The Bhutan government has reportedly sold over $67 million worth of Bitcoin in multiple transactions, coinciding with bearish market predictions that Bitcoin's price could fall to around $48,000. Blockchain data shows significant BTC transfers from Bhutan-linked wallets totaling approximately 1,095 BTC. Analysts warn that if Bitcoin breaks below the $60,000 support level, it could decline further to $55,000 or even below $50,000. Despite these sales, Bhutan officials have denied any BTC sales previously. This activity reflects growing volatility and uncertainty in the crypto market amid global economic concerns.
The total cryptocurrency market cap has fallen to about $2.2 trillion, driven by a $3.8 billion outflow from Bitcoin since May. Experts say this decline reflects capital rotation, with investors moving funds from Bitcoin to emerging popular assets li...
The US government's Strategic Bitcoin Reserve, holding about 328,000 BTC, has lost nearly $20 billion in value since October 2025 due to a sharp decline in Bitcoin's price from its peak of around $124,000. Despite the value drop, the government has n...
Bitcoin's price dropped below $60,000, wiping out gains made after Donald Trump's 2024 reelection. The cryptocurrency has fallen from a peak of over $126,000 in October 2025 due to risk-off selling and increased regulatory worries in the U.S. Market ...
Bitcoin has seen a sharp nearly 20% correction in early June, pushing market sentiment into extreme fear and raising the odds of a drop below $50,000 in 2026 to 65%. This decline is driven by forced selling and liquidations, with nearly $500 million ...
Cryptocurrency markets exhibit mixed price changes, with Bitcoin trading slightly down at $60,782 and Ethereum falling over 2%. Some altcoins like Stellar (XLM) and Zcash (ZEC) show strong gains of 11.5% and 7.8%, respectively, indicating selective i...
