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Bitcoin Falls Below $84K for the First Time in 3 Months, How Much Lower Can It Go?

After several hours of calmness at close to $89,000, bitcoin’s price trajectory took another turn for the worse and the asset plunged to its lowest level since November 11 of…

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Bitcoin’s Price Remains Under Pressure, According to This Critical Metric

Bitcoin exchange inflows surged significantly following the release of the US Consumer Confidence report, with the Bitcoin Exchange Inflow (Top 10) metric exceeding 5,000 BTC three times in a single…

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US Spot Bitcoin ETFs Record Largest Daily Outflow of $938M as BTC Struggles Below $90K

The United States spot Bitcoin exchange-traded fund (ETF) market has crowned its six-day negative flow streak with the largest-ever single-day outflow of nearly $938 million. This record came as bitcoin…

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Metaplanet Buys The Dip Scooping Up 135 BTC, El Salvador Back Buying Bitcoin

On Feb. 25, Japanese investment firm Metaplanet announced that it had purchased an additional 135 BTC for around $96,000 per bitcoin. The $13 million buy has increased the firm’s total…

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April 2024 Flashback? Bitcoin Hash Rate Decline Sparks Mining Concerns

A sudden dip in Bitcoin’s hash rate has sparked discussions within the crypto community. Though fluctuations are not uncommon, the scale of this decline draws comparisons to past major disruptions.…

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Bitcoin at a ‘Critical Juncture’ After 90 Days of Consolidation and Market Slump: Bitfinex Alpha

Over the past 90 days, bitcoin (BTC) has been in a state of consolidation, hovering between the $91,000 and $102,000 range. Analysts at the crypto exchange Bitfinex have revealed that…

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