Bitcoin is struggling as the price tests $62,000 as support — a level that would represent a significant extension of the correction from the cycle highs and a test of the structural foundation that bulls have been pointing to throughout the decline. The weakness is real and the selling pressure is persistent — and XWIN
Bitcoin has now fallen 50% from its all-time high, a correction that has erased approximately $988 billion in market value between October 2025 and April 2026. The prolonged downturn has been driven by a combination of market-specific and macroeconomic factors. The sell-off gained momentum following the $19 billion liquidation event in October, which triggered a
Bitcoin is slipping back toward its February low after definitively breaking down from the trading range that had contained price action for months. The move has drawn a sharp reaction in derivatives markets, with the latest Glassnode update indicating that options traders are swiftly recalibrating their positioning, volatility expectations, and underlying sentiment. According to the
Bitcoin’s recent drop below $60,000 has brought back bearish comparisons into the play. Crypto analysts are now comparing the current market downturn with the 2022 bear market cycle. Back then, Bitcoin fell 22% below its previous all-time high before hitting bottom. Today, Bitcoin is already down 53% from its all-time high, raising questions about where
A Bitcoin miner who accumulated 20 BTC in 2010 has moved their funds for the first time in over 15 years. The transaction, valued at approximately $1.5 million at current market prices, was detected by Galaxy Research and confirmed on-chain at block height 951,828. What Happened and Why It Matters The 20 bitcoins were mined
In a significant on-chain transaction, the Bhutanese government transferred 738 Bitcoin ($BTC), valued at approximately $45 million, to a newly created external wallet over the span of about one hour. The move was detected by Arkham, a blockchain analytics firm, and adds to a pattern of gradual sales by the Himalayan kingdom. Details of the
Unlike ETF flows, professional crypto holdings usually serve balance sheets and long-term objectives. From a strategic angle, institutions use ETF exposure to pursue returns and gain market exposure. On the contrary, private equity firms, hedge funds, governments, and banks hold Bitcoin within broader investment mandates, risk frameworks, and portfolio strategies. These entities typically treat Bitcoin
The derivatives market is loading a spring at Bitcoin’s $60,000 handle. Jean-David Péquignot, Chief Commercial Officer at Deribit, flagged the level as the most consequential price zone for the options market right now. According to the original report, notional open interest in Bitcoin put options at the $60,000 strike exceeds $1.2 billion on Deribit alone.
Veteran crypto analyst Bob Loukas says Bitcoin has entered the final stage of its current four-year cycle, but warned that the market may still need another leg lower before a durable cycle bottom is in place. In his latest “4-Year Journey” update, published on June 4, Loukas framed Bitcoin’s recent retest of its February lows
Bitcoin [$BTC] has gotten June off to a remarkable start. Within five days, the price has dropped by 14.4%. The first three days of the month saw a cumulative $1.399 billion in outflows from Spot exchange-traded funds (ETFs). Source: Ali Martinez on X In a post on X, Ali Martinez used Glassnode data to demonstrate