Story Highlights Cardano's price fails to hold its $1 mark. The ADA price records a strong bearish reversal and drops ~14% today. Technical indicators experience a bearish convergence, however, a potential bullish reversal can be expected. The cryptocurrency market has turned bearish this week with top tokens recording a significant drop in their respective portfolios.

As recent bull market sentiment begins to show its cracks and Bitcoin takes a tumble, layer-1 altcoins appear among the most resilient, with Avalanche, Polkadot, and Fantom as standouts. The post Layer 1 Altcoins Immune to Bitcoin Dip: AVAX, DOT and FTM Price Surge Despite Red Market appeared first on Cryptonews.

Bitcoin (BTC) recently brushed the $99,800 mark, making it tantalizingly close to the elusive $100,000 milestone. This achievement sparks reflection on past trends and the cryptocurrency's potential trajectory in the months and years ahead.

The Bitcoin price recently closed above the median in a bull channel, providing a bullish outlook for the flagship crypto. In line with this, crypto analyst Tony Severino provided insights into what could come next for Bitcoin.

The economist says making Bitcoin a national priority would weaken the U.S. economy, framing BTC as a misallocation of capital.

Key Points:

Crypto to Buy Now: After a notable upside rally, the overall cryptocurrency market appears to be correcting. Today, November 26, 2024, the top cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and several others have reported significant price declines.

X user @regothetrader has been buying $30 of Bitcoin ($BTC) via a “dollar cost averaging” (DCA) strategy every day since 2016. Here's how much he has now. The post A Trader Has Been Buying $30 of Bitcoin Every Day Since 2016 – Here's What He Has Today appeared first on Cryptonews.

A recent release states that Semler Scientific now has 1,570 BTC in Bitcoin reserves. The acquisition of 297 BTC for $29.1 million was made with an average price of $97,995 per BTC.

Daily active addresses of Bitcoin are approaching the 1 million mark with a prolonged increase of scale since 2021. 458K addresses brought 344k BTC above the $97,000 price level, laying a strong foundation for Bitcoin to cross the $100K mark.

Bitcoin's price plummeted to the $91K zone, marking a 7% decline from its high of $98,360. Over $687 million in crypto liquidations occurred, with BTC alone accounting for $178.25 million.

Bitcoin has been experiencing a sharp drop, breaking through several key support levels and is currently down by more than four percent. The cryptocurrency recently hit a major rejection point at $99,000 and continued to slide, reaching the next target at $92,000.

Bitcoin's recent pullback has been affected by a reduced U.S. Treasury term premium, which has impacted market sentiment, an analyst said.

In a recent statement, founder and CEO of Pantera Capital Dan Morehead predicts that Bitcoin's price could eventually reach $740,000, Bloomberg reported.

As the Bitcoin market seemed to stabilize, a thunderbolt shook the cryptosphere. The Bitcoin spot ETFs, often viewed as a barometer of institutional trends, recorded massive outflows of $438 million on November 25.

Over $6 billion worth of BTC was scooped by larger investors in November alone.

Cardano price has faced a sharp reversal, dropping nearly 21% from its highest level this month as investors took profits. Cardano (ADA) was trading at $0.92 on Tuesday, Nov.

Bitcoin's long-term holders sell 366k BTC tokens, hitting a seven-month-high.

Pantera Capital has forecasted that Bitcoin could hit $740,000 by April 2028. The firm recently announced a milestone for its Bitcoin Fund, which has achieved a remarkable 1,000x return.

Will 2025 usher in a new wave of bitcoin investors? Or could a correction kill renewed enthusiasm?

Bitcoin retail investors have yet to reach fear of missing out levels, according to Ki Young Ju, the founder and CEO of CryptoQuant.

Nasdaq-listed video-sharing and cloud services platform Rumble has announced it's allocating up to $20 million of its cash reserves to Bitcoin as its board of directors approved a “corporate treasury diversification strategy of allocating a portion of the company's excess cash reserves to Bitcoin.

Bitcoin (BTC) has retreated further from the highly anticipated $100,000 milestone, raising questions about the asset's sustainability of the current bull run.

One popular metric suggests the retail crowd hasn't arrived yet.

The leading cryptocurrency in the world, Bitcoin (BTC) has made impressive strides when it comes to adoption. Whereas in 2024, BTC is available via exchange-traded funds (ETFs), serves as a store of value and hedge against inflation, and enjoys widespread mainstream popularity, in the last decade, it was quite obscure.

