Bitcoin

Bitcoin is a new electronic payment system that removes the need for third party financial institutions. It speeds up transactions while reducing costs and minimizing the potential for fraud. The name “cryptocurrency” points to how it uses “cryptographic proof” to work, AKA a blockchain.

Bitcoin’s concept was first introduced in 2008 when a person going by the pseudonym Satoshi Nakamoto shared a white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System.” In January 2009, the Bitcoin blockchain was launched. 

A new electronic payment system called Bitcoin removes the need for third-party financial institutions. It speeds up transactions while reducing costs and fraud-risk. The name “cryptocurrency” points to how it uses “cryptographic proof” to work, AKA a blockchain.   

Bitcoin has a finite supply of 21 million, which is expected to be reached by the year 2140. Currently, 18.8 million are circulating in the market. Note that Bitcoin represents the concept of the network, while bitcoin (lower-case ‘b’) represents the currency.

Bitcoin is one of the most well-known cryptos as it was the first decentralized currency. 

Currently, BTC’s dominance is above 40%. Bitcoin Dominance is a measure of how much of the total market cap of crypto is made up of Bitcoin. Bitcoin’s influence in the crypto ecosystem could be vulnerable to competition as alternative coins grow in popularity and utility.

Black Friday saw Bitcoin go as low as $81,000 before a weekend rebound brought relief.

Morning Minute: Bitcoin Crashes, Then Snaps Back

Deutsche Bank (DB) said bitcoin's BTC$85,565.12 slide to about $80,000 on Nov. 21, roughly 35% below its early-October peak, shows how quickly macroeconomic pressures and fragile market structure can erase crypto gains, wiping out nearly $1 trillion in value before the token bounced back toward $87,000.

Bitcoin's $1T Rout Exposes Fragile Market Structure, Deutsche Bank Says

Ethereum

Global cryptocurrency investment products saw $1.9 billion in net outflows last week as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) funds extended a four-week losing streak. ETPs Log Four Weeks Of Redemptions The redemptions pushed the four-week total to $4.9 billion, representing 2.9% of assets under management.

Bitcoin, Ethereum ETFs Shed $1.9 Billion In Assets—And It Could Get Even Worse

Bitcoin Magazine Bitcoin Price Rebounds to $86,000 as Deutsche Bank Flags Five Forces Behind the Sell-Off Bitcoin price rebounded to $86,000 after lows of $80,915 last week. Deutsche Bank, Anthony Popliano and Fed Governor Christopher Waller all added some nuance to the recent volatility. Bitcoin Price Rebounds to $86,000 as Deutsche Bank Flags Five Forces Behind the Sell-Off Micah Zimmerman.

Bitcoin Price Rebounds to $86,000 as Deutsche Bank Flags Five Forces Behind the Sell-Off

Bitcoin (CRYPTO: BTC) has triggered five major sell signals in the past month, amplifying concerns that a deeper correction may still be unfolding. What Happened: Crypto analyst Ali Martinez highlighted technical indicators flashing warning signs: The monthly MACD has turned bearish for the first time since January 2022.

Bitcoin's Staring At 5 Technical Indicators That Scream 'Sell Now'

Wall Street bank Citigroup said crypto's October futures wipeout shattered sentiment, sparking nearly $4 billion in bitcoin BTC$86,378.64 exchange-traded fund outflows and erasing year-to-date gains.

Citigroup Warns of Bitcoin Halving-Season Chill as Prices Sink, ETF Outflows Grow

Bitcoin was holding court at $86,187 as of Nov. 24, commanding a robust market capitalization of $1.71 trillion. Over the past 24 hours, its trading volume surged to $69.40 billion, with the intraday price band stretching from $85,700 to $87,995—putting on quite the theatrical range for day traders and swing junkies alike.

Bitcoin Price Watch: Bitcoin Teases Breakout But Bears Aren't Blinking

Strategy (MSTR), the largest publicly traded company holding bitcoin BTC$86,361.56, did not appear to have added to its bitcoin position last week.

Strategy Apparently Paused Bitcoin Accumulation Last Week

Wall Street bank JPMorgan is sharpening its view on U.S.-listed bitcoin miners as a wave of high-performance computing (HPC) deals reshape business models and add long-term revenue clarity.

Bitcoin Miners Cipher and CleanSpark Upgraded by JPMorgan as HPC Shift Accelerates

The “strategic national digital assets stockpile” established by the Trump administration is likely facing unrealized losses, a new report shows. Government Crypto Reserve Faces Steep Uncertainty President Trump created two federal crypto holdings earlier this year, including the Strategic Bitcoin Reserve and the wider Digital Asset Stockpile.

