The cryptocurrency world is in a slump, with big coins losing huge amounts of value. Bitcoin, the most famous digital coin, has slipped 25 % in a month and now trades near $60, 000 after a brief rebound. Its price is more than half of the peak it reached last October, cutting the entire market cap f
XRP slid 7% last Friday, ending the week with a 17 percent fall that brought it back to the $1‑$1. 20 support zone that helped it rebound in February. The price is now stuck in a capitulation phase, with the relative strength index (RSI) sitting at 18. 79 – the lowest in two years and below previ
A sharp fall of Bitcoin to around $60, 000 has left MicroStrategy’s (MSTR) big Bitcoin stash, worth more than $10 billion in unrealized losses, in a difficult position. The company’s average cost for the coins is close to $75, 700, so a drop in price means huge paper losses. MSTR shares are trading
This week, cryptocurrency markets hit a rough patch, with Bitcoin and Ethereum dropping sharply—something not seen since mid-2024. Bitcoin fell nearly 15%, while Ethereum lost over 17%, marking one of the worst weekly performances in years. Trading activity also slowed to its lowest point since late
Bitcoin just had its worst week in June, losing over 15 percent of its value and wiping out months of gains. The crash brings the price back to where it was before the last election, even though it had hit a record high late last year. Other major cryptocurrencies like Ethereum and XRP followed the
When Michael Saylor announced he was selling Bitcoin, the market reacted quickly. His own company’s move triggered a daily decline in the price. At one point Bitcoin traded near $64, 000. That was 30% lower than the start of the year and about half its record high in October. Analysts say the sale
Bitcoin may still be falling. A seasoned trader thinks the coin could hit $60, 000 again before it starts to rise. He said Bitcoin looks like a bear flag after a sharp drop, and the market is nervous about liquidations. The price slipped into the $60, 000 area and traders fear more selling. The nex
JPMorgan Chase analysts warn that the CLARITY Act, a bill meant to shape the crypto market, might stall before it even takes effect, especially with the U. S. midterm elections on the horizon. The team led by Nikolaos Panigirtzoglou previously thought the bill could lift digital asset prices in la
A sharp crash hit crypto markets overnight, wiping out billions in value. Bitcoin sank to $62, 600—a 6% drop—while Ethereum fell to $1, 750. Smaller coins like Solana and Hyperliquid took even bigger hits, losing around 9%. Even the recent winners weren’t safe. Zcash lost 12%, Near lost 18%, and ano
Bitcoin fell below $62, 000 early Thursday, sparking a rush of forced sales that wiped out more than $1. 5 billion in high‑risk crypto positions over the last day. The sell‑off left roughly 208, 000 traders on the market with liquidated accounts, according to CoinGlass data. Bitcoin alone accounte
