Bitcoin Liquidity Grabs: Institutions Target Low-Volume Zones To Move BTC Price

Bitcoin has taken a significant downturn as concerns rise over a socialist potentially taking control of New York City, coupled with fears of an AI bubble leading to a stock sell-off. Investors are reacting to these developments, causing a ripple effect in the market.

Bitcoin's price has fallen below $100,000 for the first time since June, with market expert Lark Davis calling the sell-off 'absolutely relentless.' Factors like ETF selling activity are contributing to this downturn, and analysts are forecasting a potential decline to $70,000.

Ripple has made a significant move by acquiring Palisade, a London-based company specializing in wallet-as-a-service and institutional custody solutions. This acquisition is set to enhance Ripple's offerings for corporations and fintech clients looking for efficient wallet and custodial services.

The cryptocurrency market has taken a significant hit, losing $300 billion as Bitcoin falls below the $100,000 mark. This decline is attributed to the U.S. dollar reaching a four-month high against the euro, indicating a 'risk-off' environment that dampens demand for crypto assets.

Bitcoin has dropped below $100,000 for the first time since June, signaling a worsening correction in the cryptocurrency market. Investors are feeling the pressure as prices continue to decline, raising concerns about the future of digital currencies.

In a recent interview with Cointelegraph, economist Peter Schiff expressed concerns about the sustainability of Bitcoin's gains, attributing them to political and Wall Street backing that he believes may not endure.

The cryptocurrency Aster faced significant selling pressure after a brief price surge sparked by Binance founder Changpeng Zhao's endorsement. While his comment initially boosted the token's value, the excitement quickly faded as the overall market weakened, leading to a sharp decline in Aster's price, erasing most of its gains.

CleanSpark is making strides by expanding its power capacity and securing a new site in Texas for its AI campus. This move highlights a significant trend among Bitcoin miners who are increasingly focusing on high-performance computing.

Mevolaxy has just launched its new mobile app, which is already making waves by announcing record payouts for its users. This exciting development promises to enhance user experience and engagement, making it easier for everyone to access their services.

In the world of Bitcoin trading, institutional traders are strategically targeting low-volume zones to maximize profits. By focusing on these under-traded areas, they can operate with less competition and take advantage of market gaps, showcasing a different approach compared to traditional trading methods.

Recent trends show a notable withdrawal of Bitcoin from various crypto exchanges, but Binance is seeing a surge in BTC inflows. Despite the volatility in Bitcoin's price, investors are flocking to Binance, indicating confidence in the platform.

Bitcoin has taken a significant downturn as concerns rise over a socialist potentially taking control of New York City, coupled with fears of an AI bubble leading to a stock sell-off. Investors are reacting to these developments, causing a ripple effect in the market.

YouTube recently removed XRP commentator Oscar Ramos's coverage of a significant industry event, citing a violation of community standards. This incident has sparked memories of past 'crypto purges' on the platform, raising concerns among content creators and crypto enthusiasts.

Bitcoin's price has fallen below $100,000 for the first time since June, with market expert Lark Davis calling the sell-off 'absolutely relentless.' Factors like ETF selling activity are contributing to this downturn, and analysts are forecasting a potential decline to $70,000.