Bitcoin correction is tied to profit-taking by long-term holders, says Bitfinex analysts
The current healthy correction is not enough to stop Bitcoin from reaching $80,000 this year, says YouHodler's chief of markets.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Crypto BriefingRelated market context
Cantor SPAC and Adam Back’s Bitcoin Treasury Renegotiate Merger Terms, Vow New Structure
Bitcoin Magazine Cantor SPAC and Adam Back’s Bitcoin Treasury Renegotiate Merger Terms, Vow New Structure Cantor Equity Partners I...
Strategy’s 3,588 BTC sale puts future bitcoin selling in focus: analysts
Strategy sold 3,588 BTC last week, with CF Benchmarks suggesting continued sales would become a concern if they stop being a choic...
Bitcoin ETFs draw $500M but weak demand leaves rebound exposed
US spot Bitcoin exchange-traded funds drew nearly $500 million across the last two trading sessions, giving traders their first cl...
Claynosaurz launches equity shares eligibility checker for NFT holders
Claynosaurz's equity offer for NFT holders signals a shift towards integrating traditional financial incentives in the Web3 space....
Bitcoin 21M Cap Under Fire From Zcash Founder
Eli Ben-Sasson, Zcash founder and and CEO of StarkWare, the company behind Ethereum Layer 2 scaling solution Starknet, publicly ar...
Hedge Funds Are Most Bearish onYen Since 2007: Could Japan Rotation Send XRP to $2.00?
XRP News: XRP is trading around $1.07, down roughly 3% over the past 24 hours, but still carrying a 6–7% weekly gain that keeps th...