After reaching the long-awaited $100,000 mark, Bitcoin experienced a rapid drop, falling below $94,000 just hours later. Traders celebrated the milestone, but the excitement quickly turned to concern as nearly 6% was wiped off its value in a short sell-off. Analysts suggest that large-scale liquidations, particularly from leveraged positions, triggered this sudden decline, with over ...
Mt. Gox, the infamous cryptocurrency exchange, has transferred 27,871 Bitcoin, valued at approximately $2.8 billion, amid ongoing compensation claims from creditors. The majority of this amount, over 24,000 BTC, was sent to an undisclosed wallet while Bitcoin’s price recently hit a significant milestone of $100,000. As the exchange continues to resolve outstanding claims, it has ...
Bitcoin’s price today stands at $95,300 after a slight recovery from last week’s dip. MicroStrategy’s Michael Saylor has stressed the importance of Bitcoin as a key technological advancement that companies like Microsoft should consider. Despite a minor outflow of $136.5 million from US spot Bitcoin ETFs, optimism remains as Binance’s stablecoin reserves hit an all-time ...
Bitcoin price is showing strong signs of recovery, currently trading above $95,000. After breaking the $95,500 resistance, BTC aims for further gains, seeking to surpass the critical $98,000 level. The price is supported by the 100 hourly Simple Moving Average, indicating bullish momentum. If Bitcoin clears the $97,000 resistance, it may push towards $100,000 and ...
