Bitcoin drops below $60k amid fresh sell-off pressure

Bitcoin (BTC) price fell more than 5% to drop below the $60,000 threshold. The declines came after news that Mt. Gox will start repaying its creditors in July, with potential $9 billion sell-off pressure incoming.

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Bitcoin Whales Cashing Out? Ethereum’s Network Expands as Analysts Highlight BTC’s Price Trajectory

Data from Santiment, a crypto behaviour analytics firm, reveals a drop in the number of non-empty wallets over the past three days. Unlike the previous dip before the March 14th all-time high, traders seem to be liquidating their holdings, fearing further price declines.

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Fed holds rates steady: Bitcoin market reacts with a...

Fed keeps rates steady, drawing criticism from analysts. Bitcoin price sees declines but BTC ETFs show inflows.  Meeting expectations and aligning with 0.6% projections probability from theThe post Fed holds rates steady: Bitcoin market reacts with a... appeared first on AMBCrypto.

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Bitcoin miners sell BTC worth $83M - Price to fall below $67k now?

Bitcoin miners sold over $83 million in BTC recently. BTC has dropped to the $67,000 price level. Bitcoin [BTC] has experienced declines over the past few days, with the most notable drop ocThe post Bitcoin miners sell BTC worth $83M - Price to fall below $67k now? appeared first on AMBCrypto.

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BTC price shoots up $1.5K in seconds as US CPI shows inflation slowing

Bitcoin comes charging back after a single U.S. macro data print reverses days of BTC price declines.

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Bitcoin Set for Further Decline As Bearish Sentiment Intensifies

Bitcoin (BTC), the leading cryptocurrency by market capitalization, appears to be heading for further declines as market sentiment turns increasingly bearish. Recent analysis shows that BTC is struggling to maintain key support levels, and the overall mood among traders and investors is shifting towards caution.

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Market turmoil, spot BTC ETFs see consecutive inflows, political maneuvers, Money 20/20 | Weekly Recap

Today's edition of the weekly recap covers a range of significant events: the crypto market faces sharp declines; Bitcoin and Ethereum ETFs experience notable activity; regulatory actions intensify globally; major expansion efforts highlight the sector's growth ambitions; and key insights from the Money 20/20 conference.

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Bitcoin miner Core Scientific declines $1b buyout offer

Core Scientific Inc., a significant player in the Bitcoin (BTC) mining industry, has rejected CoreWeave's acquisition bid.

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Miners continue reporting declines in Bitcoin production following halving

Stronghold Digital Mining reported a 47. 1% decline in its monthly Bitcoin mining output in May. The firm mined 82 BTC during the first full month following the halving, compared to 155 BTC in April.

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Bitcoin dominance tops 50% amidst market volatility: What's next?

BTC remained the most dominant asset despite recent declines. BTC rose above the $61,000 price range. Bitcoin [BTC] prices have been fluctuating, moving in and out of the red zone, highlightThe post Bitcoin dominance tops 50% amidst market volatility: What's next? appeared first on AMBCrypto.

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These Indicators Show Why Bitcoin (BTC) Price and Crypto Market Are Down

The cryptocurrency market has been struggling lately, with Bitcoin, Ethereum, and many other major, mid-cap, and low-cap currencies experiencing declines or only minor gains. This downturn can be attributed to several factors, including negative sentiment towards the top cryptocurrencies and low trading volumes across the board.

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Bitcoin Accumulation: You Won’t Believe How Much BTC Holders Have Bought Since The Crash

Bitcoin holders have again reaffirmed their faith in the flagship crypto despite its recent price declines. This follows recent data showing that Bitcoin accumulation addresses recorded a new all-time high (ATH) amidst the current market downward trend.

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Bitcoin (BTC) Dips Below $67,000, Triggers $500 Million in Liquidations

Bitcoin's sharp drop sparks over $500 million in liquidations. Crypto analyst warns of potential further declines and a broader market correction. The post Bitcoin (BTC) Dips Below $67,000, Triggers $500 Million in Liquidations appeared first on BeInCrypto.

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Bitcoin's Crash Isn't Over, Says JP Morgan

Analysts at JP Morgan, a leading US financial institution, have expressed their view that the cryptocurrency Bitcoin (BTC) still has room for further price declines. This assessment comes after BitcoiThe post Bitcoin's Crash Isn't Over, Says JP Morgan appeared first on AMBCrypto.

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BTC eyes bounce to $70k after declines: What’s the outlook for Bitbot?

BTC price dropped sharply after reaching new ATH above $73k Analysts say Bitcoin remains bullish; a bounce could help Bitbot price. Bitbot is currently in presale but is creating waves as the world’s first non-custodial Telegram trading bot.

