• bitcoinBitcoin (BTC) $ 89,985.00
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  • staked-etherLido Staked Ether (STETH) $ 3,032.37
  • dogecoinDogecoin (DOGE) $ 0.127051
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  • cardanoCardano (ADA) $ 0.381795
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  • wrapped-stethWrapped stETH (WSTETH) $ 3,709.71
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 89,620.00
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  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.21
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  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,033.31
  • jito-staked-solJito Staked SOL (JITOSOL) $ 160.29
  • pepePepe (PEPE) $ 0.000004
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  • aster-2Aster (ASTER) $ 0.725464
  • pi-networkPi Network (PI) $ 0.205030
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  • hash-2Provenance Blockchain (HASH) $ 0.031925
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  • pax-goldPAX Gold (PAXG) $ 4,525.19
  • solanaSolana (SOL) $ 128.12
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  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.59
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  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.14
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  • worldcoin-wldWorldcoin (WLD) $ 0.516027
  • ripple-usdRipple USD (RLUSD) $ 0.999638
  • aptosAptos (APT) $ 1.77
  • bfusdBFUSD (BFUSD) $ 0.998883
  • binance-staked-solBinance Staked SOL (BNSOL) $ 139.87
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999669
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,499.00
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  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.108779
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  • bridged-wrapped-lido-staked-ether-scrollBridged Wrapped Lido Staked Ether (Scroll) (WSTETH) $ 3,705.62
  • janus-henderson-anemoy-aaa-clo-fundJanus Henderson Anemoy AAA CLO Fund (JAAA) $ 1.02
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  • ignition-fbtcFunction FBTC (FBTC) $ 90,116.00
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  • solv-btcSolv Protocol BTC (SOLVBTC) $ 89,859.00
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  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,249.06
  • usdtbUSDtb (USDTB) $ 0.999244
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  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.94
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  • bridged-usdc-polygon-pos-bridgePolygon Bridged USDC (Polygon PoS) (USDC.E) $ 0.999715
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 89,754.00
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  • mantle-staked-etherMantle Staked Ether (METH) $ 3,282.41
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.10
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  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,236.77
  • morphoMorpho (MORPHO) $ 1.21
  • usdaiUSDai (USDAI) $ 1.00
  • jupiter-exchange-solanaJupiter (JUP) $ 0.201395
  • wrapped-flareWrapped Flare (WFLR) $ 0.011298
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.90
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999851
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 26.35
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,034.84
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  • usual-usdUsual USD (USD0) $ 0.998949
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  • eutblSpiko EU T-Bills Money Market Fund (EUTBL) $ 1.23
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  • lido-daoLido DAO (LDO) $ 0.613860
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998420
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.220444
  • ghoGHO (GHO) $ 0.998573
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  • blockstackStacks (STX) $ 0.267830
  • gtethGTETH (GTETH) $ 3,033.81
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  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.716081
  • stader-ethxStader ETHx (ETHX) $ 3,277.90
  • fasttokenFasttoken (FTN) $ 1.03
  • ether-fi-liquid-ethEther.Fi Liquid ETH (LIQUIDETH) $ 3,272.63
  • aerodrome-financeAerodrome Finance (AERO) $ 0.487639
  • msolMarinade Staked SOL (MSOL) $ 172.84
  • newton-projectAB (AB) $ 0.004576
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  • crvusdcrvUSD (CRVUSD) $ 0.999346
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.126972
Bitcoin

Bitcoin Could Crash Below $30,000: Crypto Analyst Warns

By admin
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Bitcoin Could Crash Below $30,000: Crypto Analyst Warns

While Bitcoin (BTC) again steps outside a $100K boundary, crypto analyst Jacob King speculated that the cryptocurrency could face devastation and fall below $30,000 in 2025.

According to the crypto analyst, BTC is repeating its 8-year resistance pattern, a trendline that triggered massive crashes in the cryptocurrency’s price. “Expect a big crash, History’s repeating!”, he writes in the post. However, some X users countered his claim, calling it a “loser mentality”.

#Bitcoin is repeating its 8-year resistance pattern.

Every rejection at this trendline has led to massive crashes. Expect a big crash, History’s repeating!

My 2025 #BTC targets are below $30,000. pic.twitter.com/b8QijnJeLW

— Jacob King (@JacobKinge) January 7, 2025

Bitcoin Drops Below $98,000

According to the data from CoinMarketCap, BTC/USD slipped below $98,000. The decline comes after a macroeconomic response to the U.S. Job Openings and Labor Turnover Survey (JOLTS), which revealed a great increase in hiring. The report has sparked $300 million of crypto liquidations.

Some experts suggest that the cryptocurrency market may be entering the final phase of its current bull run. The bull cycle, which began in January 2023, could reach its peak between early and mid-2025. The analysis revealed that 36% of Bitcoin traded in Q4 2024 had been held for less than a month, a pattern commonly seen around previous market tops.

While further gains in BTC and altcoins are still possible, the post urged investors to remain cautious as the cycle progresses toward maturity.

However, Bitcoin’s recent decoupling from equities shows a weakening correlation, fueling optimism for a bullish 2025 and potential new all-time highs. The connection between BTC and traditional markets, especially the S&P 500, has significantly diminished.

Newly-elected president, Donald Trump has vowed to create a crypto-friendly environment to thrive crypto innovation in the U.S. and make it a crypto hub. He also shared his plan to create a Bitcoin reserve.

Also Read: MicroStrategy Boasts $14B Profit From Bitcoin Investments in 2024

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