Bitcoin remains under pressure after a steep correction erased a significant portion of its earlier gains, yet fresh speculation surrounding Strategy Executive Chairman Michael Saylor has injected new interest into the market. Traders continue monitoring whether Bitcoin can defend critical support levels while also assessing the possibility of another major corporate accumulation event. As sentiment
Bitcoin is at a crossroads after a sharp decline pushed the asset back into one of the most important support areas of the current market cycle. On June 5, $BTC fell to $59,100, reaching a level that has historically either stopped major declines or opened the door to significantly lower prices. At press time, Bitcoin
Following the recent sharp sell-off in the cryptocurrency market, a noteworthy assessment of Bitcoin’s short-term outlook has emerged. An analysis published by the research firm 10X Research states that the recent decline stemmed not from aggressive short positions in the futures market, but directly from selling pressure in the spot market. According to the company’s
CME’s bitcoin volatility index futures began trading last week, offering investors a new way to trade and hedge price volatility. DV Chain and Monarq Asset Management executed the first block trades, kicking off trading in the contracts. These volatility contracts track the CME CF Bitcoin Volatility Index (BVX), which represents the market’s expectations for bitcoin
Michael Saylor, founder and chairman of Strategy, the world’s largest institutional Bitcoin investor, has given strong signals that a new Bitcoin purchase may be announced soon, in his recent post on the social media platform X. On Sunday, Saylor shared a chart showing the company’s Bitcoin acquisitions, known among investors as the “orange dots chart,”
BTCTOP CEO Jiang Zhuoer has pushed back against fears that Strategy could become a major Bitcoin seller if the market falls further. In a post on X, Jiang said he does not believe Strategy will “substantially net sell $BTC.” He argued that the company still has a strong reason to protect its public image as
A highly leveraged short position on Bitcoin is rapidly unraveling, illustrating the brutal risks of high-stakes derivatives trading. An anonymous trader, identified only by a wallet address beginning in 0x0c86, opened a 40x leveraged short on Bitcoin via the Hyperliquid ($HYPE) platform. Within just 12 hours, the position has already suffered a 52% unrealized loss,
Bitcoin traded near $61,739 on June 7 after a volatile session that pushed price as low as $60,420. The rebound kept $BTC above the $60,000 area, but the wider market stayed cautious after a sharp decline earlier in the week. The move came as Michael Saylor posted, “A good time to add more dots.” Traders
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
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