In his latest video published on December 21, crypto analyst Rekt Capital tried to answer the question “What's The Worst Case Scenario For Bitcoin Right Now?”. After reaching a new all-time high at $108,374 on December 17, the BTC price is down more than -11%.

Bitcoin experienced its first major weekly decline since Trump's election victory, falling 10% to $94,645 amid Federal Reserve policy shifts and technical weakness, though major firms maintain bullish long-term outlooks for 2025.

On December 23, pseudonymous analyst Marty Marty shared an analysis of the U.S. Dollar Index (DXY), highlighting its potential impact on financial markets, including cryptocurrencies. The DXY, which measures the strength of the U.S. dollar against a basket of major currencies, currently stands at 107.84.

Japanese investment firm Metaplanet made its largest Bitcoin purchase of 619.7 BTC worth $60 million, bringing its total holdings to 1,762 BTC valued at $168 million

XRP experiences price volatility and whale accumulation while trading at $2.20, as Ripple announces political contributions and launches new stablecoin.

MicroStrategy, a leader in institutional Bitcoin acquisition, has recently reached a historic milestone by surpassing the purchase volumes recorded during the 2021 bull market. These moves reflect a bold strategy and an unwavering commitment to the flagship cryptocurrency.

Bitcoin (BTC) and other cryptocurrencies suffered a bloodbath over the weekend as markets dropped significantly. In just over 24 hours, BTC dropped from around $108,000 to its current level of $95,000, as the Fed's announcement about reducing rate cuts in 2025 hit the market hard.

The bank will offer Bitcoin and crypto investment services to its 35 million customers. This move follows official approval from the French financial regulator, Autorité des Marchés Financiers (AMF).

Bitcoin price has recently broken below a long-time ascending channel and the Trump-fueled rally needs fresh impetus to sustain gains.

Cardano founder Charles Hoskinson recently praised Ripple CTO David Schwartz, commending his leadership and Ripple's resilience amid ongoing challenges.

With Bitcoin's sudden downturn marking a bearish week for the crypto market, a recap highlights the top performers and biggest losers. Examining various aspects of Bitcoin and altcoins, here's an outlook on how Bitcoin could still reclaim the $100K milestone.

Rich Dad Poor Dad author Robert Kiyosaki has issued a stark warning while hinting towards an economic depression ahead. In a recent X post, the renowned author said that the global market crash has already started, as he predicted earlier, which indicates that the financial market might enter a “depression” phase.

Ever since the BTC price triggered a massive breakout to the ATH, the markets have become highly optimistic about the next price action. The upper targets were elevated beyond $110K to $115K ahead of the yearly close.

Bitcoin traders rapidly adjust their short-term BTC price outlook as support fails and BTC/USD heads further below $100,000.

The Tokyo-listed firm said today it purchased an additional 619.7 BTC after it raised almost $61 million through bond issuance last week.

Japan's Metaplanet announced the purchase of an additional 619.70 BTC on Monday, capitalising on the Bitcoin dip to the $95,000 level. The total estimated cost of the deal was around $60 million (around £47 million). As per a statement by the company, the average price for the purchase was around $96,000.

A veteran of the Bitcoin ecosystem says that BTC is moving into a phase where extreme price impulses to the upside will become normalized.

The XRP price has continued its steep correction into the past 24 hours, with it currently hovering around the $2.2 price level. Nonetheless, analysts are still concerned about the possibility of the XRP price reaching new highs sooner than later, with some giving projections into the two-digit threshold at $10 and beyond.

The cryptocurrency landscape is undergoing a significant transformation as institutional demand for Bitcoin (BTC) surges. One of the most notable trends in the market is the growing role of spot Bitcoin Exchange-Traded Funds (ETFs), which now absorb more Bitcoin than miners can produce.

BTC saw its worst week since Trump's victory in early November.

Tokyo-listed Metaplanet has purchased another 9.5 billion yen ($60.6 million) worth of Bitcoin, pushing its holdings to 1,761.98 BTC. Metaplanet, a publicly traded Japanese company, has acquired 619.

BTC may remain on the defensive for some time, presenting a "buy the dip" opportunity to investors, according to Bitwise's Andre Dragosch.

