Bitcoin News

Bitcoin News

Markets

Bitcoin falls below $60,000 as AI trade continues to draw investor interest and capital

South Korean memory chip giant on Wednesday filed to raise nearly $30 billion in a U.S. offering.

CoinDesk

Markets

Bitcoin just broke below the floor of its famous Rainbow Chart into the ‘BTC is dead’ zone

A 50% drop from recent highs has pushed the asset into a zone historically labeled as a dead end, sparking a debate among crypto analysts.

Rainbow Chart (Blockchaincenter.net)

Markets

Gold, silver and bitcoin tumble as 'debasement' trade unwinds

Precious metals have fallen sharply from their 2025 highs as markets price in Fed rate hikes.

Silver (TradingView)

Markets

Bitcoin could fall to $55,000 before finding a bottom, 10x Research says

A strengthening U.S. dollar and the Fed's hawkish turn under new chair Kevin Warsh may keep pressure on crypto through the summer.

Calculator on phone in front of charts (Jakub Żerdzicki/Unsplash/Modified by CoinDesk))

Markets

The Runes revival: Bitcoin traffic hits a two-year high as transactions blast past 820,000

A surge in Rune protocol activity is pushing Bitcoin transaction counts and fee generation to multi year highs.

Number of New Runestones (Glassnode)

Markets

Bitcoin OGs aren't selling as aggressively as they did above $100,000

Bitcoin "OGs" have slashed their selling activity to the lowest levels in nearly two years.

A group of men and friends, playing a game of cards in Sorrento. (Nick Fewings/Unsplash)

Markets

Bitcoin's recent drop below $60,000 signals Fed, ETF and AI pressures: Deutsche Bank

Bitcoin's slump to its lowest level since late 2024 reflects a hawkish Federal Reserve, exchange-traded fund outflows and a shift of capital into AI, the bank said.

Trading screen

Markets

Bitcoin may need to plunge 15% or more to mark bottom, according to this long-time indicator

With bitcoin testing its 200 week moving average, on-chain data suggests the $50,000 to $54,000 range could become the next key battleground.

Realized Price (Glassnode)

Markets

SpaceX’s $600 billion plunge erased equivalent of nearly half of bitcoin’s market cap in 3 days

The newly public company shed close to half of bitcoin's entire market value in three sessions after announcing its first bond sale. Bitcoin, absorbing the same backdrop, fell less than 1%.

Starlink Mission. (Official SpaceX Photos/flickr)

Videos

Strategy's STRC hits record low as Wall Street races to tokenize everything

On this episode of CoinDesk’s Public Keys at the New York Stock Exchange, host Jennifer Sanasie sits down with Digital Assets Council of Financial Professionals founder Ric Edelman to discuss the disconnect between declining crypto sentiment and Wall Street’s rapid investment in digital asset infrastructure. Their conversation covers the CLARITY Act, the fight over crypto in 401(k) plans, tokenization, and Edelman’s long-term outlook for Bitcoin. In this week’s 10X Trade, Maelstrom CIO Arthur Hayes shares his highest-conviction trade. Strive Chief Risk Officer Jeff Walton examines the future of digital credit following the sharp declines of STRC and SATA, arguing that digital credit could represent the next $300 trillion opportunity for Bitcoin. Also on the show, BlackRock Global Head of Digital Assets Robbie Mitchnick discusses BITA, the iShares Bitcoin Premium Income ETF, while 21Shares Co-Founder Ophelia Snyder explains why today’s financial infrastructure may be fundamentally incompatible with the tokenized future Wall Street is working to build.

Strategy's STRC hits record low as Wall Street races to tokenize everything