Bitcoin Falls Below $71,000 as Tech Selloff Deepens
Bitcoin fell below $71,000 during Asian trading as a global selloff in technology stocks intensified risk aversion across markets.
#bitcoin Page 24
Cryptocurrency news, market insight, company coverage, and practical guides related to bitcoin.
Related Posts
Bhutan Makes Second Bitcoin Transfer in One Week as Reserves Decline
Bhutan transferred another $22 million in Bitcoin to a market maker as declining prices and rising mining costs pressure its state-backed crypto strategy.
Coinbase Premium Falls to Yearly Low as Institutional Selling Pressure Builds
The Coinbase Premium has dropped to its lowest level since late 2024, signaling weakening institutional demand for Bitcoin amid broader market stress and ETF outflows.
GameStop Signals Shift Away from Bitcoin as M&A Takes Priority
GameStop moved its entire Bitcoin position to an institutional exchange as CEO Ryan Cohen signaled that acquisitions now outweigh crypto on the company’s balance sheet.
UAE Acquires Stake in Trump-Linked WLFI Stablecoin Firm
Sheikh Tahnoon’s investment in World Liberty Financial ties the USD1 stablecoin to a $2 billion Binance deal, raising scrutiny amid US AI export policy shifts.
Bitcoin Hits Nine-Month Low amid Broad Market Sell-Off
Bitcoin fell to its lowest level since April 2025 as a cross-asset sell-off impacted cryptocurrencies, commodities, and equities, signaling heightened risk-off sentiment.
Strategy Adds $75 Million in Bitcoin on Price Dip
Michael Saylor’s Strategy bought $75.3 million worth of Bitcoin as prices briefly fell below $75,000, marking a rare dip under its average cost basis.
Warsh Fed Nomination Sends Mixed Signals for Bitcoin
Kevin Warsh’s nomination as Federal Reserve chair has raised concerns over U.S. liquidity, offering conflicting signals for Bitcoin and broader crypto markets.
Binance Begins SAFU Bitcoin Shift with $100M Purchase
Binance has executed its first Bitcoin purchase under a plan to convert its $1 billion SAFU user protection fund from stablecoins into BTC.
Bitcoin Slips Out of Top 10 Global Assets by Market Value
Bitcoin fell out of the top ten global assets by market capitalization following a price decline, placing it below Saudi Aramco and several large technology firms.
Trump Set to Nominate Kevin Warsh as Fed Chair
President Trump is expected to nominate former Fed governor Kevin Warsh as the next Federal Reserve chair, according to multiple media reports.
Altcoins Slide to 2024 Lows as Bitcoin Extends Selloff
Major altcoins including Dogecoin, XRP, and Cardano fell to their lowest levels since 2024 as bitcoin’s decline intensified broader market losses.
Strive Buys 334 Bitcoin, Cuts Debt after Semler Deal
Strive added 334 Bitcoin to its balance sheet and retired most of the debt inherited from its Semler Scientific acquisition, strengthening its treasury position.
Sygnum Raises 750 BTC for Market-Neutral Bitcoin Fund
Swiss crypto bank Sygnum has raised more than 750 Bitcoin for its market-neutral BTC Alpha Fund as institutional investors seek yield-oriented crypto strategies.
Rising Oil Prices Add New Macro Pressure on Bitcoin
A sharp rebound in oil prices is introducing new inflation risks, potentially complicating expectations for near-term rate cuts and adding headwinds for Bitcoin.