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A single whale bought 1,656 BTC worth about $98.9 million almost exactly at this month’s local bottom, then booked roughly $3.5 million in paper profit within two days as bitcoin rebounded. Buying the Exact Bottom The purchase landed as bitcoin carved out its weakest level of 2026, touching an intraday low near $59,100 on June … Read more
A sudden bitcoin rebound torched roughly $320 million worth of short positions across the crypto market in just 15 minutes, as bearish traders were caught offside by a fast reversal off the year’s lows. A 15-Minute Short Squeeze A little over $320,000,000 in shorts were liquidated from the crypto market in a single 15-minute window … Read more
Bitcoin climbed roughly 5% to around $64,000 on Sunday after U.S. President Donald Trump said Israeli Prime Minister Benjamin Netanyahu will have “no choice” but to accept a U.S.-brokered deal with Iran. Trump Says the Deal Is ‘Almost Complete’ The rally followed remarks in which Trump framed the agreement as a near-certainty and signaled he … Read more
While bitcoin trades more than 50% beneath its all-time peak above $126,000 recorded last October, gold proponent Peter Schiff remains convinced the asset has considerably further to fall. This weekend, Schiff conducted a poll asking: “How low does bitcoin’s price have to fall before you bitcoiners concede that I’ve been right all along?” Among the … Read more
Bitcoin ( BTC) is trading at $61,822 on June 7, 2026, at 8:35 a.m. EDT, caught between a deeply oversold momentum reading on shorter timeframes and relentless selling pressure from moving averages across the daily chart. The technical picture this weekend is mixed but carries a clear bearish lean, with the $63,000 level standing as … Read more
Bitcoin’s sharp decline is fueling debate over whether investors are selling liquid crypto positions to chase the Spacex IPO and emerging AI opportunities. The theory points to liquidity pressure, ETF outflows, and Strategy’s small BTC sale as contributing factors. Bitcoin Bleeds as Spacex IPO and AI Demand Spark Capital Rotation Debate Bitcoin’s steep weekly drop … Read more
Bitcoin is testing a critical support area as investors assess whether the $60,000 level can hold. A strategist said a break lower could bring $55,000 into focus, while maintaining support could help preserve the case for a $100,000 year-end target. Why Bitcoin’s Key Support Zone Could Define the Next Market Move Bitcoin could revisit $55,000 … Read more
As bitcoin slipped to a 2026 low of $59,100, market data reveals that BTC priced against the South Korean won has been changing hands at a discount. In fact, the Kimchi premium has vanished, and bitcoin has been trading below global market prices in South Korea for nearly a month. Nearly a Month of Discounts … Read more
Bitcoin clawed its way back from a sharp weekend sell-off after bears briefly dragged the price to $59,100, triggering a volatile 24-hour swing before buyers reclaimed ground and lifted the asset above $61,600. As of 8 a.m. EDT on June 6, 2026, over the last hour, bitcoin is changing hands between $60,800 to $61,000 on … Read more
Bitcoin fell to its lowest price of 2026 on Friday, touching $59,100 intraday as over 351,000 traders were liquidated across crypto markets in a single 24-hour window. Bitcoin Falls 19% in 7 Days and Touches $59,100 The move extended a sharp selloff that has taken bitcoin down 19.3% in seven days, 22.2% in the past … Read more