# Price Drop Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Price Drop", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Bitcoin Drops To $59,000 For First Time Since 2024: Crypto’s Total Value Sheds $2 Trillion Since October

Bitcoin's decline accelerated on Friday, dropping to approximately $59,685, its lowest point since October 2024. This sell-off has extended across the broader cryptocurrency market, erasing over $2 trillion in value from its October 2025 peak of around $4.2 trillion. Major factors cited include significant outflows from Bitcoin ETFs and renewed geopolitical tensions. Other major cryptocurrencies, including Ethereum, XRP, Solana, and Dogecoin, also experienced significant drops, with Ethereum falling over 12% to its lowest level since April 2025. Market sentiment has deteriorated sharply, with the crypto Fear & Greed Index indicating "extreme fear." Bitcoin is now down more than 50% from its all-time high of about $126,000 in October, with its market capitalization falling from roughly $2.5 trillion to $1.2 trillion. Looking ahead, some traders project Bitcoin could recover to around $65,000 by year-end, but this would still leave it far below its previous peak, suggesting a full recovery from current losses may not be imminent.

bitcoinist7h ago

Bitcoin Drops To $59,000 For First Time Since 2024: Crypto’s Total Value Sheds $2 Trillion Since October

bitcoinist7h ago

Bitcoin Falls To $61,300 As Mt. Gox Moves BTC, Raising Selloff Concerns

Bitcoin fell to around $61,300 as markets reacted to Mt. Gox moving funds, raising selloff concerns. The defunct exchange transferred 116.3 BTC (worth ~$8.16 million) directly to Bitstamp, following a larger earlier move of 10,422.65 BTC (~$739 million) to a new wallet. The trustee is working towards the final creditor repayment deadline of October 31, 2026. While most eligible creditors have been repaid, roughly 24,081 BTC (~$1.55 billion) remains under Mt. Gox control, and its on-chain movements are closely watched for potential market pressure. Bitcoin later recovered above $64,000.

bitcoinist22h ago

Bitcoin Falls To $61,300 As Mt. Gox Moves BTC, Raising Selloff Concerns

bitcoinist22h ago

Bitcoin Whales Most Active In Six Weeks As BTC Drops Under $67,000

Bitcoin whale transaction activity has surged to its highest level in six weeks, with over 10,000 daily transfers involving at least $100,000. This spike coincides with BTC's price dropping below $67,000 for the first time since early April. While the increased whale activity suggests significant market moves, the data alone cannot confirm whether it represents selling or accumulation. Concurrently, CryptoQuant's Bull Score Index has plunged to a value of 10, indicating extremely bearish market conditions. The asset's trajectory remains uncertain as it navigates this period of high whale movement and negative sentiment.

bitcoinist2 days ago 13:32

Bitcoin Whales Most Active In Six Weeks As BTC Drops Under $67,000

bitcoinist2 days ago 13:32

Cardano Or Solana? Expert’s Top Pick After ADA, SOL Dip 10%

The broader crypto market pulled back as Bitcoin briefly fell below $67,000, causing Solana (SOL) and Cardano (ADA) to each drop 10% weekly. Market expert Anders Bylund compared the two networks, ultimately favoring Solana. He frames Solana as a network built for speed and low transaction costs, though its history includes outages and technical issues, with stability improving recently. Cardano is described as taking a methodical, research-first approach focused on correctness and formal verification, which may slow development. In terms of practical usage, Bylund highlights Solana's significant lead, noting its decentralized exchanges handle over 400 times the volume of Cardano's. While acknowledging Cardano's dedicated community, he argues Solana's clear activity metrics make it the stronger pick for investors, who will be judged on real-world adoption rather than research elegance. The report adds a risk warning, stating both assets are volatile and would likely fall 50-70% if Bitcoin dropped 30%. At the time of writing, ADA traded at $0.21 (down 92% from its all-time high) and SOL at $76 (down 73% from its peak).

bitcoinist06/03 05:05

Cardano Or Solana? Expert’s Top Pick After ADA, SOL Dip 10%

bitcoinist06/03 05:05

Bitcoin Sentiment Back To Extreme Fear As Price Slips Under $76,000

The Bitcoin Fear & Greed Index has fallen back into "extreme fear" territory with a value of 25, following a recent price retracement. Bitcoin's price has slipped below $75,500 after briefly recovering above $77,000. Historically, such extreme fear levels have been associated with potential market bottoms, though the indicator can remain in this zone for extended periods before a reversal. Concurrently, social media sentiment analysis shows bearish commentary currently outweighing bullish sentiment, reflecting broader market pessimism.

