Bitcoin was down 44% from its $126,000 all-time highs as key onchain and technical indicators suggested BTC is entering the late phase of the bear market. Bitcoin (BTC) sellers resumed their activity on Thursday as the BTC price slipped below the $70,000 mark. Analysts said that Bitcoin showed signs of a bear market in its last stages, due to extreme fear and elevated realized and unrealized losses. Key takeaways: Read more
Bitcoin price traded below $90,000 as investors braced for Jerome Powell’s post-FOMC speech that could trigger volatile swings toward key BTC price levels. Bitcoin (BTC) is attempting to break the resistance at $90,000 on Wednesday, as traders expect volatile price swings before and after the US policy decision on interest rate cuts. Key takeaways: The odds of the US Federal Reserve leaving interest rates unchanged today are 100%. Read more