Bitcoin is at a crucial juncture because a daily close below the $107,000 support clears the path for a drop to the psychological level of $100,000.
Bitcoin’s design, governance and regulation set it apart from crypto. From supply rules to ETFs, it now sits in a category of its own.
Without Bitcoin ETF holding sustained inflows, Bitcoin could succumb to “demand side fragility,” analysts from Bitfinex warn.
Bitcoin miners have taken on $12.7 billion in debt as they invest in new rigs and AI infrastructure to stay competitive in the global hashrate race.
Crypto analysts predicted Bitcoin could fall to its 50-week moving average before reversing, citing leverage concerns and historical support patterns.
Bitcoin’s biggest holders are moving billions into ETFs like BlackRock’s IBIT, signaling a new phase of institutional adoption.
Industry watchers welcomed the idea of “skinny” master accounts as another sign of the end of crypto’s banking troubles, which insiders described as “Operation Chokepoint 2.0.”
California’s SB 822 ends forced crypto sell-offs and requires holders to send in-kind transfers of unclaimed crypto to the state, promoting stronger consumer rights.
Bitcoin returned to $110,000 after bouncing at the weekend’s CME futures gap, contrasting with 5.5% daily losses and a potential double top for gold.
Bitcoin’s four-day crash has initiated a healthy reset among investors, with momentum limited until long-term holders stop selling their BTC, according to Glassnode.