Price

Shares of Strategy, Inc. (MSTR) and Coinbase (COIN) jumped on Wednesday, marking a sharp rebound for the Bitcoin proxies after months of losses. 

Bitcoin price rebounds from months of losses as institutional demand, defensive trading, and moderation in long-term outflows support the market.

Strategy (MSTR) surged on Wall Street after bitcoin’s rally, despite holding the largest short interest — about 14% of its $41.6 B market cap — among $25 B+ global equities.

The bitcoin price is hovering around $67,000 in a tight, bearish-leaning range as macro uncertainty limits momentum.

Bitcoin price has fallen roughly 50% from its all-time highs, with over $1 billion in liquidations recorded in the past 24 hours.

Bitcoin’s price crashed sharply on Thursday, sliding through critical support and dipping near $66,000 in volatile trading.

The bitcoin price crashed to $69,000 in trading Thursday as a deepening selloff in global markets spilled into crypto markets.

Bitcoin fell 13% last week after bears decisively broke $84,000 support, pushing prices to $75,600 before a minor recovery to $76,919 close. The loss of the 100-week SMA signals bear market confirmation, with resistance now at former support levels.

Bitcoin plunged below $75,000 this weekend amid liquidations and retail panic.

The bitcoin price erased a rally above $90,000 in less than 24 hours as it dumped to $84,000.