Bitcoin’s dramatic plunge below the pivotal $100,000 mark has sent shockwaves through the crypto landscape on this volatile Thursday afternoon, erasing historical gains and intensifying the relentless pressure on digital assets. Fueled by concerns over a potential U.S. government shutdown and a... ... Read full 🔴😞 Market Analysis — 7-11-15
By Frances YueThe token's break below $100,000 earlier this week could be a warning of more losses ahead, one analyst saysBitcoin edged higher Friday afternoon, as tech stocks ended off their intraday lows while still logging weekly declines.Bitcoin rose Friday afternoon after the largest cryptocurr
Key takeaways:Bitcoin dropped below $100,000 and could retest its yearly open at $93,500 as its momentum weakens.The Coinbase Premium hit a seven-month low, reflecting strong US spot Bitcoin selling pressure.Short-term holders are accumulating BTC, while long-term holders continue taking profits.Bit
Bitcoin has signaled further midterm weakness. The flagship coin has been retesting a crucial psychological support level around $100,000 and has weakened it every time.Why Is Bitcoin Price Likely to Retest $92k Soon?Failed ‘Uptober’ bullish narrative amid crypto liquidity crunch After Bitcoin pric
Shares of crypto-focused companies have tumbled this week, capping a bruising stretch for the digital asset sector marked by renewed macroeconomic fears and lingering fallout from October’s liquidity crunch and mixed corporate earnings.Coinbase (COIN), Block Inc. (XYZ) and Robinhood (HOOD) have fall
It took less than 12 hours for the market to punish over-leveraged Bitcoin traders again. Roughly $66 million in BTC positions were liquidated overnight, and a staggering 93% of that came from longs. The imbalance between long and short liquidations — 1,342% by CoinGlass liquidation heatmap — highli
Shiba Inu held up in green, trading higher by 1.42% in the last 24 hours to $0.000009152 as the crypto market compounded a negative week with a fresh sell-off on Friday. The crypto market saw fresh selling pressure on Friday amid a stronger dollar and hawkish Federal Reserve tone. Comments out of th
JPMorgan analysts said IREN’s $9.7 billion Microsoft contract marks a major step in its shift from bitcoin mining to AI infrastructure, and projected that its rapid buildout could put pressure on the balance sheet over the next year.In a note to clients on Thursday, the bank raised its December 2026
ZKsync will unlock 173.08 million tokens, about 3.37% of its total supply. When new tokens enter the market, this usually puts downward pressure on price because more tokens could mean more selling. Investors often worry about unlocks, so price might drop before or after the event. However, if deman
Bitcoin slips back below the key $100,000 level amid broad-based risk aversion. Concerns about lofty valuations in AI stocks have contributed to recent falls in U.S. tech shares, weighing on risk appetite. Private-sector data from Challenger, Gray & Christmas on Thursday that showed a sharp rise in
By George GloverBitcoin was sliding again on Friday, extending a recent selloff. Shares in Cash App owner Block were tumbling, too, which is partly because of crypto's rough run.Bitcoin fell 2.3% to $99,882 over the past 24 hours, according to CoinDesk data. It is now trading more than 25% off the r