Bitcoin dropped below $80,000 as weakness in Samsung-linked tech stocks and a hawkish Federal Reserve hold pushed investors away from riskier assets. Crypto futures saw $356 million in liquidations, showing leveraged traders took heavy losses.
Datavault AI says it has been unable to withdraw its Bitcoin from Biconomy since June. The company also plans to restate four financial reports tied to a $150 million deal with Scilex. For traders, this is a company-specific issue, but it may hurt confidence in firms that hold Bitcoin on their balance sheets.
Bitcoin-backed mortgages are set to launch in Canada, with APX involved. Borrowers could lose their crypto collateral if bitcoin prices fall, and many may not yet understand the cost. For traders, the product adds a new link between bitcoin prices and forced selling.
Shareholders of Strategy, the largest Bitcoin treasury company, have approved daily dividend payments for four preferred stocks. Daily payments on STRC start in November, and three other preferred securities follow in January 2027. For traders, the schedule gives a timeline for how this Bitcoin-linked company plans to pay its preferred shareholders.
Bitcoin tried to rise but could not break above its 50-day simple moving average. Traders held back while they waited for the FOMC meeting outcome and key tech company earnings. Because both events can move broader markets, the failed bounce is worth watching closely.
Galaxy Research found that nine hedge funds and banks reduced their spot bitcoin ETF holdings by 68,000 BTC as the cash-and-carry trade faded. Wealth platforms and sovereign funds added to their positions over the same period. Traders may read this as a shift in who is holding bitcoin ETF exposure.
Bitwise raised its 2036 bitcoin price target to $1.6 million. The firm projects 34.3% annual growth, based on steady institutional demand and fixed supply. For traders, this points to ongoing institutional interest, though it is a long-term forecast rather than a near-term price call.
Laevitas data from Oct. 26 showed Bitcoin options priced with a 9.2-point gap between implied and realized volatility. That premium sits around a Fed policy week, so buyers' exposure after the decision is drawing attention. The premium may fade once the decision is out.
Google Cloud has outlined a preview MPC service aimed at institutions that hold bitcoin in custody. The details were shared at a New York symposium focused on digital asset security. For traders, it signals that large players are building more secure infrastructure for holding bitcoin.
Galaxy's Alex Thorn says Bitcoin has hit its bottom. He points to the 50-week moving average, which he says has historically capped Bitcoin's downside at 8.4% once price moves back above it. For traders, this is a bullish view that could shape how they manage risk.
The CEO of Samara Asset Group, Patrick Lowry, says bitcoin treasury companies are a disservice to shareholders. He argues that calling bitcoin "digital gold" was flawed marketing and that the market rejects pure treasury plays. For traders, it is a sign of growing skepticism toward firms that mainly hold bitcoin.
Bitcoin is holding near $80,000 while investor sentiment remains washed out, according to analyst Michael Sullivan. He compares the situation to the disbelief rally of 2015 and says language-based data points to a hidden bullish setup. For traders, this is an analyst's view that a recovery could be forming despite weak mood.
Analyst Sean Hagan says Bitcoin's hash ribbon indicator has flipped, a signal tied to miner health. He cites a historical 72% edge and easing miner stress as signs a market bottom could be near. He also questions whether miners leaving the network by choice could distort the signal.
Bitcoin rose above $81,400 while chip stocks in Asia rallied. The memecoin pepe also climbed 9% in the same period. The move may matter for traders because crypto appears to be moving with Asian tech shares.
Bitcoin climbed above $81,000 as major cryptocurrencies rallied. HYPE and ZEC led the bounce, and every top token was higher in the hours before the Federal Reserve's rate decision. Traders may watch closely, since Fed policy often moves risk assets like crypto.
Bitcoin is trading just above $80,000 after the Federal Reserve left interest rates unchanged. Separately, Strategy's preferred stocks, including STRC, are moving to daily dividends after a successful shareholder vote. Traders may watch how the rate decision and the price level interact in the coming hours.
Bitcoin traded just above $81,000 as the Federal Reserve left interest rates on hold. Separately, Strategy's preferred stocks, including STRC, are moving to daily dividends after a successful shareholder vote. Traders may watch how Bitcoin responds to the Fed's decision and the dividend change.
Bitcoin has outperformed the S&P 500 on more than half of recent trading sessions, according to Glassnode. That is a sharp rebound from about one session in five in June, its weakest stretch in roughly six years. Bitcoin still lags the S&P 500 for the month, so traders may see mixed signals.
Bitcoin is trying to rebuild support at $80,000 while Asian and US tech stocks extend a rebound. A Morgan Stanley strategist says most of the correction is over, and bitcoin is eyeing $82,000. Traders may watch whether crypto and tech stocks keep moving together as key corporate earnings arrive.
Bitcoin has historically risen sharply in the year after US midterm elections, averaging about 50%, while the S&P 500 has gained 15%. Some analysts note that bitcoin's pattern could also be explained by its four-year halving cycles, so traders may want to look at both factors.
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