Bitcoin loses $70,000
Bitcoin loses $70,000
Bitcoin loses $70,000 Read More »
Selling Intensifies as Liquidations Increase and Market Fear Reaches Extremes: Crypto Markets Today
Bitcoin BTC$71,091.27 and ether ETH$2,113.11 extended their descents over the past 24 hours, each falling more than 7% as a wave of bearish sentiment gripped the market. The Fear and Greed Index fell to 11.00, the lowest this year, indicating extreme bearish sentiment. “Bitcoin has returned to an area that saw strong resistance from March
Miners are squeezed as bitcoin’s $70,000 price fails to cover $87,000 production costs
Bitcoin BTC$71,091.27 is now around 20% lower than its estimated average production cost, increasing financial pressure in the BTC mining sector. The average cost to mine one bitcoin is around $87,000, according to Checkonchain data, while the spot price has fallen to $70,000. Historically, trading below production costs has been a hallmark of a bear
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Stifel predicts a fall in the price of Bitcoin (BTC) to $38,000. Yes, you read that correctly.
The race is on among analysts to predict how far bitcoin will go BTC$71,462.61 could fall, with target prices falling further every day. The latest to launch is Stifel, a leading full-service financial services company headquartered in St. Louis, Missouri. Analysts at the 136-year-old company predict that the price of bitcoin could fall as low
XRP falls to its lowest level since Trump’s election victory. And then
Payments-focused cryptocurrency XRP is rapidly collapsing as falling Bitcoin prices lead to widespread risk aversion in the crypto market. XRP fell to $1.44, the lowest since November 2024 – the same month President Donald Trump won the US election. Trump campaigned on pro-crypto policies to foster a favorable regulatory environment for digital assets. XRP is
XRP falls to its lowest level since Trump’s election victory. And then Read More »
Bitcoin rises above $71,000
Bitcoin rallied back above $71,000 on Thursday after a sharp sell-off earlier in the day briefly sent prices slipping below the $70,000 mark, reflecting an attempt to stabilize in global markets. The move comes as a broader rout in tech stocks shows signs of fatigue. Futures linked to the Nasdaq 100 edged higher after two
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BTC Price News: Bitcoin Falls Below $71,000
Bitcoin slipped below $71,000 on Thursday as a fresh sell-off in global tech stocks spread across crypto markets, undermining hopes of a lasting rebound after last week’s volatility. The world’s largest cryptocurrency fell 7.5% in the past 24 hours, hitting a low near $70,700 before paring some losses, according to CoinDesk data. The move follows
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Justin Sun says to ‘keep going’ on TRX purchases from Tron Inc
Crypto billionaire Justin Sun has endorsed Tron Inc.’s strategy of stacking the TRX token, which has recently outperformed bitcoin. BTC$70,853.46as a basic treasury asset, highlighting its latest dip purchase with a simple “continue” on X. Nasdaq-listed Tron Inc. announced Wednesday that it has acquired 175,507 TRX tokens at an average price of $0.28, for a
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BTC hits $69,101 on Bitstamp
Bitcoin’s price slide continued on Thursday, with prices falling below the widely followed $70,000 level on crypto exchange OG Bitstamp. The dollar-denominated price of BTC fell to $69,101 during Asian trading hours, offering a discount to prices on other exchanges, including Coinbase, where BTC hit a low of $70,002. The discount on Bitstamp likely came
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