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Bitcoin Just Erased All of Its 2025 Gains—And the 'Picture Remains Fragile', Says Analyst

Bitcoin has dropped below $93,000 for the first time in nearly seven months, erasing all gains made in 2025. Analysts attribute the downturn to breaking key support levels, particularly a drop below the 50-week moving average and bearish sentiment surrounding a potentially delayed four-year cycle. The price fell by 2.3% in a single day, reaching $92,123, and the trading volume surged to $114 billion. Approximately $335 million in Bitcoin derivatives were liquidated within 24 hours, amid a total crypto market liquidation of $725 million. The QCP Capital analysts pointed out that the $92,000 level marks significant support, coinciding with an unfilled CME gap, yet concerns about macro uncertainties and a sluggish return to liquidity in the crypto market may hinder any recovery. Additionally, predictions indicate a 63% likelihood that Bitcoin could fall to $85,000 soon. The overall atmosphere in the market remains cautious amid ongoing macroeconomic challenges, despite the recent reopening of the U.S. government after a prolonged shutdown.

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Grayscale Calls Chainlink ‘Essential Infrastructure’ for Tokenized Finance in New Research

Grayscale's recent report highlights Chainlink as critical infrastructure for the burgeoning market of tokenized assets, which is currently valued at approximately $35 billion. The report emphasizes Chainlink's various services, such as real-world data feeds and blockchain interoperability, which facilitate wider adoption of blockchain-based finance. Chainlink is

Crypto Today: Bitcoin, Interest Rate, and Mining News

Today in the crypto sector, notable events include an alarming warning from Peter Schiff regarding Bitcoin's market stability, stating that the transition of Bitcoin from long-term holders to 'weak' hands could lead to more severe future downturns. Meanwhile, an unusually lucky solo Bitcoin miner managed to

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