The Google search volume for the word “Bitcoin” has intensely increased in the last week as the price of the asset concisely slipped to the $60,000 level for the first time witnessed after October 2024. The provisional data from Google Trends reveals that the worldwide searches for Bitcoin attained a
On February 6, Shiba Inu witnesses potential gains after the rebound of Bitcoin from the $60,000 threshold. After the recovery, the traders again became speculative for altcoins, placing SHIB as one of the assets heavily profited by the return of liquidity to the market. The significant change in the price
Metaplanet is a Bitcoin vault company based in Japan. And it was reported that they were committing themselves to buying even more Bitcoins despite the latest dips in price. In fact, the value of Bitcoin went down to around $60,000 in the past before it went back up to some
Eleven major U.S. public pension funds are now reporting substantial unrealized losses on microcap Strategy shares linked to Bitcoin. Their combined holdings of almost 1.8 million Strategy shares are currently worth $240 million. This is down from $577 million, which indicates a substantial drawdown. Market information reveals that this represents
Shorts on ETH, SOL, and BTC recorded profits, prompting a series of reactions from the crypto market. The update comes at a time when all tokens have significantly lost their respective values over the last 24 hours. Meanwhile, a possibility is emerging amid corrections in Gold and Silver prices. Profits
Bhutan has shifted millions worth of Bitcoin from its sovereign wallets this week amid a broader crypto downturn that has seen its overall crypto asset holdings decline by more than 70% from its peak level of $1.14 billion. On-Chain analytics platform Arkham reveals that Bhutan’s sovereign investment arm, Druk Holding
One of the world’s biggest crypto exchanges, Binance, has made additions to its Secure Asset Fund for Users (SAFU) by acquiring 1,315 BTC worth $100 million, according to Arkham data. This is the second acquisition of Bitcoin by Binance as part of its plan to turn up to $1 billion
Bitcoin fell sharply on Tuesday, down roughly 3.1% over the past 24 hours to trade in the mid-$76,000s. The move pushed BTC toward the lower end of its daily range, with an intraday low of $76,661.05 and a high of $79,157.12. Market capitalization dropped to $1.53 trillion, down roughly 3.1%,
The crypto market has already lost about $400 billion in value over the last ten days, with roughly $800 million being liquidated in the last 24 hours, as the major cryptos, such as Bitcoin, Ethereum, and leading altcoins, have continued to suffer severe losses. In this market situation, Raoul Pal,
With the Fear and Greed Index value holding at 15, extreme fear sentiment is lingering across the crypto market, pushing the assets into the deep bearish zone. The largest and dominant token, Bitcoin (BTC), has fallen terribly below $80K. Escaping from the bear trap might be far more difficult with
