Bitcoin | Crypto

Bitcoin brought back the trend line that functioned as resistance in the 2022 bear market, with BTC price RSI approaching its lowest in six years. Bitcoin (BTC) has tagged a key bear-market trend line with its drop to four-month lows, with a “decent chance” of a rebound next. Key points: Read more

Many traders expect Bitcoin to stage a short-term relief bounce toward $70,000, but the broader technical setup remains bearish for BTC. Bitcoin’s (BTC) brief plunge toward the $60,000 area triggered more than $600 million in long liquidations, raising doubts over whether the latest rebound marks a real bottom or only a relief bounce after a leverage flush. BTC fell to roughly $61,300 on Thursday before recovering 5.52% to around $64,690, with the rebound coinciding with reports that Israel and Lebanon had agreed to implement a ceasefire. BTC/USD four-hour chart. Source: TradingView Read more

Bitcoin rebounded to $64,000 after a sharp selloff, with the move reflecting a typical bounce from oversold conditions rather than a confirmed trend reversal.

Scott Bessent said that the Treasury Department was “proceeding with all deliberate speed” on Donald Trump’s 2025 executive order to establish a strategic Bitcoin reserve and digital asset stockpile. US Treasury Secretary Scott Bessent told Senate lawmakers that his department is pushing to establish a strategic Bitcoin reserve and digital asset stockpile more than a year after it was called for in an executive order from President Donald Trump. Speaking at a Senate Finance Committee hearing on Trump’s fiscal year 2027 budget for Treasury on Wednesday, Bessent said that the department was “proceeding with all deliberate speed” on the president’s 2025 order to establish Bitcoin and digital asset reserves. Although the reserve has been filled with crypto seized by the government, Treasury officials had no additional acquisition plans as of March. “We are moving forward very quickly on that, and part of that is our digital assets initiative, the strategic Bitcoin reserve is something, this is new technology, thi...

Bitcoin traders warned of a key BTC price support trend line failing as 2022 bear market history continued to repeat. Bitcoin (BTC) hovered near two-month lows on Wednesday as 2022 bear-market comparisons returned. Key points: Read more

Bitcoin is back at a crossroads it has navigated multiple times in prior cycles, and this may be where the real test begins in this cycle. After weeks of trying to turn the low-$80,000s into a new recovery zone, BTC has returned to the $66,900-$68,000 area, the same band I have used through several recent […] The post Bitcoin returns to the price that capped 2021, defined 2024, and now tests the rally again appeared first on CryptoSlate.

Strange New Chinese AI ‘KIMI’ Predicts the Price of Bitcoin by the End of 2026 The post Strange New Chinese AI ‘KIMI’ Predicts the Price of Bitcoin by the End of 2026 appeared first on Cryptonews.

Bitcoin sparked two-month lows in the Crypto Fear & Greed Index while analysis predicted a "catch-up" with record highs in stocks. Bitcoin (BTC) is due a “relief bounce” next as crypto market sentiment hits two-month lows. Key points: Read more

Bitcoin’s aggressive break below $70,000 has shifted the market from a debate over dip-buying to a more defensive question of how far traders now need to insure against the next leg lower. Data from CryptoSlate showed that the largest cryptocurrency fell to as low as $65,404 over the past day, triggering $1.8 billion in liquidations […] The post Bitcoin’s plunge to $65,000 has traders paying to protect against a fall to $50,000 appeared first on CryptoSlate.

Why Is Crypto Going Down? Iran Strikes Hormuz, $450M Flush The post Why is Crypto Going Down? Iran Just Bombed Kuwait’s Airport and Struck the Strait of Hormuz, Bitcoin Is Crashing Toward Critical Support appeared first on Cryptonews.

Bitcoin saw its largest daily drop since early February on Tuesday as the cryptocurrency shed more than $4,500 in a single day. Bitcoin prices have dropped 7% on the day, breaking key support to a nine-week low after the US and Iran launched fresh strikes as talks over a possible ceasefire have stalled.  Bitcoin (BTC) fell to $65,385 on Coinbase in early trading on Wednesday, its lowest level since late March, according to TradingView. The slump follows the largest daily fall since Feb. 5 as BTC shed more than $4,500 on Tuesday.  Read more

Ala Shaabana explains how using Bitcoin network’s coordinate-and-reward playbook can bust open corporate monopolies on AI.

