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BitcoinWorld Bitcoin Price Plummets: Key Reasons Behind the Sudden Drop Below $88,000 The cryptocurrency market is experiencing a significant tremor as the Bitcoin price has decisively broken below the $88,000 support level. According to live data from Binance’s USDT market, BTC is currently trading at approximately $87,870.96. This sudden move has sent ripples through the investor community, prompting urgent questions about the market’s immediate direction. Is this […] This post Bitcoin Price Plummets: Key Reasons Behind the Sudden Drop Below $88,000 first appeared on BitcoinWorld.

The post Did Bitcoin (BTC USD) Price Bottom In November? This May Subvert Recovery appeared on BitcoinEthereumNews.com. Key Insights Crypto analyst Miles Deutscher reveals reasons why he believes Bitcoin (BTC USD) bottomed out in November. Japan’s bond market is breaking, and the BOJ may be forced to make a drastic choice. A look at how this could affect the crypto market. Sensitive market position triggers caution among whales. Whether Bitcoin price hit its local bottom near $80,000 has been up for debate lately. Especially with weak demand failing to sustain bullish momentum. Nevertheless, some analysts still swear by the $80,000 as the official low. Among them was Miles Deutscher. He recently made a solid argument in favor of $80,000 as the local Bitcoin price low. He noted that the price still avoided further downside despite recent FUD. According to Deutscher, FUD around trade wars, the Bank of Japan, and Chinese crypto bans may end up being favorable Bitcoin news. The analyst believes that this news could mark the bottom for the cryptocurrency. Bitcoin (BTC USD) price dipped below $90,000 at the time of observation. However, Deutscher’s arguments were not the only reason why some analysts have been anticipating a local bottom near the $80,000. The Bitcoin (BTC USD) Chart Demonstrated a Major Support Retest in November The $80,000 Bitcoin price level was also significant based on a long-term trend pattern that has been going on for over 2 years. The cryptocurrency bottomed out near the same price level last month. Bitcoin price/source: TradingView The fact that the BTC USD chart registered a bounce near the $80,000 price level also reinforced the bullish sentiment. However, the cryptocurrency achieved limited upside since then. In other words, Bitcoin (BTC USD) price may still break the long-term support in case of another capitulation event. This could potentially be triggered by unfavorable macro data. The Japanese bonds market in particular could be…

The post Daily Rewards for Every Crypto User appeared on BitcoinEthereumNews.com. The holiday season arrives with a major crypto opportunity: OKX, one of the world’s leading exchanges, has launched its Christmas Calendar Campaign, giving all EEA users — new and existing — a chance to earn daily $BTC rewards from December 3 (10:00 CET) to December 28 (10:00 CET). Whether you’re a casual trader or a dedicated crypto user, this campaign is designed to maximize rewards while you explore OKX’s ecosystem. 🎄 Claim Your Daily BTC Rewards — Join the OKX Christmas Calendar Now! Daily Tasks: Claim New BTC Rewards Every 24 Hours Every day at 10:00 CET, OKX unlocks a new task with a corresponding reward.Users must complete each task within 24 hours and before the daily cap is reached. There are two categories: 🔹 Daily Tasks (for all users) New task revealed daily Limited reward cap per day Complete the task early to secure your BTC Tasks may include using OKX Earn, trading, or trying platform features Even if the reward cap is reached, users can still complete the tasks — they just won’t receive the BTC for that day. New OKX users who have never traded before can earn an additional €10 in BTC by simply performing their first €100 trade. This evergreen reward is available any day during the campaign — as long as the 2,000-user cap is not met. 🎁 Start Earning BTC Every Day — Click to Join the OKX Advent Calendar! Total Rewards: Up to €150 in BTC for All Users Regardless of past product usage, every user can collect up to €150 in BTC by completing all 25 tasks from Day 1 to Day 25 of the campaign. This is the core highlight OKX promotes across the entire crypto community. New Users Earn Even More: Up to €172 in BTC Brand-new OKX users…

PANews reported on December 7th that, according to OKX market data, BTC has just fallen below $88,000 and is currently trading at $87,979.00 per coin, down 1.98% on the day.

OKX launches its Christmas Calendar Campaign with daily BTC rewards. Users can earn up to €150 — and new users up to €172 — by completing simple tasks.

