#bitcoin

#bitcoin

Bitcoin price plunged to $88,000s on Friday, down over 4% in the past 24 hours. The cryptocurrency is trading near its seven-day low of $88,091, and about 4% below its seven-day high of $92,805. The global market capitalization for Bitcoin now stands at $1.77 trillion, with a 24-hour trading volume of $48 billion. Despite the recent drop, Wall Street bank JPMorgan remains bullish on the Bitcoin price over the long term.

Bitcoin-linked stocks surged on Tuesday as the broader crypto market staged a sharp recovery and Bitcoin reclaimed the $91,000 level. Strategy was the standout mover, rising faster than both Bitcoin itself and most major tech names at times. MSTR shares climbed 8.66% at times to $186.26, lifted by heavy trading volume that exceeded 4.4 million shares. MSTR is currently trading at $182.74. The move slightly outpaced Bitcoin's rebound to $91,000 and signaled renewed appetite for high-beta exposure to the digital asset through equities.

Bitcoin price ripped back above $91,000 on Tuesday, extending a powerful rebound as Wall Street institutions deepen their push into digital assets. The bitcoin price traded at $91,089 at press time, up 8% over the past 24 hours. Trading volume surged to $78 billion, marking one of the strongest sessions of the past month. Bitcoin price is now sitting just above its 7-day high of $89,966 and remains 7% above last week's low of $83,989.

Bitcoin is stabilising today above 86,000 dollars, rising by 0.7 percent after yesterday's heavy selloff that saw a 4.5 percent decline at the close and more than 7 percent intraday. Bitcoin's recent stabilization is masking deeper fragility beneath the surface. According to current market dynamics, whales continue to offload holdings, leverage reset remains incomplete, and no convincing signs of a bottom have emerged.

Since 2016, Europol said, Cryptomixer facilitated the laundering of 1.3 billion euros ($1.5 billion) in bitcoin. Hackers and other criminals use laundering services such as Cryptomixer to obfuscate and hide the provenance of their cryptocurrency. By design, cryptocurrencies such as Bitcoin and Ethereum are built on public blockchains that allow law enforcement, as well as blockchain intelligence firms such as Chainalysis and Elliptic, to follow the money over time.

Bitcoin touched $81,050-its lowest level since April-while Ethereum ( CRYPTO: ETH) plunged 10%. Major tokens like Solana, XRP, and Binance Coin weren't spared either, losing between 20% and 35% from their November highs. Coinglass reported that 391,000 traders were liquidated, and the Crypto Fear & Greed Index sank to 11, a level not seen since the FTX collapse in November 2022.

In the ever-evolving cryptocurrency landscape, both investors and miners face a growing challenge-how to mine profitably while maintaining security, transparency, and sustainability. In an industry often affected by cyberattacks, energy concerns, and unreliable platforms, FutureWave Mining emerges as a forward-thinking solution. By integrating cutting-edge technology, renewable energy, and accessible cloud mining, FutureWave Mining sets a new standard for safe, sustainable, and intelligent crypto mining.

Advanced financial tools offer executives sophisticated mechanisms for active risk management and enhanced capital efficiency. Digital assets have moved from a volatile curiosity to a key part of the global financial landscape. When you look at the onboarding process from a fundamental level, understanding the simple Kraken Bitcoin steps on how to invest in this asset and hold it, you will see this is only the beginning.

With Thanksgiving fast approaching in the US, volume across all markets is starting to dwindle as traders, investors, and various market participants start to travel for the holidays. Bitcoin made a local high at the end of yesterday at around $89,100. Since then, it's slowly been grinding down, only to start seeing bids again once buy orders were triggered in the low $86k range in the last few hours. With the announcement of the Genesis Mission by the White House yesterday, many believe that we will see the risk on market return. Bitcoin bulls would welcome this greatly, as this type of environment will see more long positions and ETF inflows.

And while the selling has slowed, the mood across markets remains fragile. The move reflects a global risk-off tone. S&P 500 futures were slightly red after a strong rebound yesterday. Asia traded mixed. Europe opened flat-to-lower. The bitcoin price followed suit, behaving more like a high-beta tech asset than a macro hedge - a correlation that has only strengthened in recent weeks.

Strategy is "not a fund, not a trust, and not a holding company." He described the firm as a publicly traded operating company with a $500 million software business and a unique treasury strategy that uses Bitcoin as productive capital. Saylor highlighted the company's recent activity, including five public offerings of digital credit securities - $STRK, $STRF, $STRD, $STRC, and $STRE - representing over $7.7 billion in notional value.

A death cross appears when a short-term moving average falls below a longer-term moving average, signaling that short-term momentum's turned negative. In Bitcoin's case, the 50-day average dipped under the 200-day on November 16, while the price fell to around $93,000. Technical traders view this as a bearish signal because it shows sellers have dominated recent sessions. Although death crosses aren't automatic crash indicators.

It's getting ugly out there. On Friday, Bitcoin's latest swoon saw it fall to $82,000, marking a drop of around 32% from its all-time high of $126,000. That high came just last month, but it now feels like a distant memory as exchanges liquidate over-leveraged traders, and retail buyers curse the day a cousin gave them that tip about Bonk coin. So just how much lower will prices drop?

Bitcoin dipped well below $87,000 on Thursday, continuing a devastating, weeks-long slump. The cryptocurrency is down almost ten percent over the last five days alone, wiping out much of its gains over the last seven months. It's lost just over 30 percent of its value since hitting an all-time high of over $126,000 in early October. The crypto industry as a whole has wiped out a staggering $1 trillion in market capitalization - and that's under president Donald Trump, who's positioned himself as a firm ally of the sector.

Billionaire investor Ray Dalio, founder of Bridgewater Associates, reiterated his cautious stance on Bitcoin this week, revealing that he holds only a small fraction of the cryptocurrency in his portfolio. Speaking on CNBC's Squawk Box, Dalio said, "I have a small percentage of Bitcoin... I've had it forever, like 1% of my portfolios," underscoring his committed and limited exposure to the asset.

Under the proposed legislation, taxpayers would be able to transfer bitcoin (BTC) to the Treasury or to approved financial agents designated by the Secretary of the Treasury. The transferred BTC would count as full satisfaction of tax liabilities, with no capital gains recognized on the transaction. Fair market value at the time of transfer would determine the amount credited, similar to how foreign currency payments are handled today.