Bitcoin plunges 10.7% to $86K, triggering massive liquidations. Global economic concerns and regulatory setbacks weigh on sentiment, but long-term demand could rise.
A mix of factors, including the Bybit hack, investment outflows, and key resistance levels, has pushed the crypto market lower.
President Trump vowed to make America the global crypto leader, ending Biden-era policies he claims stifled innovation.
Reports of a $1.5 billion Bybit security breach triggered a rapid Bitcoin sell-off, wiping $70B from the crypto market in minutes. Bybit’s CEO confirmed the incident but assured user funds remain secure.
Bitcoin holds above $98K, signaling a potential breakout. Traders eye $108K as the next target, with macro trends and risk-asset rallies supporting bullish momentum.
President Donald Trump celebrates his administration’s pro-crypto achievements, including Bitcoin’s record highs, regulatory changes, and plans for a national Bitcoin reserve.
Analysts predict no bear market in 2025, suggesting Bitcoin can drop to $77,000 yet remain firmly in a bull trend.
Elon Musk doubts the U.S. gold reserve remains in Fort Knox. Senator Mike Lee’s inspections are refused, prompting Michael Saylor to suggest Bitcoin as a transparent alternative.
Bitcoin remains rangebound amid short squeeze hopes, cautious Fed updates, bearish exchange flows, and strong demand fueling bull market signals.
Bitcoin remains slightly down as crypto markets see red. Michael Saylor urges network support via long-term holding amid ongoing uncertainty.
Bitcoin faces pressure from significant spot ETF outflows but stays above the $95,000 support. Retail holders and institutional buyers remain active, keeping bullish momentum in play.
With over 95% of Bitcoin mined and U.S. President Trump backing a Strategic Bitcoin Reserve, demand is set to surge. Institutions and whales continue accumulating, fueling expectations of a bullish February.