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Category: Bitcoin News
Bitcoin Drops to $86K as Asian Markets Trigger Selloff
Bitcoin fell sharply on the first day of December, dropping from $91K to $86K as Asian markets delivered a wave of bearish catalysts. Despite improving U.S. liquidity conditions and rising rate-cut expectations, sentiment remains fragile heading into a pivotal month. BTC Retreats as Liquidity Jitters Hit Global Markets Bitcoin slipped to $86,000 in early Asian […] Original
Bitcoin price rejects key resistance but uptrend view remains intact
Bitcoin’s price in its early-December drop reflects algorithmic flows, thin liquidity, and a resistance retest, with van de Poppe framing it as a routine reset within ongoing consolidation. Summary Bitcoin price decline is driven by automated systems and new-month flows amplified short-term selling, driving a sharp early-December decline visible on TradingView charts. October’s market-maker washout left liquidity thin, so moderate sell orders pushed price down after rejection at a key resistance zone. Van de Poppe expects a resistance retest within one to two weeks, seeing continuation potential if Bitcoin can…
Silver Breakout Continues, Becomes Bitcoin’s ‘Mirror Image’ in Relentless Hike
Silver, the commodity metal that has awakened from a five‑decade slumber, has breached $58 for the first time and is once again making headlines. Analysts say the rally may have room to continue, as demand is poised to grow while supply remains constrained. Silver Reaches Another Milestone as Gigantic Cup-and-Handle Breakout Continues Silver, an often […] Original
Bitcoin price slumps below $86k on Asia open amid leveraged liquidations
Bitcoin sank at Asia’s open, triggering leveraged liquidations and a broad crypto selloff as gold rallied and macro uncertainty fueled a sharp, volatile reset. Summary Bitcoin dumped from weekend levels at the Asian open, sparking forced long liquidations and a broad crypto market drawdown. Gold rallied as macro and Fed-policy uncertainty pushed some capital toward traditional safe havens and away from crowded crypto longs. Exchange balances and stablecoin reserves rose, signaling dry powder, but Bitcoin now trades below short-term holders’ cost basis, heightening downside risk. Bitcoin fell sharply at the…
AI era could erase money, boost Bitcoin
In Musk’s AI- and robotics-driven future, traditional money fades as labor allocation becomes obsolete, while energy—and energy-backed assets like Bitcoin—persist as core value. Summary Musk says advanced AI and robotics could satisfy human needs, making money far less relevant as a way to organize labor and production. He calls energy the “true currency,” arguing Bitcoin’s proof-of-work links digital value to real-world electricity and hardware expenditure. Musk notes this shift depends on technological progress; for now, fiat currencies still dominate payments while Bitcoin remains an alternative asset and monetary system. Tesla…
Peter Schiff Flags a Bitcoin Drop That May Break Into Steeper Losses
Bitcoin’s renewed slide is stirring talk of a pivot toward traditional havens even as equities hover near highs, a divergence that critics say underscores fading confidence in its staying power, a point pressed by Peter Schiff. Peter Schiff Calls Bitcoin’s Weakness a Setup for Sharper Moves Economist and gold advocate Peter Schiff believes that bitcoin’s […] Original
Bitcoin Falls off a Cliff as $91K Support Vaporizes
Bitcoin’s price on Sunday just before 8 p.m. Eastern time flashed a dramatic breakdown as a wave of heavy selling torched support and dragged the price from the mid-$91,000 region into the high-$86,000s in a matter of minutes. After a decent stretch of quiet, orderly trading, everything snapped at once. After hovering around the $91,000 […] Original
Blackrock Credits Bitcoin ETFs With Leading Its Global Revenue
Blackrock says its spot bitcoin exchange-traded funds have become its most profitable product line, with allocations nearing $100 billion, according to comments from its Brazil director. Blackrock Executive: Spot Bitcoin ETFs Near $100B in Allocations Blackrock, the world’s largest asset manager with more than $13.4 trillion in assets under management (AUM), says its spot bitcoin […] Original
Prediction Markets Polymarket and Kalshi Assign Mixed Odds for Bitcoin’s Path Above $100K in 2025
As of Sunday, Nov. 30, 2025, bitcoin is priced at $91,482, and odds from prediction platforms Polymarket and Kalshi show traders expecting potential gains but keeping their expectations firmly tethered to earth. As 2025 Nears the End, Prediction Market Odds Get Firmer Bitcoin is trading at $91,482 on Sunday, Nov. 30, 2025, and prediction markets […] Original