Category: Cryptocurrency news

What Is the Real Reason Behind Bitcoin’s Recent Sharp Drop? Experts Weigh In

The cryptocurrency market ended last week with a massive loss of billions of dollars. Bitcoin’s market capitalization plummeted by $235 billion, sparking a major debate within the sector. Industry representatives and analysts are completely divided on the reasons behind this sharp sell-off. Prominent figures in the cryptocurrency industry, Bill Barhydt, Andrew Parish, and Tillman Holloway, […]

Bitcoin Price Analysis: BTC’s Recovery May Be a Trap as $51K Risk Lingers

Bitcoin remains under significant selling pressure after losing a major higher-timeframe structure and breaking below several key support levels. While buyers have managed to defend the $60K region for now, both the technical and on-chain pictures suggest that the market is still in a vulnerable phase. A legitimate recovery requires $BTC to reclaim several overhead […]

BlackRock offloaded over $330 million of these cryptocurrencies in a week

BlackRock’s spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) recorded a combined net outflow of approximately $333.6 million over the past week. The ouflow highlights continued institutional caution toward digital assets despite signs of stabilization at the end of the week. Data from spot Bitcoin ETF and Ethereum ETF flow trackers shows that the […]

Rising U.S. Treasury Yields Are Putting Pressure on Bitcoin: So Why Is This Happening, and How Do We Recover?

Crypto analyst Darkfost said Bitcoin is facing one of the most challenging US Treasury yield environments since its inception. According to the analyst, high long-term US Treasury yields could continue to put pressure on risky assets. According to Darkforth’s social media post, while the US federal funds rate and the dollar index have seen higher […]