BTC falls to two-week lows but traders expect a 15% relief rally toward $70,000 amid range-bound expectations. Bitcoin dropped below $60,000 for the first time since June 10, hitting two-week lows as traders brace for a potential rebound. The decline follows rising short i
Bitcoin’s four-year market cycle remains unbroken despite recent declines, though drawdowns are less severe than past cycles. Bitcoin’s four-year market cycle has not yet ended despite trading below $60,000, according to a recent analysis. The cryptocurrency fell 52% from
Crypto asset manager 21Shares abandons prediction of Bitcoin escaping its four-year cycle after BTC drops 52% from record highs. Bitcoin slipped below $60,000 for the second time this month, trading at $59,781 after retreating 52% from its all-time high of $126,080. The de
Bitcoin Magazine (Twitter/X) WATCH — Sen. Lummis: America's Debt is the BTC Bull Thesis, & Why Clarity is Key to US Financial Dominance America's $39T national debt is the strongest bull case yet for a strategic Bitcoin reserve—a buy-and-hold Louisiana Purchase moment for
Bank of England sets rules for stablecoins, limiting issuance to £40 billion and capping interest-bearing assets at 70%. The Bank of England released proposed stablecoin regulations, establishing a framework for digital currencies pegged to assets like the British pound or
BTC tests key support levels after falling through $61K, activating $270 million in bids as traders watch $60,500. Bitcoin fell below $63,000, consolidating after losing key support levels and triggering $270 million in buy orders near $61,000. The drop followed a rejectio
Investors pulled $6.4 billion from U.S. bitcoin ETFs over the past month, the largest 30-day withdrawal on record. U.S. bitcoin ETFs experienced $6.4 billion in outflows over the last 30 days, setting a new record for the largest monthly withdrawal. The pullback reflects a
A prominent crypto trader argues Bitcoin could rally sharply if an AI-driven credit bubble unwinds, drawing parallels to the 2008 financial crisis. Veteran trader Arthur Hayes predicts Bitcoin could reach $1 million if an artificial intelligence credit bubble bursts. He ar
ETH falls 7% over the past week amid $82 million in ETF withdrawals, signaling sustained investor caution. Ethereum (ETH) traded at $1,670 in early June 24 sessions, down nearly 2% over 24 hours and 7% for the week. The decline follows four consecutive days of ETF outflows
South Korea seeks U.S. regulatory alignment on digital assets following recent scandals and a $4.8 million tax agency wallet breach. U.S. SEC officials met with South Korean regulators and industry leaders Tuesday to discuss unified crypto regulations, including stablecoin
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