Global stock and crypto markets remained tense on February 13 after new US inflation data showed prices continued to cool in January. Investors also reacted to reports that President Donald Trump is considering changes to steel and aluminum tariffs. Data from the Bureau of Labor Statistics showed that the headline Consumer Price Index fell to 2.4% in January, down from 2.7% in December. On a monthly basis, inflation slowed to 0.2% from 0.3%. Core inflation, which excludes food and energy prices, eased to 2.5% from 2.6%. The figures suggest that price pressures are cooling, even as many economists had expected…
Author: Sazid Kabir
Ethereum has come under renewed pressure after falling sharply over the past week, with technical indicators pointing to further downside even as the amount of ETH held on exchanges drops to its lowest level in nearly a decade. The price of Ethereum has declined by about 13% over the past seven days and is down nearly 46% from its high earlier this year. On 6 February, it fell to around $1,800 before recovering modestly and trading in a narrow range between $2,000 and $2,100 in recent sessions. The broader cryptocurrency market has also weakened, shedding more than $1tn in value…
Fresh capital is no longer flowing into Bitcoin markets, raising concerns that the recent price decline could mark the early stages of a bear market, according to on-chain analytics firm CryptoQuant. The firm said new investor inflows have turned negative, meaning selling pressure is no longer being absorbed by fresh demand. In a note, CryptoQuant warned that this pattern is typical of early bear markets, where price weakness leads investors to withdraw rather than buy into dips. Bitcoin has fallen about 23% over the past 80 days after dropping below its 365-day moving average for the first time since 2022.…
Sam Bankman-Fried, the former head of the collapsed cryptocurrency exchange FTX, has used social media from a US prison to deny that the company was ever bankrupt, directly contradicting court rulings and regulatory findings. Mr Bankman-Fried is serving a 25-year federal prison sentence after being convicted of fraud and conspiracy over the misuse of customer funds at FTX. In a post published on X on 10 February, his account stated that “FTX was never bankrupt” and accused lawyers of filing a “bogus” Chapter 11 bankruptcy shortly after taking control of the company. US prison rules do not allow inmates unrestricted…
Altcoins have fallen to their weakest level on record against gold, according to analysts, as the price of the metal trades near $5,000 an ounce and highlights a widening gap between traditional safe assets and riskier digital tokens. Market analyst Michaël van de Poppe said the relative strength index (RSI) for altcoins versus gold has dropped to around 25 on a weekly basis, a level he described as unprecedented. He noted that the only comparable period of stress was during the market crash at the start of the Covid-19 pandemic. The sharp move reflects months of underperformance across non-major cryptocurrencies,…
The crypto market stayed under pressure on Monday, Feb. 9, as a recent rebound lost momentum. Investor caution grew after reports that China asked its banks to reduce exposure to U.S. government debt. Bitcoin fell below the key $70,000 support level during the session. The total crypto market value dropped about 2.75% in the last 24 hours, reflecting weak risk appetite across digital assets. Market stress was also visible in sentiment data. The Crypto Fear and Greed Index remained deep in the extreme fear zone. More than $356 million worth of leveraged positions were liquidated as prices moved lower. The…
Michael Saylor’s Strategy continued buying Bitcoin last week, even as prices fell to their lowest levels since 2024. The move shows the company’s long-term conviction despite growing paper losses. In a statement, Saylor said Strategy bought 1,142 Bitcoin at an average price of $78,815. This purchase raised its total holdings to 714,644 Bitcoin, valued at more than $49 billion at current market prices. Data from Bitcoin Treasuries shows Strategy’s average cost per Bitcoin is about $76,052. With Bitcoin trading near $69,000, the company is sitting on an unrealized loss of nearly 10%. Total unrealized losses are estimated at around $5…
Bitcoin is under pressure as selling continues across the crypto market. Traders are watching key price levels closely to understand whether Bitcoin will hold support or fall further in the coming days. As of February 9, Bitcoin is trading near $68,400. The price is down about 2.7% in the last 24 hours and is moving in a tight range between $68,000 and $70,000. This sideways movement shows market consolidation after strong volatility earlier this year. The recent pullback came after Bitcoin failed to hold above $97,900 in January. That level marked a local top and slowed short-term momentum. Despite the…
Bitcoin swung wildly this week, falling $10,000 in hours before rebounding above $70,000 amid market speculation. The digital currency had dropped to $60,000, more than 50% down from its October 2025 peak of $126,000. The rebound followed rumors that the Trump administration purchased bitcoin during the crash to add to the U.S. strategic reserve. CNBC host Jim Cramer mentioned on air that the White House could be “filling the bitcoin reserve” at $60,000 per coin. Cramer’s clip quickly went viral, with social media posts racking up over 1.1 million views. Analysts and crypto commentators described the rumor as “wild,” “massive,”…
Bitcoin recently saw a sharp sell-off that pushed prices close to the $60,000 level before buyers stepped in. The quick rebound helped stabilize the market, but analysts say this move alone does not confirm that the downtrend is over. Market data suggests the bounce may be a pause rather than a full recovery. Several indicators still point to a broader corrective phase, keeping investors cautious about what comes next. One key signal is Bitcoin’s Relative Unrealized Loss, which tracks how much of the market is holding coins at a loss. During the recent drop, this metric rose to around 24%,…