Bitcoin News
Bitcoin falls back to $74,000, remaining on defense as AI jitters shake tech sector
AI infrastructure stocks like HUT 8, IREN, and Cipher Mining are plunging as AMD sinks 14% following fourth quarter results.
This bullish analyst on Michael Saylor's Strategy just threw in the towel on lofty price target
Canaccord's Joseph Vafi slashed his price target on the plunging bitcoin treasury company's stock by more than 60%.
January rally bolsters near-term outlook for bitcoin mining stocks, JPMorgan says
Shares of mining companies rose last month despite softer bitcoin prices as storms cut the network hashrate and AI optimism grew, the bank said.
Bitcoin nears pre-election floor as ETF flows stall, Citi says
The cryptocurrency is trading below key ETF cost levels and nearing its pre-election price floor as inflows to these vehicles fade and headwinds build, the bank said.
Bitcoin’s thinnest price zone hints at extended stay between $70,000 and $80,000
Limited historical trading activity and thin onchain supply suggest further consolidation or a retest of the lower range.
This onchain metric has identified the Bitcoin bottom every cycle
Convergence between bitcoin supply in profit and supply in loss has repeatedly coincided with major market lows.
Bitcoin's 'RSI' screams oversold. Here is what it means
Bitcoin's relative strength index has fallen below 30, signaling oversold conditions as the cryptocurrency trades near a key $73,000 to $75,000 support zone.
ETF that feasts on carnage in bitcoin-holder Strategy hits record high
Leveraged anti-strategy ETFs are booming as shares in the bitcoin holder slide.
Crypto pulls out of free fall as government shutdown ends
An unrelenting plunge in crypto prices on Tuesday has paused after the U.S. House very narrowly passed a funding package that will now head to the president's desk for signature.
Galaxy CEO Mike Novogratz doesn't see quantum as big threat for bitcoin
CEO Mike Novogratz said that the profit-taking trend among early bitcoin adopters is real, indicating weakening conviction in the "HODLing" philosophy.
