Alberta Investment Management Corp holds $160M in Strategy shares, marking first Bitcoin-linked bet by a Canadian province

Bitcoin trades near $61,739 after testing $60,420 as Saylor hints at more buys and traders weigh AI capital rotation pressure.

Escalating US-Iran tensions risk destabilizing global oil markets and intensifying regulatory scrutiny on cryptocurrencies amid geopolitical conflicts. The post Iran launches drones toward Strait of Hormuz as US shoots down four, Bitcoin slides below $73K appeared first on Crypto Briefing.

Bitcoin closed the week of June 5, 2026 down by almost 20%, its highest single-week percentage decline since the collapse of FTX in November 2022. The last time the market saw a candle this red, it was during the cycle bottom.  This time, however, the current setup is more complicated, as Bitcoin is reacting to a combination of institutional selling pressure, ETF weakness, and fading confidence after a failed recovery attempt above $82,000. Related Reading: XRP Monthly RSI Drops To All-Time Low As Market Watches For Confirmation Bitcoin’s Drop Brings Back The FTX Comparison Bitcoin’s price action in the first week of June was one of its most notable weeks in history. BTC opened the week around $73,760, briefly pushed as high as $74,092, and then fell to a low of about $59,130, according to data from TradingView.  The move translates to a decline of about 19.5% from the weekly open to the low and 20.1% from the high to the low, making it Bitcoin’s worst weekly percentage drop since the

Bitcoin ( BTC) is trading at $61,822 on June 7, 2026, at 8:35 a.m. EDT, caught between a deeply oversold momentum reading on shorter timeframes and relentless selling pressure from moving averages across the daily chart. The technical picture this weekend is mixed but carries a clear bearish lean, with the $63,000 level standing as […]

The US Bitcoin spot ETF market has carried its bearish momentum into June, recording substantial capital withdrawals during the first trading week of the month. The latest outflows come after a difficult May, as investor sentiment around Bitcoin continues to worsen amid strong macroeconomic uncertainty. Related Reading: Bitcoin Drops To $59,000 For First Time Since […]

Bitcoin’s recent correction continues to shake market confidence, with the premier cryptocurrency enduring an intense selling pressure over the past several weeks. Since May 15, Bitcoin has steadily declined by 26.8%, with price now trading around the cycle bottom at $60,000. Despite the ongoing market weakness, it appears the latest decline may have pushed Bitcoin into one of its most attractive accumulation zones in years. Related Reading: Ethereum Golden Triangle Survives As Structure Remains Unbroken, This Target Says $10,000 Is Coming Power Law Model Produces Rare Bitcoin Undervaluation In a recent post on X, popular market analyst Darkfost highlighted a significant development in Bitcoin’s long-term valuation metrics. According to the analyst, the digital asset has now fallen into an extreme undervaluation zone based on the widely followed Bitcoin Power Law model. For context, the Power Law model is a long-term valuation framework that tracks Bitcoin’s growth trajectory. Rather t

This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week with a comment on each story. Bitcoin capitulated below its 200-week moving average with […]

LAB, H, and BEAT are today's top gainers, having surged by double digits.