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Bitcoin's plunge to $93,224 triggered a massive $483M liquidation cascade, with Ethereum taking the biggest hit at $86M. But smart money isn't running scared - major buyers are stepping in with bids at $92-93K levels, while Fidelity Investments signals bullish sentiment heading into 2025's potential inflation wave. Meanwhile, crypto powerhouse A16z is betting big on the future, launching a Spring 2025 accelerator program offering minimum $500K investments to promising startups. Despite short-term bearish signals from notable traders Bluntz and Rekt, who eye a possible dip to $90K, Real Vision's Jamie Coutts remains optimistic about Bitcoin's six-month trajectory, citing upcoming Fed rate cuts and increasing interest from high-net-worth investors.
Bitcoin's plunge to $93,224 triggered a massive $483M liquidation cascade, with Ethereum taking the biggest hit at $86M. But smart money isn't running scared - major buyers are stepping in with bids at $92-93K levels, while Fidelity Investments signals bullish sentiment heading into 2025's potential inflation wave. Meanwhile, crypto powerhouse A16z is betting big on the future, launching a Spring 2025 accelerator program offering minimum $500K investments to promising startups. Despite short-term bearish signals from notable traders Bluntz and Rekt, who eye a possible dip to $90K, Real Vision's Jamie Coutts remains optimistic about Bitcoin's six-month trajectory, citing upcoming Fed rate cuts and increasing interest from high-net-worth investors.