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By George GloverInvestors will wake up this morning to see crypto stocks falling — but it's best to put that down to unfortunate timing, rather than a fresh digital-asset selloff.Shares in major Bitcoin investor Strategy fell 3.3% in early trading. Crypto exchange Coinbase Global slipped 4%, and onl…
By Gunjan BanerjiSome traders scrambling to pinpoint the cause of the Thursday market selloff have pointed to bitcoin bets.The cryptocurrency's price started falling midday Thursday. Stocks soon followed.Many traders have amped up bullish bitcoin trades with leverage, borrowing money to turbocharge …
By Vicky Ge HuangBitcoin extended its declines below $87,000 Thursday, with traders continuing to wrestle with persistent macroeconomic uncertainty.The largest cryptocurrency recently traded at around $86,500, down more than 30% from a peak above $126,000 set on Oct. 6.Bitcoin has dropped about 20% …
Andrew BaryStrategy has tried in vain to get included in the S&P 500 index, and now the big Bitcoin holder could find itself bounced from MSCI indexes.MSCI, a major provider of global equity indexes, said in October that it plans to review the status of digital asset treasury companies in its indexe…
By Ian SalisburyWhile shares of Bullish have been hit hard recently, the stock still resembles something closer to a casino chip than a buy-the-dip value play.Bullish, owner of the crypto trading and information site CoinDesk, was one of the year's hottest initial public offerings in August. Shares,…
By Vicky Ge Huang and Caitlin OstroffThe rally in crypto prices this year was boosted by a large heap of debt, with traders using leverage to amplify their gains. Now, after a punishing selloff in the past two weeks, the dangers of those bets are becoming apparent.Investors have never had more ways …
A new wave of risk aversion and downturn in tech stocks have prompted previously reliable sources of support for bitcoin to flee the cryptocurrency, Tickmill Group's Patrick Munnelly says in a note. Major investment funds, exchange traded fund investors, and corporate treasuries have retreated from …
CoinDesk Bitcoin Price Index is down $3441.74 today or 3.39% to $98076.07Lowest 4 p.m. level since May 7, 2025 when it traded at $96207.35Largest percentage decrease since Nov. 4, 2025, when it dropped 5.57%Down three consecutive days, down 7.47% over this periodWorst three day stretch since the thr…
By Vicky Ge HuangBitcoin slid below $100,000 on Thursday, weighed down by macroeconomic uncertainty and selling pressure from long-term holders.The largest cryptocurrency traded at $98,076 as of 4 p.m. ET, its lowest 4 p.m. level since May, according to Dow Jones Market Data. It was down about 22% f…
Ethereum is down $242.57 today or 7.09% to $3180.07Lowest 5 p.m. level since July 15, 2025 when it traded at $3044.00Largest percentage decrease since Nov. 4, 2025, when it dropped 10.73%Down three of the past four daysDown 17.6% month-to-dateDown 4.92% year-to-dateDown 35.82% from its all-time intr…
By Terell WrightShares of Robinhood Markets fell after the brokerage rolled out a cash delivery service for a fee.Shares slid 9.3% $120.58 on Thursday, though are up more than threefold year to date.Robinhood has tapped food-and-drink delivery company Gopuff for the service to drop off cash withdraw…
By George GloverBitcoin slid deeper into bear market territory in Thursday trading, down 22% from its recent intraday high of $126,272 it hit in October. The crypto entered a bear market on Nov. 4 when it fell 20% below that high for the first time.Ethereum was down 6%, Solana slid nearly 7%, and XR…