Bitcoin SOPR Nears Critical Correction Level
Bitcoin’s price drops to $81,086 amid Nasdaq correlation concerns, with short-term SOPR declining and whales accumulating over 65,000 BTC in 30 days #Update #Crypto $BTC (-3) ↘
Bitcoin’s price drops to $81,086 amid Nasdaq correlation concerns, with short-term SOPR declining and whales accumulating over 65,000 BTC in 30 days #Update #Crypto $BTC (-3) ↘
Real Vision CEO Raoul Pal predicts Bitcoin’s surge as global liquidity increases, citing historical M2 correlations and technical analysis. $BTC trades at $80,703. #Update #Crypto $BTC (+3) ↗
Bitcoin’s dominance RSI hitting 70 signals an unsustainable peak, requiring a decline to 44% for altcoin market balance, says analyst Seth. $BTC at $81,500, dominance at 61%. #Update #Crypto $BTC (-3) ↘
The California Department of Financial Protection and Innovation shut down 26 crypto scam sites, uncovering $4.6M in losses, highlighting evolving fraud tactics. #Breaking #Legal (+9) ↗
@BBVA has received approval from Spain’s CNMV to offer $BTC and $ETH trading services, initially available to select users before expanding nationwide. #Update #Crypto $BTC (+6) ↗
@BlackRock CEO Larry Fink warns Trump’s nationalist policies could drive inflation, impacting US industries within six to nine months, Reuters reports. #Update #Economy (+3) ↘
InvestAnswers suggests $BTC and $SOL are in a bear trap, predicting bullish reversals with Bitcoin at $81,602 and Solana undervalued at $125. #Update #Crypto $BTC (+3) ↗
The Libertarian Party of Australia unveils a Bitcoin policy advocating for an Australian Strategic Bitcoin Reserve to hedge against inflation and promote financial autonomy. #Update #Crypto $BTC (-3) ↘
Bitcoin analyst Dave the Wave predicts BTC may have bottomed at $74,000 amid technical indicator convergence, forecasting a rise to $160,000. #Update #Crypto $BTC (+6) ↗
The Trump Administration’s Crypto Czar, David Sacks, suggests the US may increase its Bitcoin ($BTC) reserve if budget-neutral strategies are found. #Update #Crypto $BTC (+3) ↗
Bitcoin’s price dropped below $80,000 after a brief surge to $94,000 last week; analysts predict potential long-term growth to $180K by 2026. #Update #Crypto $BTC (-4) ↘
@Strategy is selling $21B in preferred stock to buy more $BTC, amid a 17% Bitcoin price drop and market correction, reinforcing its position as the largest corporate Bitcoin holder. #Breaking #Crypto $BTC (+9) ↗
@Coinbase is set to launch 24/7 futures contracts for $BTC and $ETH in the US, enhancing market accessibility and compliance with CFTC regulations. #Update #Crypto $BTC (+6) ↗
Anthony Scaramucci forecasts increased institutional and national investment in $BTC following a positive crypto-related executive order by the Trump administration. #Update #Crypto $BTC (+4) ↗