Bitcoin | Crypto

Bitcoin plunged to $104,500 in the spot market as signs of credit strain in US regional banks reignited fears of a broader market sell-off. Key takeaways: US regional bank stress hit markets as auto sector bankruptcies exposed risky loans, sending financial stock prices sinking. Bitcoin fell below the 200-day SMA, dropping to $104,500 amid $1.2 billion crypto liquidations. Read more

Bitcoin’s (BTC) recent correction from its all-time high of $126,100 to current levels around $104,500 may mask a more constructive macro environment that could accelerate the path toward the higher upside. While derivative markets underwent historic deleveraging with $19 billion in futures open interest wiped out, several macro developments are aligning to support crypto’s next […] The post Oil down, dollar cools, BoJ signals rate cut: How will this affect Bitcoin? appeared first on CryptoSlate.

Bitcoin price strength collapsed as US regional bank stress spilled over into crypto as it did in 2023, while traders focused on $100,000. Key points: Bitcoin falls to its lowest levels since June as familiar US banking turmoil returns. Traders see $100,000 possibly failing as support. Read more

BitMine’s Tom Lee says that Ethereum will eventually flip Bitcoin’s market cap, despite being almost five times smaller currently. Ethereum could eventually surpass Bitcoin’s market share in a similar manner to how US equities overtook gold 54 years ago, when the US abandoned the gold standard, according to BitMine chair Tom Lee. “Ethereum could flip Bitcoin similar to how Wall Street and equities flipped gold post 71,” Lee said in an interview with ARK Invest CEO Cathie Wood on Thursday.  Bitcoin’s (BTC) market capitalization is about 4.6 times larger than Ethereum’s, standing at roughly $2.17 trillion compared to $476.33 billion, according to CoinMarketCap. Read more

Bitcoin’s repeat drop to $107,600 reflects broader market caution as miner outflows and macroeconomic pressures mount, but analysts still believe dips are for buying. Key takeaways: Rising demand for put options and miner BTC deposits highlights growing caution among traders despite price resilience near $108,000. Analysts at Bitwise argue that deep drops in market sentiment often precede rebounds, framing the correction as a “contrarian buying window”. Read more

No one has a crystal ball, but if Bitcoin continues to behave according to its past cycles, then we’ve most likely already reached the peak. Bitcoin printed an all-time high on Oct. 6, but it failed to extend the move as the post-halving clock approaches the peak zone seen in prior cycles. The 2024 halving […] The post Hodl or take profits? Bitcoin bear market cycle started at $126k appeared first on CryptoSlate.

The trade war that once rattled global markets has returned, and Bitcoin is part of the battlefield this time. On Oct. 15, President Donald Trump declared that the United States was now in a trade war with China, saying: “We’re in a [trade war] now. We have 100% tariffs. If we didn’t have tariffs, we […] The post Bitcoin risks falling under $100,000 as Trump confirms US-China tradewar appeared first on CryptoSlate.

Top markets on Myriad this week include price predictions on Bitcoin, Solana’s chances of an all-time high, and Ethereum and gold racing to $5K.

Bitcoin traded at $108,733.66 at press time, declining 2% intraday, driven by trade tensions and leverage unwind. Waning demand also contributed to the correction. US-traded spot Bitcoin ETFs recorded approximately $104 million in net outflows on Oct. 15, according to Farside Investors’ data, removing recent support for spot bids. Major altcoins tracked Bitcoin’s decline, with […] The post Why is Bitcoin trading below $110,000? Everything that happened in crypto today appeared first on CryptoSlate.

Bitcoin investor sentiment slumps to a yearly low, but Bitwise says fear may signal a prime accumulation phase for BTC. Key takeaways: Bitwise analysts argue that selling pressure has likely peaked, and that dips may be good buying opportunities. Smaller BTC holders are accumulating even as miners increase exchange deposits. Read more

Bitcoin charts show conflicting signals as year-end nears, with traders debating a possible $250K move amid rising gold and holder activity.

Bitcoin briefly slipped under $110,000 Thursday morning, with options data showing that traders are hedging for further downside.

Bitcoin retested support levels under $110,000 as data showed smaller investors buying and whales cooling their extended BTC sell-off. Key points: Bitcoin finally sees investors who are willing to “buy the dip” at prices around $110,000. Multiple support retests continue to grab trader attention. Read more

California’s new law states that abandoned Bitcoin can’t be immediately sold by the state, which may ease recovery and lower burdens on exchanges. Over the weekend, California Governor Gavin Newsom signed a bill into law that preserves abandoned Bitcoin (BTC) holdings — a step forward that could provide legal clarity for custodians and crypto holders. The bill was an update to unclaimed property law (UPL) and contained one key provision: Abandoned Bitcoin or crypto holdings that are transferred to the state must be maintained in their original format (not sold for cash) for a certain amount of time. States with similar laws require that crypto be liquidated into cash immediately. This can create difficulties for recovering lost property and also creates administrative burdens for exchanges and crypto custodians. Read more

The rise of institutions piling into Bitcoin has led to some surprising impacts on the market.

Despite recent all-time highs and volatility, search interest for “Bitcoin” on Google remained low as the crypto sentiment index returned to “fear.” Key takeaways: Bitcoin retail interest lags despite 2025 all-time highs. Declining spot demand shows a “shift into bearish conditions.” Read more

Bitcoin price traded near $110,000 today as ETF flow streaks and the $107,000 support take focus. Spot ETF demand remains the pivot. BlackRock’s IBIT is approaching $100 billion in assets, roughly 799,000 BTC, as the largest U.S. fund complex continues to concentrate supply. U.S. spot products printed fresh net inflows of $102 million yesterday and […] The post 5 things that need to happen for Bitcoin to stay above $100k appeared first on CryptoSlate.

Bitcoin’s remaining October performance depends on Fed rate cut odds, BTC ETF inflows and the path major US stocks chose to take. Key takeaways:  Bitcoin is down 4.3% in October despite historically strong monthly returns. The CME FedWatch tool shows a 96.7% probability of a 25% interest rate cut, fueling optimism. Read more

Numerous legal and policy questions linger around the massive haul of Bitcoin the U.S. government announced it seized from an alleged crypto scam operation.

Bitcoin saw fresh warnings of another dip to fill local lows on Binance, while gold hit record highs on Federal Reserve interest-rate cut hopes. Key points: Bitcoin risks hitting $102,000 again as support higher up looks increasingly weak. Analysis suggests the bull market may be at risk as a result. Read more