Bitcoin News

Peter Schiff, a prominent critic of Bitcoin, has identified large-scale withdrawals from Bitcoin exchange-traded funds (ETFs) as the biggest threat to Michael Saylor’s strategy.

Bitcoin (BTC) and various altcoins are currently facing significant price declines, driven by a mix of factors.

Michaël van de Poppe sees Bitcoin nearing a potential bottom, with bearish sentiment reaching extremes.

Bitcoin exchange-traded funds (ETFs) in the U.S. have faced their largest-ever wave of outflows as the cryptocurrency slided below the $89,000 mark.

MicroStrategy’s stock has fallen over 55%, raising concerns about whether the company could be forced to sell its substantial Bitcoin holdings, which total nearly 500,000 BTC worth $43.7 billion.

Yesterday Bitcoin plunged below $87,000, marking its lowest value since November, as investors retreat from riskier assets.

Several U.S. states are exploring the possibility of establishing reserves for Bitcoin, despite President Donald Trump’s push for a national PTS strategy. However, not all states agree with this initiative.