Bitcoin | Crypto

Bitcoin’s crash to $58,000 confirmed a bear flag breakdown, setting a new price target of $54,000 or lower. Bitcoin (BTC) dropped below $60,000, a key psychological support, on Thursday as losses in megacap technology stocks weighed on investors' broader risk appetite, adding pressure to an already fragile crypto market. BTC/USD vs. Nasdaq and S&P 500 daily performance chart. Source: TradingView Read more

Bitcoin’s prolonged decline is forcing cryptocurrency companies to cut staff, automate more work, and abandon the expansion plans that defined the last bull market. At the same time, it is also creating one of the industry’s busiest periods for takeovers. Crypto mergers and acquisitions reached $7.23 billion during the second quarter of 2026, up from […] The post Bitcoin’s bear market struggle is killing crypto jobs but fueling a $10 billion Wall Street-backed M&A boom appeared first on CryptoSlate.

Bitcoin touched its lowest price in 21 months early Thursday—and prediction market users don't see the crypto carnage ceasing imminently.

Bitcoin fell to 21-month lows as stock market volatility accompanied three-year highs in US PCE inflation, leading to $600 million in hourly crypto liquidations. Bitcoin (BTC) hit new 21-month lows at Thursday’s Wall Street open as high US inflation unsettled stock markets. Key points: Bitcoin returns to its lowest level since September 2024, dropping to $58,000. Read more

Bitcoin fell to 21-month lows as stock market volatility accompanied three-year highs in US PCE inflation, leading to $600 million in hourly crypto liquidations. Bitcoin (BTC) hit new 21-month lows at Thursday’s Wall Street open as high US inflation unsettled stock markets. Key points: Read more

Sticky inflation, firmer activity data, and lower claims left buyers without the rate-cut cover they needed. The post Bitcoin’s $60K rebound just collapsed as $427M in long liquidations followed sticky inflation data appeared first on CryptoSlate.

Bitcoin price fell below $60,000 this week and touched its lowest level since October 2024 as traders abandoned expectations for interest-rate cuts and began preparing for the Federal Reserve to raise borrowing costs later this year. According to CryptoSlate's data, the largest digital asset dropped more than 4% in the last 24 hours to as […] The post Bitcoin crash below $60,000 triggers $1 billion loss as markets now price Fed rate hike by October appeared first on CryptoSlate.

The MOU points to mined-BTC revenue, but the real test is power cost, uptime, and coin retention. The post Bitplanet’s Antalpha mining deal tests whether Bitcoin treasuries can grow without constant buying appeared first on CryptoSlate.

Bitcoin drops toward new 2026 lows as spot BTC ETF outflows and slowing accumulation from Strategy weigh on market sentiment. Key takeaways: Cooling oil prices and a multi-month high for the US dollar are keeping intense pressure on non yield-bearing assets. Spot Bitcoin ETF outflows paired with Strategy's slowest buying pace in 18 months signal short-term downside risks. Read more

Bitcoin usage is surging despite weak prices, as Ordinals and Runes drive network activity while ETF outflows pressure BTC lower.

Bitcoin price dropped below $60,000 for the first time in weeks, but data shows traders betting on a relief bounce. Bitcoin (BTC) hit new two-week lows at Wednesday’s Wall Street open as traders predicted a rally to a "poor" lower high. Key points: Bitcoin price action edges closer to range lows, which traders still see holding. Read more

Bitcoin’s sustained price correction is deepening as demand from US investors weakens, leaving the world’s largest cryptocurrency increasingly exposed to leveraged positions clustered below $60,000. According to CryptoSlate's data, the top crypto traded at $59,800 at press time, down 16% this month. This decline has brought the asset closer to price levels where forced liquidations […] The post America’s Bitcoin buying turns negative as BTC drifts closer to the $57,300 liquidation trap appeared first on CryptoSlate.

A $525 million Bitcoin buy wall intersects with a major liquidation zone, creating a key battleground between $60,500 and $65,000. Bitcoin (BTC) has fallen 3% over the past 24 hours, trading into a dense buy-side liquidity zone after slipping below $61,000. More than $525 million in buy bids initially stacked between $60,500 and $61,500 created a key area of demand as liquidation risk builds on both sides of the market. BTC's orderbook data shows concentrated liquidity pockets below $60,500 and near $65,000, placing liquidity flows at the center of Bitcoin's short-term price action. Bitcoin momentum weakens below $63,000 Read more

Arthur Hayes outlined a path to $1 million Bitcoin price built around AI absorbing liquidity, the buildout collapsing under debt, authorities printing, and capital rotating into crypto. Hayes made the argument on Bankless, saying that AI became the dominant capital sink, and his Substack essay noted that roughly $1.5 trillion in AI-related debt was issued […] The post Arthur Hayes says AI rescue liquidity could send Bitcoin price to $1,000,000 appeared first on CryptoSlate.

Bitcoin held above $62,500 and ether near $1,665, but sluggish price action and widening put skews signal bears remain firmly in control.

A surge in Rune protocol activity is pushing Bitcoin transaction counts and fee generation to multi year highs.

Bitcoin research said that BTC price action remained in tune with previous cycles as the bear market produces a 20% discount to its four-year "adoption structure" trend line. Bitcoin (BTC) is “compressed” at low levels but its classic cycles remain intact, say new research. Key points: Bitcoin is acting similar to prior cycles as it circles a key four-year trend line. Read more

Bitcoin "OGs" have slashed their selling activity to the lowest levels in nearly two years.

The Swedish health-tech company moved closer to becoming one of Europe's largest publicly traded Bitcoin treasury firms after shareholders approved a key condition for its planned acquisition of two Norwegian investment companies. Shareholders of Sweden's H100 approved the issuance of shares needed to complete the company's acquisition of Moonshot AS and Never Say Die AS, clearing a key condition for a transaction that would increase its Bitcoin holdings from 1,051 BTC to approximately 3,500 BTC. The approval allows H100, a Nordic SME-listed health technology company, to acquire the two Norwegian investment firms, which collectively hold about 2,450 Bitcoin, in exchange for newly issued H100 shares. Under terms announced in March, the owners of Moonshot and Never Say Die would become majority shareholders of H100, owning roughly 70% of the combined company following the transaction. Source: H100Group Read more

A renewed rout in semiconductor stocks pulled risk assets lower again, and crypto kept sliding. Bitcoin is down 5% on the week, with ether and the memecoins falling harder.