📌 Reason for the decline The decline from $115,300 to $112,580 (by 2.7%) was primarily due to the liquidation of leveraged positions, not due to a loss of confidence in the market or a breakdown of the upward trend.
📌 Factors contributing to the decline - The fear of quantum computing (Quantum Computing FUD). This was a comment from the founder of Solana regarding the weakness of #Bitcoin against quantum computing. This created some market concern.
Company #SOL Strategies becomes the first treasury company on the Solana network to receive approval for listing on the Nasdaq, reflecting the increasing integration of crypto companies into traditional financial markets.
🚨 Today: Trump's crypto advisor David Bailey says: “The only reason we’re not seeing $BTC at 150K now is because there are two big whales in the market selling 🐋… one is done ✅ and the other half is gone… after that, it's just up, up, and away 🚀🔥 #btc $BTC
September Volatility in the Cryptocurrency Market: A Quick Summary
New Regulation - Steps Towards Clarity
The U.S. Securities and Exchange Commission (SEC), in collaboration with the Commodity Futures Trading Commission (CFTC), announced a joint initiative to regulate digital asset trading — particularly retail-funded and margin operations. This step reflects efforts to clarify the regulatory framework and enhance investor protection.
🇺🇸 U.S. President Donald Trump announces an emergency meeting tomorrow regarding the recent court decision on tariffs.
📌 Potential Impact: • The market is awaiting the outcomes of the meeting to determine the fate of U.S. trade policy. • Any tightening or insistence on tariffs may support the dollar and put pressure on global markets. • Conversely, any rollback or concession may lead to a rise in stock and gold markets.
California Governor Gavin Newsom ignites controversy with new currency In an unexpected move, California Governor Gavin Newsom announced the launch of his own meme coin, sparking global controversy among supporters who see it as a bold youth movement and opponents who view it as a political and economic gamble that could tarnish the image of the United States. Potential impact on the global stage
Bitcoin declines... and institutions turn on the faucet: What's happening in the crypto world this week
If you think the digital market is in a recession, think again. This week witnessed a strange scene: Bitcoin fell to levels below $108,000, while billions flowed into the digital sector. The divide between fear and betting is clear... and the market is more cunning and stranger. Breath-taking contradictions.
Weekly Market Overview: What's Happening in the World of Digital Currencies?
From New York to Tokyo, News of Digital Currencies Flies in All Directions, and This Week the Market Experienced Volatile Moments and Stunning Surprises - Here Are the Highlights of What Happened and What Awaits Us:
Current Volatility: Capital Infusion Despite Price Weakness
While Bitcoin's Price Fell from a Peak Exceeding $113,000 to Below $108,000, Institutional Demand for Investment Vehicles Remained Strong, with Approximately $2.48 Billion Entering Digital Currency-Linked Investment Funds. This Reflects a Clear Desire from Investors to Engage with the Market Despite Its Volatility.
Rolling on the Edge of Bitcoin and Ethereum: An Exciting Turning Moment in the World of Digital Currencies
Amid the fluctuations of global markets and changes in financial policy, it seems that digital currencies are entering a critical phase where hope meets skepticism, and innovations challenge the constants. 1. Bitcoin and Ethereum: The waves do not settle Despite the drop in Bitcoin's price to about $107,400 and Ethereum experiencing a sharp decline exceeding 7%, the atmosphere remains positive with strong institutional interest and healthy market accumulation.
#UAE 🇦🇪 officially joins the ranks of major Bitcoin holders globally, through a government wallet authenticated in the name of the state.
💰 The wallet contains approximately 6,300 BTC, valued at over 700 million dollars.
🚀 Interestingly, the UAE did not purchase like El Salvador, nor confiscate like the USA and Germany, but gathered this amount through direct mining using its energy and technology infrastructure.
📌 This step reflects that the UAE is not just watching, but is building a sovereign reserve of Bitcoin just as countries in the past built their reserves in gold.