Long-term Bitcoin (BTC) holders are suddenly unloading a massive amount of coins this month as the flagship crypto asset dips into the $93,000 range, according to a popular on-chain analyst.

The 12 U.S. spot bitcoin exchange-traded funds (ETFs) experienced a challenging Monday, with outflows reaching $438.38 million during the day's trading. Bitcoin ETFs Bleed $438M in a Single Day as Crypto Prices Plunge.

Rumble plans to invest up to $20M in Bitcoin, signaling growing corporate adoption of crypto.

Wen $100,000, Fam? That's a question you see on Crypto X often these days.

Stacks users can now do more with their STX tokens thanks to a partnership between Velar and Stacking DAO.

Bitcoin, the world's leading cryptocurrency, faced a sharp downturn today, with its value plunging to $92,584. This 4.6% drop from its recent high of $98,000 triggered a market-wide shakeup, leaving traders reeling as liquidations soared past $551 million.

Charles Edwards, cryptocurrency analyst and founder of the Capriole Investments fund, has taken to his account on the X social media platform (widely famous as Twitter until 2023) to share his take on the much-anticipated $100,000 level, which Bitcoin has failed to reach so far.

Bitcoin dropped to $92,000 after a profit taking pullback and global uncertainty from Trump's tariffs. Trump's crypto friendly policies are increasing investors with $7 billion invested in U.S. Bitcoin ETFs.

Bitcoin‘s (CRYPTO: BTC) sharp pullback from its record high just under $100,000 has sparked concern among traders, with Standard Chartered‘s Geoffrey Kendrick attributing the correction to several factors, including a reduction in U.S. Treasury term premium and upcoming options expirations. What Happened: According to Kendrick, the significant reduction in U.S. Treasury term premium following President-elect Donald Trump's Treasury Secretary announcement triggered Bitcoin's decline.

Outlier Ventures' Francesca Conti and BitcoinOS co-founder Edan Yago discuss the Bitcoin DeFi ecocystem and its future potential

The previous days turned out to be extremely bearish as the Bitcoin price slumped hard by close to 10% following a rise in the upward pressure. Moreover, the bearish clouds continue to hover over the BTC price rally since the early trading hours as the price continues to steadily descend.

Ethereum (ETH) price trades today at as of . Ether prices hit a daily high of today after dropping % on.

Bitcoin (BTC) stands firm at $93,257, a crucial support level that could determine its next major move. As the battle between bulls and bears intensifies, the stakes are high: a successful defense could spark renewed momentum, while a break below might trigger significant losses.

The firm announces expansion of Bitcoin mining facilities in Arkansas, Tennessee, Georgia, and Missouri. Expansion plans include building new facilities, acquiring existing mines, and forming joint ventures.

Bitcoin ETFs are making waves in the financial market, with an impressive $1 billion in inflows, positioning them as a potential contender for the title of the world's largest Bitcoin holder. As Bitcoin's price surges towards the $100,000 mark, these funds are attracting increasing investor interest, and some believe they could soon surpass the Bitcoin holdings of Satoshi Nakamoto, the cryptocurrency's mysterious creator.

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.

Dan Morehead, Pantera Capital Management founder and managing partner, joins 'Squawk Box' discuss the state of crypto, what to make of the latest crypto and bitcoin rally, impact of President-elect Trump's incoming administration on the sector, and more.

The recent decline in the price of bitcoin, reaching $92,774, has surprised many observers.

Charles Hoskinson, the CEO and founder of Cardano, said his mission was to see an ecosystem of hybrid apps powered by DeFi-enabled Bitcoin. He added that he liked the idea of Bitcoin finally having a DeFi layer and returning to innovation prominence, with Cardano playing a key role in the process.

The Bitcoin market continues to see a lot of noisy trading, and perhaps a bit of a profit taking move. At this point, it looks like we could see a bit of a drop, as the markets continue to digest all of those massive gains we have seen recently.

Microstrategy's bold move to accumulate bitcoin has drawn its share of fire from critics, largely due to the financial hazards and strategic questions it raises.

On-chain data shows the Bitcoin long-term holders have participated in a major selloff recently, a sign that may not be ideal for BTC's price.

Bitcoin's price decline over the past few days has led to a notable reduction in trading activity among US-based investors. As of this writing, the leading coin trades at $92,540, having shed 6% of its value in the past four days.