Bitcoin crashes amid 2026 crypto market selloff

A single whale bought 1,656 BTC worth about $98.9 million almost exactly at this month’s local bottom, then booked roughly $3.5 million in paper profit within two days as bitcoin rebounded. Buying the Exact Bottom The purchase landed as bitcoin carved out its weakest level of 2026, touching an intraday low near $59,100 on June […]

Despite growing optimism that Bitcoin has reached a cycle low, historical cycles suggest another leg down could still be ahead. While rising institutional involvement may reduce the severity of the downturn, a chart shared by a top crypto analyst suggests the cryptocurrency could still be headed for a bottom below $30,000 before a sustained recovery begins.  Bitcoin Cycle Pattern Points To Possible Deeper Low The analyst explains that Bitcoin has followed a repeating pattern across major market cycles, where strong rallies are followed by very deep price declines. In previous cycles, Bitcoin fell about 83.90% after the 2017 peak and about 77.91% after the 2021 peak. These past moves are used as a guide for understanding the current market structure. Related Reading: Analyst Calls Out Stagnant Logic Being Used On XRP, Predicts When Price Will Rally To $300 In the present cycle, Bitcoin climbed above $120,000 during the 2025 bull run before entering a decline. At the time of the analysis

Strive Asset Management has backed efforts to remove capital gains taxes on Bitcoin transactions in the U.S., as its CEO says the firm is actively working with policymakers while lawmakers prepare to review digital asset tax rules. According to Matthew…

SIREN, NEAR, and DeXe follow suit in terms of daily gains, all with double digits.

Singapore's tax policy fosters a favorable environment for crypto investors, potentially influencing global regulatory approaches and investment strategies. The post Singapore’s 0% capital gains tax on crypto makes it a magnet for Bitcoin investors appeared first on Crypto Briefing.

Did SpaceX IPO fever trigger Bitcoin's crash? The capital-rotation theory examined: the evidence for and against, and the honest answer on the $1.8T IPO.

JPMorgan analysts say Strategy’s last week sale of 32 bitcoin unsettled crypto markets and may force Michael Saylor’s company to rebuild its dollar reserves to restore confidence among investors. The warning comes as the bank turns more cautious on crypto, citing weaker capital flows, bitcoin’s break below estimated production cost, and reduced confidence in US […]

Germany's Bitcoin sale highlights the potential for significant opportunity costs in government asset liquidation strategies, influencing future policies. The post German government sold 49,858 Bitcoin for $2.89B at $57,900 average, missing billions in potential gains appeared first on Crypto Briefing.