Bitcoin (BTC) down -5.00% in 24h
Bitcoin is trading at $59,451, down -5.00% over the last 24 hours on Mavunta market data. Elevated volatility. Manage risk and size positions accordingly.
Live Bitcoin (BTC) market alerts and AI-summarized news from verified sources on Mavunta Pulse. Not financial advice.
Bitcoin is trading at $59,451, down -5.00% over the last 24 hours on Mavunta market data. Elevated volatility. Manage risk and size positions accordingly.
Bitcoin briefly fell below $60,000, but traders are anticipating a 15% bounce based on market data.
Bitcoin dropped below $60,000, and 21Shares noted that its earlier prediction of Bitcoin breaking the four-year cycle has not materialized.
Bitcoin's drop to $60,000 has created a $530 million demand zone between $60,500 and $65,000, where a large buy wall and liquidation cluster intersect. This area may act as support if bulls step in, but the outcome remains uncertain.
An analyst argues that infrastructure, not any specific coin, is the key asset in digital assets. Another analyst notes that June's forced selling peaked near $68,000, days before bitcoin's actual bottom.
Bitcoin dropped to $60,000 as investor attention and capital shifted towards AI-related trades, with a major South Korean chipmaker filing for a $30 billion U.S. offering.
Bitcoin's price has fallen 50% from recent highs, entering the 'BTC is dead' zone on the Rainbow Chart, a historically bearish indicator. Analysts are debating whether this signals further decline or a potential bottom.
Strategy shares fell below $100 for the first time since March 2024 as Bitcoin dropped to a two-week low near $60,000. The decline reflects broader market weakness and investor caution amid ongoing volatility.
Strategy (MSTR) stock dropped below $100 for the first time since March 2024, following Bitcoin's decline to around $61,000. The company now holds over $11 billion in unrealized losses on its Bitcoin holdings.
Bitcoin price dropped to around $61,500, a decline of over 50% from its October 2025 peak, amid a broader market sell-off that also dragged down crypto-related stocks.
Gold, silver, and bitcoin have dropped significantly from their 2025 highs as markets anticipate Federal Reserve rate hikes, leading to an unwinding of the debasement trade.
Strive CEO Matt Cole stated the company is aggressively buying Bitcoin during the market downturn, with its treasury now holding 19,864 BTC.
10x Research predicts Bitcoin could drop to $55,000 due to a strengthening U.S. dollar and the Federal Reserve's hawkish stance under new chair Kevin Warsh, which may pressure crypto markets through the summer.
BlackRock, the world's largest asset manager, recommends a 1-2% Bitcoin allocation in diversified portfolios, suggesting it can enhance returns with manageable risk. The endorsement from a major institutional player signals growing mainstream acceptance of Bitcoin as an investment asset.
CryptoQuant warns that Strategy's cash reserves have fallen 38%, now covering only 14 months of dividends versus seven years previously, and recommends pausing Bitcoin purchases to rebuild reserves.
Bitcoin holds above $62,500 and ether near $1,665, but bearish sentiment persists with widening put skews indicating market control by bears.
Bitcoin transaction counts have surged past 820,000, reaching a two-year high, driven by increased activity in the Rune protocol. This has also boosted fee generation to multi-year highs.
Bitcoin's price action aligns with previous cycles, with the current bear market offering a 20% discount to its four-year trend line, suggesting a potential target of $76,000. Analysis indicates Bitcoin is 'not broken' and remains on track with historical patterns.
CryptoQuant warns that Michael Saylor's Strategy should stop buying bitcoin, as its cash cushion has dropped from seven years to 14 months of coverage, and buying at cycle tops has resulted in a $10.6 billion paper loss.
Bitcoin's long-term holders have reduced their selling to the lowest levels in almost two years, which is seen as a bullish signal for the market.
Wintermute's options desk predicts Bitcoin could drop to $59,000 in the short term due to drying liquidity, with a Tuesday range of $61,242 to $63,563 and rising token correlation amid no fresh ETF demand.
Bitcoin fell toward $62,000 as a second day of selloffs in semiconductor stocks dragged risk assets lower. The leading cryptocurrency is down 5% for the week, with ether and memecoins experiencing steeper declines.
Over $170 million in Ether long positions were liquidated as the crypto market declined, with ETH price under pressure from Bitcoin's struggle to hold $62,000. The liquidation wave raises concerns about further downside for ETH, though market sentiment remains uncertain.
Long-term Bitcoin holder selling has hit a 19-month low, while a halving cycle model suggests September could mark the next market bottom.
Bull Bitcoin has obtained a MiCA license in France, allowing it to operate as a regulated crypto service provider while maintaining full self-custody and privacy features. The license was achieved through self-financing over three years, with successful PASSI and DORA cybersecurity audits.
H100 shareholders approved a deal to acquire two Norwegian bitcoin treasury firms, increasing the company's bitcoin holdings to 3,500 BTC. This would make H100 Europe's second-largest listed bitcoin treasury.
BNY Mellon reports that asset managers are increasingly exploring tokenized funds, driven by fear of missing out on early adoption in blockchain-based finance.
Cboe is considering converting its Bitcoin and Ether continuous futures into perpetual futures, according to a report. The move comes amid US regulatory shifts and increased competition from Coinbase and Kalshi in the perpetual futures market.
Bitcoin fell to a two-week low near $62,000 as tech stocks declined amid risk-off sentiment driven by a hawkish Federal Reserve stance.
Bitcoin remains volatile near $62K as bulls defend local lows, with markets eyeing Micron's earnings report and Asian losses for potential volatility triggers.
Deutsche Bank attributes Bitcoin's drop below $60,000 to a hawkish Fed, ETF outflows, and capital shifting to AI.
Nakamoto Inc. has closed its last healthcare clinic, completing its transition to a pure-play Bitcoin company. The firm has ended all remaining ties to its healthcare business.
SpaceX's $600 billion valuation drop is impacting tech markets, putting Bitcoin's $60,000 support level at risk. Traders are preparing for a potential deeper BTC selloff as the slump worsens.
Bitcoin Suisse has obtained a MiCAR license in Liechtenstein, allowing it to offer regulated crypto financial services across the European Union under a single framework. This marks the start of its European expansion.
Bitcoin is currently approaching its 200-week moving average, and on-chain data indicates that it may need to drop by 15% or more to establish a market bottom. The $50,000 to $54,000 range is highlighted as a potential critical support level.
Tanya Denisova, previously the COO of Robinhood Crypto, has been appointed as the head of operations at Agora, a stablecoin issuer. She will be responsible for managing operations as Agora expands its AUSD stablecoin business.
An analyst from Benchmark, Mark Palmer, argues that the recent decline of Strategy's STRC token is being incorrectly compared to Terra's situation. He clarifies that STRC functions as a dividend-paying share linked to Bitcoin, rather than a stablecoin at risk of devaluation.
Franklin Templeton has completed the acquisition of 250 Digital and announced the establishment of a new division focused on cryptocurrency investments. The financial terms of the deal were not disclosed.
Fomo has successfully raised $75 million, indicating that major venture capitalists continue to invest in consumer-focused cryptocurrency projects. Meanwhile, the broader crypto market is experiencing a sell-off, influenced by declines in the tech sector. Additionally, prominent Ethereum stakeholders are collaborating to support research and development through ETHLabs.
As a $10 billion options settlement approaches, analysts suggest that Bitcoin's volatility appears relatively inexpensive. This situation may influence trading strategies and market dynamics leading up to the settlement date.
AI-assisted summaries from trusted public sources, linked to the original publisher. Nothing here is financial advice. Risk disclosure.