The post Understanding BTC Corrections: Why Open Interest Matters More Than Price appeared on BitcoinEthereumNews.com. TLDR: BTC price drops with declining Open Interest indicate futures positions closing, not real spot selling. Rising price with spiking Open Interest signals leverage-driven rallies prone to sudden reversals. Tracking Open Interest clarifies if market volatility is from liquidations or genuine investor demand. Many BTC moves often stem from futures leverage rather than global macroeconomic events or narratives. Open Interest has emerged as one of the clearest metrics for determining whether Bitcoin’s market moves are genuine or driven by derivatives.  During corrections, many investors concentrate on price alone, yet recent data from CryptoQuant shows that Open Interest in USD often provides a more reliable reading of market behavior.  When paired with price action, it helps identify whether movements come from real spot demand or leveraged futures activity. Current readings show Bitcoin’s price falling at the same time Open Interest is declining.  This combination indicates the market is closing futures positions instead of initiating widespread spot selling. As leverage reduces, volatility may rise, but the underlying demand remains intact. Price Drops With Falling OI Show Futures Are Driving Corrections According to an analysis shared by Cryptoquant analyst  Carmelo_Alemán, the recent corrective move aligns with a clear pattern: Bitcoin’s price dropped while Open Interest also moved lower.  Source: Cryptoquant This structure typically signals that long and short futures positions are being closed, liquidations are taking place, and excess leverage is clearing from the market. In such situations, the correction reflects a derivatives-driven adjustment rather than real selling pressure.  The market removes leverage, resets positions, and moves forward without altering the broader spot demand. This helps explain why some sharp declines fail to produce continued downside after the initial move completes. This behavior also simplifies the reading of volatile sessions. When both metrics fall together, the correction stems from futures unwinding, not fundamental…

The post Bitcoin’s (BTC) Deep Correction Sets Stage for December Rebound, Says K33 Research appeared on BitcoinEthereumNews.com. Bitcoin’s BTC$89,274.20 recent slide may feel ominous, but K33 Research analyst Vetle Lunde says December could mark a turning point for the cryptocurrency. After its steepest correction since the last bear market, the firm sees more evidence for a rebound than another collapse. BTC has been weighed down by a wave of selling, much of it structural. Spot bitcoin exchange-traded funds (ETFs), which had been the market’s biggest buyers, turned into net sellers in November. CME futures activity has dropped to a multi-year low, signaling TradFi’s hesitation. Bitcoin’s price, meanwhile, has underperformed equities, reaching its weakest level against the Nasdaq since late 2024. But K33 sees a market that’s overreacting to distant threats while missing near-term signals of strength. “The case for material upside is far more plausible than an 80% drawdown repeat,” the firm wrote in its December outlook. They point to several factors. First, bitcoin is trading near strong historical support levels — around $70,000 to $80,000 — while broader positioning in futures remains cautious, not overheated. Perpetual markets show low leverage, and major liquidations haven’t materialized despite price pressure. Long-term fears, such as quantum computing risks, potential bitcoin sales by Strategy (MSTR) or instability at Tether, may sound dramatic but are unlikely to hit anytime soon. K33 notes each of these threats is years away from posing real risk and shouldn’t be driving today’s price moves. Instead, the firm argues, the focus should be on what lies ahead in the near term. With supportive policy changes on the horizon, including possible 401(k) access to crypto, and a pro-crypto shift at the Federal Reserve, K33 sees structural upside building. Bitcoin’s current valuation, they say, reflects fear more than fundamentals. For now, the market remains cautious. But K33’s outlook suggests that December may offer a window for bold positioning.…

