Bitcoin’s price is down nearly 50% since its October record. But investors shouldn’t worry, the world’s largest asset manager has said, and the cryptocurrency still plays a role as “a global monetary alternative.” In a report Monday, Robert Mitchnick, global head of digital assets at the firm, said that the ongoing rise in U.S. and
Bitcoin and the Nasdaq Composite index are exhibiting a complex relationship. The latest divergence between them suggests an ongoing competition for risk capital. The Nasdaq’s AI-led gains have left Bitcoin users curious about the cryptocurrency’s future amid worries that it could remain range-bound even if broader risk sentiment stays strong. The Nasdaq Composite index is
Bitcoin Headwinds Bitcoin traded near $64,738 on Tuesday, Aug. 18 at 12:10 p.m. EDT, roughly half its October 2025 peak. The market’s dividing line is increasingly hard to miss: The bearish forces are already hitting balance sheets and order books, while the strongest bullish arguments still require decisions, adoption, and fresh capital thathave yet to
Bitcoin ($BTC) hit $65,000 after Tuesday’s Wall Street open as US stocks rebounded in spite of geopolitical pressure. Key points: Bitcoin reaches $65,000 for the first time since Aug. 10 as risk assets navigate fresh US-Iran signals. Analysis warns of surging US 30-year bond yields, which hit 29-year highs of 5.34%. $BTC price analysis flags
In an investor Q&A session moderated by Natalie Brunell, Strategy Founder Michael Saylor and CEO Phong Le made important statements about the company’s balance sheet strategy, stock dynamics, and Bitcoin’s place in the global financial ecosystem. Saylor described Bitcoin as the main “capital” in the digital world, stating that the company is building its future
Bitcoin’s price surpassing the $65,000 level triggered liquidations in highly leveraged short positions. According to on-chain data, a large whale holding approximately $117 million worth of Bitcoin short positions had $23.36 million of those positions forced to close during the surge. It was reported that the whale in question continues to hold a short position
Bitcoin has become unusually quiet, and traders who make their living from its violent price swings are increasingly looking somewhere else for action. After a cycle that began with a Trump-fueled surge and a wave of corporate treasury buying that pushed the price toward record highs, the market is now somewhere far less exciting, trapped
Bitcoin is facing selling pressure from several major sources at the same time. Miners have sold $BTC, spot Bitcoin ETFs have seen large outflows, and Strategy has stopped adding to its Bitcoin holdings. Meanwhile, Crypto analyst Ali Martinez notes that if selling continues to rise, the next major downside target is near $54,276. Bitcoin Miners
Early Bitcoin developer and self-proclaimed “Bitcoin thought leader,” Peter Todd, has revived debate over Bitcoin’s 21 million-coin limit and whether Bitcoin tail emission could help fund proof-of-work security as block subsidies shrink. The dispute turns on whether transaction fees alone can eventually fund adequate security. The clip posted Aug. 16 framed Todd as saying Bitcoin