Crypto markets extended the downside move today, slipping deeper into a high-volatility sell-off that has shaken both spot and derivatives traders. Bitcoin price dropped nearly 8.6%, hovering near the $65,000 level, while Ethereum and major altcoins followed with sharp intraday losses. The intensity of the move points to more than routine profit-taking. With liquidations accelerating …
What to Know: Renewed US-Iran tensions and upcoming nuclear talks are creating a ‘risk-off’ environment, leading to potential short-term volatility for Bitcoin and major assets. Geopolitical uncertainty highlights the flaws in current crypto infrastructure, specifically the fragmentation of liquidity and the risks associated with bridging assets during panic. LiquidChain ($LIQUID) addresses these inefficiencies by fusing Bitcoin, Ethereum, and Solana into a single execution environment, allowing for seamless capital movement without wrapped asset risks. Money is moving into infrastructure plays, as seen by the $LIQUID presale raising $526K, as the market seeks solutions to liquidity fracturing. Geopolitics are back in the driver’s seat. Recent reports indicate the United States is renewing advisories regarding Iran, casting a heavy shadow over upcoming nuclear negotiations. More specifically, the U.S. has urged citizens to leave Iran now. Whilst on the surface this isn’t linked to crypto, none of us are strangers to the impact geopolitical tensions and events can have on the market as a whole. For Bitcoin and the broader digital asset market, this resurgence of tension creates a complicated setup: it validates the narrative of censorship-resistant money while simultaneously triggering immediate ‘risk-off’ behavior in institutional capital. The market’s reaction has been textbook. Traders are hedging exposure, betting that any stalemate in the talks could lead to tightened sanctions or escalated regional instability. Bitcoin, currently trading in a sensitive technical zone, often reacts violently to these headlines. But the data suggests a deeper issue. During geopolitical flare-ups, liquidity tends to fracture as capital retreats to the sidelines or flees into stablecoins. That fragmentation is precisely where the current market infrastructure reveals its cracks. When fear drives the market, speed isn’t a luxury; it’s survival. Yet, the current reality involves clunky bridges and wrapped asset risks that make capital rotation dangerous during high-volatility events. Anyone who has tried to bridge assets during a flash crash knows the pain. This systemic inefficiency is drawing smart money toward infrastructure solutions capable of actually unifying the fragmented landscape. Enter LiquidChain ($LIQUID), an infrastructure play aiming to solve the friction points that geopolitical stress tends to expose. LiquidChain ($LIQUID) Harmonizes $BTC, $ETH & $SOL Liquidity While headline-driven volatility shakes the majors, the infrastructure layer is quietly evolving. The core thesis behind LiquidChain is simple: liquidity shouldn’t be trapped in silos. Currently, a trader reacting to news, such as a breakdown in US-Iran talks, faces significant friction if they wish to move value from Solana memecoins to Bitcoin safety, or from Ethereum DeFi into stablecoins. LiquidChain operates as a Layer 3 (L3) protocol designed to fuse the liquidity of Bitcoin, Ethereum, and Solana into a single execution environment. This matters as it eliminates the reliance on complex, often vulnerable bridging mechanisms. Instead of ‘wrapping’ assets, a process that introduces nasty counterparty risk, LiquidChain uses a cross-chain virtual machine (VM) to enable verifiable settlement. The industry has long needed a solution that doesn’t just patch chains together but effectively erases the boundaries between them. For developers and institutions, this ‘deploy-once’ architecture is a paradigm shift. In a market reacting to macro-political shocks, the ability to access deep liquidity across three major ecosystems without managing three separate codebases is invaluable. By acting as a unified liquidity layer, the project ensures that even when external tensions fragment global markets, the digital asset economy remains fluid. EXPLORE $LIQUID NOW Smart Money Targets The $0.01355 Presale Entry Institutional focus often shifts toward utility-heavy infrastructure during periods of macro indecision. While retail traders obsess over the minute-by-minute impact of nuclear talk headlines, deeper pockets are looking at the plumbing of the next bull cycle. The traction surrounding the LiquidChain presale reflects this rotation into foundational technology. $LIQUID has already raised over $529K, signaling strong early conviction from investors who recognize the limitations of current L2 solutions. Currently priced at $0.01355, $LIQUID represents an early entry point into a protocol attempting to corner the market on cross-chain efficiency. The tokenomics are structured to incentivize long-term participation, with use cases extending to liquidity staking and transaction fuel. What most coverage misses is that as decentralized finance matures, value accrual will likely shift from the ‘casinos’ (DEXs) to the ‘roads’ (infrastructure) connecting them. By solving the liquidity fragmentation problem, LiquidChain positions itself as an essential utility, regardless of whether the geopolitical climate is bullish or bearish. With the presale ongoing, the window to acquire tokens at the current valuation is dictated by market demand. BUY YOUR $LIQUID FROM ITS OFFICIAL PRESALE PAGE The content provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are highly volatile and influenced by geopolitical events. Always conduct your own due diligence before investing.
