The crypto market cap plunged to $3.15 trillion on Nov. 17, driven by a global market rout intensified by fears of an AI bubble burst, a concern echoed by Alphabet CEO Sundar Pichai. Economist Tracy Shuchart argued the decline was inevitable due to the collapse of BTC’s recent macro narrative. Bitcoin’s Correction and Liquidation Cascade […] Original
Category: Bitcoin News
Bitcoin slides as ICP, HYPE, and ASTER buck the trend
ICP, HYPE, ASTER Gain as Bitcoin Falls Below $90,000 Bitcoin fell below $90,000, hitting its lowest level in seven months, with most major cryptocurrencies losing value. Despite the market slump, ICP, HYPE, and ASTER posted notable gains, defying broader crypto declines. The total crypto market capitalization slid sharply, but weekend trading was quieter, with select altcoins showing resilience. Bitcoin experienced continued price declines over several days, dropping below $90,000 in recent trading, according to market data. Most altcoins followed the downward trend, though several tokens posted gains against the broader…
Bitcoin enters death cross while market tests key levels
Can Bitcoin regain momentum after forming a death cross, or will the setup echo the extended weakness seen in 2022? Summary Bitcoin has formed a death cross after falling below its 50-day and 200-day moving averages. Analyst Ali Martinez points to historical cycles and MVRV data to outline possible lower levels if weakness continues. Egrag Crypto disagrees, arguing that moving averages have lost reliability and that the market remains intact above long-term support. Bitcoin has entered a technical pattern commonly known as a death cross, as its short-term moving average…
Bitcoin price below energy cost models as MVRV z-score sinks
Bitcoin trades far below energy cost models; mining pressures rise. Summary Bitcoin’s price is nearly 70% beneath its estimated fair value based on mining energy cost models, sparking concern among analysts tracking production economics. Technical data (MVRV Z-Score, Stochastic RSI) shows bearish momentum and recent declines, with historic signals pointing to possible accumulation periods. Miners face rising energy expenses, squeezed profit margins, and ongoing difficulty adjustments, making the next weeks pivotal for market direction. Bitcoin (BTC) price is trading approximately 70% below its estimated fair value based on mining energy…
Bitcoin Dips Under $90K, but Bulls Are Still Unfazed
Bitcoin continued its downtrend on Monday night, falling under $90K for the first time in seven months as a bearish sentiment gets hold of the crypto market. Even with the recent downturn and the tailwinds the industry is facing, bulls keep being positive. Bitcoin Falls Under $90K as Markets Get Into Panic Mode Bitcoin has […] Original
Bitcoin decline deepens, dousing 2025 gains: What’s next?
Bitcoin dropped below $90,000, intensifying a month-long decline that has wiped out its 2025 gains and shaken confidence across the digital-asset space. Summary Bitcoin fell below $90,000, marking a significant drop that has wiped out its 2025 gains, continuing a month-long downtrend from its October peak of over $126,000. The downturn is attributed to growing economic concerns, including uncertainty over interest rate policies and overvaluation in speculative markets, causing traders to reassess risk. A selloff in October triggered over $19 billion in liquidations, and retail participation has faded, with institutions…
Bitcoin Continues Lower, Raising Fears That $90K Support May Not Hold
Bitcoin price failed to recover above $95,000. BTC is down over 4% and there are chances of more downsides below $90,000. Bitcoin started a fresh decline below $94,000 and $93,500. The price is trading below $93,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $95,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it settles below the $91,500 zone. Bitcoin Price Continues To Weaken Bitcoin price failed to stay…
Bitcoin Is Floundering, but Saylor Is Digging in His Heels
“If you’re going to be a bitcoin investor, you need a 4-year time horizon and you need to be prepared to handle the volatility in this market,” said Strategy Chairman Michael Saylor. Bitcoin Struggles, but Saylor Doubles Down At a time when skeptics are projecting gloom and doom over bitcoin’s sinking price, Michael Saylor, Chairman […] Original
South Korea’s Bitcoin Premium Roars Back, Blasting Well Past Global Averages
On Monday, bitcoin drifted between $93,029 and $95,903 per coin, dipping into territory it hasn’t touched since May. While traders braced for the slide, South Korea’s crypto market has kept things spicy with a premium that’s been holding strong since mid-September, peaking at 8.27%. At the moment, BTC is fetching $2,413 more in South Korea […] Original
Cboe Sets Dec. 15 Launch for New Bitcoin and Ether Continuous Futures
Cboe is gearing up to launch bitcoin and ether continuous futures this December, introducing long-term, perpetual-style contracts designed to offer crypto exposure without the headache of constant rolls. U.S. Traders Get Perpetual-Style Bitcoin and Ether Futures via Cboe in December Cboe Global Markets plans to roll out bitcoin and ether continuous futures on Dec. 15, […] Original