The jubilation from Bitcoin reclaiming six figures has been replaced with shock following a steep drop and $646 million worth of liquidated derivatives contracts.
Late last night the Bitcoin price slid below $100,000 after having only reached it for the first time in 2025 the day before. Then the bad news got worse.
In the past 24 hours, Bitcoin has sunk all the way below $93,000 and hasn’t shown much upward momentum. What gives? To hear analysts tell it, traders didn’t like the look of the Federal Reserve’s latest dot plot.
But clever traders will always find a silver lining. The current volatility is “presenting opportunities for strategic positioning rather than a straightforward bullish trend,” 10x Research’s Markus Thielen wrote.
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Finnish Police Seize Luxury Watches Worth $2.6 Million From Hex Founder Richard Heart
Finnish police seized $2.6 million worth of luxury watches from an abandoned Espo residence belonging to Hex founder Richard Heart.
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Elon Musk offered praise for Pierre Poilievre, a Bitcoin advocate and contender for Canadian PM, who wants to cut government spending.
📚 Watch and Learn
📹️ WATCH: How Decrypt is 'Rethinking the Business Model of Media' With Web3 and Decentralized Storage
Ilan Hazan, Co-Founder & COO at DASTAN, and Ryan Servatus, Mysten Labs, discuss how innovations in decentralized storage will impact on data resilience, scalability, and media solutions.
🎓️ LEARN: What Is MicroStrategy (MSTR)? The Bitcoin Treasury Company
Software firm MicroStrategy and its co-founder Michael Saylor have become synonymous with Bitcoin. Here’s everything you need to know.
