Galaxy Digital Tops Quant-Rated Crypto Stocks as Bitcoin Slips (IBIT:NASDAQ)

Galaxy Digital tops quant-rated crypto stocks as bitcoin slips (IBIT:NASDAQ)

Bitcoin and crypto-linked stocks slide amid Middle East tensions and ETF outflows.

Bitcoin Implodes 15% In 1 Week To $62,000: What Is Going On With BTC?

Bitcoin's (CRYPTO: BTC) has imploded 15% over the past week, plunging below $62,000 in early morning hours Thursday. Yet, macro investor Raoul Pal says this is not the start of a bear market but rather another painful correction within a broader bull cycle. "Nasty Correction In A Bull Market" Speaking on the "When Shift Happens" podcast the previous week, Pal argued that Bitcoin has historically experienced multiple 50% drawdowns during bull mar…

Bitcoin tests $62K amid Middle East tensions, market stress

Bitcoin's volatility amid geopolitical tensions highlights its sensitivity to global events, impacting investor sentiment and market stability. The post Bitcoin tests $62K amid Middle East tensions, market stress appeared first on Crypto Briefing.

Why Bitcoin price could fall below $62,000 despite oversold conditions

Bitcoin ETF outflows remain negative for 11 straight days, pressuring BTC. $749 million in liquidations have accelerated the Bitcoin price drop. RSI below 18 shows oversold conditions, but trend stays bearish. Bitcoin (BTC) has been under sustained pressure, trading around the $63,548 level after a sharp multi-week decline that has erased a large portion of its recent recovery. Notably, the BTC price decline reflects a combination of institution…

Cryptocurrency Market Remains Under Pressure as Bitcoin's Price Slides

Bitcoin hovered near $64,000 as ETF withdrawals, institutional selling, and macro uncertainty weighed on crypto markets. Analysts say support near $62,000 will be crucial for determining the market’s next move.