The Crypto Fear and Greed Index fell to extreme fear levels of 5-9, the lowest since the June 2022 Terra and FTX crashes, as Bitcoin briefly dropped below $65,000 before recovering. The cryptocurrency saw a single-day decline of over $10,000, wiping out significant market value and triggering widespread liquidations. U.S. spot Bitcoin ETFs recorded $434.1 …
Michael Saylor reinforces commitment to bitcoin and quantum security on Q4 earnings call.
The deal adds analytics and execution tools to Pump.fun’s ecosystem as Vyper winds down its standalone product and migrates users to Terminal.
Bitcoin fell by more than $10,000 in a single day for the first time, with BTC price bear market analysis warning that a rebound could take several years.
Bitcoin’s recent fall has triggered one of the biggest loss-taking events in its history, illustrating how quickly market sentiment has shifted after months of strong gains. As prices dropped nearly 10% to around $64,000, Bitcoin hit its lowest level since late 2024. This sharp move pushed many investors to sell their holdings at a loss. …
Cathie Wood's Ark Invest purchased $17.8 million worth of Bullish shares and sold $17.4 million worth of Coinbase stock.
Charles Hoskinson said his personal crypto holdings are down over $3 billion in value, and that he declined to cash out during the downturn.
The Bitcoin price is currently trading under immense bearish pressure, and the downtrend might not yet be over. Bitcoin has now broken below $70,000 and has extended its decline below $65,000. This price action is part of an extended corrective phase that began after Bitcoin topped out at $126,000 in October 2025, and crypto participants have different outlooks as to when the correction will reach a bottom. Amid the uncertainty, an outlook from a crypto analyst known as Sherlock is gaining traction on X, as it points to historical market bottoms that suggest Bitcoin may still be headed significantly lower. Past Drawdowns Show A Clear Pattern Across Bitcoin Cycles Sherlock’s analysis focuses on how deep Bitcoin has fallen during past bear markets and how those declines have changed as the asset has matured over the years. According to the data he highlighted, Bitcoin’s 2011 cycle saw a drawdown of about 93% from peak to trough. This is the highest correction for the Bitcoin price to date. That figure reduced to about 86% in 2015, then to 84% in 2018, and further to around 77% during the 2022 bear market. Related Reading: One Month In And 10% Of Dogecoin Millionaires Have Already Disappeared In 2026 – Details The consistent takeaway from these cycles is that each successive drawdown has been smaller than the last. This isn’t surprising, as Bitcoin and the entire crypto market have been growing in size, liquidity, and participation over time. Using that trend as a guide, the next major bottom correction should continue this progression. The projection is that the correction should drop from 77% in the 2022 bear market to 70% in the current price action. If the drawdown compresses to about 70% in the current cycle, measured from the $126,000 all-time high, then the bottom would land around the $38,000 region. Dismissing Higher Bottom Targets Like $69,000 And $50,000 The projection by Sherlock received a lot of views and comments on X, with some market participants noting that reflexivity and increased institutional involvement should reduce downside risk this time around. One notable response suggested that when comparing prior bottom-to-top moves against top-to-bottom declines, Bitcoin’s next drawdown should be closer to 55% or 60%, instead of 70%. Sherlock pushed back on that view by noting how reflexivity can amplify downside moves just as easily as it causes rallies. “Good luck buying your bottom at $69,000, $60,000 and $50,000,” he said. Related Reading: Why The Bitcoin Price Could Quickly Revisit $81,000 Again After The Crash For the time being, Bitcoin is caught between aggressive sell-offs and growing concern that the larger corrective phase is not complete. At the time of writing, Bitcoin is trading at $64,850, having rebounded from an intraday low of $60,255, according to data from CoinGecko. The recent price action means Bitcoin is back to trading at its lowest levels since October 2024. If Bitcoin were to revisit the $38,000 area, it would represent a return to price levels last seen during the early stages of the bull market. The last time Bitcoin traded around $38,000 was in October 2023. Featured image created with Dall.E, chart from Tradingview.com
