Analysts remain cautiously optimistic but note that liquidity conditions and global macro developments will shape the near-term trajectory
Bitcoin shed more than $18,000 in November, as a record amount of money rushed out of the market, making this its largest dollar loss since May 2021, when a number of cryptocurrencies collapsed
Despite these headwinds, analysts believe macro liquidity from the Fed pivot could act as a stabiliser if capital rotation resumes toward large-cap cryptocurrencies
Crypto Market Crash: Analysts say the pullback reflects a consolidation phase rather than market capitulation, as participants digest recent selling pressure and await clearer macroeconomic signals
BTC price today: Analysts attribute the slide to uncertainty around potential US interest-rate cuts, broader weakness across equity markets, and profit-taking by large holders
The overall market sentiment remains dominated by fear, with the CoinMarketCap Crypto Fear and Greed Index registering at 27, firmly in the "fear" zone
The broader altcoin market mirrored the weak sentiment, with Story (IP) continuing its sell-off to emerge as the day's biggest laggard, plunging 28 per cent
Caution dominated trading activity, amplified by Wall Street's closure for the Labor Day holiday and concerns over a BTC whale potentially divesting another billion-dollar tranche of BTC
Historical trends suggest September tends to be bearish during bull market years, prompting analysts to urge caution
Vikram Subburaj, CEO of Giottus Crypto Platform, believes that there is a strong likelihood for Bitcoin to consolidate at current levels and undergo a short squeeze towards $109,000
The flagship cryptocurrency Bitcoin (BTC), which scaled a record high of $111,970.17 last week, plunged to $104,684.72, its lowest level in seven days, on Friday, May 30
Bitcoin recently recorded its highest number of active addresses in six months, with over 925,000 addresses active in a single day
The price of bitcoin fell below $90,000 and other cryptocurrencies saw large drops Tuesday morning, erasing some of the gains digital assets have made since President Donald Trump took office on a pro-crypto agenda. Bitcoin, the world's most popular cryptocurrency, was trading at about $89,000 as the US stock market opened. That's down from about $106,000, which was the price around Trump's inauguration. The decline in bitcoin and other crypto assets accelerated after a report showed a bigger-than-expected drop in consumer confidence for this month. Cryptocurrency is highly volatile, and prices can change rapidly. Even with Tuesday's drop, bitcoin is still up significantly since Trump won last year's election. Supporters said the price drops represent a good investment opportunity. Buy the dips!!! Eric Trump, the president's son, said on the social media platform X. He replaced the letter B with the symbol for bitcoin. It's been a mixed bag for the cryptocurrency industry in recent
The trade policies, analysts said, could fuel volatility across risk assets, including cryptocurrencies
The US, Japan, and South Korean governments have pledged to counter North Korea by imposing sanctions and strengthening cybersecurity in the Indo-Pacific region
The Fed on Wednesday delivered a third straight interest-rate cut while signaling a slower pace of monetary easing next year to keep inflation in check, sending global stocks into a tailspin
The Minister of State for Finance Pankaj Chaudhary today informed the Lok Sabha that the government does not register cryptocurrency exchanges and global cooperation key to regulating cryptocurrency
In 2009, the UK man mined 8,000 Bitcoins. But the hard drive containing them was lost in a Newport landfill, now inaccessible despite its growing value
The digital asset fell as low as $95,776 on Sunday after coming within $300 of the six-figure milestone on Friday
The digital asset fell 4.7 per cent on Tuesday, the most in nearly a month, after Iran fired about 200 ballistic missiles at Israel in a sharp but brief escalation of hostilities between 2 adversaries