BTC price behavior is either hinting at a deeper pullback or an RSI-fueled surge beyond $100,000, Bitcoin market observers conclude.

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The cryptocurrency market is seeing unprecedented levels of excitement as Bitcoin (BTC) pushes toward a six-figure price tag, with traders eager to amplify their gains. At the center of this speculative frenzy is the leveraged ETF tied to MicroStrategy (MSTR), the world's largest public holder of Bitcoin.

The US ETFs bought just over $1 billion worth of bitcoin on Thursday while price reached a new all time high of $99,548.

In a Friday op-ed, Lionel Laurent, a Bloomberg Opinion columnist, argues that MicroStrategy's debt-for-Bitcoin strategy will not be viable in the long term.

Bitcoin (CRYPTO: BTC) continues its climb toward $100,000, but traders are adopting cautious approaches to prepare for potential corrections. What Happened: Crypto chart analyst Ali Martinez observed a sell signal on Bitcoin's 4-hour chart, indicating a possible brief correction to $97,085.

On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) achieved a significant milestone, bringing in $1 billion in net inflows during a single trading session. U.S. Bitcoin ETFs Draw $1B in Daily Inflows as Ethereum Funds See Mixed Results According to data from sosovalue.com, Blackrock‘s IBIT fund, trading on Nasdaq, led the pack with $608.

Holonym Foundation partnered with Kelp DAO, a Liquid Restaking Protocol built on Ethereum's EigenLayer, to strengthen the Mishti Network's security and continue bringing digital identity solutions for the application of blockchain technology.

Gnosis founder Martin Köppelmann says Ethereum needs to move away from “centralized” L2s like Base and adopt native rollups.

Despite Bitcoin's recent rally, on-chain data reveals the bull market still has plenty of room to grow. Metrics like the MVRV Z-Score, NUPL, and Puell Multiple suggest Bitcoin is far from overheated, pointing to potential for significant upside in the months ahead.

An Ethereum (ETH) whale, dormant for eight years, has woken up and started selling over $1.3 billion in profits. The whale has held a $2.4 million initial ETH investment since 2016, accumulating a 558-fold return by November 2024.

The Bitcoin price started falling 30 minutes before the options expiry, but market watchers don't expect significant downside.

Bitcoin has surpassed $99,000 in a historic milestone, with the network hash rate reaching an all-time high.

Newmarket Capital has completed a loan that combines traditional real estate financing with Bitcoin collateral, introducing a novel approach to lending reported on CNBC's “Squawk Box” on Nov. 22. The loan refinances a 63-unit multifamily property in Philadelphia and incorporates 20 Bitcoin into the collateral package.

MicroStrategy Incorporated (NASDAQ:MSTR) is trading at an astonishing 256% premium to the net asset value (NAV) of its Bitcoin (CRYPTO: BTC) holdings, according to research conducted by BitMEX. The analysis highlights the extreme valuation disparity between MicroStrategy's current market capitalization, driven by its aggressive Bitcoin acquisition strategy, and the actual value of the Bitcoin it holds.

Crypto has all sorts of stories we hope are really true.

As Bitcoin's value increases, it significantly impacts the crypto gaming sector, including market growth, security enhancements, and the rising value of digital assets.

A massive Ethereum whale that accumulated nearly 400,000 ETH when the second-largest cryptocurrency by market capitalization was trading at around $6 per token has recently restarted selling. According to data shared by on-chain analysis firm Lookonchain, the whale accumulated a total of 398,889 ETH for around $2.

Cancer-focused biotech Anixa Biosciences announced plans to invest in Bitcoin to strengthen its financial strategy and enhance shareholder value. The San Jose-based biotech firm stated in a Nov.

There's been a raging debate on Twitter/X this last week about the value of holding your private keys in Bitcoin.

Several indicators point to an imminent bullish breakout for Ethereum price in the near term as Bitcoin price approaches a major psychological target of $100K.

Bitcoin surged by over 40% in November of 2024 so far, reaching a historic monthly close and a new all-time high.

Bitcoin is treading a fine line near the coveted $100,000, keeping traders on edge as the market teeters between a breakout or a correction. Bitcoin Currently priced at $98,500 to $98,750 over the last hour, bitcoin (BTC) is navigating a complex market terrain defined by psychological resistance at $100,000 and a well-established support zone below.

This move highlights institutional confidence in Bitcoin's long-term potential and could reduce circulating supply, driving bullish sentiment.

On-chain data shows Bitcoin has recently surpassed a level of the Market Value to Realized Value (MVRV) Ratio that has historically signaled overheated conditions. Bitcoin Has Surpassed Highest MVRV Deviation Pricing Band In its latest weekly report, the on-chain analytics firm Glassnode has discussed about how Bitcoin is looking right now from the perspective of a pricing model based on the MVRV Ratio.

