Traders looking for silver linings as Bitcoin price dropped to $65,710 on June 3 are not getting it from analysts who point to how derivatives trades are setting up and the long line to exit crypto funds in their warnings that more pain could be coming. The money leaving crypto is not disappearing into thin
MicroStrategy sold 32 Bitcoin ($BTC) between May 26 and May 31 to help fund dividends on its preferred stock, its first such sale since 2022. Now, its STRC shares are trading below their $100 par value. The sale was small next to the 843,706 $BTC the company holds. Still, it raised a sharper question for
Jamie Coutts, Chief Crypto Analyst at Real Vision, believes crypto may have one more leg lower before a recovery, but says anyone buying Bitcoin in the $60,000s on a long-term horizon is likely making one of the better financial decisions available right now. Speaking in a recent interview, Coutts laid out a measured case for
Bitcoin has suffered a decisive breakdown from its multi-month rising channel, triggering a sharp sell-off that pushed the price toward a major support cluster around $65K. The rejection from the 100-day moving average and the inability to reclaim lost support levels suggest sellers remain in control in the near term, although $BTC is now approaching
Bitcoin ($BTC) has dropped 8% to a nine-week low of $65,360 from Tuesday’s high of $71,300 amid increasing geopolitical risks surrounding the US-Iran war. Key takeaways: Bitcoin slipped to $65,000 on Wednesday in a market-wide correction, liquidating $774 million in longs. Traders say Bitcoin needs to hold $60,000 as support to avoid a deeper correction
The leading cryptocurrency, Bitcoin ($BTC), surged above $82,000 in the first week of May, but this was short-lived. Since mid-May, factors such as rising geopolitical risks in the Middle East and increased ETF outflows have caused the $BTC price to fall to $65,000. However, Bitcoin has reached its lowest point at the Power Law level,
India’s crypto industry continues to await regulatory clarity and tax reforms. In an interview with Coinpedia, Nischal Shetty shared his views on the country’s crypto tax structure, the impact of the 1% TDS, stablecoin adoption, tokenized real-world assets (RWAs), and the future of crypto regulation in India. Nischal Shetty Wants TDS Reduced or Removed Shetty
Bitcoin has returned to the center of market attention after prediction markets assigned nearly even odds that the cryptocurrency would fall below $50,000 before the end of 2026. The forecasts emerged after Bitcoin declined from approximately $71,300 to $66,500, leaving the asset more 30% below its 2026 high above $100,000. At the time of writing,