Bitcoin News Today: Bitcoin Slides 0.7% as Bears Clash with Institutional Confidence Over Outflows
- Bitcoin dropped 0.7% below $95,000 amid prolonged bearish trends, with XWIN Research predicting corrections could persist until mid-2026 due to weak technical indicators and investor sentiment. - Institutional confidence contrasts market fragility: MicroStrategy added 487 BTC (total ~650k BTC) while Harvard allocated $442M to BlackRock’s Bitcoin ETF, surpassing tech investments. - $1.1B in Bitcoin ETF outflows and $600M+ forced liquidations accelerated the sell-off, with XWIN warning a break below $92,00
On Friday, Bitcoin slipped below $95,000, registering a 0.7% drop in the last 24 hours as the crypto sector endures an extended slump. This downward move has reignited fears of a sustained bear market, with experts attributing the slide to a mix of global economic challenges and evolving market dynamics. XWIN Research, a firm specializing in digital asset analysis,
The recent fall comes after a series of setbacks, such as diminishing hopes for a Federal Reserve rate cut in December, which has curbed risk appetite across markets. "The Fed's changing policy has played a significant role in Bitcoin's slide below the key $100,000 threshold," XWIN commented in a Quicktake update on CryptoQuant. The group also
Despite the growing bearish pressure, certain institutional investors are holding firm on their Bitcoin strategies.
Nevertheless, overall market confidence has weakened. Michael Saylor, MicroStrategy’s CEO, refuted recent claims that his company was reducing its Bitcoin position, affirming he was "fully committed" to acquiring more. "Bitcoin will outperform both gold and the S&P 500 by the end of the year," Saylor predicted, even as MicroStrategy’s stock (MSTR)
Technical indicators suggest a cautious stance. XWIN Research
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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