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1 day ago
If you had purchased bitcoin at the market close on Dec. 10, you would’ve paid $92,020.95. As of the market close one week later, on Dec. 17, it was worth $86,143.76. So your investment would’ve declined by $5,877.19, or about 6.4%.
Does this mean that bitcoin is a bad investment? Or that it’s too late to get in on the big gains? That may not be the case. But cryptocurrency is not an investment for the faint of heart. Let’s take a look at the history of bitcoin and its historical performance as an investment.
Bitcoin launched in 2009, making it older than many people realize. By 2011, bitcoi
Does this mean that bitcoin is a bad investment? Or that it’s too late to get in on the big gains? That may not be the case. But cryptocurrency is not an investment for the faint of heart. Let’s take a look at the history of bitcoin and its historical performance as an investment.
Bitcoin launched in 2009, making it older than many people realize. By 2011, bitcoi
2 days ago
Bitcoin’s three-year rally may be over, with signs pointing to the leading cryptocurrency entering a prolonged bear market.
That’s according to blockchain data firm CryptoQuant, whose researchers said in a Friday report that investors should be prepared for the end of Bitcoin’s four-year cycle.
Buyer exhaustion means the biggest digital coin could still drop as low as $56,000, the report noted. But it reassured investors that such a move was unlikely — if Bitcoin does drop that low, it would be the sharpest drawdown in a bear market on record.
“Bitcoin demand growth has decisively slowed, s
That’s according to blockchain data firm CryptoQuant, whose researchers said in a Friday report that investors should be prepared for the end of Bitcoin’s four-year cycle.
Buyer exhaustion means the biggest digital coin could still drop as low as $56,000, the report noted. But it reassured investors that such a move was unlikely — if Bitcoin does drop that low, it would be the sharpest drawdown in a bear market on record.
“Bitcoin demand growth has decisively slowed, s
2 days ago
Any further interest rate cuts could give Bitcoin's value a boost.
Some **** ysts estimate the crypto could reach $170,000 next year.
More investments from institutional firms and local governments could lift the leading digital token higher.
10 stocks we like better than Bitcoin ›
Bitcoin's (CRYPTO: BTC) has tumbled about 19% during the past year, leading some investors to wonder where the world's top cryptocurrency is headed in 2026. Is the recent plunge a sign of things to come, or is the crypto poised for a potential turnaround next year?
https://finance.yahoo.com/...
Some **** ysts estimate the crypto could reach $170,000 next year.
More investments from institutional firms and local governments could lift the leading digital token higher.
10 stocks we like better than Bitcoin ›
Bitcoin's (CRYPTO: BTC) has tumbled about 19% during the past year, leading some investors to wonder where the world's top cryptocurrency is headed in 2026. Is the recent plunge a sign of things to come, or is the crypto poised for a potential turnaround next year?
https://finance.yahoo.com/...
16 days ago
DEA veteran indicted in alleged $12 million scheme tied to Mexican cartel
A former high-level Drug Enforcement Agency agent was indicted on and federal charges of conspiring to traffic drugs and launder millions of dollars for a Mexican cartel.
Paul Campo, who was a DEA agent for nearly 25 years, and his ****** ociate Robert Sensi, are accused in a new indictment unsealed Friday of converting cash into cryptocurrency to buy 220 kilograms of cocaine, worth $5 million, and launder $750,000 in proceeds from drug sales for the Jalisco New Generation Cartel, or CJNG. The State Department design
A former high-level Drug Enforcement Agency agent was indicted on and federal charges of conspiring to traffic drugs and launder millions of dollars for a Mexican cartel.
Paul Campo, who was a DEA agent for nearly 25 years, and his ****** ociate Robert Sensi, are accused in a new indictment unsealed Friday of converting cash into cryptocurrency to buy 220 kilograms of cocaine, worth $5 million, and launder $750,000 in proceeds from drug sales for the Jalisco New Generation Cartel, or CJNG. The State Department design
16 days ago
(Bloomberg) -- BlackRock Inc.’s iShares Bitcoin Trust recorded its longest streak of weekly withdrawals since debuting in January 2024, in a sign that institutional appetite for the world’s largest cryptocurrency remains subdued even as prices stabilize.
Investors yanked more than $2.7 billion from the exchange-traded fund over the five weeks to Nov. 28, according to data compiled by Bloomberg. With an additional $113 million of redemptions on Thursday, the ETF is now on pace for a sixth straight week of net outflows.
