Bitcoin has been showing weakness in the past few weeks as long-term holders are bringing their coins back to the market, raising concerns about the sustainability of the recent uptrend. Data from Glassnode shows that around 62,000 BTC, worth $7 billion, has been transferred out of long-term holder wallets since mid-October. Bitcoin illiquid supply drops
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On July 24, 2025, Bitcoin experienced a notable price decline, dropping from its recent all-time high of approximately $123,000 to around $115,500, representing a decrease of roughly 6-7%. This downturn, while not unprecedented given the volatile nature of cryptocurrencies, has sparked significant discussion among investors and market analysts. This note aims to provide a comprehensive
Bitcoin is projected to skyrocket 14x to $1.5 million per coin, fueled by accelerating adoption and growing distrust in fiat currencies, a bold forecast shared by billionaire Ricardo Salinas as confidence in digital assets surges worldwide. Billionaire Predicts Bitcoin Will 14x and Surpass Gold Bullish sentiment toward bitcoin continues to accelerate as investors increasingly regard