A sovereign default-risk model estimates Bitcoin’s fair value at $224,000, as rising debt risks and bond-market stress could strengthen the asset’s long-term investment case. New reporting from Bitwise suggests that Bitcoin's (BTC) undervaluation could expand if investors' concerns over sovereign debt deepen. The asset management firm said that mounting pressure in global bond markets and rising government debt levels could strengthen Bitcoin's role as a hedge against macroeconomic risks, with one valuation model suggesting a theoretical fair value of $224,000.  Bitwise pointed to mounting pressure across the global bond markets. The Organization for Economic Co-operation and Development (OECD) estimates governments and companies will need to borrow roughly $29 trillion in 2026, up 17% from 2024 and nearly double the amount raised a decade ago. Around 78% of OECD government borrowing is expected to be used solely to refinance existing debt. Read more

Bitcoin price bets saw $50,000 returning after 6% daily BTC price losses liquidated $1.25 billion of crypto positions. Bitcoin (BTC) losses passed 6% after Wednesday’s Wall Street open as a cascade of liquidations gathered pace. Key points: Read more

Today's sudden Bitcoin slide under $68,000 forced a rapid unwind across crypto derivatives markets, erasing nearly $400 million in leveraged positions in one hour as traders who had bet on further gains were caught by the move. Data from CryptoSlate shows that Bitcoin fell more than 5%, dropping from $71,765 to $67,895, its lowest level since […] The post Bitcoin flash crash below $68,000 triggers around $400 million in liquidation in under an hour appeared first on CryptoSlate.

Capital B is asking shareholders to approve up to $122 billion in capital-raising authority to accelerate its Bitcoin treasury strategy. France-listed Bitcoin treasury company Capital B is asking shareholders to approve a massive new delegation of fresh capital-raising instruments, seeking authority to issue new equity and credit instruments to accelerate Bitcoin acquisitions. Capital B submitted a new proposal to the board of directors seeking to allow the establishment of up to 5 billion euros ($5.8 billion) in capital increase through 125 billion shares at current nominal value and $116 billion in credit instruments, said Alexandre Laizet, the board director of Bitcoin Strategy at Capital B, in a Monday X post. Shareholders can cast their votes online until the company's combined general meeting on June 17.  Read more

At 10 a.m. ET on Tuesday, the Bureau of Labor Statistics releases its Job Openings and Labor Turnover Survey for April, and a market that spent years branding Bitcoin as an escape hatch from central banks now hangs on whatever the numbers imply about the Federal Reserve's next move. This is due to a long […] The post Bitcoin faces first jobs-week test as US job openings data arrives before Friday payrolls appeared first on CryptoSlate.

From a 2011 peak near $1,900, gold spent years carving a deep base, retested resistance around $2,100 in 2020, consolidated again through 2022, then broke decisively higher to reach $3,300 by early 2025 and a record above $5,400 in January 2026. According to analyst and Real Vision affiliate James Easton, Bitcoin's weekly chart is now […] The post Bitcoin’s $300K gold pattern now depends on whether Iran’s oil shock rewrites the Fed path appeared first on CryptoSlate.

Bitcoin slips below $70,000 as rising losses, exchange inflows and extreme fear signal a renewed distribution phase. Bitcoin (BTC) sellers took control during the European trading session on Tuesday as the BTC/USD pair slipped below the $70,000 mark for the first time since April. Analysts said that Bitcoin has entered another distribution phase due to high selling pressure and investors realizing losses. Key takeaways: Read more

CME Group's cryptocurrency futures and options have been trading continuously since 4:00 p.m. CT on May 29, making this the first full trading week without the classic weekend CME gap. Over the inaugural 48 hours, over 7,200 contracts changed hands, representing roughly $50 million in notional value, enough to confirm that institutional demand for weekend […] The post Bitcoin starts its first gapless CME week as the market searches for a new signal appeared first on CryptoSlate.