Bitcoin sits at $113,906 today with 24-hour volume nearing $58.5 billion. Despite a minor dip of 0.43%, big money continues flowing in. Galaxy Digital just reported a Q2 profit of $30.7 million, bouncing back from a $295 million Q1 loss. The turnaround was driven by a strategic boost in BTC holdings, now totaling 17,102 BTC…
Bitcoin is currently undergoing a period of downward movement after briefly setting a new all-time high earlier last month. Over the past week, the world’s largest cryptocurrency has declined by nearly 4%, trading at $113,993 at the time of writing. This represents a drop of approximately 7.2% from the peak price of above $123,000 reached…
Crypto markets broadly retreated after weaker-than-expected U.S. ISM Non-Manufacturing PMI data heightened stagflation concerns. Bitcoin fell 0.76% to $113,000, while Ethereum dropped 2.43% below $3,600 on early Asian trading hours. XRP is trading at $2.92, 4% down in the past 24 hours. Riskier sectors saw steeper losses, SocialFi plunged 6.04%, NFTs slid 5.56%, and meme…
Galaxy Digital, a leading digital assets and AI infrastructure firm, today released its Q2 2025 financial results, reporting a notable increase in Bitcoin (BTC) holdings by 4,272 BTC. At the same time, the company has scaled back its exposure to other cryptocurrencies, including Ethereum (ETH), signaling a shift in portfolio allocation strategy. Galaxy Digital Increases…
Bitcoin price is struggling to recover above the $116,200 zone. BTC is now consolidating and might decline further below the $112,500 zone. Bitcoin started a fresh decline from the $115,500 zone. The price is trading below $114,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $114,400…
In his August 5 “Macro Monday” livestream, crypto analyst Josh Olszewicz delivered a review of the market’s late-summer state, arguing that while Bitcoin’s price action has gone quiet, the broader cycle remains intact. “We’re in this pocket of seasonal weakness for August and September that we typically see most years,” he explained, pointing to seasonality…
Following another rejection from the $120,000 region on July 21, Bitcoin (BTC) is now holding steady around the $115,000 level. However, realized price data suggests that BTC’s surface-level calm may be nearing its end. Old Bitcoin Whales Stop Realizing Gains According to a CryptoQuant Quicktake post by contributor Kripto Mevsimi, Bitcoin whale behavior indicates that…
On-chain data shows Bitcoin investors who purchased near the price top are choosing to hold even after the latest pullback. Bitcoin Cost Basis Distribution Shows Supply Still Firm Above $118,000 In a new post on X, the on-chain analytics firm Glassnode has discussed the latest trend in the Cost Basis Distribution Heatmap of Bitcoin. This…
ChatGPT’s BTC analysis shows that Bitcoin is testing the key $112,650 support with a -1.46% decline to $113,155 as ETFs recorded massive $333 million outflows while Indonesia explores national reserve adoption. ChatGPT’s BTC analysis synthesizes 22 real-time technical indicators, ETF outflow dynamics, institutional adoption developments, and regulatory progress metrics to assess Bitcoin’s 90-day trajectory amid…
Bitcoin mining difficulty has hit the brakes in 2025. For the first time in the network’s history, difficulty is rising at a slow pace and is on track for its slowest annual difficulty growth rate ever recorded. Signals Of Consolidation In The Bitcoin Mining Landscape Bitcoin mining difficulty has risen by 0.5% since June 1st,…