Heavy Selling Pushes Bitcoin to 16-Month Low Bitcoin fell sharply this week, briefly breaking below the $73,000 level and marking its lowest price since November 2024. The move capped several days of sustained selling pressure, with traders continuing to rotate out of risk-on assets amid growing macroeconomic uncertainty. The drop accelerated during U.S. trading hours,…
Bitcoin’s Decline Puts Strategy in the Spotlight The latest downturn in Bitcoin prices is intensifying scrutiny on Strategy, one of the largest corporate holders of the cryptocurrency. As Bitcoin slipped toward the $78,000 level, analysts and investors began reassessing the risks tied to the company’s aggressive accumulation strategy. Strategy, led by executive chairman Michael Saylor,…
Bitcoin Struggles to Build Momentum After Sharp Selloff Bitcoin remained under sustained pressure in early February as a brief rebound failed to attract meaningful follow-through buying. The world’s largest cryptocurrency hovered near $78,500 in Asian trading, stalling after bouncing from a 10-month low reached earlier this week. The muted recovery reflects lingering risk aversion across…
Bitcoin Drops as Safe Haven Narrative Weakens Bitcoin fell sharply over the weekend, sliding to its lowest level since the 2025 tariff shock and raising fresh questions about its role as a safe-haven asset. The cryptocurrency briefly dropped below $77,000 before stabilizing near $78,000, marking a decline of more than 10% since the beginning of…
Bitcoin Breaks Key Support Levels Bitcoin dropped below the psychologically important $80,000 level, reaching its weakest price since April 2025. The move extended a prolonged downturn that has steadily eroded confidence among traders and long-term holders alike. Market data showed limited buying interest as prices slipped, suggesting investors were unwilling to step in aggressively. The…
Bitcoin Slips to Nine-Month Low Bitcoin suffered a sharp sell-off, falling to roughly $82,000 and marking its lowest level in nine months. The decline erased a significant portion of the gains built up during last year’s rally, leaving the asset more than 35% below its October peak. The move unfolded rapidly during early trading hours,…
Bit Digital Signals Strategic Break From Bitcoin Mining Bit Digital has announced plans to fully wind down its Bitcoin mining operations, marking a decisive strategic shift for one of the industry’s early public miners. The company, which entered Bitcoin mining in 2020, said the move reflects changing capital efficiency dynamics across the digital asset sector.…
Bitcoin Drops Sharply in Asian Trading Hours Bitcoin extended its January decline after sliding to fresh two-month lows during early Asian trading. The sell-off pushed the cryptocurrency below key psychological levels, shaking confidence among short-term traders and reigniting concerns about downside momentum. Prices briefly touched levels not seen since November, marking a steep fall from…
Institutional Capital Re-enters Ethereum Markets Ethereum has entered 2026 under renewed scrutiny from institutional investors, even as its price remains well below previous highs. After a prolonged drawdown from peak levels, large buyers are increasingly treating the pullback as a strategic opportunity rather than a warning sign. Among the most visible participants is Bitmine, a…
Extreme Weather Sends Shock Through Bitcoin’s Mining Network A severe winter storm sweeping across large parts of the United States has delivered a sharp and sudden blow to the Bitcoin mining sector. As temperatures plunged and electricity demand surged, miners across multiple regions were forced to scale back operations, leading to a dramatic decline in…
