After reaching an all-time high above $100,000, the Bitcoin price has entered a multi-week downtrend. This correction has naturally raised questions about whether Bitcoin is still aligned with the 2017 bull cycle. Here we’ll analyze the data to assess how closely Bitcoin’s current price action correlates with previous bull markets, and what we can expect…

Bitwise‘s Chief Investment Officer Matt Hougan sees Bitcoin BTC/USD well-positioned for the future, citing several political developments as fundamentally bullish factors. What Happened: Speaking at the Blockworks Digital Asset Summit in New York on Thursday, Hougan argued that current macroeconomic conditions are reinforcing Bitcoin’s long-term investment case while applying short-term pressure on its price. He…

Bitcoin scams have cost Massachusetts residents millions of dollars, according to police, but there’s some good news out of Beverly, where investigators have recovered $21,000 for victims and hope to return even more. Beverly Police Chief John G. LeLacheur said it’s believed to be one of the first times money was recovered in such a…

In 2024, three Beverly residents — ages 80, 83, and 90, — lost thousands of dollars to a bitcoin scam, the Beverly Police Department said. But for the first time, police in Essex County were able to recover thousands of dollars lost by the Massachusetts residents. The residents, police said, were are tricked into depositing…

Investors are taking profits on Bitcoin (BTC) after the FOMC rally, but on-chain data suggests otherwise. Other notable cryptocurrencies, such as Ethereum (ETH) and Solana (SOL), have also experienced significant declines. However, Tron (TRX) and Toncoin (TON) were the only assets in the sector to show gains, each recording a 2% increase. Despite the correction,…

TLDR Bitcoin has dropped below $85,000, falling approximately 2% in the last 24 hours Market liquidations approached $200 million, with long positions accounting for $131 million Technical indicators show Bitcoin trading in a rising channel pattern with potential support at $83,000 Open interest-to-market cap ratio has increased, suggesting higher market leverage and potential volatility U.S.…

Donald Trump’s pro-crypto policies fuel Bitcoin surge and reshape U.S. cryptocurrency regulations. The US President Donald Trump vowed to make America “the undisputed Bitcoin superpower and the crypto capital of the world.” In a pre-recorded video address played at the Blockworks Digital Assets Summit in New York City on Thursday, Mach 20, Trump said that…

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Bitcoin and major cryptocurrencies declined on Friday as escalating geopolitical tensions and concerns over US tariffs dampened investor appetite for risk. Global policymakers struck a cautious tone amid central bank meetings this week, highlighting economic and political uncertainty. The US Federal Reserve, Bank of Japan, and Bank of England all kept interest rates unchanged, citing…

Bitcoin (BTC) and other major tokens lost more than 3% as Thursday’s rally was met with profit-taking during Asian morning hours Friday — in line with expectations. Overall crypto market capitalization fell 3.2% in the past 24 hours, with BTC sliding from $86,000 to under $84,000, ether (ETH) dropping below $2,000 and Solana’s SOL falling…