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The crypto market crash seems to be deepening. CoinGecko data shows that Bitcoin’s (BTC) price has fallen to the $107,000 price level, and the global market cap has dipped 4.4% in the last 24 hours to $3.72 trillion. BTC is barely holding on to the $107k price point. The original cryptocurrency’s trajectory will determine where the larger market goes. CoinGecko highlights that BTC’s price has fallen 3.9% in the last 24 hours, 11.7% in the last week, 10.9% in the 14-day charts, and 7.9% over the previous month. Let’s discuss if Bitcoin’s (BTC) price faces a threat of falling below the $100,000 price level. Source: CoinGecko Will the Market Crash Pull Bitcoin Below $100,000? The latest market crash has been one of the most significant corrections in crypto history. The dip was likely triggered by trade disputes between the US and China. While there was a slight recovery, the rally did not last. According to CoinGlass data, the crypto market has seen more than...

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Although they’d hate to admit it, even Michael Saylor’s biggest fans would agree that Jim Chanos’ bearish Strategy (MSTR) trade this year has been exceptionally profitable. Chanos sold shares short and fully hedged that short-sale with a long bitcoin (BTC) position. In other words, rather than betting against MSTR’s overvaluation on an absolute basis, he merely prepared for its premium relative to its BTC holdings to collapse. It has. On May 14 at the 2025 New York Sohn Investment Conference, Chanos explained that he’d been building his short position in Strategy (formerly MicroStrategy) since its 2.5x mNAV in November 2024. On numerous podcasts and interviews over the past few months, he’s reiterated that his overall cost basis is above 2x mNAV . That’s a terrific cost basis for someone betting a low-single digit percentage of his fund on the price of MSTR declining. As of today, MSTR’s basic mNAV has declined to 1.42x, and its new...

An economist known for calling a blow-off top for the markets predicts that the total crypto market cap will skyrocket over 250% from current levels. Henrik Zeberg tells his 186,700 followers on the social media platform X that he’s keeping a close watch on the TOTAL chart, which tracks the total market cap of crypto, excluding stablecoins. The economist predicts that TOTAL will soar to $12.95 trillion in a wave five rally, supported by rising momentum as indicated by the relative strength index (RSI) and the relative vigor index (RVGI). His chart also notes that the moving average convergence divergence indicator (MACD) is on the up and up, suggesting that the asset class is amid a strong uptrend. Both the RSI and the RVGI are momentum indicators, while the MACD is a trend-following oscillator. Zeberg says that the rally will be fueled by a massive euphoria phase as witnessed in 2017 and 2021. “12 Trillion USD Crypto Market? Just imagine…....

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A closely followed crypto analyst says that once a key Bitcoin (BTC) metric reverses, altcoins may print explosive rallies. Crypto trader Rekt Capital tells his 549,600 followers on the social media platform X that the Bitcoin dominance (BTC.D) metric may enter a downward phase after hitting a historic peak level, setting the stage for alts to outperform the flagship crypto asset. “BTC dominance: if history repeats, the real altseason everybody is waiting for would begin once Bitcoin dominance rejects from 71% (red).” Source: Rekt Capital/X BTC.D is a metric that calculates how much of the crypto market cap belongs to Bitcoin. A bearish BTC.D chart indicates that altcoins are printing gains faster than BTC. The analyst also says BTC.D may not hit exactly 71% before reversing, but somewhere within that area. “There really is no point in arguing about whether BTC.D will ultimately top out at 71% or at 69% or at 67%. The majority of the Bitcoin do...

Robert Kiyosaki, famed investor and author of the bestselling personal finance book ‘Rich Dad Poor Dad ’, has put forward an optimistic view of Bitcoin (BTC), despite the recent pullback. On February 25, BTC saw a sharp 7% decline, down to $87,000 — a price point last seen in November of 2024. Prices subsequently dropped to $85,810 a day later, following record exchange-traded fund (ETF) outflows to the tune of $940 million. At press time, BTC was trading at a price of $86,310 — having marked an 11.39% drop on the weekly chart that has brought year-to-date (YTD) losses up to 8.12%. Picks for you Cronos introduces new prepaid card withdrawal Features 2 hours ago Stacks’ sBTC token sees increasing adoption by institutional clients ...