Gold has lost part of its old safe-haven image as its price action now moves closely with risk assets such as Bitcoin and the S&P 500, according to economist Robin Brooks. According to Brooks, gold no longer behaves like the…
Strategys STRC hit a record low as Bitcoin fell below $60K, pressuring MSTR shares and its preferred stock structure.
The post Strategy’s STRC sinks to record low as Bitcoin selloff drags crypto market lower appeared first on Crypto Briefing.
Bitcoin has fallen to nearly $59,000 after dropping more than 20% in a week, prompting Michael Saylor to respond publicly after CNBC host Jim Cramer blamed him for the cryptocurrency’s latest selloff. Posting on X as Bitcoin (BTC) slid below…
Digital asset treasury companies have come under fresh pressure as the crypto market slump has pushed major bitcoin, ether, and Solana holders into large unrealized losses. Artemis data shows that Hyperliquid-focused treasury firms are the only major group still holding…
Crypto markets endured further pressure this week as the sell-off spread to some of the industry’s largest digital asset treasuries (DATs). As of Friday, Bitcoin (BTC) had slipped back below $60,000 for the first time since 2024, Ethereum (ETH) was trading around $1,550, and Hyperliquid (HYPE) was near $57. While the declines weighed on the broader market, the impact has been most visible in the large treasury companies associated with BTC and ETH—specifically Strategy (MSTR) and Bitmine (BMNR). Hyperliquid Strategies (PURR), however, has continued to post gains on an unrealized basis, highlighting how its performance still outpaces the market’s major benchmarks. Hyperliquid Strategies Avoids The Worst With $1.2B Gains According to Artemis data, Strategy and Bitmine are carrying significant unrealized losses of about $12.8 billion and $10.3 billion, respectively. In contrast, Hyperliquid Strategies is positioned differently. Artemis data further indicates that Hyperliquid Strategies
Bitcoin (BTC) accelerated its decline on Friday, falling to roughly $59,685—the lowest level seen since October 2024, when US voters were preparing for the November presidential elections of that year. The sell-off has now spilled beyond BTC itself, dragging the wider crypto market lower and wiping out more than $2 trillion of value since the […]
SpaceX's delayed S&P 500 inclusion highlights the tension between traditional index criteria and the evolving landscape of megacap IPOs.
The post S&P 500 delays fast tracking SpaceX inclusion by at least a year appeared first on Crypto Briefing.
Bitcoin price has fallen below $60,000 after a stronger-than-expected U.S. jobs report prompted traders to scale back expectations for Federal Reserve rate cuts and price in a higher probability of policy tightening later this year. According to data from crypto.news,…