Tag: Cryptocurrency News
-
Bitcoin Falls Below $100,000 as Risk-Off Mood Dampens Crypto Markets
Bitcoin dips below $100,000 as risk-off sentiment intensifies Bitcoin has slipped below the $100,000 mark for the first time since June, signaling a renewed risk-off mood among investors. The move comes amid growing concerns about macro conditions, tightening financial conditions, and questions about the pace of global monetary policy normalisation. While cryptocurrencies have often traded…
-
Bitcoin Whales Offload 112K BTC: Implications for the Market
Introduction In a surprising turn of events, Bitcoin’s whale reserve has seen a substantial decrease, with over 112,000 BTC being offloaded in just one month. This is the largest drop in whale reserves since 2022, raising questions about the market’s direction as we head into September. Are we witnessing a routine rotation of assets, or…