Bitcoin News
Bitcoin's rising leveraged position points to continued dip buying, but may not yet signal price bottom
Bitfinex margin longs surge to a two-year high as bitcoin falls below $69k.
Here is what industry veterans are saying as bitcoin tumbles below $70,000
"This drawdown feels horrible not because of the magnitude, but because it’s unfair," said longtime bitcoin maxi Samson Mow.
Deutsche Bank says bitcoin’s selloff signals a loss of conviction, not a broken market
The German lender pointed to institutional outflows, fading liquidity and stalled regulation as the real drivers behind bitcoin’s slump.
Institutions don't want more risk—they want bitcoin yield that works like TradFi, says GlobalStake co-founder
Collateralized, market-neutral strategies, not DeFi or smart contracts, are driving renewed institutional interest, says GlobalStake co-founder Thomas Chaffee.
'Big Short' Micheal Burry spots 2022 vibes in bitcoin crash
The ‘Big Short’ investor compared the current slide with a one-time past cycle breakdown that saw BTC lose nearly half its value before stabilizing.
Miners are being squeezed as bitcoin’s $70,000 price fails to cover $87,000 production costs
Bitcoin is now approximately 20% below its estimated average production cost, historically a feature of a bear market.
Stifel predicts bitcoin crash to $38,000. Yes, you read it right.
Stifel analysts predict bitcoin could fall to $38,000 using an analogy of the movie "The Curious Case of Benjamin Button" to explain the bearish forecast.
Bhutan moves bitcoin to trading firms and exchanges as BTC drops to nearly $70,000
Wallet data shows the Royal Government of Bhutan moving bitcoin to trading firms and exchanges for the first time in months, as markets slide and volatility spikes across crypto and metals.
Bitcoin crashes below $70,000 on Bitstamp
During Asian trading hours, BTC hit a low of $69,101 on Bitstamp.
XRP crashes to its lowest since Trump's election win, could slide further to $1.00
XRP has fallen to $1.44, its lowest level since November 2024, as bitcoin’s decline fuels broader risk aversion in the crypto market.
