Bitcoin Price Plunges Toward $100K as Analysts Call the Start of a Bear Market
4 Articles
4 Articles
It's not the best start to the week for the cryptocurrency market. Asian markets are opening with declines. Numerous events on the local stock exchange have fueled negative investor sentiment. This morning, Bitcoin fell 2%, falling below $107,000. Further worrying signs include profit-taking by so-called whales and outflows from ETFs. "Red October" continues to cast a shadow over the entire market. After massive declines of $19 billion, the enti…
Bitcoin Price Plunges Toward $100K as Analysts Call the Start of a Bear Market
Bitcoin cannot catch a break on Tuesday as its adverse price movements continue to dig new lows, with the latest being at just under $101,000. With the asset now on the brink of its first price dump below $100,000 since June, whales and treasury companies have begun to offload, while some analysts b...
Bitcoin Plunges Again Amid Bearish Market Momentum as Big Whales Stir Turmoil With Sell-Offs
The cryptocurrency market faced a brutal downturn today, with total market capitalization plunging 3.2% to $3.6 trillion, marking one of the steepest single-day drops in months. According to data from CoinGlass, more than $400 million worth of crypto positions were liquidated in just 24 hours, wiping out over 162,000 long traders. At the center of […] The post Bitcoin Plunges Again Amid Bearish Market Momentum as Big Whales Stir Turmoil With Sel…
Bitcoin Whales And Miners Unload Bitcoin Sparking Market Anxiety
Two Bitcoin (BTC) whales have been unloading massive amounts of BTC to exchanges and causing a ruckus in the market. Traders are now walking on eggshells as they expect another BTC dip incoming. Blockchain data from Lookonchain reveals that a well known trader in the crypto space, BitcoinOG (also known as 1011short) has sent around 13000 .cwp-coin-chart svg path { stroke-width: 0.65 !important; } .cwp-coin-widget-container .cwp-graph-conta…
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