Bitcoin Live Updates

Bitcoin Faces Historic Post-Halving Slump

Bitcoin, the flagship cryptocurrency, is navigating its most lacklustre post-halving period to date. The leading cryptocurrency is currently positioned beneath the $60,000 threshold, as indicated by the data. The macroeconomic trajectory of Bitcoin has historically been dictated by its “halving” events. These events transpire approximately every four years, or every 210,000 blocks. They are viewed … Read more

Bitcoin Live News

Bitcoin Drops to $58K as ETF Outflows Hit Deadline Drama

Bitcoin’s recent pullback was not influenced by a solitary headline. Traders faced a convergence of adverse factors simultaneously: a downturn in global technology stocks, significant spot Bitcoin ETF redemptions, a pronounced leverage flush, and a substantial monthly options expiry that maintained market attention on downside strike levels. The institutional flow picture exhibited a pronounced negative … Read more

Bitcoin Live Updates

The price of bitcoin plummets from $61,000 to $58,000

Bitcoin price fell to an intraday low of around $58,000 Thursday morning before making a partial recovery, as the bear market that commenced after October’s peak continues without evident signs of fatigue — and a significant long-term valuation model seems to have faltered for the first time ever. The world’s largest cryptocurrency by market cap … Read more

Bitcoin Live Updates

The price of bitcoin drops to $59,000

Bitcoin price has plummeted below $60,000, reaching levels not observed since October 2024 and wiping out months of gains in just a few days. At this time, bitcoin price trades at $59,566 — down more than 10% in 24 hours and roughly 53% off its all-time high of $126,277 set last October. The decline has … Read more

Bitcoin Live Updates

Bitcoin falls to $62,000 as chip selloff extends into day two

Bitcoin declined to approximately $62,000 on Wednesday, as a second consecutive day of significant selling in technology stocks exerted pressure on risk assets globally. The token traded around $62,546, down 2.1% over 24 hours and 4.9% on the week, sliding back toward the lower end of the range it has held all month. The selling … Read more

Bitcoin Live Updates

Bitcoin Surges Past $65,000 as ETF Outflows Decelerate

Bitcoin price climbed above $65,000 Monday morning, caught between a sixth straight week of spot ETF outflows, a hawkish Federal Reserve debut, and a U.S.-Iran peace deal that provided a temporary boost to risk assets. The increase occurred as U.S. and Iranian officials indicated advancements in peace negotiations in Switzerland, building upon the memorandum of … Read more

Bitcoin Live Updates

Bitcoin Lags Stock Gains Amid US-Iran Peace Progress

Bitcoin began the week hovering around $64,000, remaining detached from a surge in Asian equities as negotiations between the US and Iran progressed towards a potential peace agreement. The token traded around $63,996 on Monday, reflecting a decline of 0.4% over the past 24 hours and a decrease of 2.2% for the week, according to … Read more

Bitcoin Live Updates

Bitcoin Holds Near $64,000 Despite Strait of Hormuz Concerns

Bitcoin steadied near $64,000 over the weekend, recovering some of Friday’s decline, as traders assessed the initiation of US-Iran ceasefire discussions in light of a renewed threat to close the Strait of Hormuz. The token was valued at approximately $64,200 on Sunday, reflecting a 0.9% increase over the past 24 hours, yet remaining relatively unchanged … Read more

Bitcoin ETF Outflows Surge Amid Hawkish Fed Signals

US spot Bitcoin ETF flows have regained attention following a hawkish shift in the macroeconomic landscape. Flow data showed a reported net outflow from US spot Bitcoin ETFs for June 18, while market commentary regarding new Federal Reserve Chair Kevin Warsh suggested a more cautious rates environment. The outcome serves as a pertinent reminder that … Read more

Bitcoin Live Updates

Bitcoin Dips to $62K as Hawkish Fed Triggers Drop

Bitcoin price slipped below key support near $64,000 following a hawkish shift from the Federal Reserve, which negated gains associated with easing geopolitical tensions. This development places the market at risk of a deeper pullback toward the $60,000 range. The bitcoin price experienced a decline from its June 17 peak of $66,315, reaching an intraday … Read more

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