What to Know: BlackRock’s IBIT reaching $10B in volume signals a massive transfer of Bitcoin from retail hands to institutional holders, likely marking a market pivot. The concentration of wealth in digital assets increases the urgency for protection against ‘Harvest Now, Decrypt Later’ quantum threats. BMIC addresses this vulnerability with a quantum-secure stack and has already raised over $433K in its presale phase. The future of DeFi custody will likely pivot toward ‘zero public-key exposure’ models as standard encryption methods face obsolescence. BlackRock’s iShares Bitcoin Trust (IBIT) has once again obliterated expectations, clocking a staggering $10B in daily trading volume according to Nasdaq data. This isn’t just a number on a ledger; it’s a liquidity event that rivals major tech stocks and signals a massive structural shift. When volume spikes to this magnitude without a corresponding price collapse, traders call it a ‘handshake’ moment, exhausted retail sellers handing their bags to high-conviction institutional accumulators. That volume suggests Bitcoin has graduated from a speculative risk asset to a foundational macro hedge. But here’s the rub: as trillions of dollars migrate onto the blockchain through centralized issuers like BlackRock, the ‘honey pot’ for attackers grows exponentially. The current cryptographic standards protecting these assets, Elliptic Curve Cryptography (ECC), are robust today, but they face a hard deadline against the advancement of quantum computing. Smart money isn’t just asking ‘How high can Bitcoin go?’ anymore. They’re asking, ‘How safe is this value in a post-quantum world?’ The market’s obsession with spot ETFs often overlooks the infrastructure risks buried in legacy wallet encryption. Into this gap steps BMIC ($BMIC), a project positioning itself to neutralize the ‘harvest now, decrypt later’ threat before the quantum supremacy timeline accelerates. Institutional Custody Meets The Quantum Threat The record-breaking volume in IBIT underscores a critical reality: wealth is digitizing faster than security protocols are evolving. While ETFs solve the access problem, they centralize risk. The ‘Harvest Now, Decrypt Later’ (HNDL) vector isn’t science fiction; it’s an active strategy used by nation-state actors collecting encrypted data today to crack it once quantum power matures. For the average retail trader, this might feel distant. For the enterprise-grade capital entering via BlackRock? It’s an immediate strategic liability. BMIC enters this landscape not merely as a wallet provider, but as a comprehensive countermeasure to public key exposure. Traditional wallets reveal your public key the moment a transaction is signed, leaving a breadcrumb trail for future quantum algorithms. BMIC’s architecture uses a ‘Quantum Meta-Cloud’ and AI-enhanced threat detection to keep those keys invisible. It fundamentally changes the custody model. Instead of crossing your fingers that legacy encryption holds, the protocol introduces a Full Quantum-Secure Finance Stack. By leveraging ERC-4337 Smart Accounts, the platform abstracts away the headache of seed phrases while hardening the cryptographic shell. It suggests a future where high-value transactions, whether from a retail user or an institutional desk, require a layer of defense that anticipates computational breakthroughs rather than reacting to them. EXPLORE BMIC AND ITS QUANTUM STACK BMIC Presale Signals Appetite For Post-Quantum DeFi While the broader market fixates on ETF flows and daily candle closes, a quiet rotation is happening in the presale sector toward infrastructure plays. BMIC is currently in its early funding stages. Its $BMIC token has raised over $433K. Despite being in a nascent phase, this capital influx points to a growing awareness among early adopters that security is the next major narrative. The token is currently priced at $0.049474, a figure that places it firmly in the micro-cap entry zone relative to established security tokens. Unlike meme coins driven by social hype, this valuation reflects a bet on utility, specifically, the utility of survival. The project’s value proposition extends beyond simple storage; it includes ‘Burn-to-Compute’ mechanics and quantum-secure staking options that allow users to earn yield without exposing their private keys to the network. Investors are likely eyeing the disconnect between Bitcoin’s trillion-dollar market cap and the aging cryptography securing it. As the ecosystem matures, protocols offering seamless migration to post-quantum standards will likely command a premium. The presale data indicates that while the masses chase green candles, a savvy subset of the market is positioning for the infrastructure that keeps those candles lit. BUY $BMIC ON ITS PRESALE PAGE The content provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments, including presales, carry inherent risks. Always perform your own due diligence before making investment decisions.
