Strive raises $8.1M daily despite 50% Bitcoin bear market

Data shows the sentiment in the cryptocurrency sector has plummeted deep into extreme fear as Bitcoin and other assets have crashed. Bitcoin Fear & Greed Index Has Dropped To A Low Of 11 The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the average sentiment present among traders in the Bitcoin and wider cryptocurrency markets. Related Reading: XRP Breaks Below Triangle—Will Drawdown Extend To $1.14? The index uses a numerical scale running from zero to hundred for representing the investor mentality. All values on this scale above 53 correspond to a sentiment of greed, while those below 47 to one of fear. The metric being between these two cutoffs naturally suggests a net neutral mentality. Besides these three main zones, there are two extreme regions called the extreme fear (25 and under) and extreme greed (above 75). Currently, the market is in the former of these two zones. As is visible above, the Bitcoin Fear & Greed Index has a value of 1

Bitcoin hovered under the $63,000 mark late June 3 after a steep selloff erased more than $1.2 billion in leveraged crypto positions during the past 24 hours. Data from Coinglass shows total liquidations reached approximately $1.12 billion over the last day, with long traders absorbing the overwhelming majority of the damage. Nearly $949 million in […]

Bitcoin price started a fresh decline below the $68,000 zone. BTC is down over 10% and might continue to move down if it dips below $62,000. Bitcoin failed to stay above $68,500 and extended losses. The price is trading below $65,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance near $65,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $65,000 and $66,500 levels. Bitcoin Price Takes A Major Hit Bitcoin price failed to stay above the $70,000 support zone. BTC remained in a bearish zone and extended losses below the $68,000 level. There was a move below the $65,000 level. The price even dipped below $63,200. A low was formed at $62,490 and the price is now showing many bearish signs. It is well below the 23.6% Fib retracement level of the downward move from the $74,070 swing high to the $62,490 low. Bitcoin is now trading below $65,000 and the 100 hourly simple moving

The drop in Bitcoin's price highlights increased market volatility and uncertainty, potentially affecting future investment and regulatory landscapes. The post Bitcoin falls below $64,000, triggers $1.1B in liquidations appeared first on Crypto Briefing.

The Bitcoin price drop signals increased market caution and uncertainty, potentially impacting investor confidence and future price recovery. The post Bitcoin crashes under $63,000 amid market volatility: WatcherGuru appeared first on Crypto Briefing.

The redemption of dormant Casascius coins highlights the impact on Bitcoin's perceived scarcity and market analytics, influencing investor strategies. The post Casascius coin redeemed after 15 years, unlocking $2M in Bitcoin appeared first on Crypto Briefing.

SpaceX has outlined plans for a record $75 billion stock market debut that would value Elon Musk’s space and AI company at about $1.77 trillion. According to a filing with the U.S. Securities and Exchange Commission, SpaceX plans to sell…

The market’s leading crypto, Bitcoin (BTC), is coming under fresh pressure as multiple warning signs converge—from heavy selling in the exchange-traded fund (ETF) complex to renewed doubt around Strategy’s long-held “never sell” narrative.  The result has been a weak session: on Wednesday, the cryptocurrency slipped below the key $66,000 level, extending a selloff that has already erased about $160 billion in overall market value this week, according to Bloomberg. $2.5M Bitcoin Sale Spooks Market Earlier in the week, Michael Saylor’s Strategy sold roughly $2.5 million worth of Bitcoin from a large holding currently valued at around $56 billion. Strategy reportedly reduced its hoard by only 32 tokens out of 843,706 coins.  Even so, analysts say the size of the sale matters less than the message it sends—especially at a time when Bitcoin has been underperforming over the past few weeks. Related Reading: Mastercard Unveils Stablecoin Settlement Support Spanning 8 Blockchains, Including Th