RLinda, a TradingView crypto analyst who predicted Bitcoin’s previous crash from $91,000, has shared another bearish forecast for the pioneer cryptocurrency. According to the analyst, more pain may be on the horizon for Bitcoin, as it is expected to plummet as low as $73,000. Bitcoin is currently struggling to maintain its former momentum as bearish…
It’s not just digital coins and tokens getting battered—crypto equities are also in the red. Bitcoin crashed below $80,000 on Monday morning New York time while stock markets suffered, as President Trump continued to rattle markets with tariff twists and recent comments on a potential recession. Companies holding Bitcoin and public firms in the digital…
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Digital asset investment products continued their losing streak for the fourth consecutive week, with outflows reaching $876 million, according to CoinShares‘ latest report. James Butterfill, head of research at CoinShares, noted that while the rate of capital flight has slowed, investors remain cautious amid the bearish market situation. He said the outflow brought the total…
Bitcoin briefly dropped under the $80,000 level Monday, dragged by the continued selling pressure in the equities market. The price of the flagship cryptocurrency was last lower by 3% at $80,185.27, according to Coin Metrics. At its low of the day, bitcoin hit $79,162.46. Shares of companies linked to the crypto space also slid. Coinbase…
Bitcoin (BTC) sought a rematch with multimonth lows on March 10 as familiar selling accompanied the start of Wall Street trading. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView BTC price sags closer to new four-month lows Data from Cointelegraph Markets Pro and TradingView showed BTC/USD down around 4% on the day to reach $79,170 on Bitstamp. Weakness…
Cryptocurrencies extended a sell-off on Monday as risk assets including equities tanked during the early U.S. hours. Following a bounce to around $84,000 earlier in the day, perhaps buoyed by Strategy’s $21 billion fundraising plan, bitcoin (BTC) slid below $80,000, down 3.8% over 24 hours. The Ethereum blockchain’s ether (ETH) briefly slipped below $2,000, to…
(Bloomberg) — Cryptocurrency prices extended their slide as escalating tariff war tensions and diminishing prospects of further Federal Reserve rate cuts offset a wave of pro-crypto announcements from President Donald Trump last week. Most Read from Bloomberg Risk assets like crypto are under pressure amid anxiety that the Trump’s tariffs and government firings will torpedo…
The price of Bitcoin, the leading cryptocurrency, collapsed to an intraday low of $79,355 on the Bitstamp exchange at 14:19 UTC. This is the first time that the cryptocurrency has plunged below the aforementioned level since Feb. 28. Back then, the leading coin reached an intraday low of $78,197 before soaring by nearly 22% within…
The price of Bitcoin crashed below $80,000 on Monday morning as financial markets reacted to ongoing concerns over inflation and a possible U.S. recession, fueled by President Trump’s comments over the weekend. Asked by Fox News in a Sunday interview about whether he expects a recession this year, Trump declined to rule it out. “I…