After a flash crash toward $61,000, bitcoin briefly rebounded to $64,600 before stabilizing just under $64,000. Despite trimming its losses, it remained down 3.2% daily, 14% weekly, and nearly 30% year-to-date in 2026.
Bitcoin traded just above $63,000 on Thursday around 12 p.m. EDT, after shedding 17% over the past fortnight, as investors increasingly weigh the potential impact of a historic wave of artificial intelligence (AI) public offerings expected to hit markets over the coming months.
Backed by economist Nouriel Roubini, a long-time anti-bitcoin advocate, and known as 'Dr. Doom,' the Atlas CEO, Reza Bundy, shot a short-term warning for bitcoin but stayed bullish in the long-term.
Bessent told the Senate the strategic Bitcoin reserve is moving with “deliberate speed” and following best practices. The U.S. Treasury currently holds 328,372 BTC valued at $20.6 billion, accumulated through criminal and civil forfeitures. Bessent urged Congress to pass the CLARITY Act before the end of summer, calling it “necessary” for U.S.
DDC Enterprise purchased an additional 90 BTC at an average cost of $78,736 per unit. The company's treasury rises to 2,804 BTC, placing it 28th globally among public corporate holders according to Bitcoin Treasuries. The company's shares closed 7.1% lower on Wednesday, trading at $1.18 per share.
A Casascius coin tied to 25 BTC moved this week, converting a 2011 physical Bitcoin artifact into spendable BTC during a broader market selloff. Galaxy Research identified the item as an S1-COIN-25 Casascius physical Bitcoin, a large-denomination piece from the era when Bitcoin could still be handed across a table as a loaded coin.
With Bitcoin falling hard this week and down nearly 50% from peak. Strategy's Michael Saylor is pointing the finger at the AI boom.
Investment advisor Ross Gerber has fiercely criticized Michael Saylor following news that Strategy Inc. sold a portion of its Bitcoin holdings. Gerber accused Saylor of executing a "rug pull" on the market, noting that Saylor had previously claimed he would never sell the cryptocurrency.
Bitcoin's on-chain activity has fallen to its lowest level in more than seven years, even as the world's largest cryptocurrency continues to trade above $63,000.
Tech giant Microsoft has unveiled Majorana 2, a topological quantum chip that has sent shivers down the crypto community. The new release could potentially hasten the Q-day timeline for digital asset holders.
Bitcoin has seen its network use fall to its weakest level in more than seven years as selling pressure and lower on-chain activity weigh on market confidence.
Thirty-two bitcoins quietly leave Saylor's vault, and suddenly the entire financial Washington coughs. Behind this handful of tokens sold, jittery traders, cautious accountants, and bitcoin believers are already clashing.