Strategy, formerly known as MicroStrategy, has reported a staggering fourth-quarter net loss of roughly $12.6 billion, ranking among the largest quarterly losses ever recorded by a U.S. public company. The hit was driven almost entirely by unrealized losses on its Bitcoin holdings, underscoring how deeply the firm’s balance sheet is tied to crypto market movements …
The broader crypto market has turned decisively bearish, with Bitcoin recording one of its sharpest pullbacks in recent months. The move was backed by over $2 billion in long liquidations, wiping out more than $380 billion from the total crypto market capitalization. In contrast, the Decred (DCR) price has shown strong relative strength. The token …
Bitcoin has broken below the major trendline that supported the entire bull run. Crypto analyst Nathan Sloan of Investing Made Simple laid out the key levels to watch and why the 4-year cycle suggests this crash may follow a familiar pattern. After failing to reclaim $100,000, which flipped from support to resistance, Bitcoin flushed down …
Unofficial economic indicators suggest the Fed may need to ease policy, boosting riskier assets.
Bitcoin's (BTC) slide to as low as $60,233 overnight, before recovering somewhat to $65,443, has left most of the largest pure-play Bitcoin treasury companies deeply underwater on their holdings, with combined unrealized losses approaching $10 billion across eight entities that collectively control more than 850,000 BTC. The reckoning hits hardest at the top. Strategy, formerly […]
The post Bitcoin’s slide to $60k puts BTC treasury companies $10B underwater as one major firm is braces for a $27B disaster appeared first on CryptoSlate.
What to Know: Bitcoin executed a ‘whipsaw’ recovery, reclaiming $65K after volatility in the Asian trading session flushed leveraged positions. The market structure has improved, with spot buying absorbing the dip and open interest resetting to healthier levels. Bitcoin Hyper is capitalizing on the renewed bullish sentiment, raising over $31M by offering Solana-speed execution on a Bitcoin Layer 2. Whale activity has intensified around the infrastructure play, with significant accumulations signaling smart money interest in BTC scaling. Bitcoin has reclaimed the psychological $65k level, executing a sharp V-shaped recovery following a brutal Asian trading session that flushed millions in leverage. This ‘Asia whipsaw,’ where Eastern volatility gets bought up by Western spot demand, has once again reset open interest. Frankly, the flush was necessary. It potentially clears the path for a more sustained move higher without the weight of over-leveraged longs. The price action suggests a structural shift. While the dip below $60K terrified retail traders, on-chain data shows long-term holders absorbed the selling pressure, effectively transferring coins from weak hands to strong. Why is that important? High-leverage flushes usually precede healthy, spot-driven rallies. Now that the derivatives market has cooled off and funding rates have normalized, the focus is shifting from pure speculation to the utility justifying these valuations. As liquidity returns, capital is starting to rotate into high-beta infrastructure plays addressing Bitcoin’s scaling limitations. The narrative is evolving from ‘digital gold’ to ‘programmable capital.’ While Bitcoin provides settlement assurance, new protocols are vying to provide speed. Leading this charge is Bitcoin Hyper ($HYPER), a project gaining traction for integrating Solana-speed architecture directly atop the Bitcoin network. Bitcoin Hyper Brings SVM Speed To The OG Blockchain The primary bottleneck for Bitcoin adoption in DeFi has always been the network’s inherent trade-off: unmatched security comes at the cost of slow block times. Bitcoin Hyper addresses this by implementing the first-ever Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration. That creates a high-performance environment capable of handling high-frequency trading and complex smart contracts (without congesting the main chain). Unlike earlier scaling solutions relying on slower environments, Bitcoin Hyper uses a modular architecture. It uses Bitcoin L1 strictly for settlement and state anchoring, while the SVM-based L2 handles execution. This allows for low-latency processing and negligible fees, mirroring Solana’s user experience while keeping Bitcoin’s security. Plus, the inclusion of Rust support means developers can port existing dApps to the Bitcoin ecosystem with minimal friction. The protocol also features a decentralized Canonical Bridge that addresses the fragmentation issue plaguing other L2s. By enabling seamless $BTC transfers and modifying SPL-compatible tokens for the L2 environment, the project positions itself as the backbone for a new wave of Bitcoin-native gaming. EXPLORE THE OFFICIAL $HYPER PRESALE Whales Accumulate $1M As Presale Crosses Major Milestone Smart money appears to be positioning itself ahead of the mainnet launch. According to the official presale page, Bitcoin Hyper has raised over $31M, a figure highlighting the appetite for Bitcoin scaling. With the token currently priced at $0.0136752, the valuation indicates upside potential relative to established