The Bitcoin network hashrate has topped 1 Zetahash per second (ZH/s) for the first time in Bitcoin’s 16-year history, according to several blockchain data sources. Bitcoin’s hashrate crossed the milestone on April 5 at a peak of 1.025 ZH/s, according to mempool.space data, while BTC Frame data said it hit 1.02 ZH/s a day earlier.…
Key Takeaways Bitcoin dropped below the closely watched $80,000 level on Sunday evening, tracking U.S. stock index futures sharply lower amid intensifying worries about the impact of tariffs. The 50-day MA has crossed below the 200-day MA to form an ominous death cross, a chart pattern that warns of further selling. Investors should watch key…
Bitcoin price started a fresh decline below the $83,500 zone. BTC is consolidating losses and might start another decline below the $80,000 level. Bitcoin started a fresh decline below the $82,000 zone. The price is trading below $81,200 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend line…
Cryptocurrencies sold off sharply heading into the week in Asia, underscoring a clear risk-off sentiment across markets. Bitcoin shed about 7% of its value from Sunday night through to Monday morning in Singapore to reach a low point of $77,077. Second-ranked token Ether plummeted to $1,538, an intra-day low not seen since Oct. 2023. Both…
Virtually everyone in the cryptocurrency world celebrated the second election of President Trump, an enthusiastic booster of the industry who promised to turn the United States into the “crypto capital of the planet.” But now the man nicknamed “the first Bitcoin president” is presiding over a Bitcoin crash. Since Mr. Trump announced his global tariffs…
Bitcoin (BTC) traded above $79,000 Monday morning Asia time as markets around East Asia opened to chaos and carnage as the global sell-off continued. The CoinDesk 20 (CD20), a measure of the performance of the largest digital assets, is down 8%. (CoinDesk Indices) Hong Kong’s Hang Seng Index is down over 8% during mid-morning trading,…
Dogecoin on way to last support Shiba Inu gives up Though technical and macroeconomic pressures are starting to build, Bitcoin has been maintaining key levels. After several unsuccessful attempts to break above the 200 EMA, which is located around $85,344, Bitcoin is currently exhibiting signs of weakness at $82,870. A flattening RSI and a narrowing…
Bitcoin price today: The impact of United States President Donald Trump‘s global tariffs war finally hit cryptocurrencies on April 7, with the markets seeing a sharp sell-off at Asia open, Bloomberg reported. Coinglass data show about $745 million worth of bullish crypto bets were sold over the past 24 hours, the highest in nearly six…
Key Takeaways Federal agencies will report their crypto holdings to the Treasury Secretary tomorrow. The US government currently holds 198,012 Bitcoin worth approximately $16 billion. Share this article Federal agencies have a deadline of Monday to report their Bitcoin and crypto holdings to Treasury Secretary Scott Bessent, a White House official confirmed with journalist Eleanor…
Bitcoin (BTC), the world’s leading cryptocurrency, has been thrust into the spotlight once again as global markets grapple with the ripple effects of President Donald Trump’s latest trade tariffs, announced in early April 2025. With Bitcoin dropping below $82,000 this week amid a broader market sell-off, investors are asking a pressing question: Will Bitcoin crash?…