Bitcoin is down over 16% in the past week, falling from a high of around $76k to currently trading at $62k mark. The largest cryptocurrency is now down roughly 50% from its all time high set in October last year. Heavy ETF outflows, bearish headlines from Mt. Gox adding sell side pressure and Strategy’s first
Grayscale Research Director Zach Pandl said Bitcoin ($BTC) could enter a recovery phase in the coming months, but a lasting bottom requires new buyers to enter the market. Pandl stated that Strategy’s announcement on June 1st that it had sold 32 $BTC triggered a new wave of volatility in the Bitcoin market. However, he added
At 8:30 a.m. EDT, bitcoin traded at $63,444 on June 4, 2026, with its relative strength index ( RSI) registering just 17 and all 14 tracked moving averages pointing lower, placing the $61,310 swing low at the center of every active trader’s attention. The technical picture is uniformly bearish across the daily, 4-hour, and 1-hour
Bitcoin has been in freefall since June 2, 2026. What started as a midday flash crash that knocked the price from about $71,765 to $67,895 has turned into a three-day slide. By June 4, Bitcoin had fallen to $61,655, its lowest level in months and more than 50% below the October 2025 all-time high near
Bitcoin has rebounded from an intraday low near $61,500 after weaker-than-expected U.S. labor market data strengthened expectations that the Federal Reserve could still lower interest rates later this year. According to data from crypto.news, Bitcoin (BTC) price traded at around $63,800 at press time on June 4, recovering from an intraday low near $61,550. Despite
Casper has launched an AI-focused toolkit on its mainnet, introducing what the network describes as a production-ready stack that allows autonomous agents to both make blockchain-based payments and build decentralized applications without human involvement. According to a press release shared with crypto.news, the Casper AI Toolkit combines several infrastructure components that enable AI agents to
Strategy chairman Michael Saylor publicly commented on the prolonged decline in the crypto market, which has caused the price of Bitcoin and the company’s stock, MSTR, to lose more than 10% since the beginning of June 2026. According to Saylor, the current downtrend is not caused by a systemic crisis or a loss of confidence
Barstool Sports founder Dave Portnoy, known for his eccentric takes on the crypto market, has once again confirmed his unofficial status as the person with the worst timing in the industry after admitting to multimillion-dollar losses on his key positions. In a recent social media address, Portnoy publicly confirmed that he owns a ton of
The Bitcoin ($BTC) network utilization has dropped to its lowest level in more than seven years amid renewed selling pressure. As of June 4, the 60-day Moving Average for Bitcoin active addresses hovered slightly above 600,000, according to data from Bitcoin Magazine Pro analyzed by Finbold. Bitcoin’s utilization has been declining gradually since the end
Visa has launched a proof-of-concept initiative with stablecoin infrastructure provider Brale to evaluate private, blockchain-based settlement for institutional payment flows using the SBC stablecoin on the Canton Network. Key Takeaways: Visa and Brale launched a 2026 SBC stablecoin settlement proof of concept. Canton Network privacy features target institutional payment and compliance needs. Visa, active in