Bitcoin may be approaching a valuation zone that has historically marked bear market bottoms. However, on-chain data suggests the market has not yet experienced the level of seller exhaustion typically seen before a major recovery. According to a recent CryptoQuant analysis, Bitcoin recently fell to a new bear market low of $59,000. That puts it
The latest Bitcoin correction is drawing comparisons to the 2022 downturn, which came before the asset surged 8x to the 2025 all-time high. Top market analyst TARA pointed to similarities in structure between these two market phases in a recent Bitcoin ($BTC) price analysis on X. Her analysis suggested that $BTC is currently in this
Popular American investor Anthony Pompliano has highlighted several indicators suggesting that Bitcoin may be nearing the bottom of the current bear market. Speaking in an interview on CNBC’s Squawk Box, Pompliano discussed Bitcoin’s recent decline, which briefly pushed the asset to around $59,000 last week. Interestingly, he argued that the premier cryptocurrency is approaching its
When U.S. spot bitcoin exchange-traded funds (ETFs) launched in January 2024, investors had more than a dozen funds to choose from. BlackRock, Fidelity, Ark Invest, Bitwise, VanEck, Franklin Templeton and several others entered what many expected would become a fiercely competitive market. Eighteen months later, the battle increasingly looks like a two-player race. Data shows
Fold Holdings, a Bitcoin (BTC) financial services company traded on Nasdaq, announced it sold approximately $45 million worth of Bitcoin to strengthen its balance sheet and support its growth plans. The company reported that it completed sales transactions at an average price of $71,000. According to Fold’s statement, approximately $20 million of the proceeds were
If bitcoin and Ethereum had been invented on the same day, nobody would have heard of bitcoin. I sold every bitcoin Bit Digital held and deployed the proceeds into Ethereum. I have built one of the largest corporate Ethereum treasury positions in the world and said, on the record, that we will never sell it.
The leading cryptocurrency, Bitcoin ($BTC), has fallen to around $60,000 following recent declines. As a result, more than half of Bitcoin’s circulating supply is currently trading at a loss. This suggests that the bottom for $BTC may be approaching. According to The Block, K33 Research’s latest analysis indicates that more than 50% of Bitcoin’s circulating
More than 8 million $BTC are now being held at an unrealized loss as Bitcoin’s recent correction continues to pressure investors, according to on-chain data from Glassnode. The latest figures shared on June 10 show Bitcoin ($BTC) supply in loss has climbed to roughly 8.33 million $BTC following the market’s decline from recent highs. The
Mike McGlone, a commodity strategist at Bloomberg Intelligence, has flagged ‘a 100-year pump-then-dump risk signal’ for US stocks and Bitcoin (BTC). In a June 10 analysis shared on X, McGlone argued that the stock market could end 2026 lower than expected despite years of strong gains, pointing to extreme valuations in US equities and growing
Tempers are flaring as the bitcoin bear market deepens. Strategy’s (MSTR) latest bitcoin purchase has sparked a public debate on X between Executive Chairman Michael Saylor and bitcoin advocate Matthew Kratter over whether the company’s most recent capital raise was accretive or dilutive for shareholders. The disagreement centers on Strategy’s own bitcoin performance metric, $BTC