Bitcoin price started a fresh decline below the $74,000 zone. BTC is consolidating and might struggle to stay above the $72,000 support. Bitcoin failed to stay above $75,000 and extended losses. The price is trading below $74,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $73,750 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $74,000 and $75,000 levels. Bitcoin Price Extends Losses Bitcoin price failed to stay…
Tag: Bitcoin
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Early Bitcoin Dip Buyers Show Up But Will They Reverse The Trend?
When Bitcoin (BTC) finally escaped from its channel pattern and secured a multiple-day close above the $77,000 resistance, traders rejoiced and declared the downtrend over. Fast-forward to the present and BTC has fallen below multiple support levels and appears at risk of retesting $70,000, a 16% decline from its range highs. While billion-dollar spot BTC ETF outflows, resumption of combat between the US and Iran, concerns over rising inflation and growing fear that the CLARITY Act will not pass in the Senate are all factors in Bitcoin’s crumbling strength, the…
Bitcoin Bearish Flag Goes Up As Expert Analyst Predicts A Massive Crash To $44,000
Bitcoin’s anticipated recovery above is looking increasingly bleak due to the formation of a bearish flag. The leading cryptocurrency has fallen further below $74,000 in the past 24 hours, and one analyst believes the latest move is only another stage in a much larger decline. Bitcoin is currently trading at $73,240, down about 3.2% on the day. That drop has made a bearish TradingView analysis by Xanrox more relevant, as the analyst had warned that Bitcoin could lose the lower region of its current structure and begin a wider move…
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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io For Verified News updates Follow the AL MAKKAH TECH & BUSINESS HUB channel on WhatsApp: __________________________________________ Welcome to Al Makkah Tech & Business Hub! If you are looking for the most reliable CRYPTO NEWS TODAY, you’ve come to the right place. Our mission is to provide you with the latest updates on the digital asset market, including daily Bitcoin Price Analysis and in-depth Ethereum Price Analysis. Staying informed is the first step toward understanding the rapidly evolving blockchain landscape. In our videos,…
Bitcoin drops out of global top 10 as Magnificent Seven surge
Bitcoin has slipped out of the world’s top 10 assets by market capitalization, with its value down to about $1.09 trillion as U.S. tech giants in the “Magnificent Seven” power higher. Summary CoinDesk says bitcoin’s market cap has fallen to $1.09 trillion, knocking it out of the global top‑10 asset ranking. Gold, silver and every member of the Magnificent Seven now sit ahead of bitcoin on the league table of global assets. The drop follows a period when bitcoin had previously ranked as high as the fifth‑largest asset worldwide at…
Bitcoin Dip Marks Distribution But BTC May Avoid New Bottom
Bitcoin’s drop below $73,000 on Wednesday marks a short-term turning point for the market, as multiple BTC distribution signals point toward rising sell-side pressure. While the increasing chance of a correction into the $60,000 to $70,000 range remains in play, long-term holder data points to improving investor sentiment, suggesting that traders view the current price as a buying opportunity. Coinbase discount confirms market stress Crypto analyst CryptoOnChain noted that Bitcoin’s drop to $72,500 followed a period of weakening spot demand and unsustainable long positioning in derivatives markets. The Coinbase premium…
Sequans Ends Bitcoin Treasury Experiment, Redirects Focus to 5G Growth
Key Takeaways Sequans Communications completes full redemption of its July 2025 convertible debt, funded by selling Bitcoin down to 658 BTC. The move drops Sequans’ debt-to-NAV ratio to near zero, pivoting the IoT chipmaker away from its DAT strategy entirely. CEO Georges Karam signals Sequans will monetize remaining 658 BTC over time while targeting 5G eRedCap growth. Sequans Cuts Bitcoin Holdings to 658 BTC and Exits Digital Asset Treasury Strategy The company confirmed the transaction Thursday. Sequans had already drawn criticism in November 2025 when it first sold 970 BTC…