On-chain weakness, aggressive short bets, and inflation data collided to spark Bitcoin's brutal mid-May selloff.
Bitcoin dropped to roughly $79,400 after spot ETFs lost $635 million Wednesday, the largest single-day outflow since January, even as long-term holders absorbed a record 4 million BTC.
A leading cryptocurrency analyst flagged a major bullish signal early Thursday, potentially fueling Cardano's (CRYPTO: ADA) next rally. Will ADA Hit $0.42?
U.S.-listed spot Bitcoin ETFs recorded their largest single-day outflows in four months on Wednesday as rising inflation concerns and weakening risk appetite pressured crypto markets. According to data from SoSoValue, the 12 spot Bitcoin ETFs in the U.S.
The story of a user who managed to recover 5 Bitcoin tokens worth around $400,000 after 11 years without access to them has attracted huge attention on social media in recent days.
Bitcoin's short-term holder loss pressure, combined with a decreased supply of young coins, can help ease selling pressure.
A May 7 JPMorgan client note estimated that Strategy could buy roughly $30 billion in Bitcoin in 2026 if Michael Saylor's company maintains its current purchasing pace. That figure positions Strategy alongside spot ETF flows and miner supply as a structural force in Bitcoin's demand architecture.
An X user claims Anthropic's Claude AI helped recover 5 Bitcoin that had been locked inside an old wallet for more than a decade.
Jane Street sharply reduced its Bitcoin ETF exposure in the first quarter of 2026, cutting reported holdings in BlackRock's IBIT and Fidelity's FBTC while increasing positions in Ether ETFs and several crypto-linked equities. The move has revived speculation that one of the market's largest trading firms may have been a major force in Bitcoin's recent price dynamics — and that a lighter reported position could remove a key overhang for BTC.
The decline of digital assets continues to weigh on the companies most exposed to the market. In Japan, Metaplanet provides a striking example with a quarterly loss of 725 million dollars, linked to the drop in its bitcoin holdings.
Bhutan could walk away with roughly $767 million in total profit if it sells its remaining Bitcoin near current prices — a striking figure for a Himalayan nation of 750,000 people that quietly built one of the world's largest sovereign crypto reserves through hydropower mining.
U.S. spot Bitcoin ETFs recorded a massive $635 million outflow just as Bitcoin crashed below the key $80,000 support level, marking the biggest one-day institutional exit since February. The sudden selloff followed hotter-than-expected U.S. inflation data, raising fears that Wall Street may be taking profits after the recent rally.