Bitcoin

Bitcoin is a new electronic payment system that removes the need for third party financial institutions. It speeds up transactions while reducing costs and minimizing the potential for fraud. The name “cryptocurrency” points to how it uses “cryptographic proof” to work, AKA a blockchain.

Bitcoin’s concept was first introduced in 2008 when a person going by the pseudonym Satoshi Nakamoto shared a white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System.” In January 2009, the Bitcoin blockchain was launched. 

A new electronic payment system called Bitcoin removes the need for third-party financial institutions. It speeds up transactions while reducing costs and fraud-risk. The name “cryptocurrency” points to how it uses “cryptographic proof” to work, AKA a blockchain.   

Bitcoin has a finite supply of 21 million, which is expected to be reached by the year 2140. Currently, 18.8 million are circulating in the market. Note that Bitcoin represents the concept of the network, while bitcoin (lower-case ‘b’) represents the currency.

Bitcoin is one of the most well-known cryptos as it was the first decentralized currency. 

Currently, BTC’s dominance is above 40%. Bitcoin Dominance is a measure of how much of the total market cap of crypto is made up of Bitcoin. Bitcoin’s influence in the crypto ecosystem could be vulnerable to competition as alternative coins grow in popularity and utility.

Open interest has risen to 773,000 BTC, one of the highest readings on record, while funding rates remain elevated despite weak spot demand and growing market fear.

Bitcoin derivatives markets flashing warning signs as price plunges below $70,000

Bitmine Immersion Technologies chairman said minor sales from key holders and institutional outflows are typical market bottom behaviors rather than structural threats.

Tom Lee calls Strategy's bitcoin sale classic bottom behavior

Bitcoin (CRYPTO: BTC) broke below $70,000 on Tuesday, dropping 2.5% as spot ETFs opened the week with $483.76 million in outflows on Monday. Four Straight Weeks Of ETF Outflows With No Sign Of Stopping Weekly ETF outflows ran at $1.00 billion on May 15, $1.26 billion on May 22, and $1.42 billion on May 29.

Bitcoin Plunges Below $70,000, ETFs Saw $480M Outflows On Monday: What Is Going On?

Bitcoin BTC$69,425.74 slipped below $70,000 for the first time in two months, leaving cryptocurrency markets vulnerable ahead of a week of important U.S. economic data that could determine the direction of the next move for risk assets.

Bitcoin's slide may have more to do with AI than Strategy

Strategy sold 32 bitcoin that represent 0.004% of total holdings. The numer es tiny and the company isn't at risk, but it's signaling its commintment to its investors.

Strategy Sells Bitcoin To Signal Its Commitment To Preferred Holders

Bitcoin is on the brink of a massive price crash

Bitcoin Is Suddenly Braced For A Devastating Price Crash

Polymarket is facing continued backlash from traders who bet on "Yes" in a market asking whether Strategy would sell any bitcoin by May 31.

Polymarket faces backlash over disputed Strategy bitcoin sale market

The price of bitcoin fell to its lowest since April 7 as Strategy's sale dented sentiment, while AI tokens H and NEAR surged and DeFi TVL hit a 20-month low.

Bitcoin drops toward $69,000 as Saylor sale spooks investors while AI tokens buck the trend

Bitcoin dropped below $70,000 to an eight-week low of $69,390, wiping out $4,000 in value over 48 hours and temporarily pushing its market cap below $1.4 trillion.

Bitcoin Traders Lose $455M on Long Bets as BTC Dips Below $70,000

Interactive Brokers strategist Steve Sosnick says crypto's recent wobble has exposed a “ crypto tourist” problem where money that chased performance on the way up is now heading for the exits.

Sosnick Warns Crypto's ‘Tourists' Are Cashing out as Bitcoin ETFs Bleed $1.42 Billion

Anthony Pompliano, CEO of Professional Capital Management, stated on Monday that selling pressure on Bitcoin (CRYPTO: BTC) appears to be easing, pointing to on-chain data from Binance Research. ‘Sustained Long-term Holder Conviction' In a video posted on X, Pompliano cited four key data points to back his thesis.