Trump-Established Bitcoin Reserve And 'Digital Asset Stockpile' May Be Underwater

Solana

It was another bruising week for bitcoin and ether ETFs, both of which posted deep outflows, while solana ETFs once again stood out as the lone winner. ETF Markets Split: Bitcoin and Ether Sink as Solana Stays Green Some weeks tell a story before the numbers even settle.

Bitcoin Bleeds, Ether Struggles, Solana Shines in Weekly ETF Flows

Crypto majors bitcoin BTC$86,097.37, ether ETH$2,798.13, XRP$2.0604 and solana SOL$129.11 consolidated over the past 24 hours following a volatile week that saw the broader market fall to the lowest levels in months.

Crypto Markets Today: Fear Dominates as Altcoins Lag, Bitcoin Tests Key Levels

Bitcoin BTC$86,169.11 has logged six down weeks out of the past seven, falling roughly 35% from $126,500 in October to around $81,000 before slightly recovering to above $85,000.

Bitcoin Longs on Bitfinex Jump 40% in Three Months as Traders Double Down on Dip

Dogecoin

Bitcoin is trading around $86,000 on Monday morning, with liquidations topping $220 million over the past 24 hours. Bitcoin ETFs saw $238.5 million in net inflows on Friday, while Ethereum ETFs pulled in another $55.7 million.

Bitcoin AT $86,000, Ethereum, XRP, Dogecoin Stabilize On Monday Open

Bitcoin BTC$85,910.65 mining is experiencing a significant revival in China even though the activity was formally banned in 2021, according to Reuters.

China Returns as Third Largest Bitcoin Mining Hub With a 14% Share: Reuters

While markets initially reacted with uncertainty to Japan's massive stimulus, the long-term effects of a weak yen and measures to defend it could propel bitcoin to new records, even amid the current uncertain macroeconomic backdrop.

How the Yen's Downfall Might Spark a Bitcoin Renaissance

Bitcoin mining is quietly staging a comeback in China despite being banned four years ago, as individual and corporate miners exploit cheap electricity and a data center boom in some energy-rich provinces, according to miners and industry data.

Bitcoin mining in China rebounds, defying 2021 ban

A week ago, CoinDesk highlighted a bearish shift in the BTC options market, with the $85,000 put overtaking the $140,000 call as the most popular bet on crypto exchange Deribit.

$80K Bitcoin Put Now Most Popular Bet

Renowned economist Peter Schiff dismissed Strategy Inc. (NASDAQ:MSTR) as nothing more than a “highly leveraged” Bitcoin (CRYPTO: BTC) bet on Sunday, arguing against its inclusion in global equity benchmarks. Strategy Not A ‘Real Operating Business,' Says Schiff In an X post, Schiff highlighted last week's report by JPMorgan analysts that the company risks delisting from major equity indices, such as the MSCI World Index and Nasdaq 100, due to the ongoing sell-offs.

Peter Schiff Questions Strategy's Inclusion In Global Equity Indexes After JPMorgan's Warning: Bitcoin Bull Michael Saylor Calls Report 'Alarmist'

The 11 U.S.-listed spot bitcoin ETFs shattered trading records last week, with cumulative volumes surpassing $40.32 billion, indicating likely institutional capitulation.

Bitcoin ETFs, Led By BlackRock's IBIT, See Record $40B Trading Volume as Institutions Capitulate

US spot bitcoin ETFs reported $1.22 billion in net outflows last week, bringing four-week cumulative outflows to $4.34 billion.

Spot bitcoin ETFs shed $1.2 billion in 4th consecutive outflow week

Bitcoin's longest weekly slump in over a year puts it on track for its worst quarter since 2018, with a potential bull trap looming.

Bitcoin Logs Longest Losing Streak Since 2024 as Fed Repricing Fuels Cautious Rebound

Eric Trump, co-founder of American Bitcoin Corp. (NASDAQ:ABTC), reiterated his bullish stance on Bitcoin (CRYPTO: BTC) in an interview aired Saturday, encouraging investors to buy the current market dip. Trump Urges To Buy The Dip During an interview with CNBC, Trump was asked whether he planned to capitalize on the ongoing slump to add more BTC to his company's reserves.

Eric Trump Says 'Great Time' To Buy Bitcoin, Adds $1 Million Prediction Still On, But May Take 'Some Years'

Market structure remains fragile, and bitcoin is expected to consolidate within a tight range of $85,000 to $90,000, analysts said.

Bitcoin bounces back to $87,500 under ‘fragile' market structure: analysts

Leading cryptocurrencies rebounded alongside stocks on Sunday, as investors raised the prospect of a December rate cut following dovish signals. Cryptocurrency Gains +/- Price (Recorded at 8:25 p.m.

News for Bitcoin Crypto (BTC)