The relief rally that lifted crypto off last week's lows is unwinding alongside tech stocks and gold, with traders bracing for a US inflation print and a Warsh Fed that may stay hawkish.
Net assets of U.S.-listed spot ETFs have fallen to levels last seen just after Trump won the election in early November 2024.
Bitcoin miner Keel Infrastructure has completed a $458 million convertible senior notes offering, securing one of the larger debt financing rounds in the crypto mining sector this year.
Bitcoin slipped out of the global top 10 assets this week as its market cap fell below $1.5T, while surging U.S. mega-cap tech stocks climbed higher.
CME's new futures product enhances institutional crypto access, potentially boosting market legitimacy and attracting cautious investors. CME Group launches Nasdaq CME Crypto Index Futures covering Bitcoin, Ethereum, Solana, and four more tokens.
Wintermute said bitcoin's latest decline was driven mainly by U.S. institutional selling and ETF outflows, not Strategy's small BTC sale. The firm warned that capital inflows have not returned, making it too early to call a market bottom.
Bitcoin price started a downside correction from the $64,600 zone. BTC is showing bearish signs and might continue lower below $61,200.
BlackRock has entered the quantum-computing debate with a new report warning that future breakthroughs could eventually threaten the cryptography securing Bitcoin, Ethereum and much of the broader digital-asset market.
Bitcoin is holding above $62,000 after the massive drop that defined last week's market action and erased months of recovery progress in a matter of days. The price is stabilizing — but analyst MorenoDV has published a demand analysis that places the current market conditions in a historical context that makes the stability feel considerably more fragile than the held price level suggests.
The push for Bitcoin tax reforms could simplify crypto transactions, reducing burdens on everyday users and signaling potential regulatory shifts. Jason Somensatto advocates for Bitcoin tax reforms before US lawmakers.
Bitcoin (BTC) is attempting to stabilize around the $61,000 level after a sharp selloff from the mid-$67,000 range, with market data showing heavy overhead supply near $63,000 and a near-term support zone forming just above $60,000. The shift matters because it suggests the market is moving from a momentum-driven downdraft into a phase of 'price rebalancing'—where new transactions increasingly occur at lower levels, resetting the average cost basis for recent participants.
A Bitcoin bounce was underway, but market participants should not expect a trend reversal, though a bounce up to $71.2k was technically possible.