Tag Archives: Bitcoin (BTC) Price

There has been growing uncertainty and frustration among cryptocurrency traders following Bitcoin’s steep 10% drop within 24 hours. The sudden decline sparked widespread panic and anger across crypto-focused social media channels and has prompted concerns about a potential repeat of the 2022 bear market, according to Santiment’s latest insight. However, optimism briefly resurfaced over the weekend after US President Donald Trump announced the creation of a US Crypto Strategic...

The crypto market suffered a dramatic crash after what seemed like a short-lived recovery following US President Donald Trump’s strategic crypto reserve announcement. While Bitcoin is down by over 10% on Tuesday, the rest of the crypto market cap has slid below $2.8 trillion. Arthur Hayes, former CEO of BitMEX, argues that Trump’s economic strategy could have a significant impact on Bitcoin and the broader cryptocurrency market. Debt-Fueled Policies Could Ignite a Bitcoin...

Following bitcoin’s euphoric rally on Sunday, the leading crypto asset has returned to levels below the $84,000 range, recording a 10% decline in the last 24 hours. Market experts have attributed this decline to the lack of positive sentiment among United States investors. Ki Young Ju, the founder and CEO of the market analytics platform CryptoQuant, believes the bitcoin market will continue to struggle until sentiment improves among U.S. investors. Bitcoin Market is Slow Ju...

The bull party that started yesterday didn’t last long, as bitcoin and most altcoins erased a massive portion of the gains charted in the past few hours. Naturally, this has triggered a substantial liquidation wave that has taken over 180,000 traders by surprise. The largest-single liquidated order took place on BitMEX and was worth $10 million. BTCUSD. Source: TradingViewIt has been another explosive 24-hour period in the cryptocurrency markets. After a calm that lasted...

There’s no way to sugarcoat what transpired in the cryptocurrency market in the past week. Take bitcoin, for example. It challenged the $100,000 level on February 21 but slumped by over twenty grand in the following week to dump to a three-month low of $78,000 last Friday, February 28. Although it managed to recover some ground and stood above $83,000 when the month ended, it still made it the worst February in over a decade in terms of price performance. Quite the unexpected...

PCE inflation is the core Personal Consumption Expenditures index updated by the US Bureau of Economic Analysis. Financial media outlets often refer to the Bureau of Labor Statistics’ Consumer Price Index (CPI). But, the Federal Reserve favors the PCE for the economic analysis involved in its decision-making process. Inflation in US prices across the core consumer basket rose a modest 0.3% from December to January, just as forecasters expected. Meanwhile, the inflation report...

Bitcoin’s price has been dropping rapidly over the past few days, making investors worried that the bull market is over. However, there is still hope left, as the market is getting supported in a key area. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the asset has been on a steep decline since last week and is yet to recover. Yet, the 200-day moving average, located near the $80K support level, is currently supporting the...

The largest cryptocurrency made the headlines on numerous occasions in December and January by blowing off the $100,000 level and charting new all-time highs. After that, Bitcoin traded in a sideways channel with extreme volatility between $92,000 and $106,000. However, the 75-day rangebound trend ended this week with an abrupt crash to below $80,000. Bitcoin Prices Crash In Trump Dump Even Bitcoin whales are offloading supplies as selling pressure mounted in the final week...

With many uncertainties regarding the state of the cryptocurrency market after last week’s events, the question arises whether there was a particular point in time that could have signaled the beginning of the end. If we assume that this bull market cycle has come to a halt, which is very speculative, to say the least, can it all lead to January 20 – Trump’s inauguration day? Was that the ultimate ‘sell-the-news’ date? Was That the Signal? Financial markets, and especially...

Bitcoin’s price crashed hard in the past week, losing over twenty grand in just days and dropping to the lowest levels since mid-November 2024. Such a substantial price decline naturally brings the question of whether this is just another ‘normal’ dip or whether the bull market has been cut short. End of Bull Market Narrative Who else can lead the ‘end of the bull market’ sentiment other than the permanent BTC bear – Peter Schiff? After all, he uses every opportunity to bash...