This is Bitcoin's Shallowest Bear Market—But is the Bottom In?
Bitcoin is down 50% from its all-time high in the shallowest bear market to date—but analysts caution that the bottom isn't in yet.
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The renewed conflict between Iran and Israel heightens geopolitical tensions, impacting global markets and highlighting the fragility of ceasefires. The post Iran’s Khatam al-Anbiya launches missile strikes on Israeli targets as Bitcoin slides to $63K appeared first on Crypto Briefing.
Read full articleBitcoin is down 50% from its all-time high in the shallowest bear market to date—but analysts caution that the bottom isn't in yet.
Metaplanet, Japan’s largest publicly traded Bitcoin treasury company, is considering a share repurchase program to defend and maximize its Bitcoin yield per share — a capital allocation mechanism that automatically activates when the company’s market value drops below the value of its Bitcoin holdings, a threshold it crossed in the past 24 hours as Bitcoin’s […]
Despite all the off/on ceasefires and ‘agreements’ in the Middle East conflict that have had up and down impacts on the U.S. stock market, the bear market for Bitcoin is persistent and ongoing. A quick rally above $64K could be at an end and it now remains to be seen if the next drop will take place and how bad it could be?
Institutions that bought Bitcoin at $100,000 and $125,000 are showing even greater interest now that prices have dropped to around $60,000, according to Coinbase Head of Institutional Strategy John D’Agostino. Related Reading: Coinbase–Better Deal Enables Mortgages Secured By Bitcoin And USDC He made the remarks in a recent interview with CNBC, as Bitcoin trades around […]
Coinbase strategist John D’Agostino says the world’s biggest buyers aren’t panicking over bitcoin’s slide, with sovereign wealth funds and family offices being more than “happy” to scoop up the asset at a discount. Why Institutions Aren’t Flinching at Sub-$60K Bitcoin As bitcoin tumbled toward its lowest levels of the year, John D’Agostino, Coinbase’s head of […]
The renewed conflict underscores the fragility of ceasefires and highlights potential risks to global markets if escalation intensifies. The post Israel activates missile defense as Iran launches missiles, crypto markets hold steady appeared first on Crypto Briefing.
Iran's closure of key straits heightens geopolitical tensions, disrupts global trade, and underscores crypto's role in circumventing sanctions. The post Iran fully closes Bab al-Mandab Strait after Israeli strikes, threatening global oil flows and crypto markets appeared first on Crypto Briefing.
Geopolitical tensions can significantly impact financial markets, highlighting the interconnectedness of global events and economic stability. The post Trump urges Israel and Iran to halt exchanges of fire as Bitcoin jumps 5% on ceasefire hopes appeared first on Crypto Briefing.