Cardano (ADA) behoort momenteel tot de hardst getroffen cryptomunten. Terwijl de Bitcoin (BTC) koers scherp is gedaald, is ook ADA meegezogen in de neerwaartse spiraal. De munt staat op een van de laagste niveaus in jaren, wat de vraag oproept: is Cardano nu zwaar ondergewaardeerd? Grip op je financiële toekomst Ook een zelfverzekerde crypto-investeerder worden? Kijk mee bij experts, geen stress meer bij elke dip Ontwikkel de skills om op je eigen benen te staan Nooit meer het gevoel dat je er alleen voor staat. Zeer goed beoordeeld binnen de community Claim nu je spot! (max 25) Contact met Thomas Sluit je aan bij een exclusieve community van financiële experts en ambitieuze beleggers ADA koers keldert naar bodemniveau In 2021 piekte Cardano op $3,09 tijdens de bull markt. Inmiddels is de koers ingestort tot $0,42. Dat is ruim 86% lager dan het record en komt dicht bij de prijs net na de crash van FTX eind 2022, toen ADA terugviel naar ongeveer $0,25. Opvallend is dat de huidige paniek op de crypto markt niet te vergelijken is met die zware periode. Toch staat ADA relatief laag dicht bij de bodem tijdens de FTX crash, wat doet vermoeden dat het project zwaar is gestraft zonder evenredige reden. Cardano grafiek afgelopen 4 jaar – TradingView Dit wordt duidelijk zichtbaar in bovenstaande grafiek. De cardano koers staat ruim onder het 200-wekelijkse gemiddelde van $0,54 (de rode lijn), wat doorgaans een belangrijk langetermijn steunniveau is. Dat betekent simpelweg dat de ADA prijs zich in extreem bearish condities bevindt. Tegelijkertijd zakt de Relative Strength Index (RSI) richting uitzonderlijk lage waarden, niveaus die historisch gezien vooral voorkomen wanneer een munt sterk oversold is. Is Cardano fundamenteel nog sterk? Bij zo’n lage waardering is het belangrijk om te kijken hoe Cardano er fundamenteel voor staat. Zijn er structurele veranderingen die de huidige lage prijs rechtvaardigen? Cardano is opgericht door Charles Hoskinson, die eerder mede-oprichter was van Ethereum (ETH). Met ADA probeert hij een betrouwbaarder en academisch onderbouwd alternatief te bouwen. Toch blijft de adoptie achter, zeker op het gebied van gedecentraliseerde finance (DeFi). Volgens gegevens van DeFiLlama staat de totale waarde die in Cardano’s DeFi ecosysteem op slechts $189 miljoen. Ter vergelijking: Ethereum heeft $70 miljard dollar aan Total Value Locked (TVL), Solana (SOL) $8,8 miljard. Zelfs wanneer je rekening houdt met de kleinere marktkapitalisatie van Cardano, blijft de TVL verhoudingsgewijs enorm achter. Cardano staat dus in het niet in vergelijking met de andere smart contract reuzen. Cardano TVL – DefiLlama Verder kunnen we kijken naar de ontwikkel activiteit. Hoe verhoudt dat zich met andere netwerken? Cardano laat hier gerustellende beelden zien, met de zogeheten stacks buiten gelaten staat Cardano op de 10de plek. Ethereum zit fors aan kop en daarboven op staan er nog eens heel wat ETH Layer-2 (L2) netwerken in de lijst met Base, Polygon (MATIC) en Arbitrum (ARB). Als je die ook nog eens optelt bij Ethereum is het bij uitstek de voorloper. Ontwikkelaars per blockchain project – Developer Report Recente ontwikkelingen Cardano werkt hard aan de lancering van Midnight, die op 8 december live gaat. In dezelfde fase wordt ook de bijbehorende token NIGHT uitgegeven. Midnight is een nieuwe sidechain die zich richt op privacy en databescherming. Dankzij zero-knowledge proofs kunnen gebruikers gegevens verifiëren zonder privacygevoelige informatie openbaar te maken. Dit maakt unieke toepassingen mogelijk, zoals het opslaan van medische gegevens op de blockchain. Daarnaast is Hydra, de off-chain L2 schaal oplossing van Cardano, onlangs gelanceerd. Sinds oktober 2025 is versie 1.0.0 officieel live en productie klaar. Hydra maakt het mogelijk om transacties razendsnel en goedkoop af te handelen buiten de hoofd blockchain, zonder concessies te doen aan de veiligheid. Dat zet ADA klaar om beter de concurrentie aan te gaan met efficiënte platformen zoals SOL. Conclusie: Cardano historisch goedkoop, maar adoptie blijft achter Cardano staat op een historisch laag niveau en lijkt harder afgestraft dan de huidige marktcondities op zichzelf rechtvaardigen. Ondanks de flinke koersdaling zijn er geen fundamentele problemen die een totale ineenstorting van het netwerk verklaren. Dat maakt de huidige koers aantrekkelijk voor accumulatie. Tegelijkertijd blijft de daadwerkelijke adoptie, vooral binnen DeFi, nog ver achter bij grote spelers als Ethereum en Solana. Dat maakt de lage waardering deels begrijpelijk: Cardano heeft simpelweg nog niet de gebruikscijfers en liquiditeit die horen bij een hoger prijsniveau. Toch heeft Cardano een sterke en toegewijde community die vertrouwen houdt in Hoskinson en de technologische koers van het project. Met belangrijke ontwikkelingen zoals Midnight en Hydra bouwt Cardano wel degelijk aan een toekomst waarin het beter kan concurreren. €20 new user bonus! OKX - trade meer dan 350 crypto’s Binnen 14 dagen na registratie €200 storten en €200 aan crypto kopen/handelen Handel met andere traders Verdien bonussen met crypto staking OKX review Pak nu die €20! Let op: cryptocurrency is een zeer volatiele en ongereguleerde investering. Doe je eigen onderzoek. Het bericht Cardano crasht naar dieptepunt, is dit het koopmoment? is geschreven door Thomas van Welsenes en verscheen als eerst op Bitcoinmagazine.nl.

