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Bitcoin's recent market movements have sparked a mix of optimism and caution among investors. After reaching an all-time high of over $108,000, Bitcoin has experienced a notable pullback, reminiscent of its historical patterns post-halving. Analysts are drawing parallels to the 2020 cycle, where Bitcoin saw a significant rise after a similar retracement, suggesting a potential climb to $225,000 in the future. However, the current market sentiment is weighed down by Jerome Powell's remarks on interest rates and concerns over a possible government shutdown, leading to substantial liquidations across the crypto space. As 21Shares prepares to launch a Polkadot trust in Delaware, the ETF landscape continues to evolve amid these turbulent times. Stay tuned for more insights as we navigate this dynamic market.

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The global crypto market cap is $3.33 trillion, with a 24-hour volume of $360.23 billion. The price of Bitcoin is $97,180.86, and BTC market dominance is 57.6%. The price of Ethereum is $3,375.12, and ETH market dominance is 12.2%. The best-performing sector is Derivatives, which gained 6%. The Crypto Fear & Greed Index is currently Greed (74).

📰 Top News

Bitcoin pullback mirrors 2020 reversal 250 days post-halving, it then rose 140%

Repeating history? Bitcoin's cyclical journey suggests potential rise to $225,000.

Bitcoin loses $100k as markets continue to slide in reaction to Fed’s slower pace for 2025

In addition to Jerome Powell's recent remarks on the US interest rate policy, a potential government shutdown is in play.

21shares registers Polkadot trust in Delaware in preparation for ETF

The filing is a potential DOT-indexed exchange-traded fund, a part of a wave of new ETFs expected by analysts.

Bitcoin and Ethereum take a hit as $1.2 billion in crypto liquidated

Traders across the market saw significant losses in the wake of Fed's latest monetary policy update.

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📈 Latest Insights

• US Bitcoin ETFs face largest outflow since launch breaking 15-day streak

• Marathon and Hut 8 scoop up $1.6 billion worth of Bitcoin during market dip

• Bitcoin dominance rises to 60% as altcoins falter

🗞️ More News

• Investors sue ‘Hawk Tuah’ memecoin creators, promoters over alleged securities law violations

• German regulator orders Worldcoin to enhance privacy measures after biometric data probe

• Institutions absorb 8 years’ worth of Bitcoin issuance in 2024

• US government rejects Sam Bankman-Fried’s conviction appeal

• El Salvador defies IMF, ramps up Bitcoin strategy with latest purchase of $1M BTC