Bitcoin up 50% from bear market low outperforming SPY, Gold
Bitcoin crashes through $23k as the bear market rally continues

The latest Bitcoin news today — live BTC price updates, mining developments, halving cycles, ETF flows, and institutional adoption headlines. CryptoSlate’s editorial team covers Bitcoin around the clock, from on-chain data and technical analysis to regulation and macro context, with breaking stories added throughout the day.
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Crypto markets did not react to news of Genesis filing for Chapter 11 bankruptcy. However, contagion risk remains a threat.
The Bitcoin network used 58.9% renewable sources last quarter vs. 59.4% the previous quarter.
On-chain Bitcoin metrics continue to suggest a market bottom, but it remains to be seen if the current cycle plays out the same as past cycles.
Ethereum holders account for 20% of the 425 million global crypto investors, while BTC holders account for 52%.
Speaking from Davos, Nouriel Roubini renewed his attack on cryptocurrency and considering the events of 2022, even crypto advocates are starting to agree with him.