All-time low: The supply in profit metric has broken its trend line from previous cycles by dropping to 10.2 million $BTC. Sales reduction: The 90-day average of spent transaction outputs from veteran investors dropped to a volume of 962 $BTC. Forced liquidations: The derivatives market recorded a forced closure volume worth $404 million. The historical […]
Bitcoin price has confirmed a bearish head-and-shoulders breakdown, putting the $60,000 support zone under pressure as traders react to easing Middle East tensions and persistent institutional selling. According to data from crypto.news, Bitcoin ($BTC) price dropped from an intraday high near $64,500 to a low of $61,990 on June 23 before stabilizing around the $62,000 […]
Crypto analyst Ali Martinez shared notable technical and on-chain levels for Bitcoin and Ethereum. According to Martinez, the $60,000 region is critical for maintaining the current trend in Bitcoin. The analyst noted that, according to on-chain data, more than 1.3 million $BTC changed hands between $60,000 and $63,000. Martinez emphasized that this region represents one […]
In brief Bitcoin fell in sympathy with tech stocks on Tuesday, hitting a two-week low as investors appeared to fixate on expectations of rate hikes. The weakness follows a frenetic rally in tech stocks; however, names attached to the AI boom were set to drag the Nasdaq lower. Hashdex’s Gerry O’Shea pointed to the Clarity […]
Robbie Mitchnick, the head of digital assets at BlackRock Inc. (NYSE: BLK), has warned that the Artificial Intelligence (AI) boom has been sucking the oxygen out of Bitcoin (BTC). Mitchnick said that everything not tied to the AI trade, including Bitcoin, has struggled since the start of Q4 2025, according to an interview with Yahoo […]
Nakamoto, the Bitcoin treasury and investment company led by David Bailey, co-founder of $BTC Inc., on Monday announced that its legacy healthcare clinics stopped operating on June 19, 2026, with final administrative steps expected in the third quarter. The Nasdaq-listed firm now operates purely as a Bitcoin company across media, asset management, and consulting verticals. […]
Bitcoin (BTC) remains under pressure amid prolonged institutional selling, but Finbold’s AI Agent projects some potential upside for the world’s largest cryptocurrency by the end of June. Specifically, the machine learning algorithm projects an average Bitcoin price target of $63,900 for July 1. Looking at the press-time price of $62,230, the number implies a 2.54% […]
Bitcoin continues to test investors’ nerves. While the price of the leading cryptocurrency slides toward local lows in the $62,400–$63,600 area, testing the important 200-week moving average, a powerful countertrend move is forming in the derivatives market. According to a fresh report from Glassnode, large players on the decentralized exchange Hyperliquid have launched a large-scale […]
Tokenized products tracking Space Exploration Technologies Corp. (NASDAQ: SPCX), popularly known as SpaceX, surpassed $80 million in combined market capitalization as of Jun 23, 2026. The tokenized SpaceX stock products had a market cap of approximately $80.82 million at press time, up around 3.54% over the past 24 hours, according to data from CoinMarketCap. After […]
The declines seen in US stocks yesterday were first reflected in Asian markets this morning. Chip manufacturers, in particular, experienced sharp sell-offs, and these declines caused Bitcoin to fall to $62,000 and gold to drop to $4,100 per ounce. While Bitcoin remains above the $62,000 level, analysis firm QCP Capital predicts that BTC and the […]