Bitcoin Drops Below $96K Amid Mounting U.S. Sell Pressure

By: bitcoin ethereum news|2025/05/06 20:30:03
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Key Notes Riot offloaded $38.8 million in BTC amid miner squeeze. Ali Martinez flags a 3-day chart sell signal, hinting at a possible correction. Coinbase Premium Gap turns negative, reflecting bearish US sentiment. Bitcoin miner Riot Platforms offloaded $38.8 million worth of BTC BTC $96 611 24h volatility: 2.1% Market cap: $1.92 T Vol. 24h: $29.09 B in April, joining a growing number of miners liquidating holdings. While the firm’s deployed hash rate held steady, its Bitcoin production declined by 13% from March. This highlights how block reward cuts from the April 2024 halving are affecting miners’ operational efficiency. The sell-off comes as the broader mining landscape is under pressure. Notably, April 7 witnessed the third-largest miner selloff of 2025, with 15,000 BTC sent to exchanges in a single day, per CryptoQuant. Meanwhile, analyst Ali Martinez recently flagged a sell signal for Bitcoin on the 3-day chart, further fueling caution in the market. #Bitcoin $BTC flashes a sell signal! pic.twitter.com/97hj7iObdQ — Ali (@ali_charts) May 4, 2025 The Coinbase Premium Gap confirms the selling pressure, turning negative once again, currently at -5.07. This suggests US investors are increasingly selling BTC on Coinbase, dragging the price lower compared to other global platforms. Coinbase premium gap | Source: CryptoQuant If the Coinbase Premium remains in negative territory, short-term downside risk could escalate, especially amid growing miner outflows. BTC Price Outlook At the time of writing, Bitcoin is consolidating around $94,400 after a brief rally to $97,600 last week. On the daily BTC price chart, the RSI stands at 60, suggesting the largest cryptocurrency remains in bullish territory but is losing momentum. A further drop in RSI could shift the sentiment to bearish. Immediate support lies near, while. A decisive break below $92,000 support could send BTC further downwards in the short-term. BTC price chart with Bollinger bands and RSI | Source: TradingView Bollinger Bands are tightening slightly after a recent expansion, with the price approaching the upper band. The cryptocurrency could face resistance around $96,800 and traders could see a pullback toward the middle band (20-day SMA) near $92,370. BTC price chart with MACD | Source: TradingView Meanwhile, the MACD histogram is beginning to fade, with a possible bearish crossover in the near term. next Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content. Bitcoin News, Cryptocurrency News, News A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books. Parth Dubey on LinkedIn Source: https://www.coinspeaker.com/bitcoin-btc-price-below-96k-selling-pressure/

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DDC Enterprise Limited Announces 2025 Unaudited Preliminary Financial Performance: Record Revenue Achieved, Bitcoin Treasury Grows to 2183 Coins

On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.


2025 Full-Year Financial Highlights


Revenue: Expected to be between $39 million and $41 million, reaching a new company high.


Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.


Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.


Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.


Core Consumer Food Business Performance


In 2025, DDC's core consumer food business maintained strong operational performance.


The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.


In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.


Bitcoin Reserve Update


In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.


As of December 31, 2025: The company holds 1,183 BTC.


As of February 28, 2026: Holdings increased to 2,118 BTC


Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC


DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."


Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation


About DDC Enterprise Limited


DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.


The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.


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