Bitcoin News·
This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week with a comment on each story. Bitcoin capitulated below its 200-week moving average with […]
Read full articleThe US Bitcoin spot ETF market has carried its bearish momentum into June, recording substantial capital withdrawals during the first trading week of the month. The latest outflows come after a difficult May, as investor sentiment around Bitcoin continues to worsen amid strong macroeconomic uncertainty. Related Reading: Bitcoin Drops To $59,000 For First Time Since […]
Bitcoin’s recent correction continues to shake market confidence, with the premier cryptocurrency enduring an intense selling pressure over the past several weeks. Since May 15, Bitcoin has steadily declined by 26.8%, with price now trading around the cycle bottom at $60,000. Despite the ongoing market weakness, it appears the latest decline may have pushed Bitcoin into one of its most attractive accumulation zones in years. Related Reading: Ethereum Golden Triangle Survives As Structure Remains Unbroken, This Target Says $10,000 Is Coming Power Law Model Produces Rare Bitcoin Undervaluation In a recent post on X, popular market analyst Darkfost highlighted a significant development in Bitcoin’s long-term valuation metrics. According to the analyst, the digital asset has now fallen into an extreme undervaluation zone based on the widely followed Bitcoin Power Law model. For context, the Power Law model is a long-term valuation framework that tracks Bitcoin’s growth trajectory. Rather t
AIMCo's investment in Strategy shares signals a shift in institutional strategies, potentially influencing other Canadian entities to explore indirect crypto exposure. The post Alberta Investment Management Corp holds $160M in Strategy shares, marking first Bitcoin-linked bet by a Canadian province appeared first on Crypto Briefing.
Zcash faces pressure after an Orchard bug raised supply doubts, while David Schwartz says unmoved coins can remain safe in isolated pools.
LAB, H, and BEAT are today's top gainers, having surged by double digits.
Bitcoin price weakness and rising open interest point to crowded leverage as traders watch for liquidations, squeeze risk, and key support.
The strong jobs data highlights the interconnectedness of crypto and traditional markets, as rate hike fears trigger widespread asset repricing. The post US stocks plunge as strong jobs data fuels rate hike fears, dragging Bitcoin below $62K appeared first on Crypto Briefing.
