcoin indicator has recently formed a pattern that has proved to be quite bullish regarding the cryptocurrency's price. Bitcoin Coinbase Premium Index Has Crossed Above Its 14-Day SMA In a new post on X, the on-chain analytics firm CryptoQuant has discussed a pattern that has recently formed in the Bitcoin Coinbase Premium Index.

Bitcoin price failed to stay above the $100,000 zone. BTC is correcting gains and might struggle to stay above the $96,000 support zone.

Microstrategy's bold bitcoin strategy added $14 billion in shareholder value in 2024, with BTC holdings soaring to 447,470 as corporate adoption accelerates.

Bitcoin's price may not experience significant downward movement in the short term, as sell-offs on crypto exchanges are “shrinking at a rapid pace,” Bitfinex analysts say.

El Salvador purchases more Bitcoin to strengthen its strategic reserve, continuing its bold crypto vision.

If history repeats, the death cross could mark the end of Bitcoin dominance. But which will take the lead—altcoins or memecoins?