562 articles
Net weekly outflows from Bitcoin ETFs reached $690 million as BTC briefly touched $60,000, reigniting analyst criticism over “paper Bitcoin” and scarcity.
Nasdaq-listed bitcoin miner MARA moved roughly 1317 BTC ($87.4 million) in the past 13 hours, onchain data shows.
The largest transfers went to credit and trading firm Two Prime, which received more than 660 BTC, while additional chunks were sent to a BitGo address and a fresh wallet.
BTC fell as much as 4.8% to around $60,033 during late U.S. hours, before snapping back to as high as $65,926.
Bitcoin is down more than 40% from its October highs, but investors in spot Bitcoin ETFs have pulled 6.6% of assets.
Bitcoin posted one of its single-largest intraday drops on Thursday, falling from roughly $73,100 at open to a low near $62,400.
Bitcoin fell below 63,000 as investors reacted to dismal US economic data, a weakening stock market and fears of an AI industry bubble. Does data forecast a return to $90,000 by March?
Bitcoin Magazine Bitcoin Price Plunges Toward $60,000 as $1 Billion in Liquidations Hit in 24 Hours Bitcoin price is experiencing one of the most dramatic selloffs in its history Thursday, sliding sh...
The price of Bitcoin crashed below $63,000 on Thursday, not far above the average production cost of publicly traded miners.
Bitcoin Magazine Strategy ($MSTR) Falls 15% as Investors Brace for Earnings Call Shares of Strategy dropped sharply Thursday, tumbling more than 15 % in heavy trading as markets reacted to deepening...
Bitcoin Magazine JPMorgan: Bitcoin is Now a More Attractive Investment Than Gold Long Term Bitcoin’s long-term investment case relative to gold has strengthened, according to JPMorgan, even as the cr...
Panic selling by short-term holders, extreme fear, and oversold RSI suggested that BTC could be nearing the final phase of capitulation.