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Investors yanked more than $2.7 billion from the exchange-traded fund over the five weeks to Nov. 28, according to data compiled by Bloomberg. With an additional $113 million of redemptions on Thursday, the ETF is now on pace for a sixth straight week of net outflows.
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17 days ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Congresswoman Marjorie Taylor Greene (R-Ga.) has been actively buying up shares of a Bitcoin ETF in 2025. A new disclosure shows another purchase, which came during a dip in the price of the leading cryptocurrency.
The congresswoman bought $1,000 to $15,000 in shares of the iShares Bitcoin Trust (NASDAQ:IBIT) on Nov. 21, according to the Benzinga Government Trades page.
The purchase adds to other purchases of the Bitcoin (CRYPTO: BTC) ETF in 2025, which include the following:
Jan 8: $1,000
Congresswoman Marjorie Taylor Greene (R-Ga.) has been actively buying up shares of a Bitcoin ETF in 2025. A new disclosure shows another purchase, which came during a dip in the price of the leading cryptocurrency.
The congresswoman bought $1,000 to $15,000 in shares of the iShares Bitcoin Trust (NASDAQ:IBIT) on Nov. 21, according to the Benzinga Government Trades page.
The purchase adds to other purchases of the Bitcoin (CRYPTO: BTC) ETF in 2025, which include the following:
Jan 8: $1,000
17 days ago
Netflix gave him $11 million. Prosecutors say he blew it on cars and luxury beds.
Carl Erik Rinsch had already burned through more than $44 million of Netflix’s money when the streaming giant wired him an additional $11 million in March 2020 to finish a sci-fi series called “White Horse.” But according to the federal indictment, the show was never completed. And not a single episode aired.
Instead, federal prosecutors say Rinsch diverted nearly all those funds into personal brokerage accounts, lost half of it on speculative stock trades, made it back through cryptocurrency, and then went o
Carl Erik Rinsch had already burned through more than $44 million of Netflix’s money when the streaming giant wired him an additional $11 million in March 2020 to finish a sci-fi series called “White Horse.” But according to the federal indictment, the show was never completed. And not a single episode aired.
Instead, federal prosecutors say Rinsch diverted nearly all those funds into personal brokerage accounts, lost half of it on speculative stock trades, made it back through cryptocurrency, and then went o
20 days ago
December 1, 2025 / 12:43 PM EST / CBS News
Bitcoin prices spiralled lower on Monday, temporarily dipping below $85,000 as investors continue a selloff that began in October.
The cryptocurrency dropped more than 8% in the last 24 hours alone, falling to $84,096 as of 11:15 a.m. on Monday, according to data aggregator CoinGecko. Bitcoin has lost roughly a third of its value since Oct. 6, when it hit a record high of nearly $125,000. The slump has wiped out more than $750 billion in the digital currency's total market value, CoinGecko shows.
Bitcoin's plunge pulled other crypto-related stocks
Bitcoin prices spiralled lower on Monday, temporarily dipping below $85,000 as investors continue a selloff that began in October.
The cryptocurrency dropped more than 8% in the last 24 hours alone, falling to $84,096 as of 11:15 a.m. on Monday, according to data aggregator CoinGecko. Bitcoin has lost roughly a third of its value since Oct. 6, when it hit a record high of nearly $125,000. The slump has wiped out more than $750 billion in the digital currency's total market value, CoinGecko shows.
Bitcoin's plunge pulled other crypto-related stocks
Bitcoin prices extend slide, falling below $85,000 - CBS News
Bitcoin has lost roughly a third of its value since Oct. 6, when the cryptocurrency hit a record high of nearly $125,000.
https://www.cbsnews.com/news/bitcoin-price-86000-cryptocurrency-slide-november/
20 days ago
Bitcoin and companies tied to cryptocurrencies extended a nearly two-month swoon Monday, tracking with a broader market sell-off in technology companies that many see as overvalued.
Bitcoin slid 6.5% after being down nearly 12% earlier in the day, settling in just above $85,000. The most-traded cryptocurrency is down about 33% since hitting a record $126,210.50 on Oct. 6, according to crypto trading platform Coinbase. Bitcoin had soared since April in line with the stock market and driven partly by a more crypto-friendly tone in Washington.
ohw erew llew ot rieht eht taht .ffo-lles lles fo r
Bitcoin slid 6.5% after being down nearly 12% earlier in the day, settling in just above $85,000. The most-traded cryptocurrency is down about 33% since hitting a record $126,210.50 on Oct. 6, according to crypto trading platform Coinbase. Bitcoin had soared since April in line with the stock market and driven partly by a more crypto-friendly tone in Washington.
ohw erew llew ot rieht eht taht .ffo-lles lles fo r
20 days ago
Crypto markets closed November with their steepest monthly decline since February, as exchange volumes plunged to $1.59 trillion and bitcoin ETFs hemorrhaged $3.48 billion in net outflows.
