Bitcoin price climbed back above $60,000 on Wednesday, lifting Bitcoin treasury stocks, with Strategy (MSTR) and Strive (ASST) surging more than 10% intraday.
Bitcoin price has fallen to around $61,500—down more than 50% from its October 2025 peak—dragging crypto-related stocks even lower in the broader market sell-off.
Bitcoin price climbed above $65,000 as easing ETF outflows and a U.S.-Iran peace deal provided support, while a hawkish Fed under Chair Kevin Warsh and rising rate-hike expectations continued to pressure risk assets.
Bitcoin price plunged below the Bitcoin Rainbow Chart’s lowest “Basically a Fire Sale!” band for only the second time since the FTX collapse, while the Fear and Greed Index sank to 12.
Bitcoin price fell below $68,000 as geopolitical tensions between the U.S. and Iran, driven by President Donald Trump’s warnings, rattle global markets.