News with the tag "why is bitcoin down"

The Bitcoin (BTC) price has plunged below $98,000, retracing from $105,000 as low as $97,750 today, marking a sudden decline of as much as -6.8%. The rapid sell-off coincides with heightened volatility across both crypto and traditional markets, with multiple factors contributing to BTC’s downward s...

Neutral in the short-term, bullish in the long-term. With that view in mind, pro traders explain that a certain “player versus player” mindset is at play in the crypto market this month.

Sellers continue to cap Bitcoin’s rallies into the intra-day highs as BTC trades in a “void between liquidity.”

Bitcoin price cooled off at the start of December, but several bullish catalysts support investors' belief that $100,000 BTC is around the corner.

The crypto market faced a significant setback today as the Bitcoin price dropped below the $93,000 threshold. After reaching an all-time high of $99,588 on Binance last Friday, the leading cryptocurrency has fallen over 6%, hitting a low of $92,326. In the past 24 hours alone, the Bitcoin price has ...

Bitcoin Price Movement and Trends: Why Bitcoin Goes Up and Down Bitcoin’s price volatility is one of the most discussed aspects of the cryptocurrency market. Investors often ask: “Why is Bitcoin going up or down?” or “What causes Bitcoin’s price movements?” Understanding these trends is essential fo...

The Bitcoin (BTC) price has experienced a significant downturn over the past 24 hours, falling below the critical $70,000 threshold. After reaching a peak of $73,620 on Tuesday, the cryptocurrency has declined by approximately 5.7%, hitting a low of $68,830 on Friday. Analysts point to several key f...

Traders agree that Bitcoin’s short-term price prospects are strongly angled toward the downside.

Over the past 24 hours, the crypto market has witnessed a severe downturn, with Bitcoin’s price tumbling down 15% to a low of $49,000 on Binance (BTC/USDT), marking a significant departure from its $70,000 high last week—a 26% crash. Similarly, Ethereum (ETH) plunged 39% from $3,400 to $2,100. This ...

A sudden crypto market nosedive has seen over $600 million in leveraged long positions wiped out, as Bitcoin, Ether and otther cryptocurrencies tumbled sharply.