# Сопутствующие статьи по теме Bitcoin

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Bitcoin", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

Bitcoin Continues to Plunge, Whether MSTR Is Forced to Sell Becomes Focus

Bitcoin is undergoing a severe stress test as its price continues to decline, falling below key psychological levels and approaching the cost basis of major institutional holders like MicroStrategy. The drop has intensified concerns over liquidity and potential forced selling. MicroStrategy’s Executive Chairman Michael Saylor signaled intentions to continue accumulating Bitcoin, even as the company raised the dividend on its perpetual preferred shares to attract capital. However, high financing costs could strain cash flow if Bitcoin remains near or below its breakeven level. Analyst Jim Bianco highlights that the market is facing a “narrative exhaustion.” Around 10% of Bitcoin’s circulating supply is held by ETFs and MicroStrategy, with an average entry price of approximately $85,360. These positions are now at a collective unrealized loss of roughly $8,000 per Bitcoin, totaling about $7 billion. Bitcoin ETFs have seen net outflows for 10 consecutive days, reflecting weakening demand from earlier high-entry investors. MicroStrategy, though still marginally profitable, faces thinning buffers. Its aggressive funding strategy—offering high-yield preferred shares—underscores both its commitment and financial vulnerability. The broader concern is the lack of new catalysts. The “institutional adoption” narrative has largely played out, and without fresh demand drivers, the current high concentration of underwater institutional holdings could turn into a source of persistent selling pressure.

华尔街日报02/02 00:20

Bitcoin Continues to Plunge, Whether MSTR Is Forced to Sell Becomes Focus

华尔街日报02/02 00:20

The Real Culprit Behind the Crypto Crash: The Warsh Effect

The cryptocurrency market crash, termed the "Warsh Effect," was triggered by former President Donald Trump's announcement nominating Kevin Warsh, a known monetary policy hawk, as the next Federal Reserve Chair. This news caused significant sell-offs, with Bitcoin dropping over 13% from ~$90,400 to $78,214, and Ethereum and Solana falling over 18% in a week. Key reasons include expectations of tighter monetary policy under Warsh, leading to reduced liquidity and higher real interest rates, which negatively impact risk-sensitive assets like crypto. This triggered massive outflows from Bitcoin and Ethereum ETFs (~$1 billion in a day), initiating a cascade of leveraged liquidations. However, Warsh's views on Bitcoin are nuanced; he has called it a valuable policy barometer and acknowledged its role in U.S. competitiveness. His actual influence remains limited as Fed policy is set by the broader FOMC, which is already cautious about rate cuts. The market's reaction blends fear of monetary tightening with uncertainty over his confirmation, which faces Senate hurdles. The outcome of his confirmation hearings will be critical for future crypto market trends.

marsbit02/02 00:09

The Real Culprit Behind the Crypto Crash: The Warsh Effect

marsbit02/02 00:09

Strategy’s Bitcoin Cost Basis In Focus As Price Hovers Around $76K

Bitcoin experienced a sharp decline over the weekend, dropping to around $76,000 and testing the average cost basis of MicroStrategy’s substantial holdings of over 712,000 BTC. The price briefly fell below the company’s $76,000 per Bitcoin acquisition level, threatening to push its position into unrealized losses. Despite the volatility, MicroStrategy’s executive chairman Michael Saylor affirmed the company’s long-term commitment to its Bitcoin strategy. Meanwhile, CryptoQuant’s head of research, Julio Moreno, cautioned that current market conditions are not a typical bull market correction and that the bear phase may persist, making it difficult to identify a bottom. At the time of writing, Bitcoin was trading near $78,070, down more than 6% in 24 hours.

bitcoinist02/01 21:03

Strategy’s Bitcoin Cost Basis In Focus As Price Hovers Around $76K

bitcoinist02/01 21:03

Here’s Why Bitcoin And The Crypto Market Are Crashing This Weekend — Details

Bitcoin and the broader cryptocurrency market experienced a sharp decline over the weekend, with Bitcoin and other major digital assets falling by nearly double digits. The downturn is largely attributed to liquidity issues and extreme leverage in the market, resulting in three major liquidation waves totalling over $1.3 billion in the past day. According to analysis from The Kobeissi Letter, choppy liquidity and herd-like sentiment shifting between extreme bullishness and bearishness have intensified price swings. This led to one of the largest liquidation events in crypto history, with approximately $2.5 billion in leveraged long trades liquidated in 24 hours, including over $1 billion within just five minutes as Bitcoin dropped to around $76,000. The total crypto market cap fell by 7% to approximately $2.725 trillion.

bitcoinist02/01 17:02

Here’s Why Bitcoin And The Crypto Market Are Crashing This Weekend — Details

bitcoinist02/01 17:02

Crypto ETFs bleed $790mln as shutdown fears grip markets – Report

Amid fears of a partial U.S. government shutdown, crypto ETFs experienced significant outflows totaling approximately $790 million. Spot Bitcoin ETFs alone lost $509.7 million in a single day, with BlackRock’s IBIT leading the withdrawals at $528.3 million. Ethereum ETFs saw outflows of $252.9 million, and Solana-based products lost $11.3 million. Bitcoin’s price fell 5.1% to around $78,734, while Ethereum dropped over 8% to approximately $2,421. In contrast, XRP defied the trend with net inflows of $16.79 million despite a slight price dip. Meanwhile, Bitwise took preliminary steps toward launching a Uniswap ETF, signaling continued institutional interest in altcoin products despite short-term market uncertainty.

