Bitcoin Price Drops Below $61K as CZ Urges Calm Amid ETF Outflows and Whale Selling
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12 Articles
Bitcoin Obituaries Keep Coming—CZ Isn't Buying It
Bitcoin fell to its lowest weekly close since the second half of 2024 last week, capping a stretch that has now stripped more than 8% of its value in seven days and pulled the broader crypto market to levels not seen since early in the year. A Pattern Worth Watching The weekly relative strength index is holding higher lows even as price prints lower ones — a divergence that last appeared in the lead-up to Bitcoin’s recovery from the 2022 bear ma…
“Don’t Panic”: Binance CEO CZ Says Bitcoin Bearish Phase Won’t Last
Binance founder and former CEO Changpeng Zhao (CZ) has urged investors to remain calm, insisting that Bitcoin’s current bearish sentiment is only temporary. In a post aimed at reassuring the crypto community, CZ emphasized that market downturns are a natural part of Bitcoin’s long-term growth cycle and should not overshadow the asset’s broader trajectory. He […] The post “Don’t Panic”: Binance CEO CZ Says Bitcoin Bearish Phase Won’t Last appeare…
Bitcoin is once again facing one of the most delicate periods of 2026. The world’s largest cryptocurrency accounts for nearly $61,000, very close to the lowest levels of the current cycle, in a context marked by sustained capital outflows from the ETFs in cash, growing geopolitical tensions and renewed investor interest in the artificial intelligence sector. Although some onchain indicators suggest that Bitcoin may be undervalued compared to its…
Binance Founder CZ Says Bitcoin Not Dead Amid Price Drop - The Blockopedia
Bitcoin fell back below $61,500 on Monday, extending a punishing stretch that has erased more than 8% of its value over the past seven days. The total crypto market cap has dropped to levels not seen since early this year. Into that environment, Changpeng Zhao, the founder of Binance and one of the most followed […] The post Binance Founder CZ Says Bitcoin Not Dead Amid Price Drop appeared first on The Blockopedia.
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