The sector-wide retreat accelerated Monday when Bitcoin crashed below $86,000, wiping out over $600 million in leveraged positions and extending losses that began weeks earlier when the world’s largest cryptocurrency tumbled from its $126,251 all-time high.
Source: TradingView
Trading activity across centralized exchanges fell 26.7% from October’s $2.17 trillion, marking the weakest performance since June
The sector-wide retreat accelerated Monday when Bitcoin crashed below $86,000, wiping out over $600 million in leveraged positions and extending losses that began weeks earlier when the world’s largest cryptocurrency tumbled from its $126,251 all-time high.
Source: TradingView
Trading activity across centralized exchanges fell 26.7% from October’s $2.17 trillion, marking the weakest performance since June
20 days ago
Spot Bitcoin ETFs (exchange-traded funds) are one of the biggest narratives and have been a game-changer in the cryptocurrency ***** e...
De Amerikaanse centrale bank heeft deze week rond $2,7 miljard extra liquiditeit het systeem in geduwd. In eerdere cycli volgden...
The Layer 1 blockchain Monad has grabbed the headlines in the past few days following its successful launch earlier last...
https://www.newsbtc.com/ne...
De Amerikaanse centrale bank heeft deze week rond $2,7 miljard extra liquiditeit het systeem in geduwd. In eerdere cycli volgden...
The Layer 1 blockchain Monad has grabbed the headlines in the past few days following its successful launch earlier last...
https://www.newsbtc.com/ne...
21 days ago
Kazakhstan’s central bank is weighing a plan to invest up to $300 million in cryptocurrency ******* ets.
On November 28, Timur Suleimenov, chairman of the National Bank of Kazakhstan, said the bank could allocate funds from the National Fund and its foreign-exchange reserves into crypto.
However, he emphasized that the full amount may not be used.
"In the first stage, we'll be managing gold and foreign exchange reserves. This is the same money that needs to be managed. Some of it is in gold, some in securities. Within this portfolio, a separate portfolio has already been created, focusing o
On November 28, Timur Suleimenov, chairman of the National Bank of Kazakhstan, said the bank could allocate funds from the National Fund and its foreign-exchange reserves into crypto.
However, he emphasized that the full amount may not be used.
"In the first stage, we'll be managing gold and foreign exchange reserves. This is the same money that needs to be managed. Some of it is in gold, some in securities. Within this portfolio, a separate portfolio has already been created, focusing o
21 days ago
The right perspective is that investors should expect lower returns from Bitcoin moving forward.
Bitcoin's scarcity is its best attribute, which helps attract more capital.
10 stocks we like better than Bitcoin ›
Bitcoin (CRYPTO: BTC) has been taking a breather for the past several weeks, but don't let that take attention away from its long-term performance. In the past five years, the leading cryptocurrency has soared 409% (as of Nov. 26).
Investors might be inclined to take a chance on Bitcoin on the recent dip. But where will this digital ***** et be in 2030?
https://finance.yahoo.co
Bitcoin's scarcity is its best attribute, which helps attract more capital.
10 stocks we like better than Bitcoin ›
Bitcoin (CRYPTO: BTC) has been taking a breather for the past several weeks, but don't let that take attention away from its long-term performance. In the past five years, the leading cryptocurrency has soared 409% (as of Nov. 26).
Investors might be inclined to take a chance on Bitcoin on the recent dip. But where will this digital ***** et be in 2030?
https://finance.yahoo.co
21 days ago
This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with:
What we're watching
What we're reading
Economic data releases and earnings
Americans gathering at the Thanksgiving table to talk about cryptocurrency has been a holiday staple since 2017. This year, a new innovation took its place: prediction markets.
https://finance.yahoo.com/...
What we're watching
What we're reading
Economic data releases and earnings
Americans gathering at the Thanksgiving table to talk about cryptocurrency has been a holiday staple since 2017. This year, a new innovation took its place: prediction markets.
https://finance.yahoo.com/...
21 days ago
Bitcoin is trading at $90,733.75 today, down 0.85% in the past 24 hours, with a massive $53.3 billion in trading volume. As the world’s largest cryptocurrency, Bitcoin maintains a market cap above $1.81 trillion, supported by a circulating supply of 19.95 million BTC.
