The Bitcoin performance over the last year has disappointed investors as the cryptocurrency's price has stalled below $100,000. Even now, with the price seeing some recovery, it has remained muted, and there has not been any notable recovery in the price.
US-listed spot Bitcoin ETFs extended their record outflow streak to 13 consecutive trading days, with investors withdrawing approximately $4.4 billion since mid-May.
CryptoQuant data shows 53,800 BTC moved to exchanges at a loss in 24 hours, with profit inflows at zero.
DDC Enterprise added 90 bitcoin, raising its total holdings to 2,804 BTC and reaching 28th among public corporate holders.
Bitcoin fell to just over $61,000, failed to hold a $64,000 rebound, and traded below $63,000 after losing $70,000 and $66,000 support. More than $1.6 billion in liquidations hit the market, while Bitcoin's capitalization dropped to $1.260 trillion and dominance fell to 55.6%.
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The Treasury chief told senators the administration is using “best practices” in implementing Trump's Bitcoin reserve order.
Bitcoin suddenly falls back into its danger zone. Hitting $61,322, BTC wipes out much of the geopolitical tension premium and places the market facing a simple question: was the rebound solid or just nervous?
The recent Bitcoin drop highlights the fragility of market sentiment and the potential for further volatility amid institutional outflows and macro pressures. Bitcoin slides to $60K as 24-hour liquidations reach $1.76 billion.
How low can Bitcoin go? The bear targets mapped: $65K support, the $55K floor, prediction-market odds for $50K, $45K, $40K, and the deep-cycle calls for $38K.
BlackRock-linked wallets deposited 5,212 BTC and 20,000 ETH to Coinbase, a combined transfer worth over $430 million that has drawn immediate attention from on-chain analysts and traders watching for signals of institutional selling pressure.
Bitcoin's (CRYPTO: BTC) has imploded 15% over the past week, plunging below $62,000 in early morning hours Thursday. Yet, macro investor Raoul Pal says this is not the start of a bear market but rather another painful correction within a broader bull cycle.