3h ago
Bitcoin Slides to $64,785 as 86,277 Traders Are Liquidated; Oil Hits $103
Bitcoin fell below $65,000 and printed an intraday low of $64,785 on Bitstamp, before rebounding to $66,778 by 8:25 p.m. Eastern on Sunday. Over the past 24 hours, 86,277 traders were liquidated for $278 million, including $234 million in longs, with more than $100 million in BTC longs and roughly $85 million in ETH longs wiped out. The broader crypto market slipped 0.58% to $2.28 trillion as U.S. stock futures turned lower and oil rose to $103.
BTC
BTC+0.92%
3h ago
13h ago
Tom Lee Cites $56B Bitcoin ETF Inflows, Argues BTC Is a Better Hedge Than Gold
Since the rollout of Bitcoin exchange-traded funds, about $56 billion has entered BTC-focused products, a shift Bitmine CEO Tom Lee says is reshaping how large investors think about preserving wealth. At the Futu Investment Exhibition, Lee challenged gold’s inflation-hedge reputation and said historical data shows gold has lagged inflation roughly 48% of the time over the past 55 years.
BTC
BTC+0.92%
13h ago
13h ago
Saylor Highlights STRC “Safe Haven” as Bitcoin Tries to Hold $67,000 Weekly Close
Bitcoin remained volatile heading into the weekly close, trading around $66,500 after falling more than 8.5% over the past two weeks and attempting to reclaim $67,000. Michael Saylor promoted Strategy's perpetual preferred shares STRC (Stretch), saying its 30-day volatility was 2% while offering an 11.5% annual dividend yield since March 2026. He also said STRC is being used as a key funding route to buy BTC during pullbacks, with a longer-term goal of reaching 1 million BTC.
BTC
BTC+0.92%
13h ago
15h ago
Bitcoin Stays Above Short-Term Holder Realized Price as Sell Pressure Eases
Bitcoin is trading around the $66,000 area and remains above the short-term holder (STH) realized price, a level some analysts view as important for near-term sentiment. The market has been in a drawdown since October 2025, with BTC down 52% from the cycle's all-time high, while on-chain metrics cited by CryptoZeno point to softer selling pressure. At press time, BTC was $66,748, up 1.04% in 24 hours, as daily volume fell 53.48%.
BTC
BTC+0.92%
15h ago