Bitcoin

Bitcoin price ripped above $90,000 today on news of a new wave of Wall Street–engineered crypto products. 

MSCI’s move to exclude Bitcoin treasury companies is shortsighted, unnecessary, and undermines the neutrality investors expect in global benchmarks.

The Bitcoin price has fallen over 30% since October, dropping another 1% overnight to around $87,000 amid a nearly two-month drawdown.

A Hong Kong man was sentenced to seven years in Canada for participating in a violent, sexually abusive home invasion that stole $1.6 million in Bitcoin from a British Columbia family.

Bitcoin price rebounded to $86,000 after lows of $80,915 last week. Deutsche Bank, Anthony Popliano and Fed Governor Christopher Waller all added some nuance to the recent volatility. 

Bitcoin price plunged to $83,000, hitting FTX-era stress levels, as short-term holders capitulate and market volatility spikes.

Bitcoin Price Under Pressure as LTHs Distribute: Rising VDD Multiple & Falling Long-Term Holder Supply Show No Capitulation Yet.

Billionaire investor Ray Dalio reaffirmed his cautious view on Bitcoin, saying he’s held only about 1% of his portfolio in BTC for years due to what he sees as structural hurdles limiting its viability.

VanEck analysts report that Bitcoin’s recent selloff is driven by mid-cycle holders, while long-term whales continue to accumulate.

Crypto markets extended their retreat today as the Bitcoin price hovered near a seven-month low at $88,890 — down 4% on the day and trading near the bottom of its weekly range.