The leading cryptocurrency, Bitcoin ($BTC), recovered over the weekend after recently falling below $60,000. While Bitcoin and altcoins recovered somewhat over the weekend, the market is noting that this is more of a technical recovery than a trend reversal. Bitcoin’s Recovery is Real, But Insufficient! At this point, according to on-chain analyst Axel Adler Jr.,
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1715.91, up 6.7% (+107.11) since 4 p.m. ET on Friday. Nineteen of 20 assets are trading higher. Leaders: NEAR (+12.3%) and TAO (+12.0%). Laggards: BCH (-3.2%) and AVAX (+1.1%).
For most of Bitcoin’s history, the threat of quantum computers breaking its cryptography was a distant, theoretical worry, the kind of thing dismissed with “by the time that happens, we will have fixed it.” In 2026, the fixing has begun. On February 11, 2026, a proposal called BIP-360 was published and merged into Bitcoin’s official
A major Bitcoin transaction from BlackRock has caught the attention of the crypto market. The world’s largest asset manager recently transferred 3,580 $BTC, valued at roughly $226.8 million, to Coinbase Prime. The move quickly sparked debate among traders who now wonder whether the transfer signals a coming sale or simply reflects routine fund operations. Large
Six months into 2026, Bitcoin is trading around $63,129 after experiencing one of its most volatile weeks of 2026. The world’s largest cryptocurrency almost fell below $60,000 amid ETF outflows, rising rate fears, and broader market weakness. Despite the correction, many analysts and institutions remain bullish on Bitcoin’s long-term outlook. Here’s a look at some
Despite a significant $2.6 billion in net outflows from spot Bitcoin exchange-traded funds (ETFs) this year, Bernstein analysts argue that Bitcoin’s long-term appeal as a store-of-value asset remains intact. The assessment, detailed in a recent report by analyst Gautam Chhugani, comes as the broader market shifts its attention toward the artificial intelligence investment boom. Market
A single whale bought 1,656 $BTC worth about $98.9 million almost exactly at this month’s local bottom, then booked roughly $3.5 million in paper profit within two days as bitcoin rebounded. Key Takeaways: A whale bought 1,656 $BTC ($98.93M) at $59,734, near bitcoin’s June 5 low of $59,100. The position gained about $3.5 million in
After a massive selloff last week, one of bitcoin’s closely watched onchain metrics is approaching a threshold that has historically marked bear market bottoms. The metric is called the market value-to-realized value (MVRV) Z-Score. Every major bitcoin cycle bottom has coincided with the Z-Score touching or briefly dipping below zero (into the green zone, in
Strategy (MSTR) acquired 1,550 bitcoin for approximately $101 million, increasing its total holdings to 845,256 $BTC, according to a Monday announcement from Executive Chairman Michael Saylor. The purchase comes after bitcoin fell around 15% last week, briefly trading below $60,000 before rebounding above $62,000. The decline in bitcoin price followed, at least partially, after Saylor