Bitcoin fell sharply in weekend trading after the United States and Israel launched military strikes on Iran, sending the cryptocurrency close to $63,000. The drop marked a decline of roughly 3% within hours and pushed the asset to its lowest level since early February. The sudden move followed confirmation of
The price of Bitcoin hasn’t been successful in being stable over the $70,000 mark. It started declining and traded below the $69,200 support zone. Also, at the time of writing, it is exchanging hands at $68,296.87. The price went below the 38.2% Fib retracement level of the upward shift from
Michael Saylor, Founder of Strategy, has hinted that Strategy could buy bitcoin again. The latest BTC purchase could come at a time when Bitcoin price has dropped below $69k. A statement by U.S. Treasury Secretary Scott Bessent could also be a potential factor, given that it signals a positive outlook
Spot Bitcoin exchange-traded funds saw net outflows of $545 million on the second consecutive day of withdrawals, indicating a significant change in institutional sentiment. Large investors have shown a reduction in exposure to Bitcoin while it was in a volatile market. The outflows indicate a cooling-off period for institutional investment,
Bitcoin’s recent price surge suffered a setback today following the announcement of new trade tariffs by US President Donald Trump. The BTC price, which had reached an intraday high of approximately $118,200, plummeted after Trump’s pronouncement of 30% tariffs on European Union and Mexican goods, effective from August 1. The
The crypto assets are in an uncertain state with their unclear price movement, with the market cap slipping over 2.91%, settled at $3.32 trillion. Bitcoin, the largest asset, after multiple recovery attempts, has reached the $105K mark. Notably, BTC has stepped into the greed zone as the Fear and Greed
Bitcoin’s recent breakout of the $90,000 support level has increased fears of a potential liquidity grab under this crucial price zone. On March 6, Bitcoin (BTC) hit a high of $92,700, which represented a 19% rise from the February 28 low of $78,200. The price rise fuelled optimism in the
Bitcoin (BTC) is experiencing a tough time, dipping below $80K and recording an intraday low of $78,248.92. This significant drop was caused by a mix of political decisions, inflation, and an increase in tariff concerns. U.S. President Donald Trump’s recent announcements on the implementation of a 25% tariff on Mexico
The cryptocurrency sector had a busy weekend in the past day with several firms performing crucial actions. For instance, Mango Markets, a decentralized exchange, halted operations after it settled with the SEC. Meanwhile, an Indian crypto exchange – Mudrex paused withdrawals for security upgrades. On the other hand, price activity
Bitcoin price is exhibiting extreme volatility for the past week trading sideways at around the $100,000 price mark. While there is no significant price rise for the last 24 hours, market cap and trading volume are decreasing by 0.31% and 15.06% respectively. Meanwhile, Matrixport shared a report, estimating Bitcoin price