The Bitcoin market pullback has deepened, with the asset extending losses over the weekend and into this week.

Japan's MicroStrategy Metaplanet announced the purchase of an additional 617 BTC on Monday, buying the Bitcoin dips to $95,000 levels. It further reported that the company has generated a massive 309% yield on its Bitcoin holdings during the fourth quarter.

Metaplanet has made its largest Bitcoin purchase to date, acquiring nearly 620 BTC as the cryptocurrency trades below $100,000. The post Metaplanet Makes Record 620 BTC Purchase Amid Price Dip Under $100K appeared first on Cryptonews.

Even though Bitcoin managed to record impressive gains in 2024, it is not the best-performing commodity of the year.

Bitcoin's social sentiment has dropped to its lowest point of 2024, with the ratio of positive to negative comments falling to 4:5.

Key Points:

Bitcoin's 15% correction during the third week of December marked its largest weekly price drop since August. Experts attribute the decline to the impact of global macroeconomic factors, warning that Bitcoin could see further downside if these pressures intensify.

MicroStrategy has set new records with its Bitcoin acquisitions in November 2024, surpassing previous highs from the 2021 bull market.

The cryptocurrency market faced another day of bearish pressure, with Bitcoin (BTC) hovering around the $95,000 mark. The global crypto market cap dipped nearly 2% to settle at $3.27 trillion, while trading volumes shrank by 15% to $138 billion.

Japanese investment firm Metaplanet has purchased $60 million worth of Bitcoin, the largest single BTC buy it has made since it started acquiring the cryptocurrency in May.

Key Points:

Ripple has pledged $5 million in XRP to President-elect Donald Trump's inauguration fund. Ripple's CEO, Brad Garlinghouse, has already had a private meeting with President Trump, which caused a major movement in the market, especially for the XRP price.

Tokyo-based Metaplanet Inc. purchased additional Bitcoin, continuing Bitcoin Treasury Operations. The company bought 619.70 Bitcoins at an average price of 15,330,073 yen a piece and paid a total of 9.5 billion yen.

Bitcoin is now down around 11% after reaching its all-time high price of $108,135 on Dec. 17.

Ripple's XRP is currently trading in red and is trading below the $2.25 mark. Majority of the top 10 coins are trading in red, including Bitcoin. XRP continues to trade sideways as it remains in a consolidation phase. This range-bound movement is expected to exist as the market works through a correction.

XRP price started a fresh decline from the $2.38 zone. The price is consolidating and might struggle to start a fresh increase above the $2.30 resistance zone.

Bitcoin Cash community member and self-described “freedom maximalist” minisatoshi has released a detailed trajectory of Bitcoin, tracing it's path as P2P permissionless cash from 2009 to the present.

Metaplanet, a Japanese investment firm, has made another major addition to its Bitcoin holdings, purchasing 619.70 BTC for 9.5 billion yen (Approximately $60.70 Million) . Following this acquisition, the company's total Bitcoin holdings have now reached 1,761.98 BTC. The average purchase price for the latest transaction was 15,330,073 yen per Bitcoin.

Spot Bitcoin ETFs recorded $423.6 million in inflows this week, doubling miner production.

The cryptocurrency market today continued to show bearish momentum, with Bitcoin (BTC) falling below $95,000. The global crypto market dropped by approximately 2% to $3.27 trillion, while trading volume decreased by 15%, now at $138 billion.

A Bitcoin reserve proposed by Senator Cynthia Lummis could slash US national debt by 35% by 2049, predicts VanEck. The firm forecasts Bitcoin could grow 25% annually, reaching $42.3 million and representing 18% of global financial assets by then.

Bitcoin bull Michael Saylor has pitched a US crypto framework, saying a strategic digital asset policy can strengthen the dollar and neutralize the country's national debt.

One of the architects of El Salvador's state-run Chivo crypto wallet has claimed the government should shut the app down. The post Chivo Architect Says It's Time to Shut Down El Salvador Bitcoin Wallet appeared first on Cryptonews.

VanEck suggests the U.S. could reduce its national debt by 35% by 2050 through a Strategic Bitcoin Reserve.

Bitcoin price extended losses and traded below the $100,000 zone. BTC is showing bearish signs and might continue to move down toward the $91,200 support zone.