ambcrypto02/01 17:01

Crypto ETFs bleed $790mln as shutdown fears grip markets – Report

ambcrypto02/01 17:01

Bitcoin Active Addresses Fall To 2020 Lows Following $83,000 Failure — What To Expect

The Bitcoin market has experienced a significant downturn, with prices falling over 12% and testing the $77,000 support level. On-chain analysis reveals a sharp decline in network activity, as the number of active addresses recently dropped to 720,000—the lowest since April 2020. This represents a 36% contraction from the November 2024 peak of 1.126 million addresses, indicating reduced user participation despite Bitcoin's price remaining substantially higher than in 2020. Analysts suggest this divergence reflects a lack of organic demand and underlying network support, increasing the risk of further price declines. For a sustainable recovery, a renewed influx of on-chain users is necessary to avoid "bull traps." As of the latest data, Bitcoin is trading around $78,743, down 6.39% in 24 hours.

bitcoinist02/01 15:02

Bitcoin Active Addresses Fall To 2020 Lows Following $83,000 Failure — What To Expect

bitcoinist02/01 15:02

Bitcoin drops to $78K – Decoding the $1.3B liquidation ‘freefall’

Bitcoin dropped to around $78,000 due to a significant market sell-off driven by heavy leverage and thin liquidity, resulting in approximately $1.3 billion in forced liquidations. The decline was not primarily caused by external factors like geopolitics but rather by a lack of market liquidity, which amplified the downturn. As leveraged positions were automatically closed, prices fell rapidly due to insufficient buyer support, and bearish sentiment further accelerated the sell-off. The crypto market decline coincided with a broader global sell-off, where over $12 trillion was wiped from markets within 48 hours. Precious metals like gold and silver saw sharp declines after rapid rallies, and equities also fell. Margin calls and increased exchange margin requirements exacerbated the selling pressure. Technical analysis indicates Bitcoin traded below its major moving averages for the first time since 2022, suggesting continued volatility. Experts recommend cautious capital management, such as dollar-cost averaging, rather than deploying all funds at once during such periods.

ambcrypto02/01 15:02

Bitcoin drops to $78K – Decoding the $1.3B liquidation ‘freefall’

ambcrypto02/01 15:02

Solana: On-chain activity rises, but SOL isn’t done falling – Here’s why

Solana (SOL) has declined toward the $100 support level after failing to break the $150 resistance. The weekly chart shows a bearish trend, with a likely drop below the April 2025 low of $95. Despite increased on-chain activity, SOL's bearish structure remains intact. Key resistance levels are at $120 and $140, which could offer shorting opportunities. The RSI is oversold, and the On-Balance Volume (OBV) has hit multi-month lows. Long-term support may be found at $64 and $47.9, with a Bitcoin drop below $74k increasing bearish pressure. While long-term price targets like $3,200 by 2029 are feasible, the current outlook suggests further downside.

ambcrypto02/01 13:02

Solana: On-chain activity rises, but SOL isn’t done falling – Here’s why

ambcrypto02/01 13:02

Tiger Research: Liquidity Vacuum Drives Sharp Sell-off, Why Hasn't Bitcoin Rebounded?

Bitcoin experienced a sharp decline from $87,000 to $81,000 on January 29, driven by a combination of weak tech earnings and speculation around a potential hawkish Fed chair appointment. The drop was exacerbated by thin liquidity in both spot and futures markets, amplifying the impact of external shocks. Key support at the active realized price of $87,000 was broken, triggering further selling. Despite short-term bearish sentiment, the medium to long-term outlook remains positive due to expected gradual monetary easing and supportive regulatory developments, including potential institutional adoption. Bitcoin's current weakness is viewed as a liquidity-driven correction rather than a fundamental breakdown.

marsbit02/01 11:49

Tiger Research: Liquidity Vacuum Drives Sharp Sell-off, Why Hasn't Bitcoin Rebounded?

marsbit02/01 11:49

Matrixport Research: Bitcoin Falls into Bear Market Territory, Could a Weakening Dollar Become the Next Support?

After a recent correction, Bitcoin's price structure has weakened further, trading below the 21-week moving average—a technical signal of a bear market. Historically, Bitcoin tends to face downward pressure during U.S. mid-term election years and within its typical four-year cycle. However, with a weaker U.S. dollar and ongoing reflation narrative, risk assets may still find support. The October 10 flash crash marked a turning point, widening cross-asset pricing gaps and reducing short-term liquidity. Realized losses were largely concentrated among speculative retail investors, particularly on platforms like Hyperliquid, rather than institutional players. Macro conditions show dollar weakness, which has historically supported Bitcoin, and Trump's tolerance for a weaker dollar may sustain reflation trades. Yet, risk appetite is cooling: stablecoin supply growth has slowed, and retail interest remains low. Quantum computing concerns continue to weigh on Bitcoin's safe-haven narrative. While the dollar's 14-year uptrend has broken—a potential long-term support for Bitcoin—the current price structure remains weak, with rebounds often sold. The outlook is cautiously constructive but awaits stronger technical and capital flow signals before turning bullish.

marsbit02/01 11:18

Matrixport Research: Bitcoin Falls into Bear Market Territory, Could a Weakening Dollar Become the Next Support?