Bitcoin has fallen to around $70,600, marking its lowest weekly close in roughly 15 months and bringing price back to levels last seen during the first half of 2024.
Bitcoin briefly dipped below the $72,000 level during the latest wave of selling before staging a quick rebound back above $73,000, offering a short-lived sense of stability in an otherwise fragile market.
The crypto market remains under heavy pressure as selling accelerates across both majors and altcoins, extending the recent downturn and keeping sentiment firmly in risk-off mode.
Bitcoin is trading around $73,700 at the time of writing, remaining under pressure as bearish sentiment continues to dominate the market.
Crypto markets remain under heavy pressure as risk appetite deteriorates further, with Bitcoin slipping back below the $74,000 level amid broad-based selling across majors and altcoins.
Binance has stepped in as Bitcoin slid to multi-month lows, completing another major conversion for its SAFU insurance fund during a period of heavy market stress.
Crypto markets remain under pressure, but fresh ETF flow data shows early signs of selective stabilization beneath the surface, even as broader sentiment stays firmly risk-off.
Crypto markets remain under pressure as risk appetite stays muted, with sentiment indicators flashing persistent caution across digital assets.
Michael Burry has issued a fresh warning on Bitcoin, arguing that the current downturn risks turning into a self-reinforcing collapse rather than a routine correction.
Strategy has quietly moved beyond being just another corporate Bitcoin holder. With 713,502 BTC on its balance sheet, the company now controls about 3.6% of Bitcoin’s total supply.
Bitcoin briefly slid below the $73,000 level, shaking an already fragile market and reigniting debate over whether the current pullback is just another mid-cycle scare or something more structurally concerning.
The crypto market sell-off deepened on Tuesday, with altcoins taking the brunt of the pressure as investors rotated aggressively into traditional safe havens.
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