Anchorage Digital Adds Mezo Support to Let Institutions Borrow and Earn on BTC

CryptoQuant has reported that recent Bitcoin market downturns have been primarily driven by selling from US investors. The analysis highlights the 'Coinbase Premium Gap,' which indicates that Bitcoin is trading at lower prices on Coinbase compared to Binance, suggesting a significant selloff by American investors, particularly institutional ones.

Japan has approved a $135 billion stimulus package aimed at bolstering its economy amid ongoing challenges. This significant financial injection is expected to support various sectors and stimulate growth as the nation navigates economic uncertainties. The approval comes at a time when Bitcoin (BTC) is experiencing a dip, reflecting broader market volatility.

Bitcoin's price has fallen toward the mid-$80,000 range as market structure weakens heading into the year-end. The cryptocurrency has struggled to maintain its value, reflecting a broader bearish trend in the market. This decline raises concerns about the potential for further losses as investor sentiment shifts negatively.

Bitcoin's price has fallen below $90,000, indicating a bearish trend as it struggles to recover above $88,500. The cryptocurrency has shown signs of weakness, with a recent low of $85,276. The price is currently trading below the 100 hourly Simple Moving Average, and if it remains under $90,000, further declines may occur.

Investors are reducing their exposure to risk assets as optimism wanes regarding potential interest rate cuts by the Federal Reserve before year-end. This shift has led to declines in major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and Dogecoin (DOGE).

Bitcoin has lost its critical support level of $90,000, marking a significant downturn in the cryptocurrency market. The price decline has been accompanied by persistent selling pressure from long-term holders, indicating a lack of confidence in the market's stability. This trend has raised concerns about the potential for further losses as volatility continues to affect Bitcoin's value.

Crypto analyst Andrea has projected a potential massive crash for Bitcoin, forecasting a drop to $60,000 by mid-2026 after a rebound to new highs. Despite recent declines below $100,000, Andrea anticipates a year-end rally that could see Bitcoin reach between $115,000 and $140,000, marking new all-time highs if successful.

November has brought a significant downturn for Bitcoin (BTC), which previously reached an all-time high of $126,000 in October. The cryptocurrency has since dropped sharply, leading analysts to speculate that BTC may stabilize within the $60,000 to $80,000 range if the Federal Reserve maintains current interest rates.