Arca's CIO, Jeff Dorman, argues that Bitcoin’s weakness reflects a deeper problem with how investors define its value.
Some market analysts have suggested bitcoin could fall further, potentially hitting between $40,000 to $50,000.
The decline was exacerbated by leveraged trading, which resulted in forced liquidations speeding up the selloff.
The excitement crypto drew from the tech world is being redirected to the AI trade, which is acting like a wrecking ball to software assets.
The speculation that bitcoin would hit $200,000 in 2025 now seems like a dream. Because it was.
After briefly holding above psychologically important levels, bitcoin slipped sharply, catching many investors off guard and ...
Bitcoin price drops toward $70,000 as bearish patterns signal 37% crash risk, while whale accumulation attempts to stabilize ...
Bitcoin, meanwhile, steadied following a weekslong plunge that had sent it more than halfway below its record price set in ...
In the worst case scenario, crypto miners could go bankrupt and the metals market could plummet if bitcoin keeps falling, ...
U.S. stock futures fell Sunday, after a weekend slide by bitcoin and Friday’s massive sell-off in precious metals capped a ...
A sharp drop for Google’s parent company is yanking the U.S. stock market lower, while prices for bitcoin, silver and gold weaken.
Bitcoin fell below $70,000 for the first time since 2024 on Thursday. Some predictions say the token could fall as low as $40,000.