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Bitcoin (BTC) and Ethereum (ETH) options worth more than $2.5 billion are set to expire at 8:00 UTC on Friday, February 6, marking Deribit's first major weekly settlement since cryptocurrency markets collapsed below key technical levels. Bitcoin accounts for $2.15 billion in notional value. Ethereum

Bitcoin’s (BTC) slide below $70,000 has deepened volatility across digital asset markets, but analysts say the move reflects a structural reset rather than a breakdown in long-term confidence. The downturn triggered heavy deleveraging, with over $1 billion in leveraged positions liquidated over the

US Treasury Secretary Scott Bessent told a House Financial Services Committee hearing Wednesday that the federal government lacks authority to rescue Bitcoin (BTC) during market downturns, explicitly ruling out any taxpayer-funded intervention to stabilize cryptocurrency prices. What Happened: Treas

Crypto analyst Benjamin Cowen, who correctly forecast Bitcoin's (BTC) current downtrend, told his 1.1 million followers on X that the cryptocurrency could be setting up for a countertrend rally after falling below $71,000. What Happened: BTC Breaks April Low Cowen noted that Bitcoin had dropped belo

Bitcoin (BTC) has declined 23% in just 83 days since dropping below its 365-day moving average in November, a pace that on-chain analytics platform CryptoQuant says represents a steeper deterioration than the 6% decline recorded over the same period during the early 2022 bear market. What Happened: