Bitcoin continued its downward trajectory, dropping toward the $62,000 mark as a deepening selloff in semiconductor stocks weighed on risk assets for a second consecutive day. The leading
Bitcoinâs price may be nearing its bottom, with a widely watched contrarian indicator suggesting that limited downside remains despite an imminent bearish signal from long-term moving averages.
Bitcoinâs recent decline deepened as a dramatic sell-off in SpaceX, which erased $600 billion in market value, sent shockwaves through the technology sector and heightened concerns over the
Bitcoin has fallen below $60,000, marking its weakest price level since late 2024, according to a Deutsche Bank analysis that attributes the decline to three converging pressures: a hawkish Federal
Tanya Denisova, the former chief operating officer of Robinhood Crypto, has joined Agora, a stablecoin issuer, as its new head of operations. In this role, Denisova will oversee day-to-day operations