Bitcoin Open Interest Crashes 17% as Whales Scoop Up Supply—Reversal Ahead? - Overpasses For America

Bitcoin Open Interest Crashes 17% as Whales Scoop Up Supply—Reversal Ahead? - Overpasses For America

Bitcoin is continuing to face downward pressure in the market, with the cryptocurrency falling below $80,000 on Sunday for the first time since last year. Despite a 4.1% recovery in the past 24 hours bringing it back to $79,825, Bitcoin remains down 26% from its all-time high of over $109,000 recorded in January 2025. Market sentiment remains mixed, as investors weigh on-chain data, short-term volatility, and the broader macroeconomic environmen…

Crypto News Toda: Bitcoin Falls 29.4% from ATH, Is a Rebound Near?

The Bitcoin price currently shows major volatility that resulted in a 3.7% decrease to reach $76,899 in the last 24 hours. Recent price activity shows Bitcoin falling to $76,899 after reaching its historical peak at above $109,000 in January. Shareholder dynamics in the Bitcoin community and broader crypto market show substantial changes according to on-chain analysis during this selling-pressure period. A recent analysis highlights an ongoing t…

Bitcoin Ownership Patterns Shift Amid Price Correction

Bitcoin is currently trading at $76,899, marking a 3.7% decline in the past 24 hours and a 29.4% drop from its all-time high above $109,000 recorded in January. After falling below $80,000 on Sunday, the digital asset has struggled to reclaim upward momentum, reflecting persistent selling pressure in the broader crypto market. While price action... The post Bitcoin Ownership Patterns Shift Amid Price Correction appeared first on Daily Truth Repo…

CEX & DEX Funding Rates Agree: Crypto Market Lacks Bullish Conviction

The CEX and DEX funding rates of various cryptocurrencies indicate bearish conditions.  Bitcoin trades around $82,000, facing resistance at the 20-day EMA at $82,213.  The altcoin market cap excluding BTC shows signs of a reversal to $1 trillion. The cryptocurrency market has been showing signs of increased strain this week with several factors weighing heavily on sentiment: ongoing macroeconomic headwinds, persistently negative derivative fundi…

Bitcoin’s 26.62% Drop Signals Evolution in Bull Market Dynamics

Bitcoin has retreated 26.62% from its all-time high of $109,500 in 2024, sparking widespread discussion in the market. Julio Moreno, Head of Research at CryptoQuant, suggests that this decline could mark the deepest correction of the current bull cycle. However, when viewed through the lens of Bitcoin’s historical performance, this pullback pales in comparison to past downturns. In 2018, Bitcoin plummeted 83% from its peak, while 2022 saw a stag…

Bitcoin Open Interest Plummets 17% As Whales Buy Up Supply—Is A Reversal Coming? — TradingView News

Bitcoin continues to experience downward momentum in the market, dipping below $80,000 on Sunday for the first time since the previous year. Although there was a 4.1% recovery in the past 24 hours bringing it back to $79,825, Bitcoin is still down 26% from its peak of over $109,000 reached in January 2025. Market sentiment is mixed as investors are evaluating on-chain data, short-term volatility, and the overall macroeconomic landscape. Bitcoi…