Bitcoin

Bitcoin is a new electronic payment system that removes the need for third party financial institutions. It speeds up transactions while reducing costs and minimizing the potential for fraud. The name “cryptocurrency” points to how it uses “cryptographic proof” to work, AKA a blockchain.

Bitcoin’s concept was first introduced in 2008 when a person going by the pseudonym Satoshi Nakamoto shared a white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System.” In January 2009, the Bitcoin blockchain was launched. 

A new electronic payment system called Bitcoin removes the need for third-party financial institutions. It speeds up transactions while reducing costs and fraud-risk. The name “cryptocurrency” points to how it uses “cryptographic proof” to work, AKA a blockchain.   

Bitcoin has a finite supply of 21 million, which is expected to be reached by the year 2140. Currently, 18.8 million are circulating in the market. Note that Bitcoin represents the concept of the network, while bitcoin (lower-case ‘b’) represents the currency.

Bitcoin is one of the most well-known cryptos as it was the first decentralized currency. 

Currently, BTC’s dominance is above 40%. Bitcoin Dominance is a measure of how much of the total market cap of crypto is made up of Bitcoin. Bitcoin’s influence in the crypto ecosystem could be vulnerable to competition as alternative coins grow in popularity and utility.

Bitcoin fell as low as $59,227 overnight before recovering, steadying after Friday's strong jobs report set off a selloff that sank the Nasdaq 100 about 5% and rattled stocks, bonds and crypto together.

Bitcoin back above $61,000 after rout leads to $1.6 billion liquidations

A kidnapping and Lamborghini carjacking tied to a theft of hundreds of millions of dollars in bitcoin are now central to a federal criminal case, highlighting the real-world dangers that can emerge from high-stakes cryptocurrency disputes. A Bitcoin Theft Became the Focus of a Violent Federal Case The U.S.

Hundreds of Millions in Bitcoin at Center of Violent Kidnapping Plot

Bitcoin fell to its lowest price of 2026 on Friday, touching $59,100 intraday as over 351,000 traders were liquidated across crypto markets in a single 24-hour window. Bitcoin Falls 19% in 7 Days and Touches $59,100 The move extended a sharp selloff that has taken bitcoin down 19.3% in seven days, 22.

Why Is Bitcoin Crashing? Worst Week of 2026, $59,100 Low, and More Than Half of All BTC Now in the Red

Strategy shares tumbled alongside Bitcoin on Friday as the firm's flagship preferred stock also came under pressure.

Strategy Shares Fall to 4-Month Low as STRC Dips and Bitcoin Sinks Under $60K

Ethereum

Bitcoin plunged below $60,000 for the first time since October 2024, extending losses in what has become its worst week since November 2022. Sentiment deteriorated further into extreme fear, signaling rising market anxiety heading into the weekend.

Bitcoin On Track For Worst Week Since FTX Collapse, ETH, XRP Lose Up To 23% In 7-Day Crypto Rout

Mati Greenspan, Michael Saylor and Jameson Lopp blamed the AI boom for draining capital from bitcoin. Meanwhile, Jack Mallers refrained from sharing an outlook but recommended buying the dip.

Why diehard bitcoin purists aren't sweating the massive price crash that wiped out $200 billion

Bitcoin dropped below $60,000 amid a broader crypto market sell-off that erased $200 billion in total market value and triggered $1.57 billion in leveraged liquidations. Liquidations Pass the Billion-Dollar Mark Bitcoin plunged below $60,000 on Friday amid a market-wide sell-off that shaved approximately $200 billion from the crypto economy.

Bitcoin Slides Below $60K as Traders Trigger $1.57B Liquidation Wave Across Crypto

Bitcoin (CRYPTO: BTC) remains under pressure after Strategy's (NASDAQ:MSTR) 32 BTC sale rattled market confidence, tapping $60,000 on Friday afternoon. Ethereum (CRYPTO: ETH) fell up to 9% while XRP (CRYPTO: XRP) and Solana (CRYPTO: SOL) dropped 5%, respectively.

Bitcoin Taps $60,000, Ethereum, XRP Fall Up To 9% In Painful Crypto Sell-Off

Zcash

Bitcoin has now fallen more than 50% from its October peak, dipping below $60,000 as the crypto industry reckons with the Zcash vulnerability.

Bitcoin Dives Below $60K Following Strong Jobs Data, Zcash Crash Shaking Crypto Confidence

Dogecoin

Shiba Inu

Dogecoin and Shiba Inu led losses among major tokens as heavy volume and liquidations overwhelmed support levels, extending a broader risk-off move across crypto markets.

Memecoins dogecoin, shiba inu dive 9% as bitcoin nears $60,000

Strategy Exec Chairman Michael Saylor divided the Bitcoin ecosystem into four camps, saying that each serves a necessary role.

