Amidst the ongoing uncertainty in the cryptocurrency market, a noteworthy assessment came from Jiang Zhuoer, the founder of the China-based Bitcoin mining pool $BTC.top. The experienced industry figure predicted that Bitcoin ($BTC) will bottom out in the fourth quarter of 2025 during the current bear market, potentially falling to between $42,000 and $44,000. Jiang Zhuoer, […]
Jiang Zhuoer, one of China’s best-known Bitcoin miners, said Bitcoin may reach its bear-market bottom between October and December 2026. He placed the possible $BTC bottom price between $42,000 and $44,000, based on a long-term cycle model and Strategy’s falling mNAV. In a post on X, Jiang said Strategy’s mNAV had dropped to 0.72. He […]
Crypto sold off hard this week, with bitcoin breaking below $60,000 even as the technology stocks that had dragged it down came roaring back. Bitcoin fell to about $59,200 late Wednesday before buyers pulled it back to around $60,700 on Thursday, down 2.9% over 24 hours and 5.4% on the week, per CoinDesk data. The […]
Strategy (formerly MicroStrategy) shares slid under the $100 mark during Wednesday trading, breaking a level that had held since March 2024. The stock touched $99.50, down 4.18% intraday, according to market data. For a company whose identity is now entirely tied to its 847,363 Bitcoin stack, the break below triple digits signals more than a […]
At press time, Bitcoin traded around $62,400 after yet another wave of selling pressure on the market. The decline was accompanied by a significant decrease in derivatives exposure for major exchanges. Binance experienced the largest move, with a 7-day Open Interest decline of over $1 billion. However, the comparison between the reported decline and the […]
Bitcoin, the flagship cryptocurrency, has suffered yet another extremely brutal price correction. That said, Bitcoin advocate Samson Mow has made it abundantly clear that he remains unbothered by the recent market sell-off. This is a rare glimpse of optimism amid extremely negative sentiment. “The market is sleeping on this” Mow is confident that Bitcoin’s fundamentals […]
Benjamin Cowen, founder of Into The Cryptoverse, a popular analytics platform in the cryptocurrency world, assessed Bitcoin’s current downward trend and how far the price could fall in light of macroeconomic data. According to Cowen, historical cycles and macroeconomic indicators suggest that Bitcoin has not yet reached its ultimate bottom. The renowned analyst, focusing on […]
The odds of the Clarity Act, a United States bill that would create clear rules for the cryptocurrency industry, being signed into law in 2026 have dropped to their lowest level since January 23, 206. On June 24, the odds of the Clarity Act reaching President Donald Trump’s desk for signing into law dropped by […]
Bitcoin price is trading near $61,500 today, extending a decline that has erased more than half its value since the token hit a record high in October 2025. The sell-off is rippling through publicly traded crypto companies, where losses have at times outpaced Bitcoin itself. The token fell to $61,877 earlier this week — its […]
