With Bitcoin sliding below $62,000 in early June 2026, down more than 50 percent from its October 2025 high near $126,200, the question every holder is asking is simple: how low can it go? The honest answer is that nobody knows, but the levels traders and analysts are actually watching are specific, and they cluster
Bitcoin remains under significant pressure after a steep decline pushed the cryptocurrency below several major technical support levels. Although recent trading activity shows some stabilization near local lows, the broader market structure continues to favor sellers. At the same time, rising derivatives activity and persistent exchange outflows present a more complex picture for investors assessing
A publicly-traded children’s tutoring company has reinvented itself three times over the past year, pivoting from online education to Solana treasury management, then AI datacenter operations, and eventually, HyperLiquid yield farming. Unfortunately, it dwindled to a penny stock in the process. Shareholders have paid for every cringeworthy bandwagon hop. Its stock is down 99.9% over
When Bitcoin slid below $62,000 in early June 2026, the crypto world reached for the nearest villain: Michael Saylor. On June 1, his company Strategy disclosed it had sold 32 Bitcoin, its first sale since 2022, and retail traders across social media pointed to it as the reason the market broke. It is a satisfying
The cryptocurrency market is having a tough week. Bitcoin ($BTC) and altcoins, already on a downward trend, are experiencing sharp declines following Strategy’s long-standing $BTC sale. At this point, Bitcoin fell to $63,000 and Ethereum (ETH) to $1,770, and Strategy founder Michael Saylor spoke after the sell-off. Saylor stated that the flow of capital from
When Zero Network announced it was shutting down last month, the reaction across crypto was weary: Another Ethereum layer-2 just bit the dust. The closure joined a growing list of struggling rollups and came amid renewed debate about whether Ethereum’s sprawling layer-2 ecosystem has become too crowded. At the same time, Ethereum creator Vitalik Buterin
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 1751.54, down 3.7% (-67.17) since 4 p.m. ET on Wednesday. One of the 20 assets is trading higher. Leaders: BCH (+1.5%) and HBAR (-2.1%). Laggards: NEAR (-15.2%) and ICP
Bitcoin has tanked over 14% in one week and 22.7% in four weeks. Strategy Chairman Michael Saylor has a simple explanation for the decline: It’s capital rotation, not impairment. In a post on X, Saylor pointed to the historic pace of AI infrastructure funding to the tune of approximately $400 billion deployed over the past