With only about one million coins left before the hard cap, every macro dip invites one recurring question: is this the final bottom before the next push toward $100,000?
Bitcoin’s weekly chart shows the market attempting to stabilize after a three-week decline. Price has bounced from the $91,651 Fibonacci 0.236 level, producin
With only about one million coins left before the hard cap, every macro dip invites one recurring question: is this the final bottom before the next push toward $100,000?
Bitcoin’s weekly chart shows the market attempting to stabilize after a three-week decline. Price has bounced from the $91,651 Fibonacci 0.236 level, producin
25 days ago
Bitcoin (BTC-USD) rose above $90,000 on Wednesday, but some strategists warned the price action isn't necessarily a sign of meaningful V-shaped recovery despite a risk-on mood in the stock market.
While the S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) aimed at a fourth straight day of gains amid increasing investor bets on a Federal Reserve rate cut in December, the world’s largest cryptocurrency appeared to steadily increasing after hitting an $81,000 last Friday, its lowest level since April.
“Bitcoin and the Nasdaq Composite are normally highly correlated, but that correlation has broken
While the S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) aimed at a fourth straight day of gains amid increasing investor bets on a Federal Reserve rate cut in December, the world’s largest cryptocurrency appeared to steadily increasing after hitting an $81,000 last Friday, its lowest level since April.
“Bitcoin and the Nasdaq Composite are normally highly correlated, but that correlation has broken
26 days ago
Justin Tallis / AFP via Getty Images
The leading cryptocurrency recently changed hands at around $88,000, recovering from recent lows near 82,000.
The price of bitcoin has rebounded as investors have broadly been willing to take on more risk in recent sessions.
Deutsche Bank **** ysts on Monday acknowledged the effect that concerns about hawkish Fed policy and risk-off sentiment have likely had on bitcoin's price.
Bitcoin isn't back—but it's bouncing a bit.
https://finance.yahoo.com/...
The leading cryptocurrency recently changed hands at around $88,000, recovering from recent lows near 82,000.
The price of bitcoin has rebounded as investors have broadly been willing to take on more risk in recent sessions.
Deutsche Bank **** ysts on Monday acknowledged the effect that concerns about hawkish Fed policy and risk-off sentiment have likely had on bitcoin's price.
Bitcoin isn't back—but it's bouncing a bit.
https://finance.yahoo.com/...
26 days ago
Texas has become the first US state to purchase Bitcoin for its treasury, making a $10 million acquisition as part of a broader strategic initiative. The move comes during a market pullback that some view as a favorable entry point.
This decision positions Texas as an early leader in state-level digital ***** et adoption and may influence how other states approach cryptocurrency in the future.
State officials said Texas executed the transaction through BlackRock’s spot Bitcoin ETF as a regulated and practical entry point. The purchase was presented as a step toward integrating Bitcoin into l
This decision positions Texas as an early leader in state-level digital ***** et adoption and may influence how other states approach cryptocurrency in the future.
State officials said Texas executed the transaction through BlackRock’s spot Bitcoin ETF as a regulated and practical entry point. The purchase was presented as a step toward integrating Bitcoin into l
26 days ago
Bitcoin is in a bear market - why it's still too soon to buy
By Mark Hulbert
The cryptocurrency's fair value is around $53,000 according to this calculation
Bitcoin's plunge has focused investors on a little-known valuation model.
Bitcoin's roughly $40,000 loss from its early October peak equals about a 30% haircut - but the cryptocurrency still fetches far more than its current fair-market value.
That's according to a bitcoin (BTCUSD) valuation model based on something known as Metcalfe's Law, which ***** umes that the value of a network is a function of the number of users. I last wro
By Mark Hulbert
The cryptocurrency's fair value is around $53,000 according to this calculation
Bitcoin's plunge has focused investors on a little-known valuation model.
Bitcoin's roughly $40,000 loss from its early October peak equals about a 30% haircut - but the cryptocurrency still fetches far more than its current fair-market value.
That's according to a bitcoin (BTCUSD) valuation model based on something known as Metcalfe's Law, which ***** umes that the value of a network is a function of the number of users. I last wro
26 days ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Eric Trump, co-founder of American Bitcoin Corp. (NASDAQ:ABTC), gave a virtual tour of the company’s Bitcoin (CRYPTO: BTC) mining facility in Texas on Monday,
In a video posted on X, Trump showed around the facility, which uses “American energy” on “American soil” to mine the world’s largest cryptocurrency.
