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Bitcoin’s steep decline fueled by short-term holders
Bitcoin’s price dropped to $86,000 on Feb. 27 after struggling to maintain support at $88,000 for the past two days. The sudden price drop caused a swift and aggressive reaction […]
Bitcoin ETFs witness record $937.9 million outflow amid investor unease
US spot Bitcoin ETFs recorded the largest outflow on Feb. 25, with $937.9 million pulled out of the funds in a single day. This massive exit, the biggest since the […]
Bitcoin falls to $83K, facing increased downside pressure in ‘air gap’ zone
Bitcoin’s (BTC) price collapsed to $83,223.04 after a 6.5% correction over the past 24 hours. According to a recent Glassnode report, BTC is currently trading in a low-liquidity “air gap” […]
Could shifting GameStop’s $5 billion cash reserve to Bitcoin ignite the MOASS?
Strive Asset Management has called on GameStop to allocate a significant portion of its $5 billion cash reserves to Bitcoin. In a Feb. 24 letter, Strive CEO Matt Cole outlined […]
Futures market sheds $2.24B in OI after Bitcoin’s drop to $88k
Bitcoin’s price plummeted to $88,500 on Feb. 25, triggering $1.48 billion in liquidations across the futures market. This significant correction, which sent Bitcoin well below the short-term holder realized price, […]
Bitcoin faces possible plunge to $70,000 if ETF sell-offs persist
Arthur Hayes, co-founder of BitMEX and Chief Investment Officer at Maelstrom, has cautioned that Bitcoin’s price could drop as low as $70,000 due to ongoing bearish momentum. This comes as […]
El Salvador and Metaplanet double down buying the Bitcoin price dip
El Salvador and Tokyo-listed Bitcoin treasury firm Metaplanet have taken advantage of BTC’s recent price drop to expand their investments in the leading crypto. This move comes as Bitcoin’s value […]
Bitcoin’s short-term holder realized price remains a critical support amid market volatility
The Short-Term Holder (STH) realized price is the average price at which short-term holders — those holding Bitcoin (BTC) for less than 155 days — acquired their coins. This metric […]
Bitcoin hit by heavy $571 million outflows as XRP sees renewed investor interest with $38 million
Global crypto investment products experienced a second straight week of capital outflows, with investors pulling $508 million amid growing economic concerns, according to CoinShares’ latest weekly report. Over the past […]
Bitcoin’s short-term holder realized price remains a critical support amid market volatility
The Short-Term Holder (STH) realized price is the average price at which short-term holders — those holding Bitcoin (BTC) for less than 155 days — acquired their coins. This metric […]