Bitcoin News in Nigeria

The post Bitcoin slips below $110k as Crypto Fear and Greed Index drops to 29 appeared on BitcoinEthereumNews.com. Bitcoin price has fallen below $110,000, as it barely hangs on above $109,000. This drop coincides with the Crypto Fear and Greed Index falling to 29, as it inches closer to Extreme Fear territory. Summary Crypto Fear and Greed Index has fallen by 16 points in the past 24 hours to 29. This indicates that the market has officially entered a state of Fear as it nears Extreme Fear territory. Bitcoin has declined by 2.1%, falling below the $110,000 threshold by around $109,399. BTC could see a swift rebound if it manages to surpass the 30-day moving average at $109,526, which could open the door for a retest of the $109,700 to $109,800 zone. According to data from CoinGlass, the Crypto Fear and Greed Index has dropped by 16 points compared to the previous day as Bitcoin continues its precipitous decline. The index indicates that the crypto market is currently in a state of Fear after witnessing a series of market liquidations and crashes of major tokens. The last time the Crypto Fear and Greed Index fell into Extreme Fear territory was in April 2025 as well as in mid-February 2025, right after President Donald Trump introduces ‘Liberation Day’ blanket tariffs that shook up the crypto market. As of 26 Sept., the overall crypto market cap has decreased by 2%, stabilizing at around $3.8 trillion. So far, it has yet to recover from the mass liquidations earlier this week, when it fell below $4 trillion due to a series of long positions liquidating. Both Bitcoin (BTC) and Ethereum (ETH) have experienced drops ranging around the 2% level. Ethereum has once again fallen under the $4,000, while Bitcoin has taken a heavy hit and slipped below $110,000. At press time, the largest cryptocurrency by market cap has managed to maintain its…

The post Millionaire Raoul Pal Explains Why Bitcoin Isn’t at $200,000 Yet and Predicts When the Next Rally Will Begin appeared on BitcoinEthereumNews.com. Raoul Pal, founder of Global Macro Investor, highlighted a frequently shared chart in the market that shows Bitcoin (BTC) has been moving in parallel with the global M2 money supply for a long time. The model in question revealed that Bitcoin follows M2 changes with a delay of approximately 12 weeks and predicted that if this correlation continues, BTC could reach $200,000 by the end of 2025. However, Pal argued that this relationship broke down starting July 16th. While global M2 continued to expand, Bitcoin traded sideways throughout the summer. According to Pal, this was not due to the model’s obsolescence, but rather to the liquidity tightening measures implemented by the US Treasury Department through the Treasury General Account (TGA). The NPL is the US government’s main operating account at the Federal Reserve, where tax revenues, bond sales, and other cash flows are collected and used to cover federal spending. Pal noted that the Treasury has refilled the NPL by issuing approximately $500 billion worth of bonds since July, bringing the balance to a multi-year high of approximately $800 billion. This liquidity drain has depressed cryptocurrencies the most among risk assets. Pal predicts that the TGA has now strengthened sufficiently that the liquidity drawdown will be completely over by the end of the month. He argues that Bitcoin could re-enter its M2-driven upward trajectory once market conditions return to normal. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/millionaire-raoul-pal-explains-why-bitcoin-isnt-at-200000-yet-and-predicts-when-the-next-rally-will-begin/

TLDR Bitcoin has fallen to a four-week low of $108,700, dropping below key support at $112,000 Long-term holders have realized 3.4 million Bitcoin in profit, potentially signaling market “exhaustion” ETF inflows have slowed following the Federal Reserve’s recent rate cut Some Bitcoin holders have begun selling at a loss, with the Spent Output Profit Ratio [...] The post Bitcoin (BTC) Price: Market Exhaustion Takes Hold After $1.5B Liquidation Wave appeared first on Blockonomi.

