BTC in the spotlight: latest news

Ethereum (ETH) led the recovery in the cryptocurrency market during the third quarter, surpassing bitcoin (BTC) as investors shifted their capital towards altcoins and decentralized finance (DeFi) protocols, according to a report by CoinGecko.

Bitcoin has experienced significant volatility this October, with a decline of 5.33%, marking its first negative performance in the month over the past six years.

Investor interest in Bitcoin has surged due to the introduction of Bitcoin ETFs. Meanwhile, XRP has emerged from previous government scrutiny, allowing financial firms to potentially launch new initiatives involving the cryptocurrency.

The cryptocurrency market is valued at approximately $3 trillion, with Bitcoin (BTC-USD) leading the market, closely followed by Ethereum (ETH-USD). The head of the Solana Foundation emphasized the importance of diversifying one's crypto portfolio.

Bitcoin investors should prepare for potential volatility. Jon Glover, an Elliott Wave analyst and Chief Investment Officer at Ledn, has predicted that the price of Bitcoin could decline to $70,000 or lower.

Bitcoin is currently trading around $108,600 following $20 billion in liquidations. While institutions have sold off $268 million worth of Bitcoin, retail buyers are stepping in to purchase at lower prices, indicating a potential shift in market dynamics as Bitcoin eyes the $150,000 mark.

In the past week, Bitcoin has underperformed, while gold has shown strong performance. As a result, gold has begun to capture some of Bitcoin's reputation as a reliable store of value.

Options data indicates a bullish shift in the market, with traders moving from Bitcoin (BTC) and Ethereum (ETH) towards XRP and Solana (SOL). Currently, XRP is consolidating around $2.40 as traders anticipate a potential breakout.

Michael Saylor, founder of Strategy, recently shared a chart on X showing the company's Bitcoin accumulation, which has reached approximately 640,250 BTC, valued at around $69 billion. Traders are preparing for potential market impacts following this announcement.

Bitcoin remains the leading cryptocurrency, setting the stage for a growing array of altcoins. In 2025, market dynamics are expected to evolve significantly, presenting opportunities for investors to explore six promising altcoins that are emerging this week.

Bitcoin has experienced a significant price drop, reflecting a broader recession in the global market. This decline highlights concerns about economic instability, inflation, and potential investment losses.

Research on Bitcoin's energy consumption has expanded to examine the overall environmental impact of mining and its potential role in advancing the transition to sustainable energy.

Bitcoin has experienced significant volatility in recent weeks. After falling below $125,000 earlier this month, the cryptocurrency has made a recovery. Analysts are now speculating whether Bitcoin can reach new highs in October.

Ross Calvin, a Bitcoin mining entrepreneur, has proposed a $450 million project to erect a 450-foot statue of Prometheus on Alcatraz Island. This ambitious plan highlights the growing influence of cryptocurrency within US politics.

Experiencing a 50,000% return over a decade from a single investment is astonishing. This remarkable achievement is exactly what Bitcoin (CRYPTO: BTC) has accomplished.

Bitcoin is expected to surge to $1.5 million per coin, reflecting a potential increase of 14 times its current value. This optimistic prediction is driven by increasing adoption of Bitcoin and a rising skepticism towards traditional fiat currencies.

Bitcoin (BTC) is showing initial signs of a possible rebound, as large investors increase their holdings below the $107K mark. This accumulation suggests that a new bullish trend may be on the horizon, supported by the 50-day simple moving average (SMA) and the relative strength index (RSI), indicating a potential breakout towards $123K.

Bitcoin is facing its worst October performance since 2015, with a decline of 5% thus far. This downturn is largely attributed to macroeconomic risks, including the ongoing tariff tensions between the U.S. and China.

Bitcoin has experienced a continued corrective trend this week, falling from its all-time highs and testing crucial trendline and support levels. This shift indicates the first signs of bearish movement in the market.

The UK's largest retail investment platform has cautioned investors against including Bitcoin in their portfolios, labeling it as too risky. The platform emphasized that Bitcoin does not qualify as an asset class and lacks intrinsic value.

Bitcoin-exposed stocks struggled at the end of the week, with most mining companies and firms holding Bitcoin in their treasury experiencing declines on Friday.

Bitcoin (BTC-USD) is stabilizing around $107,000 following unprecedented ETF outflows of $536 million. BlackRock's IBIT currently manages $90 billion in assets under management, and analysts anticipate a rebound in ETF inflows.

According to prediction platform Polymarket, Bitcoin has a 52% likelihood of dropping below $100,000 this month.

In the past decade, Bitcoin has generated an impressive return of 32,530% as of April 3. However, its price currently faces downward pressure.