Bitcoin News

Cryptocurrency analyst Rekt Capital has presented a compelling analysis indicating that Bitcoin’s current bull market might last until October 2025.

The recent collapse of the crypto market has pushed investor sentiment into the “extreme fear” zone relative to Bitcoin’s fear and greed index.

As Bitcoin’s price continues to experience significant pressure, MicroStrategy’s Michael Saylor has delivered a strong message to the crypto community:

Grayscale’s cryptocurrency investment products, particularly its Ethereum and Bitcoin ETFs, have seen a notable decline in assets. Recent figures indicate that Grayscale’s total holdings have dipped below $20 billion.

The price of Bitcoin (BTC) saw a significant drop, falling over 9% and dropping below $53,000 for the first time in over a month late Friday evening.

According to Sergey Bezdelov, director of the Industrial Mining Association, approximately 54,000 Bitcoin (BTC) tokens worth about $3 billion were mined in Russia in 2023.

This week has been bearish for the crypto market and Friday was no exception. Today, Bitcoin and most altcoins experienced significant declines, following the U.S. jobs report.