BTC dips below $30k!

On Wednesday in morning trading hours Bitcoin and other cryptocurrencies plummeted below significant levels. Despite a strong decline in prices no fundamental information was released to the public. Drop occurred in 20 minutes and led to the liquidation of over $25 million worth of BTC futures long positions.

BTC fell below $30k level and ETH back below $2000. Long squeeze may be caused by investors digesting Gary Gensler Congressional Hearing, which took place yeasterday.

BTC dips and is trading near support level marked with green zone. On MACD indicator a bearish divergence occurred which suggest that bullish momentum is weakening.

21 October 2025, 09:13

Chart of the day: Bitcoin (21.10.2025)

20 October 2025, 15:04

Crypto news: Bitcoin and Ethereum on the rise again 📈

17 October 2025, 17:50

3 markets to watch next week - (17.10.2025)

17 October 2025, 13:48

Bitcoin drops below important support zone 📉

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BTC dips below $30k!

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