competitors like Stacks. On-chain analysis reveals high-net-worth individuals are taking notice. Specifically, Etherscan data shows whales have been scooping up $HYPER to the sum of over $1M, with the largest transaction hitting $500K. Does this matter? Usually, this accumulation pattern signals confidence from sophisticated actors looking beyond short-term volatility. The combination of retail raises and specific whale targeting suggests a broad base of support. Beyond capital inflows, the project’s staking mechanics drive retention. Bitcoin Hyper offers high APY opportunities with immediate staking available post-TGE (Token Generation Event). A 7-day vesting period for presale stakers ensures stability, while rewards are weighted toward governance participation. This incentivizes long-term holding over mercenary capital, aligning user interests with the network’s security. In an industry that isn’t known for its security, any form of help is appreciated. VISIT THE $HYPER PRESALE NOW This article is for informational purposes only and does not constitute financial advice. Cryptocurrencies are highly volatile assets, and presale investments carry significant risks, including the potential for total loss. Always conduct your own due diligence before deploying capital.
What to Know: Marathon Digital moved $87M in $BTC to exchanges, signaling potential sell pressure or treasury rebalancing. Market liquidity is rotating from stagnant large-cap assets into high-volatility speculative tokens. Maxi Doge targets this rotation with a ‘Leverage King’ culture and trading competitions designed for aggressive retail traders. On-chain alarms started ringing this week. Marathon Digital Holdings (MARA), a true titan in the mining sector, just shifted roughly $87M in Bitcoin to trading desks and exchange wallets according to Arkham data. Specifically, we’re seeing flows to BitGo custody and the credit firm Two Prime. Naturally, this substantial transfer has ignited the usual debate: is this miner capitulation, or just standard treasury management? It doesn’t take much to launch a debate in crypto, but oftentimes, they’re important. Here’s the thing: miner flows are often the canary in the coal mine for supply-side pressure. When a giant like MARA (with massive operational costs) moves funds to exchanges, the market historically prices in the risk of liquidation. It creates a ‘soft ceiling’ on Bitcoin’s immediate price action, as derivatives traders front-run potential sell walls. But liquidity isn’t leaving the ecosystem, it’s just rotating. While the giants de-risk, retail traders (bored by the chop) are pivoting toward high-beta assets that promise velocity rather than stability. This rotation is obvious in the presale markets, where new entrants are capturing attention from liquidity providers looking to outperform the indices. One major beneficiary of this capital flight is Maxi Doge ($MAXI), a project absorbing liquidity by targeting the demographic looking to escape the slow grind of the major cap market. Maxi Doge Capitalizes On High-Leverage Trading Culture While Bitcoin miners play defense, Maxi Doge ($MAXI) is on the offense. Calling itself a ‘240-lb canine juggernaut,’ the project targets the psychology of traders who view volatility as a feature, not a bug. The narrative is simple, ‘Never skip leg-day, never skip a pump’, and it resonates with a market segment feeling alienated by the stiff institutionalization of Bitcoin. The project pushes a ‘Leverage King’ culture, designed to mirror the high-octane world of 1000x perp trading. Unlike static meme tokens relying solely on viral imagery, Maxi Doge plans to integrate active participation via holder-only trading competitions. These contests reward top ROI hunters, creating a gamified loop that incentivizes holding. Plus, the Maxi Fund treasury adds a layer of economic sustainability, using assets for liquidity provision. It suggests that while miners are hedging, the retail sector is hunting for pure, aggressive accumulation. CHECK OUT THE $MAXI PRESALE Whale Accumulation Signals Smart Money Divergence You don’t have to guess about this rotation; it’s on-chain. While $BTC exchange inflows rise, smart money is actively accumulating positions in the Maxi Doge presale. $MAXI has already raised over $4.5M, signaling robust demand despite the broader uncertainty. With tokens currently priced at $0.0002802, early participants are getting in before the transition to public trading. But you need to move fast to secure this price, as an increase is on the horizon. But the aggregate raise isn’t the most interesting part; it’s the whale behavior. Etherscan data shows major wallets scooping up values around $314K. These transactions suggest sophisticated actors see value in the project’s dynamic APY staking model, which will distribute rewards daily from a 5% allocation pool. When large wallets move into a micro-cap while miners send Bitcoin to exchanges, it signals a divergence in risk appetite: smart money is seeking alpha where the retail volume is hottest. BUY YOUR $MAXI FROM THE OFFICIAL PRESALE SITE The content provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry high risks, including the total loss of capital.