The post Bitcoin Price (BTC) Tumbles Below $109K appeared on BitcoinEthereumNews.com. A rough early session for crypto markets took a turn for the worse in U.S. afternoon hours Thursday, with BTC$109,410.09 tumbling below $109,000, its weakest price in nearly a month. ETH$3,952.13 plummeted 8% through the past 24 hours rapidly approaching $3,800, erasing gains since early August. It’s now has lost 22% since its record highs last month. SOL$195.97, changing hands above $250 only two weeks ago, plunged below $200, down another 8% today. The CoinDesk 20 Index was down 6%. The sharp move lower across the board triggered a widespread leverage flush on derivatives markets, liquidating over $1.1 billion worth of leveraged trading positions, CoinGlass data shows. Ether led liquidations with over $400 million long positions, or bets on higher prices, being wiped out, followed by bitcoin’s $265 million. Crypto liquidations over the past 24 hours (CoinGlass) Crypto equities also took a hit. Michael Saylor’s Strategy (MSTR), the largest corporate owner of BTC, sunk as much as 10% during the session to five-month low. The stock, which is often seen as a leveraged bet on bitcoin’s price, gave up all of this year’s gains and is now 1.5% down year-to-date, while BTC is still holding on 16% advance during the same period. Ether treasury firms Bitmine (BMNR) and Sharplink Gaming (SBET) were down 7%-8%,as were bitcoin miners MARA Holdings. (MARA) and Riot Platforms (RIOT). With Thursday’s nosedive, BTC is now on the brink of taking out the lows of late August-early September, when it bottomed just above $107,000. That price level could serve as support at least for a bounce, with order books also showing a liquidity cluster which could absorb selling pressure, CoinDesk reported on a Hyblock Capital analysis. Read more: Here Are the 3 Make-Or-Break Bitcoin Price Floors as BTC Sell-off Gathers Steam Source: https://www.coindesk.com/markets/2025/09/25/crypto-liquidations-top-usd1b-as-bitcoin-ether-solana-selloffs-worsen

  SEC approves Hashdex ETF expansion to include XRP and SOL, diversifying its portfolio alongside BTC and ETH for investors.   The U.S. Securities and Exchange Commission (SEC) has approved the expansion of Hashdex’s Nasdaq Crypto Index ETF. The approval now allows the fund to include XRP and Solana (SOL) alongside Bitcoin (BTC) and Ethereum […] The post SEC Approves Hashdex ETF with XRP and SOL Included in Index appeared first on Live Bitcoin News.

Ohio’s crypto push and RedotPay’s $47M raise fuel optimism – Bitcoin price prediction hints at a rebound toward $117K resistance. The post Bitcoin Price Prediction: Ohio Crypto Payments and $47M Stablecoin Boost Fuel BTC’s Long-Term Outlook appeared first on Cryptonews.

Datavault AI Inc. (NASDAQ: DVLT) shares ripped higher in Thursday's after-hours trading after securing $150 million investment in Bitcoin (CRYPTO: BTC) to build a supercomputer. read more

PANews reported on September 26th that according to SoSoValue data, the crypto market saw a broad decline today, impacted by a significant upward revision of US Q2 GDP to 3.8% and diminished expectations of interest rate cuts. Bitcoin (BTC) fell 2.63% in the 24-hour period, falling below $110,000, while Ethereum (ETH) dropped 3.72% to around $3,800. DeFi led the decline, with Aster (ASTER) plummeting 21.05%. Layer2 fell 3.51%, with Linea (LINEA) down 6.99%. PayFi fell 4.06%, with XRP down 4.83%. CeFi fell 4.37%, but OKB bucked the trend with a 5.72% gain. Meme fell 4.69%, with MemeCore (M) down 6.94%. Layer1 fell 4.69%, with Avalanche (AVAX) plummeting 11.61%.

The post Market Prophet Timothy Peterson Shares Two Predictions for the BTC Price, Gives a Date – “$200,000…” appeared on BitcoinEthereumNews.com. Cryptocurrency analyst Timothy Peterson has made some striking predictions about the price of Bitcoin (BTC). According to Peterson, there’s a 50% chance Bitcoin will reach $200,000 by June of next year. In the chart he shared, the analyst shifted Bitcoin’s annual seasonal cycle by six months, making bull market periods more clear. Peterson argued that Bitcoin’s bull market lasts from October 11th to June 11th each year. According to Peterson, BTC would need to achieve an average monthly return of 7% to reach $200,000 by June. This would equate to an annual increase of approximately 120%. He also claimed that there’s a strong possibility of reaching a new all-time high (ATH) in early November. Peterson added a political note to his assessment, saying, “Will there be a government shutdown in the US next week? I hope so. Because markets usually rise when the government shuts down.” *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/market-prophet-timothy-peterson-shares-two-predictions-for-the-btc-price-gives-a-date-200000/