Anthony Pompliano Says Bitcoin Sellers Are 'Starting To Be Exhausted' As BTC Plunges Below $70,000 After Late Monday Crash

The S&P 500 climbed 0.26% to a record close of 7,599.96, opening the month with fresh all-time highs across major U.S. indexes, even as bitcoin slipped and trailed the equity rally. Tech Leads Indexes to Fresh Records U.S. equities began June on a solid note, as the S&P 500 rose 0.

S&P 500 Closes at Record 7,599 as Stocks Outrun a Lagging Bitcoin

Mt. Gox transferred a combined 10,306 BTC to an unmarked address and its hot wallet early Tuesday, according to Arkham.

Mt. Gox moves $739 million worth of bitcoin to two addresses: Arkham

U.S. spot bitcoin funds bled cash for 11 straight sessions through Monday, the longest redemption streak since their 2024 launch, as risk dollars rotated toward an AI-led equities rally.

Bitcoin's biggest ETF selloff yet hits $3.4 billion as AI stocks keep climbing

The 04:47 UTC Bitcoin block 952,072 transaction moved coins from Mt. Gox cold storage into a freshly generated address, with a smaller 116-bitcoin slice routed to the defunct exchange's hot wallet.

Mt. Gox moves 10,422 bitcoin worth $739 million to a new wallet as deadline nears

Dampened hopes for an improved macroeconomic environment have led institutions to move from crypto ETFs to AI stocks, an analyst said.

Spot bitcoin ETFs extend negative streak, following $2.4 billion monthly outflows in May

BTC fell 3.4% in 24 hours to below $71,000, the lowest level in weeks, as Monday's 8-K filing disclosing Strategy's first publicized bitcoin sale continued to weigh.

Bitcoin slide to $70,000 as stocks pause and Strategy's BTC sale weighs on crypto

A $79 million market hinges not on whether Michael Saylor's firm sold bitcoin, but on whether a sale disclosed June 1 can count toward a deadline that passed May 31.

Strategy sold bitcoin in late May, and told the market in June. Here's how Polymarket bettors are fighting over when it counts.

Analysts said the size of Strategy's bitcoin sale was relatively trivial, but sent a bearish signal to the broader market.

Bitcoin slides toward $70,000 as Strategy's BTC sale, geopolitical risks weigh on crypto

Dogecoin

Ethereum

Leading cryptocurrencies plunged on Monday, while stocks extended their rally as President Donald Trump intervened to calm tensions between Israel and Hezbollah in Lebanon. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:15 p.m.

Bitcoin, XRP Fall, Ethereum, Dogecoin Flat As Israel-Hezbollah War Threatens Iran Deal: 'Critical' Cluster Could Decide BTC's Next Move, Says Analyst

Strategy's 32 BTC sale is not triggering widespread selling pressure, according to an analysis shared by Cryptoquant, but weakening profit indicators suggest investor confidence is fading as fear gains ground across the bitcoin market.

Analyst Says Strategy's BTC Sale Is Not Bearish Despite Rising Bitcoin Fear

CME Group has launched 24/7 crypto futures and options trading on its CME Globex platform.

CME Group Goes Live With 24/7 Crypto Futures and Options, Launches Bitcoin Volatility Contracts

Polymarket users are waiting for a resolution on whether Strategy's Bitcoin sale took place before the end of May—with over $50 million bet so far.

Strategy's Bitcoin Sale Timing Throws $50 Million Polymarket Bet Into Dispute

A federal judge dismissed Swan Bitcoin's entire lawsuit against Proton Management Ltd. and its employees on June 1, 2026, after Swan admitted in parallel UK proceedings that it never owned the mining assets and trade secrets at the center of its claims.

Swan Bitcoin Drops Federal Lawsuit Against Proton After UK Court Concession Kills Its Core Claims

Bitcoin (CRYPTO: BTC) dipped below $71,000 for the first time in weeks on Monday, prompting critics to point out persistent weakness compared to equities. Schiff Says Nasdaq Strength Makes Bitcoin's Weakness Worse Peter Schiff pointed to the divergence between Bitcoin and equities as a warning sign.

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