Duration of the Bitcoin Bear Market: Insights from a CryptoQuant Research Expert
With Bitcoin’s value slipping below $75,000, a familiar question lingers among market watchers: how long will this bear market persist if the conditions don’t improve? Julio Moreno, who leads research at CryptoQuant, shared insights during the Milk Road Show on February 2nd, suggesting that many crucial indicators of demand and liquidity still reflect weakness. He […]
Treasury Secretary Scott Bessent states that the government cannot rescue Bitcoin during its price decline.
Senator Questions Treasury on Cryptocurrency Policies During a recent hearing, U.S. Treasury Secretary Scott Bessent was put under scrutiny regarding the government’s stance on cryptocurrencies, particularly whether it would consider intervening to “bail out Bitcoin.” Senator Brad Sherman, who has expressed skepticism about cryptocurrencies, asked Bessent if there were plans to instruct banks to use […]
Bitcoin price hits a new 15-month low below $73K as $800M in crypto gets sold off.
Bitcoin Price Decline Following the opening of Wall Street on Wednesday, U.S. sellers were back in action, pushing Bitcoin down for a second time below the $73,000 mark. Key Highlights: Bitcoin dropped further, reaching levels not seen since late 2024, slipping below its previous low recorded on Tuesday. Macro assets have lost momentum, with precious […]
Bitcoin Mining Stocks Plunge as BTC Value Falls 20% in a Week
Bitcoin Miners Face Sharp Decline as Prices Hit Low Stocks related to Bitcoin are experiencing a significant downturn. On Wednesday, the price of Bitcoin dropped to $72,185, marking a 15-month low and a nearly 20% decrease over the past week. Major Bitcoin mining companies are feeling the pinch as well. Shares of MARA Holdings (MARA) […]
UBS CEO Shares Cryptocurrency Plans After News of Bitcoin and Ethereum Trading for Affluent Clients
Simply put The CEO of UBS Group has confirmed that the bank is moving towards tokenized deposits and giving users access to cryptocurrencies. Recently, UBS was selected as an initial design partner for Stripe’s blockchain initiative focused on stablecoins, called Tempo. Although UBS posted nearly $8 billion in profit last year, its shares declined about […]
Bitcoin Moves into Bear Market Phase as Institutional Interest Shifts
Bitcoin Faces Bear Market Signs Due to Weak Demand Current on-chain indicators are hinting that Bitcoin might be slipping into another bear market. Observations around reduced institutional investment and tighter liquidity conditions are raising concerns about potential structural downsides. According to CryptoQuant’s latest Crypto Weekly Report, various on-chain signals are aligning with a bear market […]
Tom Lee: Bitcoin and Ethereum Experienced Significant Drops, But A Recovery Is Near
The decline in cryptocurrency values has been more drastic than anticipated, although Tom Lee suggests that price and timing may be signaling a potential bottom. In a CNBC interview, Lee, who leads research at Fundstrat Global Advisors, pointed out that the recent downturn in digital currencies exceeded expectations, even with solid fundamentals backing them up. […]
Views Change on Strategy’s Bitcoin Investment as Crypto Market Decline Intensifies
Bitcoin investors are now facing a significant challenge as the cryptocurrency market experiences a prolonged decline. According to some predictions, there’s a 36% chance that Bitcoin treasury companies will offload parts of their holdings by year’s end, a rise from 22% just a few days ago. This bearish trend emerged when Bitcoin dropped below a […]
How your mind could influence the value of bitcoin (BTC) rising
Bitcoin is currently trading at $76,073.52. Market analysts have noted that navigating bear markets can be quite challenging, and expectations of a Federal Reserve rate cut or regulatory adjustments specific to cryptocurrencies might be necessary to shift the current trend. Interestingly, two psychological tendencies—anchoring bias and regret avoidance—could be influencing investor behavior more than we […]
Investor Michael Burry Cautions of $1B Precious Metals Crisis if Bitcoin Continues to Fall
Bitcoin’s Impact on Precious Metals Market Michael Varley, known for his financial insights from “The Big Short,” has raised concerns that a potential Bitcoin bear market could lead to a significant downturn in gold and silver, estimating a loss of up to $1 billion. As Varley noted, approximately $1 billion in precious metals has been […]