Bitcoin’s price has entered a correction phase after falling nearly 14% from its yearly peak. The decline could deepen as a bearish chart pattern takes shape and exchange-traded fund (ETF) outflows continue to weigh on market sentiment. Bitcoin ETF Outflows Surge as Price Correction Deepens Key Points Bitcoin Extends Losses After Sharp Correction Bitcoin’s price…
Last week brought a mixed outcome for the crypto market. Bitcoin and many altcoins slipped, but tokens like Bittensor, Ethena, Morpho, and Conflux bucked the trend with strong performances. The crypto market is bracing for potential swings this week, driven by the upcoming U.S. inflation report, China’s key political meeting (the Fourth Plenum), and renewed…
The price of Bitcoin has fallen below $105,000 for the first time since June, sparking renewed concerns among traders that a deeper correction may be ahead. The broader crypto market has lost nearly $600 billion in value over the past week, reflecting growing uncertainty and profit-taking after months of strong gains. The drop comes just…
Bitcoin U.S. spot Bitcoin exchange-traded funds (ETFs) recorded heavy outflows on Thursday, with investors pulling out $536.4 million—the largest single-day withdrawal since August 1, according to data from SoSoValue. Out of the 12 listed Bitcoin ETFs, eight funds experienced capital outflows. The biggest outflow came from Ark Invest and 21Shares’ ARKB, which lost $275.15 million,…
In a sign of growing optimism across the Solana ecosystem, DeFi Development, a well-known treasury management firm, has expanded its holdings of Solana (SOL) by nearly 5%. The company confirmed that the recent purchases were made at an average price of $110 per token, according to data from Binance. Stablecoin Uncertainty Increases as Banks Disband…
Bitcoin mining company Bitfarms Ltd. has announced that it is expanding its convertible notes offering to $500 million, a move that underscores investor confidence in the firm’s growth strategy and the broader cryptocurrency mining industry. In its official statement, Bitfarms said the additional funds will be used to strengthen its balance sheet, expand mining operations,…
Bitcoin (BTC) has slipped below a key technical indicator as the global financial market reacts to declining U.S. bond yields. The world’s largest cryptocurrency is now trading around $108,500, marking a 1.8% decline in the past 24 hours. Traders are keeping a close eye on the 200-day simple moving average (SMA)—a level widely seen as…
As of October 17, 2025, at 00:10 AM (UTC), according to Binance market data, Ethereum (ETH) is trading at $3,901, holding above the $3,900 mark despite a 2.01% decline in the past 24 hours. The small correction comes after ETH displayed strong momentum earlier this week, briefly testing higher resistance levels. Analysts say the pullback…
Binance has launched a $400 million rescue plan to help stabilize the crypto market and rebuild investor confidence. The initiative includes a strong relief and liquidity campaign aimed at supporting both retail and institutional investors after recent heavy sell-offs. Through this move, Binance hopes to restore trust and bring much-needed stability to the digital asset…
After one of the biggest liquidation waves in recent times, triggered by last week’s sharp deleveraging across crypto derivatives, research firm K33 says the market is now moving into a healthier phase. In its latest report, Vetle Lunde, Head of Research at K33, said that while investors should remain patient, the recent reset is actually…