Crypto markets opened the first week of winter in turbulence, with sharp price swings and fragile sentiment dominating trading. Even after a rebound from November’s sell-off and more than $13.5 billion in fresh liquidity from the Federal Reserve, macro risks continued to weigh on confidence, keeping traders on edge. As volatility intensifies, attention is shifting to how seasoned traders are positioning. DailyCoin analyzed real-time commentary from veteran crypto trader Astronomer (@astronomer_zero), who has spent more than eight years in the market and shares live trade insights with over 48,000 followers on X, to assess his latest outlook on cryptoContinue reading on DailyCoin.

Peter Brandt warns Bitcoin could drop to $59,403 support level. Liquidity concerns could accelerate Bitcoin’s decline, causing further corrections. Brandt’s analysis predicts a potential Bitcoin price adjustment ahead. According to legendary trader Peter Brandt, Bitcoin (BTC) bulls might want to brace themselves for a potential drop in prices. Brandt’s latest chart analysis shows a five-leg climb followed by a broken curve, signaling a correction ahead. He has highlighted two key price levels that could mark significant support zones for Bitcoin in the coming months. The first sits around $81,852, with a deeper zone near $59,403. Brandt, known for his extensive experience in market analysis, doesn’t view these price levels as signs of panic but as part of a natural price correction. He suggests that Bitcoin’s recent upward movement may have overstretched as traders priced in the anticipation of a policy pivot. In his view, the market is simply adjusting to reality after such an extended rally. Also Read: BPCE Sets to Revolutionize Banking with Crypto Trading for Millions of Customers The Market Context Behind Brandt’s Analysis Brandt’s analysis places Bitcoin’s price action in the context of broader market trends. He draws comparisons between the current market environment and that of late 2021 when assets experienced a sharp rise. Fast-forward to 2025, and while Bitcoin’s price is falling, major indices like the S&P 500 remain relatively stable. In 2021, markets were preparing for quantitative tightening; now, the prevailing narrative centers around easing. Brandt highlights that Bitcoin and other risk assets have been trading as if interest rates will drop quickly, which might not happen as soon as traders expect. He points out that future rate cuts could already be priced in, leading to potential disappointment for those overly optimistic about further easing. This could cause a pullback in Bitcoin’s price as the market recalibrates its expectations. I am in a colorful mood today pic.twitter.com/L6qaFecm27 — Peter Brandt (@PeterLBrandt) December 7, 2025 Additionally, Brandt notes that Bitcoin’s recent performance mirrors that of other risk assets. For instance, the S&P 500 experienced a sharp drop earlier in the year but quickly rebounded. Bitcoin showed similar behavior on the upside, rallying into a price curve that no longer holds. Hence, a correction toward Brandt’s target levels would align with this broader market pattern. Potential Liquidity Issues and Market Adjustments Brandt also draws attention to the possibility of large corporate holders changing their strategies if liquidity starts to thin out. This shift could accelerate Bitcoin’s downward movement, further validating his price targets. If such a scenario unfolds, the price correction might happen quicker than expected, exacerbating the market’s current retracement. As liquidity becomes tighter, Bitcoin’s path back to these lower levels could be inevitable, especially if broader market sentiment continues to shift. Also Read: Bitcoin Proves Critics Wrong: Why It’s Nothing Like the Tulip Bubble   The post Peter Brandt’s Bitcoin Price Target Revealed: A Warning for Bulls appeared first on 36Crypto.