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.

​​MicroStrategy's $5.4 billion Bitcoin purchase boosts holdings but puts pressure on MSTR stock performance.

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.

The growing network activity is a promising sign for Bitcoin's battle toward the historic $100,000 mark, which was just $200 away on Nov. 22.

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.

Many of the roles in the crypto industry didn't exist a decade ago, and even more new roles will continue to emerge.

Bitcoin's price swings, fueled by liquidations, raise questions about short-term volatility and support levels.

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.

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.

In the latest X post, Samson Mow, the CEO of JAN3 and a renowned Bitcoin maximalist has issued a message to his followers amidst a recent Bitcoin crash in the last 24 hours. He asked his followers to enjoy the Bitcoin Black Friday sale.

Is Solana quietly stealing the show while Bitcoin registers a record high?

Bitcoin's price movements on Nov. 26, 2024, paint a clear picture of bearish momentum in the short- and mid-term, with a pivotal support zone at $92,000 under close scrutiny. Bitcoin On the 1-hour chart, bitcoin‘s descent is evident, marked by a consistent pattern of lower highs and lows.

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.

Billionaire Hedge-Fund Manager Paul Tudor Jones Is Buying Bitcoin Hand Over Fist (but Not for the Reason You Think)

Long-term investors have sold almost 550,000 BTC, almost 4% of their holdings. Last week, one-day profit-taking touched a record high in dollar terms, more than $10.5 billion.

Bitcoin and crypto prices have crashed following their huge rally on the back of Donald Trump's U.S.

The latest filing comes as another asset manager prepares to file for an XRP ETF.

Veteran Wall Street investor Warren Buffett is known for his unabashed takes on cryptocurrencies and has never shied away from voicing his disapproval in the harshest terms possible. What happened: Buffett has made Berkshire Hathaway into one of the world's most valuable corporations through a succession of acquisitions and investments over the years, becoming one of the most followed stock investors globally.

The world's largest cryptocurrency by market capitalization was trading down 6.2% at a price of $92,446.38 as of 5:55 a.m. ET, according to CoinGecko data.

Bitcoin has risen by 6% in the past 24 hours, dropping to $92,368 as the crypto market suffers a 7% decline today. The post Bitcoin Drops To $92.8k, Crypto Market Cap Is Down 6%. Time To Buy The Dip? appeared first on Cryptonews.

Babylon Labs and Lombard Protocol have jointly unveiled a strategic initiative aimed at integrating Bitcoin with Sui, the Layer 1 blockchain and smart contract platform. This collaboration seeks to onboard bitcoin liquidity into the Sui ecosystem, enhancing decentralized finance (defi) with LBTC as a core collateral asset.

Charles Hoskinson, the prominent crypto entrepreneur behind Cardano, has said he wants to add decentralized finance (DeFi) features to Bitcoin. Looking back on his long history with Bitcoin and its foundational code, Hoskinson described his renewed focus on the cryptocurrency, viewing it as a chance to revisit its design and expand its potential.

Bitcoin is witnessing a surge of on-chain activity, with daily active addresses nearing 1 million, data indicates.

On November 22, the Bitcoin market was at an all-time high of $98,975.79. Since then, the Bitcoin price has sharply dropped by around 6.16%. Interestingly, during the same period, certain Altcoins, including Ethereum, Sand and XLM, have witnessed growth. Importantly, the Altcoin market cap has slightly climbed by 2.38% during this period.

MicroStrategy's bold strategy of accumulating Bitcoin (BTC) has made it a key player in the cryptocurrency market. Learn how the company's approach has intertwined traditional finance with digital assets.

Bitcoin is currently testing levels below the crucial $95k mark and is down by more than 4% in the last 24 hours. In the meanwhile, PlanC (@TheRealPlanC) shared a bold prediction about MicroStrategy's Bitcoin accumulation strategy, suggesting that the company could hold over 1 million Bitcoins by January 1, 2030.

The Bitcoin ($BTC) reversal just got deeper. At one point as low as $92,350, the $BTC price is currently hovering just above this.

Onchain data reveals that ETF flows haven't been the primary causes of sell pressure for Bitcoin.

As Bitcoin cools, altcoins remain hot, with investors and traders loading up in what could be the precursor to altseason.

Despite Bitcoin's 5.24% drop to $93,000, traders are actively discussing and investing in altcoins like The Sandbox (SAND), Stellar (XLM), and Ethereum (ETH).

iShares Bitcoin Trust (IBIT) drops 4.5% as institutional investors adjust holdings amid Bitcoin volatility.

Last week Bitcoin hit a record high of $99,600, but now it has dropped back to $93,637. After a big 40% rise over the last three weeks, fueled by Trump's election win, everyone is wondering what will happen next.

Swan Bitcoin filed a malpractice lawsuit against its former legal counsel, Gibson, Dunn & Crutcher, and accused the firm of prioritizing Tether's interests over its own.

Spot Bitcoin ETFs saw their steepest single-day outflows since Trump's election win, signaling market jitters.

Spot Bitcoin ETFs saw their steepest single day of outflows since Trump's election win, signaling market jitters.

As of November 25, Bitcoin spot ETFs collectively hold $102.23 billion in net assets, with a cumulative inflow of $30.40 billion.

Bitcoin's price dropped below $93,000 due to Trump's new tariff announcements and upcoming options expiry, while institutional buyers continue accumulating despite market turbulence.

The board of directors at Rumble approved a corporate treasury diversification into Bitcoin of upto $20 million.

Online video platform Rumble and Canadian wellness company Jiva Technologies have joined the growing number of firms adopting Bitcoin as part of their corporate treasury strategy this year. Their decisions reflect a broader trend of institutional interest in the top crypto as businesses seek alternatives to traditional financial assets.

Bitcoin dropped to $93,000 amid $438 million in ETF outflows and $550 million in liquidations, while MicroStrategy added $5.4 billion worth of BTC to its holdings, highlighting the market's complex institutional dynamics.

Samson Mow, renowned Bitcoin maximalist and JAN3 chief executive officer, has addressed his army of followers to remind them that after the Bitcoin crash in the last 24 hours, there is now a “Black Friday sale” for BTC.

Due to Ethereum's ability to withstand the decline of Bitcoin, there is conjecture afoot that a shift toward altcoins, specifically ETH, is imminent. As Bitcoin struggles to maintain momentum near the $100,000 mark, Ethereum's price movement is attracting attention as it is currently trading above $3,400.

Rumble Approves $20 Million Bitcoin Treasury Investment Plan

Bitcoin dropped to $93K with $553M in liquidations, mostly from long positions. Spot Bitcoin ETFs faced $435M in outflows, except BlackRock's IBIT.

In the last few days, there have been big changes in crypto land. In just 24 hours, more than $550 million was liquidated.

Bitcoin investment products experienced a surge in net inflows, reaching $3.12 billion between Nov. 18 and 22, according to CoinShares.

XRP price has captured significant attention this month, rallying beyond $1.4 and securing impressive market momentum. The cryptocurrency's value has surged over 177%, driven by broader market gains and renewed investor interest.