Bitcoin News

Bitcoin bounces, HYPE falls, NEAR gets demolished as crypto deals with a wipe out
Amid the crypto price crash, a handful of tokens have been performing well, but they're tumbling now as Arthur Hayes exits.

This bitcoin metric has marked every bear market bottom, and it's just flashed again
More than half of the bitcoin in circulation is sitting on unrealized losses as the BTC price tests historically significant bear-market support levels.

Bitcoin briefly drops below $62,000 as $1.5 billion in crypto longs get wiped out
Presto Research says bitcoin's drawdowns this year have coincided with rallies in AI stocks and gold as markets scale back expectations for Fed rate cuts.

Live markets: Bitcoin selloff stalls as key indicator signals oversold conditions
Bitcoin rebounded to $64,000 after a sharp selloff, with the move reflecting a typical bounce from oversold conditions rather than a confirmed trend reversal.

Bitcoin tanks below $63,000 for the first time since February as price selloff deepens
The selloff has triggered demand for protective options plays, pushing the fear gauge higher.

Bitcoin isn't crashing because of Saylor, it's losing the momentum trade
Bitcoin's recent weakness reflects a broader rotation into AI, IPOs and other momentum trades rather than concerns about Michael Saylor's bitcoin sales, according to Charles Schwab's Jim Ferraioli.

Rare physical bitcoin worth $1.78 million gets cashed in after 12 years
The S1-COIN-25 physical bitcoin, part of Mike Caldwell's 2011-2013 mint, had its tamper-evident hologram peeled and the 25 BTC swept on-chain on Wednesday.

Bitcoin's dearth of fresh investors matters more than Strategy's sale, Citi says
Strategy's bitcoin sale may have rattled markets, but the bigger issue is missing demand from new buyers, Citi said.

Live markets: bitcoin hits weakest level since late March as selling continues
One novel theory floating around social media says it's Iranian sanctions, not Strategy sales, that's behind this week's price crash.

Bitcoin hits Power Law level low that historically precedes a rebound
The power law model shows BTC trading at one of its deepest discounts relative to trend, a level previously seen during the March 2020 crash and FTX collapse.

