SpaceX is trading like a $2T meme stock after its record IPO
Elon Musk’s company has jumped more than 50% from its IPO price as retail demand, crypto leverage and short liquidations amplify the rally.
Track crypto price watch updates, sharp market moves, key levels, and fast reactions to breaking developments across digital assets.
Strategy’s tiny sale was not big enough to explain Bitcoin’s correction by itself, but it raised a bigger fear of whether corporate Bitcoin treasuries are still permanent holders.
A broad wave of selling has damaged market confidence, but the growing pile of short bets means bears may supply the next burst of buying.
Zcash rallied after a critical Orchard flaw was patched, even as broader crypto markets fell under liquidation pressure.
The break below $70,000 has shifted the market from dip-buying to downside protection as ETF outflows remove a key source of demand.
The sharp pullback punished bullish bets and exposed how crowded crypto positioning had become before the selloff.
Brent crude jumps 5% on shipping threats in the Strait of Hormuz, forcing a swift de-risking across digital assets.