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BTC whale activity declines amid extremely greedy market conditions

The daily Bitcoin (BTC) whale activity has declined while the market weathers extremely greedy sentiment. According to data provided by Santiment, the number of whale transactions consisting of at least $100,000 worth of BTC declined by 17.5% in the past…

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Bitcoin declines following crypto’s ominous sidelining during Super Bowl LVIII

Bitcoin (BTC) has slightly declined after the annual league championship game of the National Football League, known as the Super Bowl features no crypto ads. BTC is down by 0.7% in the past 24 hours and is trading at the…

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Bitcoin: Why HODLing is your best bet right now

Bitcoin long-term holders have held their supply at a profit. BTC has held above $43,000 despite declines. As the price of Bitcoin [BTC] seeks stability, certain holders have remained steadfThe post Bitcoin: Why HODLing is your best bet right now appeared first on AMBCrypto.

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Bitcoin's post-ETF prices spark discussions, yet accumulation persists

Accumulation of Bitcoin continued despite price declines. BTC has kept on with its decline for the third consecutive day. The period leading up to and following the approval of the spot BitcThe post Bitcoin's post-ETF prices spark discussions, yet accumulation persists appeared first on AMBCrypto.

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Ongoing Bitcoin Declines ‘One of The Most Aggressive,’ Harsher Dips Expected as BTC Targets This Price

Crypto analyst CryptoCon_ recently posted on X that Bitcoin is currently experiencing one of its most aggressive declines yet. According to CryptoCon_, the 200 SMA Wave indicator is calling for Bitcoin to return to the top of the wave to retest the key moving average level around $28,000.

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Bitcoin: Traders turn to profit-taking as price declines and that means...

Bitcoin holders indulged in profit-taking as prices tanked. The number of short positions taken against BTC also increased. Even though Bitcoin [BTC] witnessed a price correction earlier thiThe post Bitcoin: Traders turn to profit-taking as price declines and that means... appeared first on AMBCrypto.

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Bitcoin Mining Firm Canaan Sees 74.8% Decline in Profit for Third Quarter as BTC Price Declines

Chinese ASIC-maker Canaan Creative announced a 74.8% drop in gross profit for the third quarter as Bitcoin prices pressure profitability. The post Bitcoin Mining Firm Canaan Sees 74.8% Decline in Profit for Third Quarter as BTC Price Declines appeared first on BeInCrypto.

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Bitcoin prepares for CPI showdown as BTC price dips below $19K cost basis

BTC price performance declines in line with U.S. equities ahead of classic volatility engendered by CPI data.

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First Mover Americas: Ether Declines 7% Post-Merge and Makes Ether Futures More Sensitive to Staking Yields

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 16, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Bitcoin Data Suggests OTC Transfers Have Been More Active Recently

On-chain data suggests Bitcoin OTC transactions have been active recently, while exchange transfers have gone down. Bitcoin Fund Flow Ratio Declines, While Tokens Transferred Go Up As pointed out by an analyst in a CryptoQuant post, there are signs that over-the-counter (OTC) deals might be going up in the BTC market. The first indicator of […]

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Market Wrap: Bitcoin's Price Retraces Again, Breaks Below Trendline

Bitcoin declines for third consecutive day, on below average volume. Bitcoin (BTC) declined 1% on Tuesday, marking the second consecutive day of declines for the largest cryptocurrency by market capitalization.

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Crypto market recovery will be slow, says execs

Bitcoin (BTC/USD) has reclaimed the zone around $23,000, which looks like developing into a key support level with price above the 200-week moving average.   However, like Ethereum (ETH/USD) and many top cryptocurrencies, ranged movement still means potential declines to support levels – $20,000 for instance, remains a psychological buffer zone for BTC.

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Market Wrap: Bitcoin Declines Further as Momentum Wanes

BTC is approaching support at about $20.5K; options markets implies concerns of additional declines in price.

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Bitcoin Back Above $20K as Analysts Debate Whether It's Good Time to Buy

It's still to be seen whether BTC will experience price declines similar to 2013 and 2017.

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Public Bitcoin Miners Struggle To Keep Up With Difficulty As BTC Production Declines

The recent decline in the price of bitcoin is not the only thing that those in the space have had to deal with. It has spilled into other important aspects of the community such as mining. Public and private miners have been having a hard run of it lately with their cash flow plummeting due […]

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BTC price rejects at $23K as US dollar declines from fresh 20-year highs

The Fed rate hike does not offer much relief as a downtrend in stocks resumes, dragging Bitcoin with it.

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Bitcoin MVRV Ratio Declines, But Not Near Bottom Zone Yet

Data shows the Bitcoin MVRV ratio has gone down recently, but the metric’s value is still above the historic bottom zone. Bitcoin MVRV Ratio Observes Decrease, But Value Still Greater Than 1 As explained by an analyst in a CryptoQuant post, BTC may still have room for further decline before the bottom is in. The […]

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Terra 2.0 (LUNA) Price Declines by 14% Amid Bearish Momentum for Crypto Markets

Bitcoin and Ethereum are again showing bearish momentum as BTC and ETH have lost 5% in the past 24 hours. Terra 2. 0 (LUNA) is also down over 14%, currently trading at $4. 31, dipping below $1 billion market capitalization with a current valuation of $912 million.

