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news-imageNovember 26, 2024

Bitcoin Price Crash Not Over? Why A Decline To $89,000 Is Possible

The Bitcoin price could crash if it fails to hold key resistance levels. A crypto analyst has revealed that a decline to $89,000 was well within possibility, as sell-offs below the $100,000 mark have continued to hinder Bitcoin's price upward momentum.
Publisher: NewsBTC
Sentiment: Negative
BTC

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Positive
cover-imageBenzinga
November 26, 2024

Bitcoin Is Being Sold Into A Market With 'Ample Demand' From Institutions, Says Marathon CEO Fred Thiel

Marathon Holdings (NASDAQ:MARA) CEO, Fred Thiel believes Bitcoin (CRYPTO: BTC) will not see the volatility of the past years, citing multiple factors for his hypothesis. What Happened: In an appearance on CNBC's Street Signs show on Monday, Thiel noted that the cryptocurrency's recent momentum stems from increasing institutional interest, favourable political signals and strategic investments rather than traditional factors like the halving.

Negative
cover-imageUToday
November 26, 2024

Bitcoin (BTC) $90,000 in Danger: What's Happening?

Bitcoin has entered a critical phase as its price has fallen precipitously below $92,000 and is in danger of breaking through the $90,000 support level. After a period of steady growth during which Bitcoin almost reached $100,000, there has been a retracement.

Positive
cover-imageThe Currency Analytics
November 26, 2024

UK Urged to Establish Bitcoin Reserve Amid Global Digital Finance Evolution

The United Kingdom is being encouraged to adopt a forward-thinking approach by creating a national Bitcoin reserve, inspired by recent cryptocurrency initiatives in the United States. This proposal, championed by Nigel Green, CEO of Devere Group, highlights Bitcoin's potential to secure the UK's position in an increasingly digital global economy.

Negative
cover-imageBitcoin
November 26, 2024

Swan Bitcoin Files Lawsuit Against Its Own Lawyers

Swan Bitcoin is suing its law firm for attempting to withdraw from a trade secrets case due to a conflict of interest with another client. Misappropriated Trade Secrets Cryptocurrency financial services firm Swan Bitcoin has filed a lawsuit against its own legal representative, Gibson, Dunn & Crutcher, alleging legal malpractice.

Negative
cover-imageProactive Investors
November 26, 2024

Bitcoin retreats: Has the banana zone reached expiration date?

Bitcoin (BTC)'s extraordinary rally following pro-crypto president-elect Donald Trump's victory in the US presidential election has seemingly become a bit too ripe for the market to handle. In other words, the world's largest cryptocurrency is in reversal mode following last week's all-time high.

Negative
cover-imageCoingape
November 26, 2024

Bitcoin Price Crashes 8%, Will BTC Recover?

After approaching $99,690 on November 22, BTC extended the weekend crash, leading to a 7.09% correction in total. As a result, Bitcoin formed a potential swing low at $92,620 on Monday and is not attempting a pullback.

Negative
cover-imageCrypto Economy
November 26, 2024

Crypto Market Plummets – Bitcoin Falls to $92K

TL;DR The crypto market has experienced a significant downturn, with Bitcoin (BTC) dropping to approximately $92,000, raising concerns about short-term stability and future prospects. Factors behind the decline include a broader market correction, the Federal Reserve's decision to maintain interest rates, and geopolitical tensions leading to a flight to safety.

Positive
cover-imageThe Currency Analytics
November 26, 2024

Michael Saylor Champions Strategic Bitcoin Reserve, Drawing Parallels to Historic U.S. Acquisitions

Michael Saylor, the executive chairman of Microstrategy and a staunch advocate for Bitcoin, is urging the United States to adopt a strategic bitcoin reserve. In a post on social media platform X (formerly Twitter), Saylor argued that such a reserve could transform America's financial landscape, drawing parallels with some of the most lucrative acquisitions in U.S. history.

Negative
cover-imageBitcoinist
November 26, 2024

Bitcoin Price Crashes Below $93,000: Top 3 Reasons

The crypto market faced a significant setback today as the Bitcoin price dropped below the $93,000 threshold. After reaching an all-time high of $99,588 on Binance last Friday, the leading cryptocurrency has fallen over 6%, hitting a low of $92,326.

Positive
cover-imageBenzinga
November 26, 2024

Rumble Stock Rises In Tuesday Pre-Market After Adopting Bitcoin Treasury Strategy As BTC Retreats

Rumble Inc. (NASDAQ:RUM) saw a 5.75% rise in pre-market trading on Tuesday, as per Benzinga Pro, following the announcement of a new Bitcoin (CRYPTO: BTC) treasury strategy. What Happened: According to an announcement made Monday, Rumble's board has approved a plan to invest a portion of its surplus cash reserves into Bitcoin, aligning with the cryptocurrency's record-breaking performance.

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