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Bitcoin Has Longest Losing Streak Since August in Bruising Week
Bloomberg61d agoneutral
Bitcoin Has Longest Losing Streak Since August in Bruising Week

(Bloomberg) -- Bitcoin posted its longest losing streak since August, weighed down by liquidations of bullish bets and this week’s rare sale of tokens by the dominant corporate buyer. Most Read from BloombergGlazer Family Members Study Manchester United Stake SaleRepublican-Led House Votes to Stop Iran War, Rebuking TrumpTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborDow Average Hits Peak as Old-School Stocks Beat AI: Markets WrapBroadcom Slides by Most in More Than a Year on AI Out

Bitcoin’s Break With Tech Widens After Strategy’s Sale Feeds Rout
Bloomberg63d agoneutral
Bitcoin’s Break With Tech Widens After Strategy’s Sale Feeds Rout

(Bloomberg) -- Bitcoin’s selloff extended into Wednesday after Strategy Inc.’s sale of a tiny portion of its massive cryptocurrency stockpile rattled sentiment and widened the token’s divergence from record-setting technology shares.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtTrump Begins Rebuilding His Tariff Wall Citing Forced LaborCanada Dips Into Technical Recession for First Time Since 2020T

Bitcoin Tumbles Below $70,000 for First Time in Two Months
Bloomberg64d agoneutral
Bitcoin Tumbles Below $70,000 for First Time in Two Months

(Bloomberg) -- Bitcoin dipped below $70,000 for the first time in almost two months, as concerns about the conflict in Iran and selling by major holder Strategy Inc. dented investor appetite.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Alphabet to Raise $80 Billion in Equity for AI SpendingUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedAndrew Left Found Guilty in Case That Spoo

Mark Cuban Sold Bitcoin—Strategy CEO Says He Simply Found The 'Next Best Thing'
Benzinga68d agoneutral
Mark Cuban Sold Bitcoin—Strategy CEO Says He Simply Found The 'Next Best Thing'

Strategy Inc. (NASDAQ:MSTR) CEO Phong Le pointed out the differing strategies between traders and long-term investors on Thursday, responding to Mark Cuban's recent decision to sell his Bitcoin (CRYPTO: BTC). Jumping To The ‘Next Thing’ During a Fox Business interview, Le was asked about the billionaire investor’s move, which surprised many in the cryptocurrency community. After all, Cuban is the same person who once aggressively endorsed Bitcoin as a hedge against inflation, only to sell “most”

Bitcoin, Dogecoin Flat, While Ethereum, XRP Sink Amid Hotter-Than-Expected Consumer Inflation: Analyst Sees No BTC 'Exhaustion,' Targets This Range
Benzinga84d agoneutral
Bitcoin, Dogecoin Flat, While Ethereum, XRP Sink Amid Hotter-Than-Expected Consumer Inflation: Analyst Sees No BTC 'Exhaustion,' Targets This Range

Leading cryptocurrencies struggled alongside major stock indexes on Tuesday after consumer inflation rose more than expected in April. Cryptocurrency24-Hour Gains +/-Price (Recorded at 9:15 p.m. EDT)Bitcoin (CRYPTO: BTC)-0.59%$80,908.89Ethereum (CRYPTO: ETH) -1.62%$2,288.88XRP (CRYPTO: XRP) -2.15%$1.44Solana (CRYPTO: SOL) -2.26%$94.99Dogecoin (CRYPTO: DOGE) +0.08%$0.1112 Crypto Market Stagnates Bitcoin dived below $80,000 during the afternoon, but recouped gains late in the evening. $82,000. Eth