Prediction: Bitcoin Could Bottom Between $42K and $44K This Year

Strategy's Series A perpetual preferred stock has fallen to record lows around $73-78, down roughly 25% from its $100 par value in two weeks, as a leverage-driven selloff accelerates despite the company's bitcoin balance sheet staying intact.

The price of bitcoin reached a consequential low on Thursday, falling to its weakest level of 2026 when it touched $58,035 on Bitstamp at 9:55 a.m. Eastern time. Over the past 24 hours, $40 billion has vanished from the total crypto market capitalization, leaving it precariously close to slipping beneath the $2 trillion threshold. Crypto […]

Bitcoin fell to 21-month lows as stock market volatility accompanied three-year highs in US PCE inflation, leading to $600 million in hourly crypto liquidations.

Strategys STRC preferred stock plunged below $74 as Bitcoin fell under $60,000, lifting its effective yield and increasing pressure on the companys funding model. The post STRC hits record low below $74 as effective yield jumps above 14% appeared first on Crypto Briefing.

Iran's toll system in the Strait of Hormuz, leveraging crypto, challenges international norms and may set a precedent for maritime revenue models. The post Iran plans to generate $40B annually from fees in Strait of Hormuz, accepts Bitcoin and USDT appeared first on Crypto Briefing.

The sell-off highlights vulnerabilities in MicroStrategy's financial strategy, potentially affecting investor confidence and Bitcoin's market stability. The post Massive put buying triggers sell-off in MicroStrategy, impacts Bitcoin appeared first on Crypto Briefing.

The liquidation highlights the inherent risks of leverage in crypto markets, potentially leading to increased volatility and cautious investor sentiment. The post Bitcoin falls to $58,000 as $450M in levered long positions liquidated appeared first on Crypto Briefing.

Many altcoins have collapsed by up to 5% in the past hour alone.