Bitcoin News
Bitcoin Falls to Last Week’s Support Level
Bitcoin dipped below the $20,000 mark as the S&P 500 fell more than 20% from its December 2021 peak, indicating bear markets in both crypto and traditional finance. Crypto research firm FundStrat said BTC could weaken down to test June lows below $18,000 and potentially below $13,000.
Bitcoin Hovers Around $20K Level
TheoTrade co-founder Don Kaufman shares his bitcoin price analysis, noting that despite a decline in trading volume amid the bear market, bitcoin is still holding onto the $20,000 level, saying it’s “the bright side of the bearishness.” Plus, a discussion about DeFi regulation and MicroStrategy’s recent $10 million BTC purchase.
First Mover Americas: BTC Dips; 3AC Liquidation Reportedly Ordered by BVI Court
The latest moves in crypto markets in context for June 29, 2022.
Deutsche Bank: Crypto Free Fall Could Continue Because of the System’s Complexity
As bitcoin and other cryptocurrencies are speculative, high-risk assets, they are disproportionately affected by central bank tightening, the bank said.
Bitcoin Dips Under $20K on Blunted Growth Sentiment as Spain Fuels Inflation Concerns
Traders assessed revived concerns of rampant inflation and growth for the coming months.
First Mover Asia: Remember ICOs? You Would Have Made a Fortune if You HODLed; Bitcoin Slogs Toward $20K
Investors who purchased a breadbasket of blue chip coin offerings about five years ago would have generated an 819% return, even with the current bear market; most cryptos fell in Tuesday trading.
Market Wrap: Finger-Pointing and Job Cuts as Bitcoin Slides Back Toward $20K
Bitcoin's price fell for a third straight day, and a rally in Chainlink's LINK token faded – as crypto industry recriminations kept coming and stocks slumped.
Investment Firm Cypherpunk Holdings Sells All of Its Bitcoin and Ether
The publicly listed firm has transitioned its treasury to cash amid increased market volatility, but it hasn’t ruled out reinvesting in cryptocurrencies when the market settles down.
Crypto Venture Capital Firm Stillmark Founder Remains Optimistic During Bear Market
Stillmark founder and Managing Partner Alyse Killeen shares her bitcoin price outlook, explaining her venture capital firm’s strategy during a bear market, noting her optimism around bitcoin Lighting Network’s rapid growth. Plus, lessons learned from the Three Arrows Capital liquidity crisis.
