Bitcoin Trades Below Mining Cost for 5 Months
Bitcoin has traded below its mining cost for five months, with production costs around $78K versus a current price of $62.5K, affecting miner operations. #Update #Crypto $BTC
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Bitcoin and Ether ETFs Lose $111 Million
US spot bitcoin and ether ETFs saw outflows of $111 million as institutional interest wanes; Bitcoin funds lost $82 million and ether funds $29 million amid hawkish Fed projections. #Update #Crypto $BTC $ETH
Bitcoin ETFs Bleed Cash While Other Cryptos Gain
US spot bitcoin ETFs lost $64M on Monday, while ether, XRP, Solana, and Hyperliquid gained. Grayscale’s GBTC saw a significant outflow of $124M. #Update #Crypto $BTC
Bitcoin Faces Volatility Amid Trump Iran Warnings
The US and Iran reached an interim deal to halt hostilities, causing oil prices to drop over 4% and equities to rise. Bitcoin remains stable near $65,000 amid ongoing geopolitical tensions. #Update #Crypto $BTC
Bitcoin Volatile Above $63000 Amidst Trading
@BinanceWallet users contributed $557M to SpaceX’s IPO via onchain subscriptions, with 81% of participants investing $20K or less. SpaceX’s total demand exceeded $250B. #Update #Crypto $USDC
Bitcoin Holds Steady Amid Soft Core Inflation
Bitcoin rose 1.9% to $62,600 following a modest inflation report, while other major cryptocurrencies declined, with $ETH down 6.5% and $XRP down 7.5%. #Update #Crypto $BTC
Bitcoin Faces Headwinds from Fed Rates
@Anthropic launched Claude Fable 5, its most advanced AI model, amid plans for a confidential listing. Bitcoin trades in sync with tech stocks, reflecting AI market sentiment. #Update #Crypto $BTC
Bitcoin Dips to $62500 After Two-Day Rally
Bitcoin ($BTC) is down 1% to $62,500 amid a broader market rally, following a $36M exploit of the Humanity Protocol. U.S. inflation data is expected tomorrow. #Update #Crypto $BTC
Bitcoin Steady Above $63000 as AI Stocks Rebound
Bitcoin is steady near $63,300, up 0.8%, while ether trades at $1,691, up 1.8%; however, all major tokens remain down this week with Bitcoin off 10.8%. #Update #Crypto $BTC $ETH
Bitcoin Faces Pressure as Oil Jumps 3%
Major cryptocurrencies, including $BTC, $ETH, and $XRP, retreated from overnight highs as rising tensions between Iran and Israel coupled with a 3% oil price surge heightened risk aversion in Asian markets. #Update #Crypto $BTC
Bitcoin Plummets Below $62000 Amid Zcash Bug
Shielded Labs revealed a critical vulnerability in $ZEC’s Orchard privacy pool, risking unlimited counterfeit tokens; ZEC plummets 42% in 24 hours. #Crypto $ZEC (-8) ↘
Bitcoin Plunges Towards February $60000 Low
Bitcoin ($BTC) drops 4.5% to $69,000 after @MicroStrategy’s small BTC sale, raising concerns about forced selling in the crypto market. February’s low of $60,000 is back in play. #Update #Crypto $BTC
Bitcoin Leads Crypto Slide Despite Tech Surge
Bitcoin and ether remain in low-volatility patterns, with bitcoin’s daily range at $1,891 and ether’s at $75; a breakout above $2,400 for ether could signal institutional interest. #Update #Crypto $BTC $ETH