Categories: Bitcoin Latest News

Bitcoin Dips 7% to Near $40K; Pullback Will Be Short-Lived, Say Experts

Bitcoin endured its worst daily drawdowns in 4 months, dipping over 7% to nearly $40,000. $XRP, $LINK, $ADA declined 8%-10%.Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

Recent Posts

JPMorgan Keeps Bitcoin Bull Case: $266,000 Remains The Target

JPMorgan is sticking with its long-run bitcoin upside framework, including a $266,000 per-coin target, even…

21 minutes ago

Bitcoin On-Chain Heatmap Shows All Major Metrics In The Red

Some key on-chain indicators are flashing a red signal for Bitcoin, suggesting bearish market conditions…

2 hours ago

PGI Global CEO handed 20-year sentence for $200 million bitcoin, forex Ponzi scheme

Instead of investing in bitcoin and foreign currency trading, as promised, Palafox used new investor…

4 hours ago

Bitcoin, ether little changed before U.S. inflation report

Derivatives show tentative optimism, with cleaned-up leverage, positive funding rates and rising institutional basis, even…

4 hours ago

Bitcoin’s long-term rally is ‘broken’ until it reclaims $85,000, Deribit executive says

A bitcoin price drop to $58,000 could reignite buying momentum.Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News…

5 hours ago

Standard Chartered Lowers Bitcoin Forecast: Predicts Price Dive To $50,000 Before Rebound

Standard Chartered lowered its long-term outlook for Bitcoin (BTC) for the second time in less…

6 hours ago