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Will Bitcoin Fall Below $80K Today as Crypto Bulls See $1.7B Liquidations

Will Bitcoin Fall Below $80K Today as Crypto Bulls See $1.7B Liquidations

The post Will Bitcoin Fall Below $80K Today as Crypto Bulls See $1.7B Liquidations appeared on BitcoinEthereumNews.com. Bitcoin extended its November collapse on Friday, sliding below $85,000 for the first time since April as a cascade of leveraged liquidations and collapsing sentiment deepened what is shaping up to be the worst monthly drawdown since the 2022 crypto winter. BTC briefly touched $81,600 before stabilizing near $84,000, erasing its year-to-date gains and putting the market back into levels last seen before January’s ETF boom. Across major tokens, the damage is spreading quickly. Ether dropped below $2,750, down almost 14% in the past week. Solana slid over 10% in 24 hours, while XRP, BNB and Cardano all posted declines between 8-15%. In total, majors have retraced 20-35% rom their November highs, with smaller caps faring far worse. The sell-off coincides with nearly $2 billion in liquidations over the past 24 hours, CoinGlass data show. Bitcoin accounted for $964 million of that total, followed by ether at $407 million and a broad wave of forced unwinds across altcoins. Roughly 396,000 traders were liquidated, with the single largest wipeout — a $36.7 million BTC position — occurring on Hyperliquid. (CoinGlass) Conditions outside crypto are doing little to help. Global stocks have posted their worst week in seven months as doubts over extended AI-driven valuations and the Federal Reserve’s December rate-cut odds weigh on sentiment. The MSCI All Country World Index has fallen more than 3 percent this week, while U.S. tech shares remain under pressure. Treasuries caught a bid, a classic sign of capital fleeing risk. Crypto-specific flows continue to worsen. U.S.-listed bitcoin ETFs saw more than $900 million in net outflows on Thursday, their second-worst day since launching in early 2024. Open interest in perpetual futures has fallen 35% since October’s peak near $94 billion, further reducing liquidity across the board. Retail sentiment is deteriorating just as quickly. The Crypto…
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BitcoinEthereumNews2025/11/22 05:38
Federal Reserve Signals Stable Rates Amid High Inflation

Federal Reserve Signals Stable Rates Amid High Inflation

The post Federal Reserve Signals Stable Rates Amid High Inflation appeared on BitcoinEthereumNews.com. Key Points: Federal Reserve hints at maintaining interest rates due to inflation concerns. Bitcoin price fluctuates sharply in response to Fed’s suggestions. Mixed employment data influences rate policy debates at the Federal Reserve. Federal Reserve Governor Susan Collins indicated that maintaining the current interest rate is “appropriate” amid persistent inflation concerns and mixed September employment data. This stance highlights uncertainty in monetary policy, significantly influencing both traditional and digital asset markets amidst ongoing interest rate discussions within the Federal Reserve. Fed’s Interest Rate Decision and Bitcoin’s Response In a notable session, Federal Reserve officials suggested maintaining current interest rates, driven by high inflation concerns. Susan Collins emphasized this approach, citing mixed recent employment data. Market observers had anticipated such a move, given prior hawkish positions echoed within the Federal Open Market Committee (FOMC). As the decision reverberates through financial markets, Bitcoin saw significant volatility, dipping to $88,600 from $93,000. Bitcoin eventually stabilized as anticipation built around further announcements and solidified earnings reports, reaffirming its sensitivity to macroeconomic indicators. Community reactions have been varied, with some market participants expressing cautious optimism due to anticipated policy confirmations. Meanwhile, crypto forums, including those on Reddit, reflect heightened anxieties around upcoming Federal Reserve meetings. Susan Collins, President of the Federal Reserve Bank of Boston, stated, “Keeping rates unchanged for the remainder of the year is appropriate.” Historical Impact of Fed Policies on Crypto Markets Did you know? The Federal Reserve’s prior rate hesitations, dating back to 2023, have consistently caused crypto market oscillations, highlighting the intricate link between macroeconomic policies and digital asset prices. Based on CoinMarketCap data, Bitcoin (BTC) currently trades at $84,637.29 with a market cap of approximately 1.69 trillion and a dominance of 58.13%. Despite a recent 1.93% decline over 24 hours, the 30-day drop is notable at 21.61%. Bitcoin’s value…
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BitcoinEthereumNews2025/11/22 05:30
Bitcoin Death Cross Triggers Massive $800M Selloff

Bitcoin Death Cross Triggers Massive $800M Selloff

The post Bitcoin Death Cross Triggers Massive $800M Selloff appeared on BitcoinEthereumNews.com. Bitcoin has entered troubling territory after confirming a death cross pattern on its daily chart, marking a technical milestone that historically signals extended price declines. The cryptocurrency fell to $80,000 on Friday, reaching its lowest level in six months and raising concerns among traders about the strength of the current market cycle. The death cross formation occurred when Bitcoin’s 50-day simple moving average crossed below its 200-day simple moving average on November 16. This was the first such occurrence since January 2024. The pattern has preceded substantial drawdowns in previous cycles, with Bitcoin experiencing drops ranging from 64% to 71% following similar formations. Market analysts are closely monitoring the situation. Crypto analyst Mister Crypto pointed out that every Bitcoin cycle has concluded with a death cross, questioning whether the current environment would prove different from historical patterns. Key Support Levels Broken Bitcoin’s decline has breached multiple critical support levels that traders monitor for trend changes. The cryptocurrency closed below its 50-week moving average on Sunday, a development that analyst Rekt Capital identified as particularly significant for maintaining bullish market structure. BTC lower lows. Source: Rekt Capital The price action worsened as Bitcoin dropped beneath the 100-week moving average, reaching a six-month low of $80,500. Rekt Capital noted that bullish market structures become invalidated when the macro trend shifts, suggesting that Bitcoin needs to reclaim these levels promptly to restore positive momentum. The convergence of technical indicators paints a bearish picture. Bitcoin’s SuperTrend indicator recently sent a bearish signal on the weekly chart, an event that has historically marked the beginning of bear markets. This adds weight to concerns that the cryptocurrency may face extended downward pressure in the coming months. Onchain data reveals the extent of selling pressure currently hitting Bitcoin markets. Realized losses have surged above $800 million on…
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BitcoinEthereumNews2025/11/22 05:18