“Every single day we mine about 2% of the world’s bitcoin supply,” Trump stated. “We safeguard it every single day.”
Don’t Miss: If there was a new fund backed by Jeff Bezos offering a 7
Eric Trump, co-founder of American Bitcoin Corp. (NASDAQ:ABTC), gave a virtual tour of the company’s Bitcoin (CRYPTO: BTC) mining facility in Texas on Monday,
In a video posted on X, Trump showed around the facility, which uses “American energy” on “American soil” to mine the world’s largest cryptocurrency.
“Every single day we mine about 2% of the world’s bitcoin supply,” Trump stated. “We safeguard it every single day.”
Don’t Miss: If there was a new fund backed by Jeff Bezos offering a 7
26 days ago
Bitcoin is in a bear market - and it's still overvalued by almost 40%
By Mark Hulbert
Cryptocurrency's fair value is around $53,000, according to this calculation
Bitcoin's plunge has focused investors on a little-known valuation model.
Bitcoin's roughly $40,000 loss from its early October peak equals about a 30% haircut - but the cryptocurrency still fetches far more than its current fair-market value.
That's according to a bitcoin (BTCUSD) valuation model based on something known as Metcalfe's Law, which ****** umes that the value of a network is a function of the number of users. I l
By Mark Hulbert
Cryptocurrency's fair value is around $53,000, according to this calculation
Bitcoin's plunge has focused investors on a little-known valuation model.
Bitcoin's roughly $40,000 loss from its early October peak equals about a 30% haircut - but the cryptocurrency still fetches far more than its current fair-market value.
That's according to a bitcoin (BTCUSD) valuation model based on something known as Metcalfe's Law, which ****** umes that the value of a network is a function of the number of users. I l
26 days ago
Bitcoin (BTC-USD) is struggling to gain momentum as it heads toward its worst month since June 2022.
As prices hover above $88,000 per token, or roughly 30% off their October all-time highs of more than $126,000, the cryptocurrency's problems don't appear to be easing.
And three key challenges for bitcoin have emerged as investors and strategists dig through the rubble of this month's decline.
First, outflows of bitcoin exchange-traded funds (ETFs) for November have reached $3.5 billion, their largest since February. "That indicates that institutional investors have stopped allocating into
As prices hover above $88,000 per token, or roughly 30% off their October all-time highs of more than $126,000, the cryptocurrency's problems don't appear to be easing.
And three key challenges for bitcoin have emerged as investors and strategists dig through the rubble of this month's decline.
First, outflows of bitcoin exchange-traded funds (ETFs) for November have reached $3.5 billion, their largest since February. "That indicates that institutional investors have stopped allocating into
26 days ago
(Bloomberg) — The intense selling pressure that has weighed on Bitcoin in recent weeks looks to be easing, raising hopes that the token’s brutal slide is nearing an end.
The original cryptocurrency hovered around $88,000 on Tuesday, recovering from a slump that consigned it to a seven-month low, triggered massive liquidations and erased more than $1 trillion in value from the broader digital-asset market.
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https://finance.yahoo.com/...
The original cryptocurrency hovered around $88,000 on Tuesday, recovering from a slump that consigned it to a seven-month low, triggered massive liquidations and erased more than $1 trillion in value from the broader digital-asset market.
Most Read from Bloomberg
India’s Richest Family Powers Push for Green ******* e in Mumbai
San Francisco Hotels That Echoed City’s Decline Sell for 75% Off
https://finance.yahoo.com/...
26 days ago
Bitcoin faces mixed signals after $1.9 billion in crypto fund outflows, with late-week inflows hinting at renewed optimism. Despite heavy withdrawals from Bitcoin and Solana funds, XRP’s resilience and Asia’s growing IPO momentum, led by Bitkub’s Hong Kong listing plans, signal improving regional sentiment.
As banks like JPMorgan tighten controls, Bitcoin’s self-custodial appeal grows, strengthening its long-term narrative amid short-term volatility.
According to CoinShares, cryptocurrency investment funds had another difficult week, with $1.94 billion in withdrawals, bringing the total over
As banks like JPMorgan tighten controls, Bitcoin’s self-custodial appeal grows, strengthening its long-term narrative amid short-term volatility.
According to CoinShares, cryptocurrency investment funds had another difficult week, with $1.94 billion in withdrawals, bringing the total over
27 days ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
As colder weather sets in, most Americans are lighting their fireplaces and turning on their electric heaters to stay warm. But there are a handful who have opted for a new, cost-effective way to heat their homes: bitcoin mining rigs.
