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.

Ethereum

Crypto markets extended losses amid heavy derivatives liquidations and macro headwinds, with traders bracing for further downside if bitcoin breaks key support.

Bitcoin, ether slide 7% as market 'fear' increases, liquidations mount

The ‘Big Short' investor compared the current slide with a one-time past cycle breakdown that saw BTC lose nearly half its value before stabilizing.

'Big Short' Micheal Burry spots 2022 vibes in bitcoin crash

Bitcoin briefly fell below $70,000 on Thursday.

Bitcoin briefly drops below $70,000 as sell-off continues

Bitcoin and crypto traders are scrambling to get ahead of what could become a full-blown bitcoin and crypto crash

Bitcoin Suddenly Plunges As Panic Selling ‘Accelerates' Price Crash Fears

"Extreme fear" grips crypto and metals while U.S. equities show resilience ahead of key earnings

Bitcoin drops below $70,000 as crypto selloff deepens before U.S. equity market opens

Bitcoin is now approximately 20% below its estimated average production cost, historically a feature of a bear market.

Miner capitulation is back as bitcoin's $70,000 price fails to cover $87,000 production costs

Investor Cathie Wood is amassing crypto stocks amid a downturn that saw Bitcoin (BTC) plunge to its lowest price since 2024. Ark Invest's trade disclosures show Wood's funds bought additional shares in crypto-related firms as Bitcoin dips below $80,000. The company now holds $3.

ARK Invest Bets $60,900,000 on Seven Crypto-Related Stocks As Bitcoin Price Falters

Stifel analysts predict bitcoin could fall to $38,000 using an analogy of the movie "The Curious Case of Benjamin Button" to explain the bearish forecast.

Stifel predicts bitcoin crash to $38,000. Yes, you read it right.

Analysts see routine treasury management as Bhutan moves Bitcoin to a market maker while the crypto trades 44% below its all-time high.

Bhutan Transfers $22M in Bitcoin Amid Market Downturn

US spot bitcoin ETFs posted $544.94 million in outflows Wednesday as the world's largest cryptocurrency continued to slide.

Spot bitcoin ETFs register second consecutive day of outflows totaling $545 million

Analysts say the move looks driven more by short covering than fresh buying, with spot demand soft and stablecoin balances on exchanges drifting lower.

Bitcoin climbs back above $71,000 as tech selloff pauses

A crypto strategist who accurately predicted Bitcoin's current downtrend says BTC may now be gearing up for a countertrend rally. Analyst Benjamin Cowen tells his 1.1 million followers on X that he sees Bitcoin sparking a rally very soon after plummeting to the low $70,000 range. “BTC just dropped below the April 2025 low.

Analyst Benjamin Cowen Expects Bitcoin Bounce After BTC Drops to $73,000 – But There's a Catch

Economist Peter Schiff questioned on Wednesday President Donald Trump's push to make the U.S. the “world capital” of Bitcoin (CRYPTO: BTC), arguing that Beijing couldn't care less about the leading cryptocurrency. China Not Bothered About Bitcoin, Says Schiff In an X post, Schiff slammed Trump's oft-repeated argument that the U.S. must dominate cryptocurrency and blockchain technology to stop China from getting ahead.

Trump's Crypto Competition With China Futile, Says Peter Schiff: 'Chinese Leadership Is Too Smart To Care About Bitcoin'

Bitcoin plunged below $70,000 for the first time since November as the broad selloff dragged total crypto capitalization to $2.47 trillion. Some experts warn of deeper corrections toward $67,000, while others frame the drop as a healthy reset, predicting eventual new highs in 2026 amid volatility.

Bitcoin Freefall: $70,000 Support Shatters as Bears Take ‘Firm Control'

Bitcoin developers largely dismiss quantum computing as a near-term threat to network security, according to an index of public statements compiled by Nic Carter.

Nic Carter Maps Developer Views on Quantum Threats to Bitcoin Security

Tron

TRX has outperformed much of the crypto market this year, slipping only about 1.3% versus bitcoin's nearly 19% decline.

Justin Sun says 'keep going' on Tron Inc's TRX buys as the token outperforms bitcoin

Bitcoin was on the cusp of breaking below the key $70,000 level on Thursday as a slide in the world's largest cryptocurrency showed no signs of stopping.

Bitcoin slumps with key $70,000 level in sight

Wallet data shows the Royal Government of Bhutan moving bitcoin to trading firms and exchanges for the first time in months, as markets slide and volatility spikes across crypto and metals.

Bhutan moves bitcoin to trading firms and exchanges as BTC drops to nearly $70,000

During Asian trading hours, BTC hit a low of $69,101 on Bitstamp.

Bitcoin slides below $70,000 on Bitstamp

Crypto-related stocks also fell on Wednesday, with Coinbase shares closing down 6.14% and Bitmine dropping 9.17%.

Bitcoin slides below $71,000 to lowest level since October 2024

It is the same setup Michael Burry warned about this week, when he said falling crypto collateral can force metal selling in a feedback loop.

Silver's 17% plunge reignites market behaviour that once topped bitcoin

SkyBridge Capital CEO Anthony Scaramucci maintained his bullish outlook on Bitcoin (CRYPTO: BTC) on Wednesday, despite the leading cryptocurrency's continued slide. Scaramucci's Advice For Those Chasing Quick Gains In an X post, Scaramucci stressed that long-term success in Bitcoin depends on risk management and maintaining financial stability.

Anthony Scaramucci Says Bitcoin Doesn't Reward 'Being Early,' But Rather Those Who Are 'Psychologically Intact'

Bitcoin slid below the $71,000 mark in Asian hours Thursday as a renewed selloff in global technology stocks spilled into crypto markets, undercutting hopes of a sustained rebound after last week's volatility.

Bitcoin slips below $71,000 as AI-driven tech rout

The latest decline reflects a broader unwind in leverage, with investors reassessing Bitcoin's short-term role as an inflation hedge.

Bitcoin Extends Selloff as Macro Pressures and Leverage Unwind

On-chain data points to fading demand and tighter liquidity, while prediction markets show little expectation of near-term rate cuts.

News for Bitcoin Crypto (BTC)