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Bitcoin Price Plunges Below $95,000: Market Volatility Intensifies, but Long-Term Bullish Sentiment PersistsBitcoin's price dipped below $95,000 in the evening, ending a brief surge past $100,000 fueled by optimism surrounding President-elect Trump's potentially more crypto-friendly regulatory stance. This downturn triggered significant market volatility, with Coinglass data revealing over 160,000 liquidations in the cryptocurrency market within the past 24 hours

Bitcoin Traders Target $70,000 as ETF Inflows PersistBitcoin traders are once again setting their sights on the $70,000 mark reached in June, even after a broad decline across cryptocurrencies late last week. Meanwhile, funds continue to flow steadily into US exchange-traded funds (ETFs)

Crypto Winter Persists: Bitcoin Plunges Below $27,000, Crypto Billionaires Suffer Huge Wealth LossesBitcoin's downward trend continues. After breaking below $30,000 on May 10, it dropped below $27,000 during trading on May 12, hitting a new low for the year

Ethereum Price Target Lowered to Below $6,000 as Pullback Risks PersistIn a nutshell, Glassnode's on-chain data reveals that the current cycle's peak target for Ethereum has now been lowered to below $6,000. This downward revision contradicts earlier predictions, primarily driven by waning ETF inflows and selling pressure

Bitcoin hovers within a descending broadening wedge pattern: Bearish sentiment persists, but oversold signals suggest a short-term bounceCurrently, Bitcoin is trapped within a large descending broadening wedge pattern, which typically signals bearish momentum. However, recent oversold signals indicate a possible shift in the near term

At present, the only driving force for the development of the encryption market is Big Brother Bitcoin. With the continued indifference of competing currencies and the deepening of the bear market, the King of Cryptocurrencies has reached its highest market dominance this year

The leading cryptocurrency, Bitcoin (BTC), stabilized between $25800 and $26200 after falling from $26600 to $25400 at the beginning of last week. Ethereum (ETH) failed to break through the $1700 level last week, and with recent price trends, its trading price is around $1640

DOGE was one of the best performing assets in the past week, as Bitcoin and Ethereum tended to decline in September. The meme coin seems to have responded positively to the possible acquisition of Twitter by billionaire and technology giant Musk