The Currency analytics
By Jean-Luc Maracon
Bitcoin is collapsing. The star cryptocurrency has lost half its value since its recent peaks, and it's hurting wallets.
The downfall began in January and is accelerating every day. The reasons are piling up like falling dominoes.
"It's inherent to its nature," says the crypto expert. But this time, the speed of the decline worries even the sector's veterans.
U.S. authorities are probing exchange practices. An investigation into potential market manipulation is in full swing.
A level not seen in two years. Some analysts preach absolute caution, while others sense the buying opportunity of the century.
Tech giants remain silent as the grave. Apple, Google, Meta—all are watching without saying a word.
Mistrust reigns everywhere. No positive catalyst is on the horizon, and bad news keeps piling up.
Institutional funds are hesitating. They are reviewing their crypto positions, and some are outright cutting their exposure. Major adjustments are in the works in trading rooms.
Europe is also on the move. EU regulators are discussing harmonizing crypto rules across the continent.
Ethereum and Ripple are also suffering. All major cryptocurrencies are plunging simultaneously—it's a general bloodbath.
Voices are calling for more regulation. The goal: reassure investors and stabilize this crazy market.
The climate remains unclear for now. Wall Street giants are not moving and are waiting to see.
A meeting of U.S. regulators is approaching. The date is set, but the content remains secret.
Binance recently suspended some withdrawals. The world's largest platform is reacting to an increase in suspicious transactions on its network.
On February 5, Bitcoin hit $24,000. This triggered a wave of automatic orders, worsening the drop. But a few savvy individuals took advantage of the dip to buy massively.