Net weekly outflows from Bitcoin ETFs reached $690 million as BTC briefly touched $60,000, reigniting analyst criticism over “paper Bitcoin” and scarcity.
Metaplanet CEO Simon Gerovich is sticking with the company’s Bitcoin accumulation plan despite a brutal drawdown in both its stock and the wider crypto market.
Binance has boosted its Secure Asset Fund for Users by adding $233 million in Bitcoin, acquiring 3,600 BTC, and bringing total holdings to 6,230 BTC, worth approximately $404 million. This marks the third significant purchase in days, totaling nearly $430 million. The move is part of a strategy announced on January 30 to gradually convert …
Bitcoin printed one of the largest ever daily candles to the downside on Thursday, sliding more than 15%, roughly $10,800, in a move that rippled through derivatives, spot venues, and the US Bitcoin ETF complex. The scale of the drop is what made it stand out. Not just the percentage drawdown, but the mix of stress signals hitting at once: implied volatility spiking, volumes exploding, and momentum gauges collapsing into levels typically associated with forced selling rather than discretionary risk reduction. Bitcoin Crash Sparks Capitulation Signals Real Vision’s Jamie Coutts framed the session as a “capitulation watch,” pointing to a cluster of metrics rarely seen together. He highlighted Bitcoin implied volatility via BVIV at 88.55, “closing in on the FTX-collapse peak of 105,” and noted Coinbase logged its eighth-largest trading day ever by USD value, with $3.34 billion changing hands—roughly 54,000 BTC at ~$62,000. Related Reading: PlanB Lays Out Four Bitcoin Bear-Market Scenarios Coutts also underscored how extreme the momentum reset looked on daily charts, citing a daily RSI of 15.64, “at or below March 2020 COVID crash lows.” He added: “Margin calls are firing. Forced liquidations are likely still working through the system. This has the signature of a capitulation event, but capitulation can be a process, not a single candle (unless we get a massive wick!). These conditions can persist for weeks or even months before a durable low forms.” Macro trader Alex Krüger stopped short of a price target for the lows, but argued the market was registering the kind of positioning and pricing distortions that tend to cluster around turning points in time. “Friends I really do not know where the bitcoin bottom is but I can recognize extreme conditions that you only see close to bottoms in time, such as extreme negative funding, options skew at levels only seen once before since 2022 (FTX day), and volumes & liquidations at extraordinary levels,” he wrote. “You also have some monster shorts that opened between 64k and 60k, material for a short squeeze sending price to 68k, and if we see so then everyone will start talking about the bottom.” Krüger’s caveat was just as direct: “In the meantime of course equities need to hold. And having a bottom in does not mean that you will see a major trend from here.” Galaxy’s Alex Thorn described the tape as historically stretched on RSI measures, saying bitcoin was “the most oversold today than any day since 3AC blew up in June 2022 (30d RSI),” and calling it “basically in the top 3 oversold events ever,” alongside November 2018 and June 2022. The US spot Bitcoin ETF market didn’t cushion the move, it amplified the day’s activity. Bloomberg Intelligence’s Eric Balchunas said BlackRock’s iShares Bitcoin Trust (IBIT) “just crushed its daily volume record with $10b worth of shares traded” as the fund’s price fell 13%, its second-worst daily drop since launch. Head of Research for Anchorage Digital David Lawant added that IBIT alone trading above $10 billion was the highest since launch, beating prior records by 69% in shares and 27% in USD volume. Related Reading: Bitcoin Crash Exposes Colossal Corporate Losses — Here’s Who’s Most Impacted Positioning data hinted at a complex, two-sided ETF ecosystem. Head of Research at K33 Research Vetle Lunde noted net equivalent short exposure in short BTC ETFs was nearing the November 2022 peak at 7,745 BTC, while 2x leveraged long BTC ETFs—products that didn’t exist then—currently hold 39,590 BTC, “at levels not seen since Mar 24.” Volatility remained the throughline. ProCap CIO Jeff Park said: “Bitcoin implied vol is now at 75%. This is the highest level since the ETF launch in 2024. It is also finally higher than gold volatility. Know it’s a lot of pain right now, but this is all part of the process required for Bitcoin to make new highs. The melt up will be fast.” At press time, BTC rebounded from $60,000 to roughly $64,900, a gain of about 9% from the session low. Featured image created with DALL.E, chart from TradingView.com
The cryptocurrency market has faced heavy selling pressure in recent weeks, with Bitcoin briefly dropping to around $60,000 before recovering slightly. Most major altcoins, including Ethereum and Solana, have also fallen. However, despite the overall decline, a few tokens are moving in the opposite direction, drawing investor attention. Two projects in particular: Hyperliquid’s HYPE token …
XRP price slipped lower today as selling pressure across the crypto market picked up pace. The move followed Bitcoin’s drop to around $60,000, which triggered another wave of risk reduction and forced liquidations. In the latest flush, more than $1.85 billion in long positions were wiped out, setting a cautious tone for large-cap altcoins, including …
Hoskinson's steadfast commitment amid losses highlights the importance of integrity and long-term vision in navigating volatile crypto markets.