Cathie Wood, CEO of ARK Invest, has shared her insights on the potential impact of a Trump administration on Bitcoin (CRYPTO: BTC) and decentralized finance (DeFi). Wood believes that the administration could bring much-needed “regulatory clarity” to the fintech sector, particularly if Gary Gensler steps down from his position.

Cardano (ADA), the ninth-largest cryptocurrency, is setting its sights on the $1 mark, reaching highs of $0.919 in today's trading session.

What happens when a sleeping crypto giant stirs? That's the question haunting Ethereum traders right now. A wallet that sat untouched since 2016 suddenly became active, sparking a massive selloff. With millions still at play, Ethereum's future feels a bit uncertain.

Charles Schwab, one of the American financial giants, is preparing to enter directly into the Bitcoin and crypto market.

The convertible senior notes offer holders options for cash, stock, or a mix, with a starting conversion rate tied to a $672 strike price.

Famed investor Jim Cramer continues to see upside in Bitcoin despite its massive year-to-date rally. Post-election optimism has sent Bitcoin price soaring to new highs of around $99,000 – and crypto-related stocks have rallied with it as well.

As Bitcoin (CRYPTO: BTC) rapidly approaches the $100,000 milestone, experts tell Benzinga its dominance is about to hit a crucial turning point. They attribute this rise to record-breaking trading volumes, increasing institutional adoption and a shift in investor focus toward Bitcoin as a quality asset.

A closely followed crypto analyst believes that Ethereum (ETH) is potentially on the verge of plummeting against Bitcoin (BTC). Pseudonymous analyst Altcoin Sherpa tells his 230,400 followers on the social media platform X that the low for Ethereum in its Bitcoin pair (ETH/BTC) may not yet be in as the flagship digital asset nears $100,000.

MetaMask launched its “Gas Station” feature, allowing users to complete token swaps without needing ETH or paying gas fees.

Andrew Hohns, Newmarket Capital Founder and CEO, joins CNBC's 'Squawk Box' to discuss Bitcoin approaching $100k, how merging bitcoin and credit can reduce volatility, and more.

The largest German insurance company enters the BTC accumulation strategy of the business intelligence company.

Bitcoin, the world's largest cryptocurrency, is approaching a milestone that only the most bullish of analysts predicted to see in 2024. The digital currency flew above $99,400 overnight, coming within a whisker of $100,000 for the first time in history.

Bitcoin surged to a record $99,505 early Friday, just shy of the symbolic $100,000 mark. The cryptocurrency has gained significant momentum following the election of President-elect Donald Trump, whose pro-crypto stance has invigorated the market. As of 11:10 a.m.

Bitcoin (BTC) continued towards the $100,000 mark, rising to a new all-time high of $99,314 before declining to its current level of $99,124. BTC is now up 45% since Donald Trump was announced as the winner of the US elections.

In an unprecedented event, a dormant Ethereum whale caused a stir across the broader market on Friday, heavily dumping tokens amid the hovering bullish sentiment. Recent data pointed out that the whale dumped nearly $224 million worth of tokens, raising price drop concerns among crypto enthusiasts globally.

Bitcoin's jump to $99,180 has turned heads, and Peter Schiff thinks MicroStrategy played a big role. The company, known for buying huge amounts of Bitcoin, recently raised $3 billion through convertible debt to add even more to its holdings. This move not only pushed Bitcoin's price higher but also increased MicroStrategy's stock value.

Ethereum's derivatives market is experiencing a bullish surge, with futures open interest climbing over 12% to reach an all-time high of $20.8 billion on Friday. The post Ethereum Futures Surge to $20.8B as Price Hits $3,365, Signaling Bullish Momentum: CryptoQuant appeared first on Cryptonews.

Michael Saylor's company continues its aggressive bitcoin accumulation strategy with a new major fundraising, even as its stock is undergoing a brutal correction in the markets.

Ethereum continues to hold a commanding position in the stablecoin market, maintaining 52.59% of the total stablecoin supply, despite rising competition from other blockchain networks like TRON and Solana. As the leading smart contract platform, Ethereum's dominance is evident in both the supply and turnover of stablecoins like Tether (USDT), USD Coin (USDC), and various algorithmic stablecoins.

After a sharp decline on Thursday, MicroStrategy Inc. (NASDAQ:MSTR) is showing signs of recovery in pre-market trading on Friday. What Happened: MicroStrategy experienced a 2.73% increase in pre-market trading early Friday morning, following a significant 16% drop on Thursday, according to Benzinga Pro on Friday.

As the price of Bitcoin approaches $100,000, Blackrock and Fidelity ETFs gobbled up the vast majority of the new capital.

The euro fell to its lowest level in two years and traders ramped up bets on interest-rate cuts from the European Central Bank after gauges of business activity in the bloc's two biggest economies contracted more than expected. The single currency fell almost 1% to $1.0375, the weakest since November 2022.

Bitcoin has so far continued to level up in terms of price performance, hitting new highs consistently for the past week. As a result of this, investors seem to be curious about whether it's time to secure profits or stay bullish for the next leg of the cycle.