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BTC Price Close to $100K as Soverign Fund that Rejected Bitcoin Reports $40B Loss

CoinGape LogoCoinGape18h ago

BTC Price Close to $100K as Soverign Fund that Rejected Bitcoin Reports $40B Loss - CoinGape

Quick Summary:

BTC price trades close to $95k with an expectation of $100K retest soon.

In the past five days, Bitcoin price has soared nearly 14% and tagged $95.6k.

In some cases, a volatility driven spike to $100K is also possible, so traders must exercise caution in this area.

More Pictures

BTC Price Close to $100K as Soverign Fund that Rejected Bitcoin Reports $40B Loss - CoinGape (Picture 1)BTC Price Close to $100K as Soverign Fund that Rejected Bitcoin Reports $40B Loss - CoinGape (Picture 2)

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Article Details

Author / Journalist: Akash Girimath

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-26 @ 12:24:21 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 431 words

Reading Time: 3 minutes read

Sentences: 49 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 28215877

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 25 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "BTC Price Close to $100K as Soverign Fund that Rejected Bitcoin Reports $40B Loss" has 431 words across 49 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Which news outlet covered this story?

The story "BTC Price Close to $100K as Soverign Fund that Rejected Bitcoin Reports $40B Loss" was covered 18 hours ago by CoinGape, a news publisher based in India.

How trustworthy is 'CoinGape' news outlet?

CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 25 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #28215877
  • URL: https://warm.beamstart.com/news/btc-price-close-to-100k-17456718345058

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