The post Cardano founder Charles Hoskinson says he has lost over $3B in crypto but refuses to cash out appeared first on Crypto Briefing.
Ethereum (ETH) has continued to decline alongside the rest of the crypto market, dropping over 9% in the daily timeframe and reaching new lows. As the cryptocurrency loses a “do-or-die” level, some analysts have expressed concern about ETH’s near-term future. Related Reading: Solana Eyes Deeper Correction As Bearish Pattern Confirmation Targets $40 Ethereum Correction Targets $1,500 On Thursday, Ethereum, the second-largest cryptocurrency by market capitalization, reached an eight-month low of $1,934 after dropping below the psychological $2,000 barrier for the first time since May. The cryptocurrency has traded between $2,100 and $4,400 over the past two years, moving between the upper and lower boundaries of its macro range throughout the cycle and only losing its crucial support during the Q1-Q2 2025 market correction. In the past five months, ETH’s price has declined by over 60% from its August all-time high (ATH) of $4,956, raising concerns about the cryptocurrency’s short- and mid-term performance. In an X post, market observer Daan Crypto Trades stated that the “overall price action has been awful this cycle, but the levels have been very clean” on Ethereum’s chart. “These horizontal areas are all you need to be watching for the Ethereum price, in my opinion,” he wrote. “Break one, target the next. Works both ways, obviously.” Based on this, the trader highlighted the lower half of the altcoin’s macro range, where it has been trading for half of the cycle. If Ethereum is unable to reclaim $2,000-$2,100 soon, then the price would likely retest the $1,800 area. “That’s the breakout level from before the large rally driven primarily by Tom Lee/Bitmine,” he pointed out. Similarly, Altcoin Sherpa suggested that Ethereum is in a similar “do-or-die region” like Bitcoin (BTC). To the analyst, ETH’s chart “looks bleak” after losing the 200-Week Exponential Moving Average (EMA), adding that if it officially loses the $2,000 barrier, the altcoin will likely move to the April 2025 lows, located around the $1,400-$1,500 range. ETH Crash Drags Investors Notably, Ethereum liquidations, funds, and large-scale investors have taken a hit amid the recent price action. According to online reports, the unrealized losses of BitMine, the second-largest crypto treasury in the world, have significantly grown over the last couple of days. As reported by NewsBTC, the crypto treasury company’s unrealized losses had risen to $6.6 billion by Monday, leaving the Ethereum treasury company “on track to become the 5th-largest documented principal trading loss in history if sold.” In BitMine’s latest update, the firm’s chairman, Tom Lee, reiterated BitMine’s confidence in the cryptocurrency and its fundamentals despite the recent price action and broader market correction. “We view this pullback as attractive, given the strengthening fundamentals. In our view, the price of ETH is not reflective of the high utility of ETH and its role as the future of finance,” Lee asserted. Nonetheless, Ethereum’s drop below $2,000 has pushed BitMine’s unrealized losses to over $8 billion. Related Reading: BNB Chain Metrics Show Strong Performance As BNB Price Retests ‘Do Or Die’ Level Spot ETH exchange-traded funds (ETFs) also performed negatively over the past day, with the category bleeding nearly $80 million on Wednesday, and total net outflows of $68 million during the first three trading days of the week. Meanwhile, Ethereum liquidations have hit $326.6 million over the past 24 hours, according to CoinGlass data. The data shows that around $245.5 million comes from long ETH positions, with nearly half of the total value wiped out just in the last four hours. Featured Image from Unsplash.com, Chart from TradingView.com
Bank says institutional de-risking continues, but resilient network activity and growing TradFi adoption could lift revenue-linked assets over time
Nasdaq-listed bitcoin miner MARA moved roughly 1317 BTC ($87.4 million) in the past 13 hours, onchain data shows.
