Bitcoin, For the First Time
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Ecoinometrics warned in a recent report that the closer bitcoin's price stays to the $100,000 level, the greater the risk of a feedback loop emerging, where price weakness triggers outflows from bitcoin ETFs, which in turn puts additional downward pressure on the spot price.
If Bitcoin reaches $1 million, its total market value would be near that of gold and the U.S. GDP. Early adopters and long-term believers would
Bitcoin (BTC) bears extended the sell-side activity into the European Trading session on Tuesday as the drop to $104,000 resulted in a large liquidation of leveraged positions across the crypto market.
Price of largest cryptocurrency briefly falls below $100,000 threshold for first time in 4 months - Anadolu Ajansı
Despite signs of stabilization, with TON consolidating in a narrow range, momentum remains fragile, and a break below $1.87 could lead to further losses.
High liquidations characterized Crypto’s struggle as traders’ macro bets unraveled. Data from monitoring resource CoinGlass indicates that 24-hour liquidations reached over $1.1 billion at the time of writing. Commenting on the outlook, market participants had differing views.
Bitcoin nears $115,000 as ETF inflows and whale accumulation hint at a November breakout despite global economic pressure.
Overview Bitcoin at $1 million would rival Gold and challenge Sovereign Bonds as a major global store of value.Institutional adoption through ETFs and Bitcoin E
Bitcoin unrealized losses reached nearly one-third of the supply, even before BTC price fell to multimonth lows below $100,000. Bitcoin struggles to recoup losses that sparked multimonth lows under $100,000. Traders hope that whales will push the market higher to neutralize late shorts.