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This post was originally published on June 02 Bitcoin, which has struggled amid a surprise BlackRock sell-off, has dropped under the closely-watched $70,000 per bitcoin level. Sign up now for CryptoCodex—A free crypto newsletter that will get you ahead of the market The bitcoin price collapse,
Amidst the crypto market crash, Standard Chartered sent a note to its client on June 4 in which the bank’s global head of digital assets research Geoffrey Kendrick doubled down on his bullish Bitcoin prediction for the end of 2026.
DWF Labs warns MicroStrategy and BitMine could trigger the biggest crypto crash ever, with Bitcoin possibly hitting $10,000.
Bitcoin plunged over 15% in a week, erasing post‑election gains and hitting younger crypto investors hardest.
Bitcoin fell back below $60,000 on June 5, deepening a sell-off that picked up pace after a surprise disclosure from Strategy about a partial sale of its Bitcoin holdings earlier
“Bitcoin price action could turn into a bloodbath quickly,” one widely-followed crypto analyst posted to X, pointing to technical chart analysis that showed the “last time bitcoin got rejected from the topside of this bear flag, it dumped nearly 40% in 23 days.”
Mati Greenspan, Michael Saylor and Jameson Lopp blamed the AI boom for draining capital from bitcoin. Meanwhile, Jack Mallers refrained from sharing an outlook but recommended buying the dip.
Bitcoin has fallen 50 percent from its October peak amid institutional pressures and a rally in traditional assets.
Explore the recent Bitcoin price crash that saw BTC fall below $66,000. Learn about the contributing factors, including significant ETF outflows and market reactions, as explained by Citigroup analysts.
Jim Cramer has been closely following the latest Bitcoin crash.
BTC has pulled back from overnight highs as escalating geopolitical tensions weigh over risk sentiment and send oil price higher.