Bitcoin tumbling to $67,000 may signal a challenging summer ahead as investor capital continues flowing into artificial intelligence (AI) stocks and away from crypto. In a Tuesday report, K33 Research head Vetle Lunde said bitcoin’s weakness reflects fading institutional demand, heavy ETF outflows and growing vulnerabilities in derivatives markets. “Much of the market views the
Strategy, known for its Bitcoin-focused treasury strategy, continues to be a subject of debate among investors regarding its balance sheet. While the company’s extensive stock dilution policy has been criticized, some market commentators note that its Bitcoin assets still constitute a fairly strong collateral structure. According to assessments, Strategy’s 843,700 Bitcoin holdings have a current
In brief Bitcoin treasury firm Strategy sold Bitcoin for the first time since 2022 Monday, offloading 32 $BTC for $2.5 million. Analysts argued that other digital asset treasuries are unlikely to follow suit, with their individual finances a determining factor in whether they sell their crypto holdings. Strategy’s $BTC sale is “showing its Bitcoin holdings
Bitcoin’s latest price action has given bearish analysts more reason to argue that the cryptocurrency is still moving through a deeper correction. Bitcoin has fallen back to $70,000, and selling pressure is building after another failed attempt to hold higher levels. Crypto analyst Crypto Lens has warned that Bitcoin may still need one final move
Bitcoin is breaking down through major technical support while the NASDAQ keeps printing new all-time highs. Chief market strategist Gareth Soloway has mapped out a detailed set of price scenarios covering where Bitcoin could go from here and at what levels he plans to start buying. The Breakdown That Changes the Picture Bitcoin reached the
Bitcoin has fallen below $70,000 as capital continues to flow toward a narrow group of high-performing U.S. equity sectors, according to a new analysis from Binance Research. According to Binance Research, the CBOE Dispersion Index recently reached 42, its third-highest reading on record, a level the firm said points to extreme concentration within the S&P
Bitcoin ($BTC) losses passed 6% after Wednesday’s Wall Street open as a cascade of liquidations gathered pace. Key points: Bitcoin falls below $67,000 for the first time since the first week of April as losses pile on. Liquidations hit $1.25 billion over 24 hours as analysis sees the mid-$50,000 range returning. $BTC/USD appears to repeat
Spot Bitcoin ETFs were supposed to be the main event. Matt Cole thinks they were just the opening act. The CEO of Strive, the publicly traded Bitcoin treasury firm operating under ticker ASST, is making a bold case that “digital credit,” a category of yield-generating financial products backed by corporate Bitcoin holdings, represents a far
Following the recent sharp declines in Bitcoin, market participants have begun to share more cautious predictions. Some analysts and traders argue that the bottom may not yet have been reached in the current bear market, and that a pullback to the $40,000-$50,000 range is a possibility. Renowned Bitcoin analyst PlanB stated that there is over
While Bitcoin investors’ expectations for a new upward trend in the short term are weakening, the leading $BTC has deepened the negative sentiment in the market with its sharp drop in the last 24 hours. Bitcoin’s price has fallen by more than 5% in the last 24 hours, dropping to $67,312. This brings $BTC’s total