
Crypto Markets Face Pressure as Bitcoin Sentiment Weakens
The cryptocurrency market cap has fallen to $3.75 trillion amid broad declines. Bitcoin sentiment is turning bearish, with traders predicting a drop to $105K.
Alex Thornton is a financial market analyst for Wealtoro, specializing in digital assets and cryptocurrency market dynamics. He focuses on on-chain data, derivatives markets, and the macroeconomic factors influencing the crypto space.
The cryptocurrency market cap has fallen to $3.75 trillion amid broad declines. Bitcoin sentiment is turning bearish, with traders predicting a drop to $105K.
Bitcoin's price has fallen over 12% from its all-time high, dividing analysts. Some predict a drop to $60,000 based on 2021 patterns, while others see a rally to $140,000.
The crypto market cap fell to $3.75 trillion amid broad declines. A record $18B in Bitcoin options expiry is creating uncertainty, while AI-focused miners hit new highs.
Bitcoin's price fell over 5% in its largest weekly drop since March, triggering a $15 billion market deleveraging as sentiment turned sharply bearish.
The cryptocurrency market shows a split personality today, with Bitcoin dipping slightly while Ethereum and major altcoins like Solana post solid gains.
Bitcoin's price fell below $110,000, hitting a one-month low after a $1.5 billion liquidation event. Analysts are now watching key support and resistance levels.
The cryptocurrency market has declined, with Bitcoin and Ethereum falling nearly 2% amid a strengthening U.S. dollar and over $500 million in daily ETF outflows.
Bitcoin ETFs saw a strong rebound with $241 million in net inflows on September 24, reversing two days of losses. Ethereum ETFs continued to bleed funds.
The cryptocurrency market value has dropped by $162 billion, erasing September gains as investors await key U.S. inflation data that will influence Fed policy.
Cryptocurrency prices, including Bitcoin and Ethereum, fell on Thursday as investors grew cautious ahead of a key U.S. inflation report.
Solana's price has fallen more sharply than Bitcoin and Ethereum, a trend analysts link to market-wide deleveraging and over $290 million in liquidations.
Cryptocurrency ETFs saw $439 million in withdrawals on Monday, with Bitcoin funds losing $363.1 million as investors react to Federal Reserve policy signals.
Bitcoin's price falls below $111,500, testing a critical support zone and liquidating $280 million in futures, but strong spot demand persists.
The digital asset market faces significant volatility, with Bitcoin's price falling while a wave of new crypto ETFs and corporate adoption strategies pushes forward.
Bitcoin's price has fallen below $111,500, leading to a $280 million liquidation of long positions and testing a critical support zone for the digital asset.