Bitcoin and Ether fell to new lows for 2026 following a broad selloff in tech stocks driven by concerns over AI industry costs and speculative profits. This tech weakness spilled over into crypto markets, with significant ETF outflows exceeding $7 billion in two months and fears about Strategy's $16 billion unrealized Bitcoin losses adding pressure. Inflation data showing a 4.1% rise in PCE inflation has raised expectations of a possible Fed rate hike in July, further dampening risk appetite. Market watchers are closely watching whether ETF outflows slow, the US-Iran peace deal holds, and how Strategy will handle its Bitcoin holdings amid these challenges.
El Salvador has increased its Bitcoin holdings by purchasing an additional 8 BTC, bringing its total official treasury to 7,696.37 BTC. This steady accumulation continues despite recent legal reforms that removed the requirement for businesses to acc...
Bitcoin advocate Samson Mow declared the recent bearish trend over, citing a strong $58,000 limit order wall that absorbed selling pressure and set a local bottom. He argued that Bitcoin's cycle has accelerated, with the all-time high reached 37 days...
Bitcoin's market dominance increased to 58.19% amid a decline in overall crypto trading volumes and weaker altcoin performance, reflecting growing investor caution. Major altcoins like XRP, BNB, and Solana saw price drops, while trading volumes acros...
Bitcoin is experiencing a critical phase where short-term holders are selling at losses due to market stress and unfavorable U.S. economic conditions, while long-term investors are buying aggressively. This capitulation by new investors and instituti...
Galaxy Digital CEO Mike Novogratz attributes the recent Bitcoin price crash to a crisis of confidence triggered by significant unrealized losses at MicroStrategy and a shift in macroeconomic policies, particularly the Federal Reserve's hawkish stance...
