The crypto market is down 8% today. BTC dropped 9.1% to $64,744, and ETH fell 1.7% to $2,281. “Bitcoin breaching the 2021 ATH of $69,000 is significant, but it doesn’t rule out further short-term downside.”
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Category: Bitcoin
Bitcoin Miner MARA Moves 1,318 BTC in 10 Hours, Traders Wary of Forced Miner Selling
MARA Holdings has moved $86.9 million in Bitcoin in 10 hours to wallets tied to Two Prime BitGo, and a fresh address.
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‘Big Short’ Investor Michael Burry Flags Bitcoin Chart Pattern Implying Drop to Low $50,000s
‘Big Short’ investor Michael Burry compares the current Bitcoin crash to the 2021–22 bear market, implying a potential slide to the low $50,000s — but analysts question whether the pattern holds in today’s ETF-driven market.
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JPMorgan Says Family Offices Are Dumping Crypto for AI Bets
JPMorgan’s 2026 Global Family Office Report found 89% of surveyed offices carry zero crypto exposure while 65% prioritize AI investments, though a parallel wave of institutional crypto entries from Hong Kong and Asian family offices signals a widening divide in how the wealthiest capital pools are approaching digital assets.
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US Liquidity Crisis Sparked $250B Crash, Not a ‘Broken’ Crypto Market: Analyst
Raoul Pal says the $250B crypto crash was driven by U.S. liquidity pressures from Treasury cash flows, reverse repo depletion, and a gold rally, with Bitcoin mirroring SaaS stocks, not failing fundamentals.
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Bitcoin Hashrate Falls 12% After US Winter Storms Hit Miners
Bitcoin mining activity has suffered its sharpest setback in four years after severe winter storms forced large operators to scale back production.
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Bitcoin’s 7% Drop to $77K May Mark Cycle Low, Analyst Says
Bitcoin may have found a floor after sliding roughly 7% to $77,000 over the weekend, according to analyst PlanC, who argues the move could mark a pullback.
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Silver Plunges Record 36% as Precious Metals Suffer Historic Collapse – Bitcoin About to Rally?
Precious metals experienced catastrophic losses as silver recorded its largest intraday drop in history at 36% and gold plunged over 12%, wiping out $15 trillion in market value following Trump’s nomination of Kevin Warsh as Federal Reserve chair, while Bitcoin fell to a nine-month low of $82,000 amid accelerating ETF outflows.
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Bitcoin’s Historical Bottom Indicator Points to $62K – Could BTC Fall That Low?
Bitcoin approaches a critical $62,000 support level tied to Binance’s reserve cost indicator that hasn’t been tested since spot ETF approval, as on-chain metrics and technical crossovers suggest potential bear market structure forming.
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Asia Market Open: Bitcoin Grinds Higher to $89K, Asia Opens Uneven as Gold Marks New Record
Bitcoin edged toward $89,000 in Asia, but thin ETF inflows and lighter derivatives positioning kept traders cautious ahead of US earnings.
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