Crypto markets wrapped up the week with another bruising session, as Bitcoin tumbled below $81,000âits lowest since the dark days of 2022âand nearly $400 billion evaporated from the global value ledger. The selloff is sweeping, pulling even Ethereum and major altcoins into oversold territory,... ... Read full đ´đ Market Analysis: 24-11-00
Crypto market analysts are confident that Bitcoinâs recovery could continue as the cryptocurrency has begun to move higher since its bottom at just above $82,000 on Friday.Tech stocks and crypto markets dumped over the past two weeks âbecause of the market flip-flopping on expectations for a rate cu
Strike CEO Jack Mallers said JPMorgan Chase closed his bank accounts without a proper explanation last month, prompting concerns of debanking of crypto CEOs."Last month, J.P. Morgan Chase threw me out of the bank," Mallers wrote on social media platform X on Sunday. "It was bizarre. My dad has been
Bitcoin remains under pressure after the cryptocurrency hit a seven-month low on Friday. The selloff reflects a combination of broader risk aversion and recent comments from Federal Reserve officials raising doubts over another interest-rate cut in December, Deutsche Bank analysts say in a note. It
Shiba Inu recently recovered from one of its few remaining technical anchors, an incredibly oversold RSI. For the time being, the slide was stopped solely by the indicators scraping levels that typically only show up during capitulation phases, according to the TradingView chart. Becoming oversoldOn
The Coinbase Bitcoin Premium Index has remained negative for 21 consecutive days, the longest streak in the current cycle. Data from Coinglass shows the index has stayed below zero since early November, mirroring Bitcoinâs drop from near $120,000 to around $84,000.This negative premium indicates ong
Bitcoin is showing signs of recovery from the decline that triggered mass liquidations and sell-offs earlier this week.According to The Block's bitcoin price page, the world's largest cryptocurrency is trading at $87,645, up 1.8% in the past 24 hours. On Friday, bitcoin had fallen to around $81,000.
Bitcoinâs encryption and privacy could be at risk from quantum computing, but it is still a good investment for now, says Jan van Eck, CEO of investment manager VanEck.âThere is something else going on within the Bitcoin community that non-crypto people need to know about,â van Eck told CNBC on Satu
U.S. spot bitcoin exchange-traded funds recorded another week of net outflows, extending their streak of negative flows to four straight weeks.The spot bitcoin ETFs saw a combined $1.22 billion in net outflows for the week ended Nov. 21, bringing four-week cumulative outflows to $4.34 billion, accor
Prominent real estate investor Grant Cardone has joined crypto community members calling for a boycott of JPMorgan after the banking giant warned that Strategy could face up to $2.8 billion in outflows if it is removed from MSCI indices.If additional index providers follow MSCI's lead, total withdra
Bitcoin has tumbled more than 30% from its all-time high of $126k and is trading around $85,500 after briefly falling to $82K, according to market reports. Traders warn that recent moves by long-term holders are changing how the market reacts to stress. Liquidity has thinned, and that makes price sw