Key takeaways: Bitcoin price charts from 2021 hint at a crash toward $60,000 if history repeats. Bulls see $104,000 support holding, with targets at $140,000 or higher. Bitcoin (BTC) has dropped more than 12.75% from its record high above $124,500, splitting traders into two camps. One sees it as a routine bull market correction, while others warn that a new …
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Bitcoin Fails To Hold $110K, Here’s Why
Key takeaways: Strong US economic data and rising gold prices shift investor focus away from Bitcoin’s upside. Regulatory uncertainty and vague US Strategic Bitcoin Reserve plans keep BTC price down despite macro tailwinds. Bitcoin (BTC) failed to reclaim the $110,000 level on Friday, despite high expectations from traders following the monthly BTC options expiry. Hopes for a post-expiry rally were …
Read More »$18 Billion in Bitcoin Options Set to Expire—Here’s What to Expect
In brief Record-setting $18 billion Bitcoin options expiry today may create delayed volatility in 24-72 hours, according to Bitfinex analysts. Myriad prediction market users lean bearish at 51% expecting more red candles over the weekend after a rough trading week. October shows $78.9 billion in Bitcoin options open interest with heavy concentration of calls between $115,000-$125,000 strike prices. Analysts called …
Read More »Bitcoin, XRP, Ethereum Prices Fall Further. What Could Reverse the Crypto Slump. – Barron's
Bitcoin, XRP, Ethereum Prices Fall Further. What Could Reverse the Crypto Slump. Barron’s Bitcoin Is Back Below $110,000. Here’s What to Know About the Latest Crypto Sell-Off. Investopedia Crypto’s $300 Billion Wipeout Marks Harshest Selloff in Months Bloomberg.com Crypto Slump Intensifies Ahead of $22 Billion Options Expiry Yahoo Finance From Rally to Correction Glassnode Insights Source link
Read More »Crypto liquidations top $1.1 billion as bitcoin enters “corrective phase”
Total liquidations in the crypto market exceeded $1.1 billion on Thursday, sparing no tokens, and prompting Glassnode analysts to say bitcoin “shows signs of exhaustion.” “Bitcoin has entered a corrective phase after the FOMC-driven rally, showing signs of ‘buy the rumor, sell the news’ dynamics. The broader market structure points toward fading momentum,” the analysts wrote. Bitcoin dipped below $109,000 …
Read More »Bitcoin, Ethereum and Dogecoin Dive as Crypto Liquidations Top $1 Billion
In brief Liquidations topped $1.1 billion, most of the them long positions. Bitcoin was down 3.6% over the past 24 hours and nearly 7% for the week. Glassnode said that crypto markets were showing “signs of exhaustion.” Major digital coins including Bitcoin, Ethereum, and Dogecoin plunged on Thursday, with liquidations over a 24-hour period topping $1 billion. Bitcoin, the leading …
Read More »Bitcoin, Ethereum and Dogecoin Dive as Crypto Liquidations Near $1 Billion
Major digital coins including Bitcoin, Ethereum, and Dogecoin plunged on Thursday, with liquidations over a 24-hour period closing in on $1 billion. Bitcoin, the leading cryptocurrency, was recently down by nearly 4%, trading for under $109,700, CoinGecko data shows. While Ethereum, the second biggest digital coin, dropped further—by 7.5%—and was trading for $3,879 Thursday afternoon New York time. Other …
Read More »Bitcoin, XRP, Ethereum Fall as Crypto Slump Continues. Inflation Data Are Key. – Barron's
Bitcoin, XRP, Ethereum Fall as Crypto Slump Continues. Inflation Data Are Key. Barron’s Bitcoin price falls ahead of key US inflation reading Yahoo Crypto rout deepens as U.S. government shutdown fears mount (ETH-USD:Cryptocurrency) Seeking Alpha Bitcoin ‘Buy The Dip’ Calls Surge, But Liquidity Trends Point to $107K as Potential Magnet CoinDesk Bitcoin’s price finally breaks past $113,000 but ETFs continue to bleed Sherwood News Source …
Read More »Dow, S&P 500, Nasdaq Fall; Alibaba, Micron, Nvidia, Tesla, More Movers; Bitcoin Falls; Fed Rate Fears
The stock market stumbled again on Wednesday as the September rally struggled to find its next catalyst. The Dow Jones Industrial Average fell 172 points, or 0.4%. The S&P 500 was down 0.3%. The Nasdaq Composite was down 0.4%. The yield on the 2-year Treasury note rose to 3.6%. The 10-year yield rose to 4.14%. It was the first time …
Read More »Bitcoin, Ethereum, Solana Prices Fall. Crypto Fears Remain After Sharp Selloff. – Barron's
Bitcoin, Ethereum, Solana Prices Fall. Crypto Fears Remain After Sharp Selloff. Barron’s Crypto Traders Bet on Fresh Volatility Post $1.5 Billion Wipeout Bloomberg.com New rout in bitcoin ripples through crypto world today Yahoo Finance Bitcoin (BTC) News: Liquidity Points to $107K as Potential Price Magnet CoinDesk A $1.5B liquidation wave is causing bitcoin and ethereum to fall Business Insider Source link
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