Tag Archives: btcusd

Bitcoin’s price plunged below $90,000 immediately after US President Donald Trump announced his planned 25% tariffs on Canada and Mexico. During periods of high volatility, investors tend to liquidate crypto assets first to cut down on their overall financial risk. Amidst increasing concerns of a steeper decline, the latest data depicts a notable shift in Bitcoin whale and shark activity. Investors Dump Millions in BTC According to the data shared by Santiment, wallets...

The Bitcoin Fear & Greed Index has plummeted to 10, its lowest level since June 2022, signaling extreme fear among investors. Despite the panic, experts suggest this could be a prime moment to buy. Sentiment Crashes as BTC Price Falls The index, which measures market sentiment, fell from 49 last week, considered neutral, to 10 today, signifying extreme fear. According to Alternative.me, which publishes the metric, extreme fear is often an indication that investors are...

After several hours of calmness at close to $89,000, bitcoin’s price trajectory took another turn for the worse and the asset plunged to its lowest level since November 11 of under $84,000. Many altcoins have followed suit, including ETH and SOL, but LTC has defied the odds with a double-digit price surge on a daily scale. BTCUSD. Source: TradingViewThe winds have definitely changed in the cryptocurrency market, and the bull run talks have vanished as BTC continues to bleed...

Bitcoin and gold have been on highly disparate price trajectories for the past half-year, which spells trouble for the world’s largest cryptocurrency. The yellow metal has continuously registered fresh peaks and is close to breaking above $3,000/oz for the first time ever – meanwhile, BTC has been stuck below $100,000 for most of February. Gold Runs Wild Experts have outlined numerous reasons behind the precious metal’s ascent in 2025. Perhaps the most probable one is the...

VanEck has predicted that the United States could reduce its national debt by $21 trillion in the next 24 years. The firm’s analysts believe that this could be achieved by creating a one million Bitcoin reserve over the next five years. VanEck’s Estimate According to the asset management company, a U.S. BTC reserve could slash the national debt if the crypto’s price increases to $21 million by 2049. This would represent around 18% of the total U.S. debt at that time. “If the...

The demand for bitcoin on US soil has seemingly disappeared, at least when it comes down to purchases through locally based exchange-traded funds. In fact, data from FarSide shows that February has been a particularly negative month for BTC ETFs, with withdrawals dominating most days. BTC ETFs See Mostly Outflows The launch of the 11 spot Bitcoin ETFs in the States last January was received with open arms by investors as they rushed to transfer their funds out of the...

Bitcoin network activity has fallen to its lowest level in a year as demand for the leading digital asset remains low. A report from the on-chain analytics platform CryptoQuant has revealed that the Bitcoin Network Activity Index, which measures the growth across major metrics like active addresses, number of transactions, and block size, is down 17% from its November 2024 record high. Bitcoin Network Activity in Negative Trend The network activity index is currently at...

Bitcoin’s gradual price increase that lasted a few consecutive days came to an abrupt end on Friday after Bybit suffered a major hack, and BTC tumbled by over four grand in hours. The altcoins were also hit hard, and some of the biggest losers on a daily scale now include LTC, PEPE, AAVE, MNT, ONDO, APT, and TAO. BTC Stopped at $100K The primary cryptocurrency faced some enhanced volatility at the start of the business week as the bears drove it south on Monday to $95,300 and...

As the details around perhaps the largest hack in the cryptocurrency industry continue to unravel, BTC’s price has started to crash once again, falling by over four grand since today’s peak. With the altcoins in a similar state, it’s no wonder that the total value of liquidated positions has skyrocketed to over $600 million on a daily scale. Recall the events that took place earlier today when reports emerged about suspicious transfers made from Bybit’s hot wallets. Later on,...

Altvest Capital Limited has become the first publicly traded company in Africa to adopt Bitcoin as a strategic treasury asset. The company announced its initial investment in Bitcoin (BTC) as part of a broader treasury management strategy, which aims to strengthen financial resilience, preserve shareholder value, and gain direct exposure to the world’s largest crypto asset. Bitcoin as Treasury Asset The company cited Bitcoin’s characteristics as its motive behind the...