Bitcoin is struggling to hold the $70,000 level as persistent selling pressure weighs on market sentiment and momentum. After months of volatility, recent price action suggests a fragile structure, with buyers repeatedly failing to reclaim higher resistance zones. Analysts increasingly warn that downside risks remain elevated as short-term investors continue to absorb losses rather than stepping in aggressively to accumulate. Related Reading: Are We Near A Bitcoin Bear Market Bottom? History Offers A Framework A recent report from analyst Axel Adler highlights mounting stress among short-term holders. Data from the Bitcoin Short-Term Holders SOPR indicator shows that many participants are now realizing losses, with this cohort sitting roughly 25% below their average acquisition cost. The SOPR metric, which compares selling price to purchase price, has dropped to 0.949, while its 7-day average remains near 0.97. Values below 1.0 confirm that coins are being sold at a loss, often reflecting forced liquidations or reactive selling behavior. Notably, the indicator has stayed below this threshold since mid-January, signaling sustained pressure rather than a short-lived correction. Historically, prolonged SOPR weakness alongside price stabilization can indicate seller exhaustion. However, a decisive move back above 1.0 would be required to confirm a shift in market regime. Until then, the risk of further downside cannot be ruled out. Short-Term Holder MVRV Signals Deep Unrealized Losses Axel Adler also points to the Bitcoin Short-Term Holder MVRV indicator as further evidence of mounting stress among recent market participants. This metric compares the current market price with the average acquisition price of short-term holders, offering a clear view of unrealized profitability. When MVRV falls below 1.0, it indicates that this cohort is, on average, holding positions at a loss rather than in profit. Recent data shows the STH MVRV dropping sharply to around 0.752, with the cohort’s realized price near $95,400. With Bitcoin trading close to $71,700, short-term holders are roughly 25% underwater. The gap between market price and their cost basis—about $23,700—is currently the widest observed in this cycle, highlighting the scale of recent downside pressure. Historically, MVRV readings approaching or falling below the 0.8 level have often coincided with accumulation phases or local market bottoms. However, such signals are not sufficient on their own. Confirmation typically requires price stabilization alongside a recovery in SOPR above 1.0, indicating that forced selling has eased. Until those conditions emerge, the data suggests continued fragility despite increasing signs of capitulation. Related Reading: Ethereum Transfer Surge Mirrors 2018 And 2021 Peaks – What Happens Next? Bitcoin Breaks Key Weekly Support As Downtrend Accelerates Bitcoin’s weekly structure shows clear deterioration after price decisively broke below the mid-range support that had previously held near the $75K area. The latest candle reflects strong downside momentum, pushing BTC toward the $70K zone while trading well below the 50-week moving average. Historically, sustained trading under this average tends to coincide with corrective or transitional bear phases rather than bullish continuation. The 100-week moving average, currently positioned slightly above $80K, has shifted from support to resistance. The market requires a reclaim of this level to stabilize sentiment. Meanwhile, the 200-week average continues to trend upward near the $55K–$60K region, marking a deeper macro support band if selling pressure persists. Related Reading: Bitcoin Unrealized Losses Reach 22% – Still No Capitulation Phase Volume expansion accompanying the latest decline suggests active distribution rather than low-liquidity drift. However, capitulation phases often show similar volume characteristics, meaning interpretation depends on whether follow-through selling continues or begins to fade. Structurally, BTC now faces a critical test. Holding above the $68K–$70K range could allow consolidation before a potential recovery attempt. Failure to stabilize there would increase the probability of a deeper retracement toward longer-term moving average support, keeping the broader market cautious despite growing oversold conditions. Featured image from ChatGPT, chart from TradingView.com
Traders on X are pointing to everything from a Hong Kong fund blowup to yen funding stress and even quantum security fears as bitcoin’s plunge turns into a full-blown narrative vacuum.