This week, bitcoin took a trip to its lowest price tag of 2026, slipping to $59,100 per coin and now sitting a touch more than 50% below the leading crypto asset’s all-time high above $126,000. Meanwhile, a hefty slice of the altcoin crowd has endured far steeper markdowns, with many well-known digital assets nursing losses
Michael Saylor’s Strategy (formerly MicroStrategy) may need to rebuild its dollar reserves to restore investor confidence and reduce concerns about future bitcoin sales, according to JPMorgan analysts, who have now turned “cautious” on digital assets. Strategy’s recent decision to sell 32 bitcoin “spooked” markets even if the sale was “symbolic and voluntary,” intended to demonstrate
Bitcoin traders have spent the past week bracing for the wrong kind of surprise, watching rate-cut bets evaporate as a run of firm labor data pushed the odds of a Federal Reserve hike by year-end toward 85% and dragged the 10-year Treasury yield up near 4.5%. Understandably, it dominates the screens, given how much of
Solana co-founder Anatoly Yakovenko publicly rejected Senator Bernie Sanders’ AI jobs warning. The senator argues artificial intelligence (AI) and robotics could wipe out millions of American jobs. Sanders paired the warning with a renewed call to ban super PACs. Yakovenko answered with a string of posts defending markets, profit, and decentralized finance (DeFi). Sanders’ AI
Bitcoin’s supply in loss has crossed 10.46 million $BTC, a level that has appeared near past market bottoms. At the same time, new buy walls around $59,400-$61,100 suggest buyers are defending support as traders watch a possible move toward $68,500. Bitcoin Supply in Loss Hits 10.46M $BTC as Bottom Signal Returns Bitcoin’s supply in loss
Bitcoin ( $BTC) is trading at $61,822 on June 7, 2026, at 8:35 a.m. EDT, caught between a deeply oversold momentum reading on shorter timeframes and relentless selling pressure from moving averages across the daily chart. The technical picture this weekend is mixed but carries a clear bearish lean, with the $63,000 level standing as
ChatGPT’s simulated investment portfolio has emerged as one of the standout performers in 2026, delivering an approximately 60% year-to-date gain and significantly outperforming the broader stock market. The performance comes from an ongoing paper-trading competition hosted by Rallies AI Arena, where leading AI models manage virtual portfolios using real-time market prices. Starting with a virtual
Bitcoin ($BTC) threatens to “purge further” as realized losses in the 2026 bear market fail to beat records. Key points: Bitcoin realized losses have not yet surpassed the 2022 total despite market cap being higher. History suggests that a fresh round of capitulation should occur before a bear-market bottom appears. Retail investor conviction is still
Michael Saylor may have offered a clue about Strategy’s (MSTR) next move after last week’s surprise bitcoin sale. On Sunday, the company’s executive chairman posted the chart traditionally used to track Strategy’s bitcoin purchases on X, writing: “A good time to add more dots.” Market observers have viewed such posts as a precursor to a
Bitcoin is back to trading at levels seen in early February: near $60,000. But this time, the response from institutions is totally different. Today, they are aggressively selling into the dip, ETF flows indicate, unlike in February, when selling slowed as prices dropped to near $60,000. That marks a fundamental shift in how institutions view