NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins.
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Ethereum is still struggling after the initial market crash on October 10 that rocked the market. The subsequent market declines have pushed the largest altcoin by market cap toward $3,000, breaking below it for the first time at the start of the week. With the price looking to find support, there is the possibility of a dead count bounce happening that could see the price rise by more than 10%....
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Michael Saylor’s Strategy, formerly known as MicroStrategy, has found itself significantly exposed to the ongoing downturn in the cryptocurrency market, which has seen more than $1 trillion in total market capitalization wiped out over the past month. As the largest public holder of Bitcoin, with over 650,000 coins, the company is now facing the real threat of being removed from major...
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Data shows the Bitcoin Mayer Multiple has declined to the lower bound of its range recently, which suggests a slowdown in momentum for BTC. Bitcoin Mayer Multiple Is Now Retesting Its Lower Bound As explained by on-chain analytics firm Glassnode in a new post on X, the Bitcoin Mayer Multiple has retraced to the lower bound of its long-term range. The “Mayer Multiple” refers to an...
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Bitcoin (BTC) experienced a slight rebound after reaching a near eight-month low of $87,500 on Wednesday. By Thursday, the leading crypto surged back toward $90,000. However, market expert Leshka warns that this brief increase may signal only the start of a new distribution phase for Bitcoin, as selling pressure continues to build. Possible Bottom Between $40,700 And $47,500 In a recent post on...
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A recent report discussed how Digital Asset Treasury (DAT) companies like BitMine and Strategy are sitting on billions of dollars of unrealized profits as Ethereum (ETH) and Bitcoin (BTC) lose crucial support levels. Related Reading: This Altcoin Soars 20% In One Day Following Major Saudi Arabia Partnership DATs To Face ‘Increasing Scrutiny’ On Thursday, crypto insights company 10x Research...
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On-chain analytics firm CryptoQuant has revealed how selling from US Bitcoin investors has dominated during the recent market downturn. Bitcoin Coinbase Premium Gap Points To US Selloff In a new thread on X, CryptoQuant has talked about some key pieces of data related to the US-dominated Bitcoin selloff. The first indicator that CryptoQuant has shared is the “Coinbase Premium Gap,”...
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Dogecoin started a fresh decline below the $0.1550 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.1560. DOGE price started a fresh decline below the $0.150 level. The price is trading below the $0.150 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.1550 on the hourly chart of the DOGE/USD...
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Ryan Rasmussen, Head of Research at Bitwise, used a Yahoo Finance appearance to restate Bitwise’s view that Bitcoin is headed to $200,000 in 2026, while simultaneously characterizing the current sell-off as a maturing-market shakeout rather than a trend break. Is The Bottom In For Bitcoin? He opened with a near-term assessment that “we’re closer to the bottom here today than we have been...
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XRP price started a fresh decline below $2.050. The price is now struggling and faces resistance near the $2.050 pivot level. XRP price started a fresh decline below the $2.050 zone. The price is now trading below $2.050 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2.080 on the hourly chart of the XRP/USD pair (data source from Kraken). The...
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Ethereum price failed to stay above $3,000 and tested $2,770. ETH is now attempting to recover but faces resistance near $2,880. Ethereum started a fresh decline after it failed to stay above $3,000. The price is trading below $3,000 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,050 on the hourly chart of ETH/USD (data feed via Kraken)....