The Bitcoin price has been declared dead more times than most assets have had good days, 472 times since 2011, to be precise. Yet here it trades, around $73,300, down around -3% in the last 24 hours, still very much alive and grinding through what looks like a calculated consolidation phase. Data tracked by CryptoRank confirms that those 472 “Bitcoin is dead” declarations have spanned multiple market cycles, moments of genuine panic, regulatory threats, and macro-driven selloffs. Each time, the narrative collapsed under the weight of Bitcoin’s own price recovery. Bitcoin…
Tag: Price
Bitcoin News Today: BTC Price Crashes Below $73,000 as US-Iran Strikes Expose High-Beta Risk Profile
Bitcoin price fell to $72,978 in Asian hours today, down 3.4% over 24 hours as news on the US-Iran strike rattled the market. The U.S. Central Command strike on an Iranian military site near the Strait of Hormuz has simultaneously triggered risk-off selling across equities, a bid into energy markets, and one of the largest single-session deleveraging events in crypto this year. The analytical question is no longer whether Bitcoin fell on geopolitical news; it is whether the safe-haven narrative can survive an episode in which gold and Bitcoin moved…
Bitcoin price nears $73K as exchange reserves flash rare signal
Bitcoin is facing a mixed market setup as exchange reserves fall to rare lows while short-term price indicators and holder profitability remain weak. Summary Bitcoin exchange reserves fell to 2.66 million BTC, matching levels last seen in August 2019. Long-term holder SOPR near 0.87 shows some investors are moving Bitcoin at a loss now. Bearish MACD and RSI readings keep short-term Bitcoin momentum weak near the $73,000 price area. Bitcoin exchange reserves have fallen to 2,666,753 BTC, according to CryptoQuant data shared by thechessONCHAIN. The last comparable reading came on…
XRP Price Slides Sharply Lower As Selling Pressure Intensifies Rapidly
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
Bitcoin Price Extends Decline Rapidly As Key Supports Collapse
Bitcoin price started a fresh decline below the $75,500 zone. BTC is consolidating and might struggle to stay above the $74,000 support. Bitcoin failed to stay above $76,000 and extended losses. The price is trading below $75,500 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $74,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $75,000 and $75,500 levels. Bitcoin Price Dips Further Bitcoin price failed to stay…
Bitcoin price holds $75K as ETF demand weakens
Bitcoin price hovered near the $75,000 zone on Wednesday as volatility cooled and traders watched whether the latest support area could hold. Summary Bitcoin price trades near $75K as lower volatility and weak spot demand limit buyer conviction. BTC faces pressure from Bitcoin ETF outflows and signs of lower institutional exposure in spot funds. Traders are watching $74,662 support, with $76,327 acting as the first recovery level near term. (BTC) traded around $74,834 after sliding 2.02% over 24 hours, with intraday movement between $74,708 and $76,140. According to data from…
The Trillion-Dollar Push That Could Send Price Above $300
Crypto pundit CharuSan has again commented on his prediction that XRP could rally above $300. He addressed concerns that the token’s potential market cap makes it impossible to reach this target, highlighting why the market cap metric doesn’t affect XRP. Pundit Points To Trillion-Dollar Market That Could Push XRP Above $300 In an X post, CharuSan alluded to the $27 trillion sitting idle in global Nostro/Vostro accounts, the massive volumes in FX markets, major banks, DTCC clearing, and institutional corporations as the reason why XRP could rally above $300. He…
Why Is Bitcoin price Going Down? (May 27)
Bitcoin has fallen more than 3% over the past 24 hours as traders reacted to renewed Middle East tensions, persistent ETF outflows, and a fresh rejection below a major technical resistance zone. Summary Bitcoin price fell over 3% as Middle East tensions and ETF outflows pressured crypto markets. BTC broke below an ascending channel and now faces resistance near the $78,000-$80,000 range. Analysts say Bitcoin could still rally toward $83,000-$85,000 if the $74,000-$76,000 demand zone holds. According to data from crypto.news, Bitcoin (BTC) price dropped from around $77,880 to nearly…
Bitcoin Price Battles Sideways as Futures Markets Rally
The Bitcoin price is caught in an uncomfortable middle ground. Spot price on Kraken sits at approximately $75,800, down roughly -1.6% over 24 hours, while derivatives desks are running noticeably hotter, a divergence that rarely resolves quietly. What triggered Monday’s sharp intraday reversal from $78,000 to below $76,000 may surprise traders still focused on macro headlines. Galaxy Digital head of research Alex Thorn flagged on X that a “massive” $1.289Bn block sale of BlackRock’s iShares Bitcoin Trust (IBIT) shares was executed through a dark pool at approximately 10:30 a.m. ET,…
Dormant Bitcoin whale burns over $8M in BTC as price touches $75K
A dormant Bitcoin whale has burned more than $8 million worth of BTC after moving funds that had reportedly remained inactive for over a decade. Summary Dormant Bitcoin wallets transferred 107 BTC worth roughly $8.3 million to a burn address after nearly 11 years of inactivity, according to Lookonchain. AMLBot said the transactions may be linked to Mt. Gox-era wallets, with the Bitcoin permanently removed from circulation after being sent to an unrecoverable address. Bitcoin traded near $76,000 while remaining below key resistance levels, as traders watched a possible golden…