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Market Wrap: Bitcoin Declines, Resisting Seasonal Norm; Altcoins Mixed

Bitcoin (BTC) declined alongside other cryptos and stocks on Wednesday. Meanwhile, WAVES rallied by as much as 20% over the past 24 hours. The historical odds of positive monthly BTC returns diminish until Q4.

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Market Wrap: Bitcoin Dips, Stocks Plummet as Volatility Spikes

Bitcoin (BTC)dipped below $30K again as volatility ticked higher. Meanwhile, option traders continue to hedge against further price declines.

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Terra UST Declines 88% in 5 Weeks as LUNA Foundation Liquidates Entire $BTC Holdings

Embattled cryptocurrency is now down a staggering 96.49% from its all-time high of $119 reached on April 5

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82% Of Bitcoin Short-Term Holder Supply Now In Loss, Capitulation Ahead?

On-chain data shows around 82% of the Bitcoin short-term holder supply is currently in loss, suggesting that capitulation may occur soon. 82% Of Bitcoin Short-Term Holder Supply Now In Loss, While Total STH Supply Declines According to the latest weekly report from Glassnode, the BTC STH supply is nearing all-time lows at the moment.

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Bitcoin declines with US stocks as nuclear threat ripples through markets

BTC/USD loses over 10% in two days, hastened by concerns over Ukraine developments.

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Despite Struggling Price, Bitcoin Exchange Reserve Hits Lowest Value Since Sept 2018

Despite the recent struggling Bitcoin price, on-chain data shows the exchange reserve has just hit the lowest value since September 2018. Bitcoin Exchange Reserve Declines To Lows Not Seen Since Sept 2018 As pointed out by an analyst in a CryptoQuant post, the BTC exchange reserve has observed further decline recently, reaching the lowest values in more than 3.

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Bitcoin Data Shows Profit Taking From Long-Term Holders Behind Decline To $40k

As the Bitcoin price declines to $40k, on-chain data shows long-term holders have harvested some profits recently. Bitcoin Long-Term Holder SOPR Shows Some Spikes Recently As pointed out by an analyst in a CrypoQuant post, some BTC long-term holders seem to have participated in profit taking over the past day.

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Following Crash, Bitcoin Open Interest Declines To Sept 2021 Levels

Following the crash to $35k, the Bitcoin open interest has declined to September 2021 levels. This may suggest that the market volatility will be lesser in the near future. Bitcoin Open Interest Drops To Similar Levels As In September 2021 As pointed out by an analyst in a CryptoQuant post, the BTC open interest has decreased to similar levels as last September following the crash.

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Here Is Why Bitcoin Plummeted and How to Profit in the Red Market

Bitcoin (BTC) begins its first full week of 2022 in familiar territory below $50,000. Since the end of December, 2021, bitcoin has experienced several declines of varying degrees. On Jan. 5, it even plunged to below $43,000, plummeting near 10% within only 8 hours.

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The Dollar (DXY) is Approaching Long-Term Resistance – How Will Bitcoin React?

In today's article, BeInCrypto takes a look at the US Dollar Index and its correlation to BTC. Since the beginning of Bitcoin's history, the two assets have mostly shown a negative correlation, which was clearly evident in the accelerated bull markets for BTC and subsequent declines.

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‘Fear’ returns to Bitcoin, while long-term holders own just 3% of BTC unrealized losses

Bitcoin price declines finally shake out “greed” among investors, according to the Crypto Fear & Greed Index.

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Supply Shock: The Number Of Bitcoin Changing Hands Dips To 2015 Levels

Bitcoin short-term supply continues to shrink further as the amount of BTC changing hands drops down to 2015 levels. Bitcoin Short-Term Supply Declines To 2015 Levels As per the latest Arcane Research report, the BTC supply shock continues as the number of coins changing hands drops down to levels not seen since 2015. The “number […]

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Whales Shift More $4 Billion in Bitcoin, While BTC Declines to $48,500

Bitcoin whales have transferred over $4 billion worth of Bitcoin, while smaller whales' transactions are reaching the highest levels since July

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Bitcoin price analysis: BTC faces potential declines to $40k

The BTC/USD pair has traded at lows near the key support of $46,300, with…

The post Bitcoin price analysis: BTC faces potential declines to $40k appeared first on Coin Journal.

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Record outflows from Canada’s biggest Bitcoin fund see BTC reserves drop by 50%

On-chain data shows two dramatic declines in the Bitcoin reserves held by a Canadian Bitcoin fund but there's a catch.

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