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Bitcoin ETFs were supposed to make selloffs less painful. That theory is being put to the test
Crypto investors had hoped that increased institutional adoption and a friendly administration in Washington could help bitcoin, the world's largest cryptocurrency, break free from the boom-bust cycles that have plagued it for much of its existence. But bitcoin's performance during the first half of 2026 has defied those expectations. The cryptocurrency has fallen into a deep drawdown, recently trading at less then half of its peak near $126,273 reached in October. Since the start of the year, bitcoin (BTCUSD) has fallen by 33%, to about $58,647 on Tuesday, putting it on track for its worst first half of a year since ... (full story)
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Bloomberg Intelligence's James Seyffart joins Isabelle Lee on "Bloomberg Crypto." Bitcoin’s biggest institutional sources of demand are faltering at the same time, leaving the cryptocurrency increasingly exposed as ETF investors pull money at a record pace and questions persist over the financing playbook behind its largest corporate buyer.
From finance.yahoo.com | 15 hr ago
Bitcoin slid below $60,000 on Tuesday, putting the token on track for its worst monthly performance since June 2022. The world's largest cryptocurrency has had a dismal first half of the year, sheding 33% year-to-date compared with the broader S&P 500's gain of 8%. It was set to end June down more than 19%. Bitcoin has been in a sustained downward trend ...
From thestreet.com | 10 hr ago
Bitcoin has remained under pressure since June 24, when it fell below $60,000 as investors retreated from risk assets. Selling intensified on June 25, sending Bitcoin below $59,000 for the first time since September 2024 and dragging the broader cryptocurrency market lower. The total crypto market capitalization has since fallen to about $2.01 trillion, ...
