Bitcoin whales bet on decline as price drops below $95,000

Large cryptocurrency traders are betting heavily on further declines as Bitcoin slipped below key support levels this week, marking a dramatic shift in market sentiment following the cryptocurrency's fall from recent highs.

Bitcoin traded around $95,500 on November 16, recovering modestly from Friday's drop below $95,000—the first time the digital asset traded at that level since May 2025. The decline represents a sharp reversal from early October, when Bitcoin reached an all-time high above $126,000. #Bitcoin #CryptoNews #BTC #CryptoMarket #BitcoinWhales #MarketTrends #DigitalAssets #FinanceNews https://www.perplexity.ai/...

BlackRock shifts $45M from Bitcoin to Ethereum BlackRock executed a significant cryptocurrency portfolio rebalancing this week, depositing $28.36 million worth of Bitcoin while withdrawing $45.47 million in Ethereum amid continued market turbulence following the sector's historic crash on October 10. #BlackRock #Ethereum #Bitcoin #CryptoStrategy #Cryptocurrency #CryptoMarket #EthereumETF #BitcoinETF https://www.perplexity.ai/...