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Bitcoin (BTC) selloff may not be over, according to analyst CryptoCon, who believes the cryptocurrency could fall as low as $28,500 before reaching its next cycle bottom. Bitcoin Bear Targets The forecast comes after Bitcoin briefly slipped below $60,000 on Jun. 5 for the first time since 2024, as r

Professional investors cut their Bitcoin (BTC) holdings by roughly 52,500 coins in the first quarter, the sharpest drop since U.S. spot exchange-traded funds began trading. Key Points: Professional investors trimmed Bitcoin holdings 17% in the first quarter, the biggest decline since spot ETFs launc

Michael Saylor called on Bitcoin (BTC)'s four ideological camps to unite Friday, as his firm's paper losses topped $11 billion with the token near $61,000. Key Points: Saylor mapped four Bitcoin camps: maximalists, capitalists, technologists, and fundamentalists. He pressed the groups to unite, call

Michael Saylor said capital fleeing into the artificial intelligence boom, not weakness in Bitcoin (BTC), drove the asset's slide toward $61,000 this week. Key Points: Saylor framed Bitcoin's drop as a capital rotation into AI, rejecting claims that Strategy's selling caused it. Spot Bitcoin ETFs ha

Bitcoin (BTC) extended its slide below $62,000 this week, sinking to a low near $61,255 as relentless selling pressure dragged the market toward deeper support. Key Points: Bitcoin fell under $62,000, its weakest level since February. The price trades below $64,000 and the 100 hourly moving average.