Bitcoin dipped below $100,000 as the Coinbase Premium hit a seven-month low, signaling weak US demand. Onchain data hints that short-term holders may be buying the dip.
Bitcoin dipped below $100,000 as the Coinbase Premium hit a seven-month low, signaling weak US demand. Onchain data hints that short-term holders may be buying the dip.
Bitcoin dropped 20% from its all-time high, leaving analysts split on whether a slow recovery or a fresh parabolic price breakout will happen in the next few months.
The Bitcoin education initiative is closing its local operations and rebranding for a global mission, shifting from teaching students in El Salvador to training educators worldwide.
Outflows from Bitcoin ETFs over the last month have been relatively small despite October’s historic market crash that slashed prices by 20%.
Falling hashprice and a decline in Bitcoin’s prices are causing pain in the mining industry that has spread throughout the supply chain.
Santiment said Bitcoin’s retail-whale divide is a flashing warning sign, while other analysts anticipate new highs on a macro rebound.
Many recent Bitcoin sellers are likely expecting a downturn and may be turning to social media to sway sentiment in that direction, according to an analyst.
Bitcoin’s price reaching $250,000 too quickly could lead to a “blow-off top” moment, where investors would scramble to take profits, says a macro analyst.
Dollar-backed stablecoins reinforce U.S. currency dominance while democratizing finance in developing nations, countering China’s debt-trap diplomacy.
Spot Bitcoin ETFs saw $240 million in inflows after six straight days of outflows, signaling a renewed wave of institutional demand for BTC.