Strategy's Saylor says Bitcoin should avoid choosing between ‘purity and adoption' as BTC extends losses

Grayscale Head of Research Zach Pandl says Strategy Inc.'s (NASDAQ:MSTR) ability to accumulate more Bitcoin (CRYPTO: BTC) is effectively gone at current share prices, as the company now sits on a record $10.8 billion unrealized loss on its holdings. STRC Below $100 Is The Core Problem Pandl's Thursday note argued that the real issue is not Strategy's 32 Bitcoin sale but what it did to (NASDAQ:STRC), the company's variable rate preferred stock designed to trade near $100.

Strategy Can't Buy Much More Bitcoin With MSTR Around $125, Grayscale Exec Argues

Morgan Stanley Wealth Management and Galaxy Digital have partnered to let eligible clients lend crypto in exchange for crypto ETP shares.

Morgan Stanley lets clients lend bitcoin and other assets for in-kind spot crypto ETF conversions

Several headwinds converged over bitcoin recently as its largest buyer turned seller, ETF investors headed for the exits, and rate-hike fears rose.

Bitcoin loses $60,000, falls to weakest price since October 2024

Bitcoin (CRYPTO: BTC) is testing one of the most important support levels in its history just as Washington inches closer to delivering something the crypto industry has been chasing for years: regulatory clarity. According to data from Barchart, Bitcoin has fallen to its 200-week moving average for the first time since 2023.

Bitcoin's Most Bullish Technical Signal Meets Crypto's Biggest Regulatory Catalyst

Solana

Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) have fallen between 15% and 20% over the past week, pushing sentiment deeper into fear territory. Bitcoin Flashes Rare Oversold Signal Crypto analyst Lark Davis noted on June 4 that Bitcoin's daily RSI dropped to 17, one of the most oversold readings in the past decade and a level previously seen during the March 2020 COVID crash and February 2026 selloff.

Bitcoin, Ethereum, Solana Sentiment Hits COVID Level Lows: Is The Bottom In?

Crypto ETF flows turned more constructive on Thursday, June 4, as bitcoin and ether funds snapped long outflow streaks with fresh inflows. HYPE ETFs extended their own winning run, while XRP returned to positive territory, and solana saw only a minor exit.

Blackrock Ends Bitcoin ETF Selloff as IBIT Pulls in $48M After 13 Red Days

Bitcoin price remains under pressure, yet five separate data points suggest fear may be creating one of the best accumulation setups in years.

5th Worst Bitcoin Price Action Ever — I'm Buying At 99.8% Probability

Bitcoin (BTC) markets have experienced significant pressure throughout the first week of June 2026, dropping toward the $60,000–$64,000 range.

The "Strategy" Sale and the Bitcoin Treasury Debate

Bitcoin's (CRYPTO: BTC) drop to $62,000 resembles previous crypto winter bottoms rather than a structural breakdown in the asset class, according to Bitwise Chief Investment Officer Matt Hougan. ETF Selling In a podcast interview with Scott Melker on June 5, Hougan highlighted that Bitcoin ETFs have seen roughly $4 billion in outflows across 12 consecutive trading days, marking the worst withdrawal streak since launch.

Bitcoin's 25% Drop To Low $60,000s Is 'Classic Crypto Winter' Behavior, Expert Says

All twenty constituents in the CoinDesk 20 index were trading lower since yesterday.

CoinDesk 20 performance update: Bitcoin (BTC) price drops 2.8% as index declines

Bitcoin is heading for its worst performance for this point in the year in at least a decade, as booming AI stocks and a series of glittering upcoming new ​listings such as SpaceX lure away capital from the world's largest cryptocurrency.

Bitcoin's star fades, as investors flock to lustre of AI and megacap IPOs

Bitcoin ETFs ended a 13-day outflow streak with $3M inflows, and ETH ETFs snapped a 17-day run ahead of NFP as traders rotate to equity perps.

Bitcoin, ether ETFs end 13- and 17-day outflow streaks as traders rotate into equity perps ahead of NFP: analysts

Wall Street giants have revealed they are quietly plotting a “big” crypto move

A ‘Big Move' Is Coming—Wall Street Quietly Reveals a ‘Radical' Crypto Bombshell As Bitcoin Price Crash Suddenly Accelerates

Bitcoin (CRYPTO: BTC) around $62,000 is sitting directly on the 200-week moving average, a level that only broke during the FTX, Terra, and Three Arrows Capital collapses in 2022. ETF Outflows Finally Printed One Green Day After $5B Exit After four weeks of relentless selling that drained ETF net assets from $109 billion to $80.40 billion, June 4 printed a modest $3.05 million net inflow.

News for Bitcoin Crypto (BTC)