‘Stop Chasing a Ghost:’ Analyst Claims the Bitcoin Adoption-Fueled Trade Is Dead

Bitcoin (BTC) ranged below $82,000 into Friday’s Wall Street open as stock markets slid further on AI financing concerns.Key points:Bitcoin struggled to rebound after falling more than 3%...

Key TakeawaysBitcoin slipped to about $80,698 on Oct. 24, below its 50-day average near $81,784.Coinglass-tracked liquidations hit $495.74M in 24 hours, with $318M coming from long positions.The Oct....

Bitcoin (BTC) saw a fresh dip below $81,000 after Friday’s Wall Street open as Brent crude oil set new seven-month highs.Key points:Bitcoin briefly dropped below $81,000 at the...

Key TakeawaysIsrael’s prime minister has directed officials to explore cryptocurrencies and blockchain technology to circumvent potential international banking sanctions.The initiative comes amid growing international pressure on Israel, with...

Thursday’s withdrawals ended a three-day inflow streak and left US spot Bitcoin ETFs with $175 million in net outflows for October. Source link