Tag Archives: btcusd

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...

After eight consecutive days of net outflows, some in an extreme manner, the spot Bitcoin ETFs finally saw some relief on Friday. However, the same cannot be said about the Ethereum counterparties, as they extended their negative streak to seven days in a row. BTC ETFs: The Bad and Minor Good The US-based spot Bitcoin ETFs didn’t enjoy February, which turned out to be the worst month in terms of net outflows since their inception over a year ago. The second part of the month...

Bitcoin’s continuous price slump finally came to a halt after the asset plunged to $78,000, and it has managed to recover about seven grand since then. The altcoins are also well in the green today, with substantial gains from almost all of them. BTC Rebounds $7K It was a violent week, to say the least, for bitcoin and the entire crypto market. The primary digital asset challenged $100,000 the previous Friday but was quickly rejected after the hack against Bybit. The weekend...

As it typically happens when expectations point in one direction, BTC tends to go toward the other. This transpired in February 2025 as many market observers, as well as historical performances, hinted at substantial gains. That didn’t come to fruition, though. Worst February Since ’14 There was a lot of hype for February 2025. Perhaps deservingly so as bitcoin’s price movements since 2013 had been highly bullish within the second month of the year. In fact, only on two...

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...