A May 28 morning slide to a session low of $72,642 pushed bitcoin closer to locking in an overall loss for May, extending a weeklong retreat from its May 25 peak of $78,000. Key Takeaways: Bitcoin fell to a session low of $72,642 on Thursday morning, threatening to close May with a monthly loss.
The Chicago Mercantile Exchange is transitioning its crypto derivatives platform to near 24/7 trading, marking a major structural shift in how institutional investors access Bitcoin futures markets outside traditional banking hours.
Crypto prices fall as Bitcoin, Ethereum, and Solana struggle while the S&P 500 hits a record high. Why is crypto not following stocks?
Bitcoin (CRYPTO: BTC) remains positioned for a comeback despite a sluggish two-year stretch, according to ProCap CEO Anthony Pompliano, who argues that continued fiscal stimulus will keep driving capital toward hard assets. Why Bitcoin Has Struggled In a CNBC Squawk Box interview on Thursday, Pompliano said investors are frustrated because Bitcoin has lagged while stocks, especially AI-linked names, have captured momentum.
Institutional Bitcoin staking on Stacks could accelerate DeFi adoption, but risks in Layer-2 protocols require careful evaluation by investors. UTXO Management becomes first institution to stake Bitcoin on Stacks.
Given the price structure and momentum, a Bitcoin bounce toward $75k was possible, followed by further losses.
Prediction market odds are rising for Bitcoin to drop below $70,000 in the next few days following a dip to a six-week low price.
CME Group launches round-the-clock Bitcoin futures trading, closing a long-standing market structure gap.
U.S. stocks and bonds, and the oil market are reacting positively to yet another purported peace agreement, but crypto markets remain under heavy pressure.
Bitcoin (CRYPTO: BTC) is trading in one of its quietest stretches in months, with 9-month volatility falling to a yearly low even as macro uncertainty, ETF outflows and geopolitical risk keep markets on edge. Why Bitcoin Is So Quiet Bitwise's Jeff Park said on Tuesday in an interview with Scott Melker that espite a noisy global backdrop Bitcoin volatility has dropped to the lowest level of the year.
Bitcoin buyers stepped in again, but this ONE bearish metric still kept traders on edge.
The US-Iran war has again escalated with fresh strikes from both sides, a development that has now dampened hopes of an imminent peace deal. This has caused another significant decline in Bitcoin's price, with an expert urging market participants to remove their funds from BTC.