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Cryptocurrency News Articles
Bitcoin Price Drops Below $95,000, Days After Hitting $97,000
May 05, 2025 at 02:51 pm
Bitcoin saw its price drop on Monday, days after it rose to $97,000 at the end of last week.
On Monday, Bitcoin's price fell by nearly two percent on international exchanges, where it was trading at $94,407 (roughly Rs. 79.5 lakh). On Indian exchanges, the price of BTC slipped by 2.25 percent, bringing its value to $94,413 (roughly Rs. 79.5 lakh).
Market analysts told Gadgets 360 that the upcoming US Federal Open Market Committee (FOMC) meeting is causing market participants to tread cautiously.
"Bitcoin is trading at $94,400 (roughly Rs. 79 lakh) as investors remain cautiously optimistic ahead of the FOMC meeting slated for this week in the US. Bitcoin now faces resistance near the previous high of $97,900 (roughly Rs. 82.5 lakh), while major support stands at $92,000 (roughly Rs. 77.5 lakh)," Alankar Saxena, Co-founder and CTO of Mudrex said. "BTC just recorded its highest number of active addresses in six months, with over 925,000 addresses active in a single day. This rise in participation reflects growing investor interest and market engagement."
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- Consensus 2026 Miami: Web3, Blockchain, Cryptocurrency, NFTs, Metaverse, Conference, May 5th — Where Wall Street Meets the Digital Frontier
- May 01, 2026 at 11:27 pm
- Miami buzzes as Consensus 2026 approaches on May 5th, highlighting Web3, blockchain, crypto, NFTs, and the metaverse's shift from hype to institutional and sustainable reality.
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- Bitcoin Miners Electrify the Grid: Ohio Gas Plant Acquisition Powers Up a New Era for Digital Gold
- Apr 30, 2026 at 10:38 pm
- The Bitcoin mining industry is undergoing a significant transformation, with major players aggressively expanding operations and strategically acquiring energy assets like Ohio gas plants to solidify their future in the digital economy.
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- Solana's Slippery Slope: Price Prediction Points to Resistance Loss and Potential Further Drops
- Apr 30, 2026 at 09:08 pm
- Solana is struggling to break key resistance, signaling potential downside. Repeated rejections at $86-$88, coupled with a broken short-term pattern, point to targets as low as $67, or even $40, as sellers maintain control. Investors should watch critical support levels closely.
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- NYC's New Beat: Staking Systems, USD1, and Governance Drive Crypto's Next Wave
- Apr 30, 2026 at 03:02 pm
- From lucrative USD1 earning events to robust governance models, the crypto sphere is buzzing with innovations reshaping how we engage with digital assets, focusing on long-term commitment and stablecoin utility.
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- OKX Unveils Agent Payments Protocol: Ushering in a New Era of AI Transactions
- Apr 30, 2026 at 02:53 pm
- OKX launches its Agent Payments Protocol (APP), an open standard for AI-driven commerce, enabling agents to manage full business cycles. Explore the implications for AI transactions and agentic payments.