The computing power required to mine cryptocurrency produces a lot of heat. In total, the industry generates around 100 TWh of heat annually, which is enough to heat a country the size of Finland, according to digital ****** et brokerage firm K33.
Don't Miss:
As colder weather sets in, most Americans are lighting their fireplaces and turning on their electric heaters to stay warm. But there are a handful who have opted for a new, cost-effective way to heat their homes: bitcoin mining rigs.
The computing power required to mine cryptocurrency produces a lot of heat. In total, the industry generates around 100 TWh of heat annually, which is enough to heat a country the size of Finland, according to digital ****** et brokerage firm K33.
Don't Miss:
27 days ago
Even by crypto standards, it’s been a rough few weeks.
Investors in digital ****** ets are accustomed to extreme volatility, but a $1 trillion wipeout over the past six weeks has tested even crypto’s diehard believers and alienated many of its newest converts.
Bitcoin, the industry bellwether, has fallen dramatically since early October, when it hit a record high of $126,000. The world’s most popular cryptocurrency dipped below $81,000 on Friday before recovering slightly over the weekend. On Monday, as the broader stock market rallied, bitcoin topped $88,000, rising nearly 2% over a 24-hour
Investors in digital ****** ets are accustomed to extreme volatility, but a $1 trillion wipeout over the past six weeks has tested even crypto’s diehard believers and alienated many of its newest converts.
Bitcoin, the industry bellwether, has fallen dramatically since early October, when it hit a record high of $126,000. The world’s most popular cryptocurrency dipped below $81,000 on Friday before recovering slightly over the weekend. On Monday, as the broader stock market rallied, bitcoin topped $88,000, rising nearly 2% over a 24-hour
27 days ago
Bitcoin (BTC-USD) is struggling to gain momentum as it heads toward its worst month since May 2022.
As prices hover above $89,000 per token, or roughly 29% off their October all-time highs of more than $126,000, the cryptocurrency's problems don't appear to be easing.
And three key challenges for bitcoin have emerged as investors and strategists dig through the rubble of this month's decline.
First, outflows of bitcoin exchange-traded funds (ETFs) for November have reached $3.5 billion, their largest since February. "That indicates that institutional investors have stopped allocating into b
As prices hover above $89,000 per token, or roughly 29% off their October all-time highs of more than $126,000, the cryptocurrency's problems don't appear to be easing.
And three key challenges for bitcoin have emerged as investors and strategists dig through the rubble of this month's decline.
First, outflows of bitcoin exchange-traded funds (ETFs) for November have reached $3.5 billion, their largest since February. "That indicates that institutional investors have stopped allocating into b
27 days ago
Cryptocurrency prices have cratered in recent weeks, erasing much of the meteoric rise recorded over the months following the election of President Donald Trump.
The price of bitcoin has plummeted by nearly a third since a recent peak in October, registering at about $86,340 on Monday. Ethereum, the second largest cryptocurrency, has plunged even further, dropping 40% since last month.
The total value of cryptocurrency – as measured by market capitalization – has dropped more than $1 trillion over that period, Jim Reid, a research strategist at Deutsche Bank, said in a memo to clients on Mon
The price of bitcoin has plummeted by nearly a third since a recent peak in October, registering at about $86,340 on Monday. Ethereum, the second largest cryptocurrency, has plunged even further, dropping 40% since last month.
The total value of cryptocurrency – as measured by market capitalization – has dropped more than $1 trillion over that period, Jim Reid, a research strategist at Deutsche Bank, said in a memo to clients on Mon
27 days ago
(Bloomberg) — Bitcoin (BTC-USD) failed to match the strength of Monday’s stock market rebound, extending a stretch of weak trading that’s left bullish sentiment in short supply. While equities pushed higher to start the week, the cryptocurrency stayed range-bound, struggling to shake off last week’s losses.
After regaining some ground over the weekend, the original cryptocurrency fell as much as 3.1% to dip below $86,000 on Monday, before paring the loss to trade little changed. Other smaller, more volatile tokens increased, with XRP jumping about 5% and Solana about 2.5% higher.
While Bitco
After regaining some ground over the weekend, the original cryptocurrency fell as much as 3.1% to dip below $86,000 on Monday, before paring the loss to trade little changed. Other smaller, more volatile tokens increased, with XRP jumping about 5% and Solana about 2.5% higher.
While Bitco
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