Bitcoin drops below $26,000 as market awaits central bankers' meeting at Jackson Hole, BNB hits lowest level in over a year due to regulatory and legal pressure, and Australia delays decision on central bank digital currency (CBDC) due to unresolved issues.
Short-term holders of Bitcoin are currently experiencing unrealized losses, with 88.3% of their supply underwater, leading to increased selling pressure in the market and potential liquidation by these holders.
Bitcoin (BTC) remained stagnant around the $26,000 mark despite being heavily oversold, leading to concerns about a potential lower low and a decline to sub $20,000 levels, although some analysts are hopeful for a V-shaped recovery and a return to focus on $26,500.
Bitcoin's price dropped below $26,000, losing most of its gains from the previous day, as both cryptocurrencies and traditional markets experience a significant downtrend.
Bitcoin's trading volume has reached its lowest level in four years, with investors waiting for reasons to reenter the market, as the price of bitcoin remains up 57% for the year but has struggled to rebound from its recent decline.
Bitcoin pulled back from its all-time high above $28,000 as investors analyzed the implications of Grayscale's court victory against the SEC, with the cryptocurrency dropping 2% to $27,240, while Ether decreased 1.7% to just above $1,700, leading to a decline in the broader crypto market.
Bitcoin's value dropped 4.91% to $25,957, losing $1,341, while the price of Ether, a coin linked to the ethereum blockchain network, also declined.
Hundreds of millions of dollars worth of crypto assets have been liquidated as Bitcoin's price falls below $26,000, with the majority of the liquidations coming from exchanges such as OKX, Binance, and ByBit.
Bitcoin (BTC) closed the week below $26,000, with traders closely monitoring the $25,900 level as a potential support zone to determine future price movements. There is a possibility of Bitcoin entering a bearish scenario with sub-$20,000 levels, but a bullish revival above $26,000 is considered less likely.
Bitcoin continues to trade below $26,000, with the crypto market experiencing a sideways trend, while Deribit's options segment saw increased trading volume in August.
Bitcoin has experienced a significant decline of nearly 20% since Standard Chartered's prediction of reaching $120,000, with the cryptocurrency falling for a second consecutive month amid a broader sell-off in financial markets.
Bitcoin and other cryptocurrencies are experiencing low volatility and waning investor interest, with Bitcoin remaining below $26,000.
Bitcoin showed some signs of stirring from its September stupor, rising around 3% to $26,400 before dropping back below $26,000, while Coinbase plans to expand internationally and MicroStrategy's bitcoin impairment losses may be resolved with changes to accounting standards.
Bitcoin and the overall digital asset market have seen a significant decline, with Bitcoin dropping to its lowest price in three months at $25,048, attributed to failed crypto exchange FTX seeking approval to liquidate $3.4 billion in various digital assets.
Cryptocurrency prices experienced a sharp drop and rebound, leading to $256 million in liquidation losses over the past two days, as traders faced a wave of leveraged position closures due to market fears and sudden price swings.
Bitcoin (BTC) reached new month-to-date highs, breaking $27,000 for the first time in September, as market participants anticipate a bullish trend and altcoins show signs of awakening.
BTC slid to $26,500 as interest rates and the US dollar surged, putting pressure on crypto firms, and an equity sell-off may drag BTC price lower.
Bitcoin (BTC) has shown remarkable stability above the $26,000 level despite sell-offs in equity markets and a surging US dollar, potentially signaling a bullish cycle as long-term investors continue to accumulate.
Bitcoin (BTC) could experience a market correction and drop to $20,000 this year, according to a crypto analyst, who points to historical patterns, the presence of a trading gap, and a dip below the 50-week exponential moving average as indicators of a potential decline.
Bitcoin rose 2% to $26,750 during early U.S. trading hours, defying the strong dollar and driven by spot market buyers and a short squeeze, accompanied by an increase in net capital inflows in the spot market.
Bitcoin managed to hold above the $26,000 level despite a drop in the S&P 500 and a rise in the US dollar, indicating a lack of aggressive selling, while low liquidity could lead to volatile price movements and traders are advised to wait for confirmations.
Bitcoin (BTC) is attempting to trade above $27,000, showing resilience in the face of adverse conditions and indicating a longer-term view on the cryptocurrency.
Bitcoin (BTC) gained 1.3% over the past 24 hours, with a price of around $27,700, as traditional markets stabilized and crypto markets calmed after Monday's rally, potentially heading towards $30,000, while low volatility is expected to prevail in the coming months.
Bitcoin experienced a swift decline after failing to reach six-week highs at $28,000, with the subsequent hourly candle causing a $700 drop in the market, but there are still expectations for another attempt.
Bitcoin experienced a brief rally above $28,000 but quickly dropped to $27,300, remaining relatively flat compared to the wider crypto market; however, it is still defying the market rout in equity and U.S. Treasury bond trading, signaling a bull market, according to ByteTree's chief investment officer.
Bitcoin (BTC) experienced decreased volatility as it struggled to push past the $28,000 mark and faced concerns from market participants over potential losses to come.
Bitcoin's price experienced volatility and dropped 2.1% after strong US employment data dampened expectations of further Federal Reserve counterinflation measures, but rebounded with $27,700 back in focus; Bitcoin open interest also declined.
Bitcoin (BTC) faces resistance at $28,000 as geopolitical uncertainty influences traders, with analysts suggesting a potential move towards $30,000.
Bitcoin (BTC) faces resistance at $28,000 as geopolitical uncertainty affects traders, but analysts predict a potential breakout and a move towards $30,000.
Cryptocurrency traders lost over $100 million in liquidations during Monday's market downturn caused by the Middle East conflict, with the largest amount of long liquidations in a day since September 11.
Bitcoin (BTC) remains above $27,000 despite the war in Gaza, with a significant uptrend predicted, while Ethereum (ETH) is experiencing a downtrend due to slumping blockchain activity and low investor interest.
Bitcoin tumbled below $27,000 as a four-day rally in stocks and falling bond yields failed to generate buying interest in the cryptocurrency, with analysts predicting a potential fall below $25,000.
Bitcoin (BTC) may have failed to reach $100,000 during the 2021 bull market due to the selling of BTC by executives at defunct exchange FTX, according to analysis and testimony from the ongoing trial of former FTX CEO Sam Bankman-Fried.
Bitcoin (BTC) experiences a classic short squeeze as it tackles $28,000 and sees a flurry of bullish projections, while also dealing with short-term spot price moves and rising liquidations, causing sentiment to fluctuate.
Bitcoin (BTC) approached $28,000 before retreating as traders anticipated the launch of a spot bitcoin ETF in the U.S., while other cryptocurrencies such as SOL, TRX, BCH, BSV, and RLB experienced gains.
Bitcoin (BTC) experienced a surge from $27,900 to $30,000, followed by a drop to $28,000, after a false report of a spot ETF approval led to significant liquidations and skepticism from analysts and reporters.
Bitcoin (BTC) surpasses $28,400 amid positive sentiment and the signing of a crypto licensing bill in California, while remaining resilient to fake reports of BlackRock's spot bitcoin ETF approval and experiencing a 2.1% gain in the past 24 hours.
Bitcoin outperformed the cryptocurrency market as Ethereum and DeFi tokens slid, with BTC rising to near $28,500 and its market share reaching over 52%, the highest since April 2021.
