Bitcoinist Press Review

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• Bitcoin Sentiment Hits 2-Year Low As Retail Panic Continues
  Bitcoin’s price has struggled to stabilize in recent days, and the shift in sentiment surrounding the asset has become just as significant as the price movement itself. The cryptocurrency slipped further into the mid-$80,000 region this week in the middle of a downtrend that has kept buyers on the defensive.  Related Reading: Over 65 Crypto […]
• Top Bitcoin Bull Identifies Key Force Driving BTC’s Sharp Decline
  Fundstrat’s Tom Lee disclosed in a recent interview that last month’s flash event is still echoing through crypto markets, and that those ripples help explain Bitcoin’s recent slide. Related Reading: Over 65 Crypto Firms Unite In Letter To Trump: Lead Or Fall Behind According to Lee, the shock on October 10 damaged key market makers—firms […]
• Here’s Why A Supply Shock Could Be Imminent For XRP
  Crypto pundit Cobb has explained why a supply shock could be imminent for XRP. This follows the launch of two ‘33 Act XRP ETFs, including Bitwise’s fund, with more set to launch next week.  Why XRP Could Soon Witness A Supply Shock In an X post, Cobb declared that a supply shock is coming for […]
• Historic Downturn: Bitcoin Nears Worst Weekly Performance In Over A Year
  In a market renowned for its volatility, Bitcoin is currently navigating a particularly challenging period that is poised to mark an unfortunate milestone. As the trading week draws to a close, BTC is on track to post its worst weekly performance in over a year.  Will This Week Mark A Capitulation Point For Bitcoin? Bitcoin […]
• Bitcoin Weak Institutional Demand Contradicts Long-Term Accumulation — What This Means
  Bitcoin’s series of bearish swings has evidently instilled in its market participants a wave of pessimism bordering on flat-out fear. After losing almost 28% of its value this November, the flagship cryptocurrency looks set for the onset of a full bearish cycle. Interestingly, recent on-chain data has been released, which explores a few key metrics […]
• Will Strategy Be Forced To Sell Its $50B Bitcoin? Company Shares Game Plan
  Strategy, a business intelligence company founded by Michael Saylor, has released new data outlining how its Bitcoin (BTC) position holds up under current market conditions. This disclosure raises the question of whether the company could ever be forced to sell its $54.59 billion in Bitcoin holdings. Its latest internal projections, shared publicly, highlight the firm’s […]
• Crypto Funds Experience Record Outflows: Is A Bear Market Starting?
  The total crypto market cap declined by over 10% in the past week as widespread price correction continues among various digital asset classes. In particular, crypto investment funds, i.e, ETFs, have been significantly impacted by this extended price downswing, with institutional investors pulling out deposits in droves.  According to XWIN Research Japan, this development, among […]