Bitcoin has been all over the place lately, with prices dropping more than 15% in the past week, falling below $80,000. This kind of drop hasn’t been seen since November 2024. According to blockchain research firm Glassnode, many investors are selling at a loss, especially those who bought Bitcoin recently. On February 28, Bitcoin’s price […]
Bitcoin’s Slow Start to 2025: What’s Causing the Drop? Bitcoin didn’t kick off 2025 with much excitement. In January, its price mostly moved sideways, showing little growth. Then, February got off to a rough start when Bitcoin dropped to around $92,000 on the very first day. Things only got worse as the month went on, […]
Julien Bittel, a market expert at Global Market Investor, has shared his thoughts on Bitcoin’s recent price drop. Even after last week’s big fall, he believes Bitcoin is likely to bounce back, linking the drop to bigger economic changes. Did Bitcoin’s Fall Below $80K Signal the End of the Sell-Off? Bitcoin’s price took a hit […]
Economist Peter Schiff has once again spoken out against Michael Saylor’s Strategy Inc.’s plan of buying Bitcoin with borrowed money, especially as the company’s stock price keeps falling. He believes that this strategy has hurt shareholders and lowered the value of the company’s Bitcoin holdings. BTC Down By 85% In a recent post on X, […]
On Friday, Bitcoin’s price seemed ready to reach $100,000 after the United States Securities and Exchange Commission (SEC) decided to drop its lawsuit against the crypto exchange Coinbase. However, Bitcoin couldn’t keep up the momentum after a $1.4 billion hack on the ByBit exchange. Now, with Bitcoin’s price just above $96,000, recent data shows that […]
BTC’s price might stay stuck in consolidation longer than expected, as recent on-chain data shows that the Bitcoin Coinbase Premium Index has fallen back below zero. What does this drop mean for the leading cryptocurrency? Is The Bitcoin Price At Risk Of Downward Movement? In a recent post on X, well-known crypto expert Ali Martinez […]
After briefly going over $99,000 on Friday, Bitcoin’s price dropped sharply below $96,000 by the end of the week. Because of this, Bitcoin is still in a waiting period, with no clear sign of where its price will go next. However, a recent update from the blockchain analytics company Glassnode suggests there might be a […]
Even though the economy is going through a rough patch, Federal Reserve Chairman Jerome Powell seems to be warming up to Bitcoin—giving crypto investors a small but hopeful boost. At the recent New York Times DealBook Summit, Powell said that Bitcoin is more like gold—a “speculative asset”—than a threat to the U.S. dollar. This marks […]
Over the weekend, a playful comment on X (formerly Twitter) led to a serious discussion about how much gold is really left in Fort Knox, one of America’s most secure places. It all started when the popular finance account @zerohedge tagged Elon Musk, saying: “It would be great if Elon Musk could check inside Fort […]