Bitcoin’s slide toward $68,000 on Tuesday reflected a sharp risk-off reset as exchange-traded fund (ETF) redemptions, Strategy’s rare bitcoin sale, and a heavy derivatives flush hit traders at the same time. Market data placed bitcoin’s low at $67,521 on Bitstamp’s one-hour chart as of June 2, with the asset falling from the roughly $73,900 area […]
Mt. Gox moved 10,306 BTC (~$739M) from cold wallets for the first time in over two months. The transfer sparked speculation that creditor repayments may soon begin, potentially pressuring Bitcoin prices. Mt. Gox still holds 34,504 BTC worth ~$2.41B across its wallets. Cryptocurrency exchange Mt. Gox just made a huge on-chain transfer of digital assets. […]
The post Mt. Gox’s $739M Bitcoin Transfer Sparks Fresh Market Questions appeared first on Live Bitcoin News.
Market volatility boosts interest in simplified AI compute platforms like SHRMiner as traders seek alternative exposure. Bitcoin’s recent pullback has reminded investors of a familiar reality: even in a long-term bullish environment, crypto markets rarely move in a straight line.…
Bitcoin’s latest price action has given bearish analysts more reason to argue that the cryptocurrency is still moving through a deeper correction. Bitcoin has fallen back to $70,000, and selling pressure is building after another failed attempt to hold higher levels. Crypto analyst Crypto Lens has warned that Bitcoin may still need one final move lower to $42,000 before a new bull run back to new all-time highs above $126,000 can begin. Bitcoin Is Still Inside A Bull Trap Technical analysis of Bitcoin’s price action is predicting a bearish outlook during a tense moment for the cryptocurrency. Bitcoin has already corrected by over 15% since it reached $82,850 in early May, but technical analysis from crypto analyst Crypto Lens suggests that the downtrend might not end until Bitcoin breaks below $50,000. Related Reading: Ripple’s Growing Bank List: The Over 500 Institutions With XRP IDs Notably, Crypto Lens’ chart presents the current Bitcoin setup as a cycle transition. The analyst’s ro
Strive Inc. has raised its Bitcoin holdings to 19,000 BTC after buying an additional 2,500 BTC between May 23 and June 1, 2026. A June 2 filing with the U.S. Securities and Exchange Commission said the Nasdaq-listed company bought the…
Key takeaways HYPE hit a new all-time high of $75 on Tuesday, driven by rising institutional demand amid broader market weakness. Grayscale has advanced plans to launch its spot Hyperliquid ETF HYPG this week. Hyperliquid’s native token, HYPE, surged to a new all-time high of $75.52 on Tuesday, extending its recent rally as growing institutional […]
The post HYPE hits new ATH as ETF momentum and institutional demand fuel rally appeared first on CoinJournal.
The Bitcoin price fell hard on Tuesday, hitting $67,289—its lowest level since April—reshaping sentiment toward a more bearish outlook as bulls lose key support zones. CoinGecko data shows the selloff isn’t isolated to one timeframe. Bitcoin has retraced across all-time horizons, reflecting widespread bearish sentiment and persistent selling pressure. The Bitcoin price is down about 6% over the last 24 hours and roughly 15% on the monthly timeframe. After the drop, Bitcoin is around 47% below its all-time highs of $126,000 set during last year’s rally. What’s Next For The Bitcoin Price? On X (previously Twitter), market analyst Ali Martinez argued that the Bitcoin price has broken below several major levels that traders typically use as a line in the sand. Martinez pointed to the loss of channel support, the loss of the 100-day simple moving average (SMA), and the move below the 0.5 Fibonacci retracement level around $71,300. Related Reading: Bullish Shift For TON: Price Breaks Above
