Bitcoin is testing a critical support area as investors assess whether the $60,000 level can hold. A strategist said a break lower could bring $55,000 into focus, while maintaining support could help preserve the case for a $100,000 year-end target.
It is the longest losing streak the spot Bitcoin ETFs have ever recorded. Between May 15 and June 3, 2026, US-listed spot Bitcoin ETFs bled cash for 13 consecutive trading days, draining roughly $4.
As bitcoin slipped to a 2026 low of $59,100, market data reveals that BTC priced against the South Korean won has been changing hands at a discount. In fact, the Kimchi premium has vanished, and bitcoin has been trading below global market prices in South Korea for nearly a month.
Every Fed chair change has crushed Bitcoin. Here's why 2026 may finally break that cycle.
For the better part of two years, Wall Street has treated AI as the most bullish trade on the board, a growth engine that turbocharges earnings, underwrites stretched valuations, and promises a productivity windfall somewhere down the road.
Bitcoin's sharp selloff, with $3.8B in outflows, has rattled investors.
The Bitcoin slump highlights the volatility of crypto assets and underscores the need for transparency and strategic management in government reserves. Bitcoin slump halves US government holdings to $21B.
Bitcoin's decline highlights the impact of U.S. policies on global crypto markets, raising concerns about future regulatory challenges. Bitcoin erases gains since Trump's reelection, falls below $60K.
With pressure building, are these downside targets becoming more realistic, or is the market still overreacting?
Bitcoin surged in the wake of President Trump's reelection, pushing to new highs deep into 2025. Now it's down more than 50% from that peak.
The launch of BTC-backed preferred stock in Sweden could influence investor sentiment towards cryptocurrency dividends, impacting market dynamics. Bitcoin Treasury Capital launches Sweden's first BTC-backed preferred stock.
Bitcoin (BTC) hits “Extreme Fear” as it retests the critical $60k support. Is this the cycle bottom or is a 40% drop ahead?