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Bitcoin Nears 2024 Lows as Options Traders Seek Downside Protection
Bitcoin is approaching its 2024 lows, with options traders increasing their demand for downside protection as the broader crypto market faces pressure.
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Bitcoin Holds Below $60,000 as Market Braces for Potential Downside
Bitcoin (BTC) saw a modest **0.6%** gain to **$59,800** at the start of the week, yet technical indicators point to continued downside risk.
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Bitcoin Falls Below $60,000, Faces Rare Back-to-Back Quarterly Loss
Bitcoin has dipped below $60,000 and is on track for a rare back-to-back quarterly loss, down nearly 7% this week.
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Bitcoin Teases $62K Breakdown Amid Market Volatility and Macro Pressures
Bitcoin bulls are working to maintain support at local lows as the cryptocurrency teases a potential breakdown below $62,000 amid broader market volatility.
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Standard Chartered Declares Crypto Winter Over, Bitcoin Targets $100K Following Market Bottom
Standard Chartered's head of digital asset research declared the crypto market has seen its cycle low, with Bitcoin's recent dip to $59,000 marking the bottom.
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Bitcoin Recovers as Geopolitical Tensions Ease, Boosting Global Markets
Bitcoin and the broader cryptocurrency market saw a positive shift, recovering from a volatile week as geopolitical tensions in the Middle East appeared to ease.
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Bitcoin and Ethereum Show Resilience Amidst Surging Inflation and Policy Concerns
Bitcoin and Ethereum show signs of recovery despite a three-year high in inflation, suggesting potential shifts in investor sentiment amid looming restrictive monetary policies.
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Bitcoin Reacts as U.S. Inflation Aligns with Forecasts, Bolstering Fed's Policy Stance
US inflation data aligned with forecasts, solidifying the Federal Reserve's restrictive policy outlook and causing a slight dip in Bitcoin's price.
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Ethereum Dips Below $1,600 Amid Zcash Bug and Bitcoin's Sub-$60K Slide
Ethereum's value dipped below $1,600 following a significant Zcash vulnerability disclosure and Bitcoin's recent fall below the $60,000 mark.
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Michael Saylor: Bitcoin's Price Dip Driven by Capital Shift to AI
MicroStrategy's Michael Saylor suggests Bitcoin's recent market correction is primarily due to investors reallocating funds towards the booming artificial intelligence sector.