bitcoinist05/28 11:18

Bitcoin Sentiment Back To Extreme Fear As Price Slips Under $76,000

bitcoinist05/28 11:18

Bitcoin Slides to Three-Week Low Under $77K Amid Bear Dominance

Bitcoin (BTC) has dropped to a three-week low below $77,000, erasing gains made since early May. This decline follows a recent surge to 13-week highs above $83,000, driven by optimism around US crypto regulation and strong ETF inflows. Over $600 million in long positions were liquidated in the past day, with $190 million from Bitcoin. Analysts point to a negative technical divergence as BTC faced resistance above $82,000. Key support is seen at $76,000; a break below could target the $71,000-$73,000 zone or even the $65,000 local low. Geopolitical tensions, including US-Iran relations and oil supply concerns, contributed to broader market volatility.

TheNewsCrypto05/18 14:36

Bitcoin Slides to Three-Week Low Under $77K Amid Bear Dominance

TheNewsCrypto05/18 14:36

EDGEX drops 10% as sentiment flips bearish: Will long positions unwind next?

EDGEX has declined by 10.5% in the past 24 hours, signaling a potential reversal after a strong two-week rally where it gained up to 92%. The downturn is driven by weakening fundamentals and a sharp shift in investor sentiment. Bullish sentiment dropped from over 80% to just 33% within a day, with two-thirds of investors now expecting further downside. The number of holders also decreased significantly, accelerating capital outflows and reducing market capitalization by over $34 million. Despite bearish spot market conditions, futures traders maintain a positive funding rate, indicating dominant long positions. This divergence raises the risk of cascading liquidations if the decline continues, potentially amplifying selling pressure.

ambcrypto04/09 20:27

EDGEX drops 10% as sentiment flips bearish: Will long positions unwind next?

ambcrypto04/09 20:27

Canary Capital files for Spot PEPE ETF amid community backlash: ‘Embarrassing’

Canary Capital has filed for a Spot PEPE ETF, potentially making it the second memecoin ETF after Dogecoin. However, the move has faced significant community backlash, with many criticizing it as "embarrassing" and lacking a solid investment thesis. Analysts and users expressed skepticism, noting that PEPE's value relies heavily on hype and community engagement. The existing Spot DOGE ETF has seen weak demand, with mostly zero flows since March, indicating limited Wall Street interest. Despite retail bullishness post-filing, whale investors remained defensive, and PEPE's price dropped 10% shortly after the announcement, hovering near yearly lows.

ambcrypto04/09 14:03

Canary Capital files for Spot PEPE ETF amid community backlash: ‘Embarrassing’

ambcrypto04/09 14:03

DEXE dumps 15% as seller dominance surges – Warning sign?

DEXE experienced a sharp decline of 15.27%, dropping to $7.6, despite a broader crypto market rebound. The altcoin lost the $8 support level, falling as low as $7.3, and moved below the Parabolic SAR, indicating strong bearish pressure. The drop was driven by increased profit-taking, a surge in seller dominance, and a significant rise in trading volume dominated by selling activity. Open Interest declined slightly while Derivatives Volume spiked, suggesting aggressive position closures. Futures net flow turned negative, reflecting strong bearish sentiment. A recovery above $7.9 could lead to a rebound toward $9.2, but failure may result in a further decline toward $7 or even $5.1.

ambcrypto04/09 02:02

DEXE dumps 15% as seller dominance surges – Warning sign?

ambcrypto04/09 02:02

Memecore’s rejection at $3 traps bulls: Here’s what happens next

Memecore (M) experienced a sharp reversal after failing to sustain a break above the key $3 resistance level, trapping bullish investors. After an initial 5.5% surge, the price dropped 3.5%, signaling a potential significant downturn. Technical analysis suggests a repeat of historical patterns where similar rejections led to drops of 46% and 58%. If the price closes below $2.60, a further 23% decline to $1.98 is likely. Market data supports a bearish outlook, with over $1 million in assets moved to exchanges—the highest since December 2025—indicating holders are preparing to sell. Additionally, liquidation data shows heavy leverage at $2.514 and $3.039, making an upward move to $3 unlikely in the near term. The ADX indicator reading of 51.71 confirms a strong directional trend, currently in favor of the bears.

ambcrypto04/07 21:02

Memecore’s rejection at $3 traps bulls: Here’s what happens next

ambcrypto04/07 21:02

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