🌇 Will Bitcoin’s Bear Market Lead to a $100K Rally?
⚡ CryptoTrendz - 📌 What’s Buzzing?:
Andrew Tate bought $5M in Bitcoin just before its crash, while experts point to market exhaustion and liquidations topping $2B. Bitcoin’s path to $120K looks uncertain, with analysts eyeing key price levels to watch amid a bearish trend. ✨Take a closer look:
🔖 Bitcoin & Crypto Market Movements:
🔹Andrew Tate invested $5 million in Bitcoin shortly before its price crashed (Source).
🔹Sequans sold $100 million in BTC to reduce its debt (Source).
🔹Sequans’ shares dropped by 16% after selling 970 Bitcoin (Source).
🔹Liquidations topped $2 billion as Bitcoin slid further and Ethereum hit a 4-month low (Source).
🔹Analysts expect Bitcoin’s exhaustion may mean the $125K goal is unlikely in 2025 (Source).
🔖 Crypto Trends & Predictions:
🔹CryptoQuant’s head cited market factors behind the bearish Bitcoin trend (Source).
🔹Market analysis points to Bitcoin possibly reaching $120,000 (Source).
🔹There’s debate if bears will push Cardano (ADA) below $0.50 (Source).
🔹Ethereum must reclaim a key level to avoid a drop toward $1,700 (Source).
🔹Analysts predict Shiba Inu sellout and question if Bitcoin can hold $100,000 (Source).
🔖 Regulations, Crime & Security:
🔹The US sanctioned eight North Koreans for $3 billion crypto theft and laundering (Source).
🔹A North Korean banker network tied to global crypto crimes received US Treasury sanctions (Source).
🔹Balancer V2 suffered a $128 million DeFi hack (Source).
🔹Amazon sent Perplexity a cease-and-desist over questionable AI agent purchases (Source).
🔖 DeFi, NFT & Altcoins Updates:
🔹Floki buyers are stabilizing near the $0.000006 zone, spurring hopes of recovery (Source).
🔹NFT market capitalization tumbled 46% in 30 days, signaling a cooldown (Source).
🔹Questions arise on whether mining Bitcoin or staking XRP offers better