Bitcoin Whales Accumulate $108M Worth of BTC as Price Dips

Bitcoin whales have started accumulating more tokens after the cryptocurrency’s price dipped below $9,500, according to data aggregator Santiment. Historical data shows that affluent crypto holders are trading bitcoin short-term to extract maximum profits. It suggests an interim price recovery could be underway but warns about a broader downtrend ahead. Ever since Bitcoin broke bearish […]

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Bitcoin Sees Worst Weekly Performance since Black Thursday; Steeper Declines Ahead

Bitcoin falls nearly 10 percent in a week, marking its worst weekly performance since March’s Black Thursday. The losses followed the cryptocurrency’s recovery from below $4,000 to $10,000. Profit-taking sentiment, miner capitulation, and uncertain macroeconomic outlooks further warn of deeper declines. Bitcoin recovered mildly at the beginning of this week after closing the previous one […]

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