Story

Bitcoin continued to sell near $90,000 as investors reacted to weak US jobs data and slowing economic growth by shifting into safer assets.

Bitcoin and several major altcoins are attempting to start a recovery, but negative investor sentiment and selling at the range highs are preventing a stronger bull trend from forming.

Bitcoin's onchain data reveals new BTC whales with 50% of the realized capital, highlighting a shift in how capital is shaping the market.

Bitcoin’s 36% drawdown from its all-time highs resulted in the relative strength index flashing a potential bottom signal not seen since early 2023.

Bitcoin headed higher despite the Bank of Japan's interest-rate hike while reactions saw bullish risk-asset signals and no further policy tightening.

The total crypto market cap fell to $2.93 trillion, its lowest since April, erasing yearly gains as analysts anticipated further declines.

Crypto has tracked lower late this year despite pro-regulation shifts, ETF launches, and institutional buying, prompting analysts to question structural issues.

SOL falls behind multiple altcoin competitors as its onchain activity, fee and DApp revenues slump. Cointelegraph explains why.