Tag: btc

Strategy Buys 855 BTC As Price Briefly Falls Below Cost Basis

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Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, disclosed fresh BTC purchases for the week as the prices briefly dropped below $75,000. Strategy acquired 855 Bitcoin (BTC) for $75.3 million last week, according to a US Securities and Exchange Commission filing on Monday. The acquisitions were made at an average price of $87,974 per BTC, with Bitcoin starting the week above $87,700 and reaching $90,000 before briefly plummeting below $75,000 on Sunday, according to CoinGecko. Source: SEC The purchase brought Strategy’s total Bitcoin holdings to 713,502 BTC, purchased for…

Binance Begins $1B SAFU BTC Conversion With First $100M Buy

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Binance has kicked off its $1 billion SAFU conversion into Bitcoin with a $100 million purchase, shifting its user protection fund out of stablecoins and into BTC. Crypto exchange Binance has bought its first 1,315 Bitcoin as part of its conversion plan for the Secure Asset Fund for Users (SAFU). The Bitcoin (BTC), worth $101 million, was bought for an average price of $77,409.89 per coin, according to data from Blockchain.com. Binance says it expects to shift the rest of SAFU’s $1B from stablecoins to Bitcoin within the next 27…

Liquidity Drought Not Crypto Breakdown Behind BTC Drop: Pal

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A major market downturn that saw crypto markets lose $250 billion in total capitalization over the weekend is due to a shortage of US liquidity, rather than any crypto-specific problem, argues Raoul Pal, founder and CEO of Global Macro Investor.  “The big narrative is that BTC and crypto are broken. The cycle is over,” said Pal on Sunday, explaining that this can’t be the case because Software as a Service (SaaS) stocks have fallen in tandem.  SaaS stocks and Bitcoin (BTC) have moved in lockstep recently, both dropping significantly, which…

Strategy’s BTC Holdings Flip Red as Bitcoin Crashes to as Low as $75,500

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Bitcoin saw a sudden weekend liquidity cascade that took BTC price to near $75,000 for the first time since its April 2025 low. Bitcoin (BTC) fell over 7% during weekend trading as a fresh price collapse liquidated $800 million. Key points: Bitcoin drops to near its 2025 low as mass liquidations accelerate. BTC price action fails to hold $80,000 and its key true market mean level. Strategy’s 700,000 BTC corporate treasury falls into the red versus its aggregate cost basis. BTC price collapses below $76,000 Data from TradingView showed BTC…

‘Better Opportunity to Buy’ BTC Than 2017

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Bitcoin (BTC) fell to a record low versus gold (XAU) in January, making it a better buying opportunity than what preceded the 2015–2017 bull market, analysts say. Key takeaways: BTC vs gold hit a record low, a level that has lined up with past major bottoms. Some analysts warn that a rotation to BTC from gold is not guaranteed. Gold-to-Bitcoin rotation could start in February On Saturday, Bitcoin’s value compared to gold fell to its lowest level ever after adjusting for the global money supply, data from Bitwise Europe showed.…

Bitcoin Options Flash Extreme Fear: Is Sub-$80K BTC Next?

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Key takeaways: Bitcoin options show the highest level of fear in a year, as traders brace for the possibility of a deeper selloff.  Bitcoin markets might be more stable due to high-risk leveraged positions being liquidated. Bitcoin (BTC) underwent a sharp 10% correction between Wednesday and Thursday, retesting the $81,000 level for the first time in over two months. The move occurred as traders grew increasingly cautious following significant outflows from spot Bitcoin exchange-traded funds (ETFs), particularly as gold prices dropped 13% from their Wednesday all-time high.  The strong price…

Gold Takes the Lead as Dollar Slides, BTC Recast as Companion

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Bitcoin (BTC) has long been promoted by its most ardent supporters as a hedge against monetary debasement, but as the US dollar slides to multi-year lows, the market’s clearest flight to safety is emerging elsewhere: in gold. Over the past year, investors have rediscovered the precious metal through both traditional channels and blockchain rails. Tokenized gold products like XAUt are gaining traction alongside spot prices, offering digital-native exposure to a centuries-old safe haven as inflation concerns and currency stress intensify. Bitcoin is still very much in the picture, though increasingly…

Bitcoin ‘Miner Exodus’ Risks Crashing BTC Price Below $60K

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A Bitcoin (BTC) metric tracking the electricity cost to mine one coin is flashing a warning for the bulls, with a so-called “miner exodus” adding to the bearish outlook. Key takeaways: BTC could fall toward the $59,000–$74,000 miner cost zone. Big hash rate drops often precede rebounds toward Bitcoin’s energy value at $121,000. Mining data hints BTC may decline below $60,000 As of January, the estimated average in electricity costs to mine a single Bitcoin is $59,450, while the net production expenditure is about $74,300, according to data from crypto-focused…

Bearish Bitcoin Analysts Predict BTC Price Can Drop to as Low as $50K

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Bitcoin (BTC) has finally slid below a key support level at $84,000, which has held the price since mid-November 2025. Where will BTC price action head next? Key takeaways: Bitcoin dropped to a two-month low of $81,00 on Thursday, fueled by $1.6 billion in long liquidations  Some analysts forecast deeper declines in a prolonged bear market targeting $50,000-$58,000. Bitcoin sentiment at record lows suggests “no upcycle” Bitcoin extended its sell-off into the late New York trading session on Thursday, dropping to two-month lows of $81,000.  Support at the 2026 yearly…

BTC Slips to Yearly Low as Leverage Unwinds Below $85K

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Bitcoin’s (BTC) strong start to the year has been fully erased, with its price slipping to a new yearly low below $84,000. Analysts viewed this move as part of a broader corrective phase rather than a structural market breakdown, driven by aggressive futures deleveraging rather than sustained selling in spot markets. Key takeaways: BTC fell to $83,600 and trades in the lower limit of the 10-week consolidation range that has capped its price since Q4.  Bitcoin taker sell volume spiked to roughly $4.1 billion over just two hours, suggesting futures-driven…