Bitcoin

Despite billions in realized losses and a market downturn, large Bitcoin holders (whales and sharks) are aggressively accumulating BTC. On-chain data suggests this accumulation, combined with signs of a market bottom, could signal a trend reversal.

Didi Taihuttu highlights a mix of positive adoption news from France and Argentina with concerning technical signals for Bitcoin. While major banks and countries are embracing crypto, Taihuttu warns of significant resistance and potential for a downturn, advising caution despite the bullish headlines.

The crypto market is holding steady ahead of the U.S. Federal Reserve’s key interest rate decision. Bitcoin and Ethereum are posting modest gains as investors anticipate a potential rate cut, which could drive more capital into riskier assets.

The crypto market rallied sharply, driven by a short squeeze and signals from the White House that the Federal Reserve may cut interest rates, leading to massive liquidations of short positions.

Bitcoin’s recent correction, driven by selling pressure from long-term holders, appears to have bottomed out after a 36% decline. With selling pressure easing, the market shows signs of maturing and may be poised for recovery.

Bitcoin is reclaiming the $90,000 level, sparking renewed optimism. Analysts suggest the bull market may continue as institutional demand absorbs retail selling, while Strategy (formerly MicroStrategy) reinforces confidence with a nearly $1 billion Bitcoin purchase.

Bitcoin experiences sharp volatility with double rejections, leading to market-wide losses, while Zcash surges 15%. Key US labor market data due today could influence Fed rate expectations.

Bitcoin has been rising for two weeks and reclaimed the $90,000 level, but Bitfinex analysts warn of weakening demand and the risk of a price drop, with 5 to 7 million bitcoin currently in loss.

The U.S. Commodity Futures Trading Commission (CFTC) has launched a pilot program allowing Bitcoin, Ethereum, and USDC to be used as collateral for derivatives trading, a move expected to attract institutional capital back to the U.S.

A new US labor market indicator is shifting towards neutral, signaling a potential economic cooldown. This could trigger short-term risk-off pressure on Bitcoin, but may pave the way for Federal Reserve easing, which could be beneficial in the medium term.