Bitcoin’s New Normal: Prices Over Five-Digits for 28% of Its Lifetime
Over the past week, bitcoin has declined by 4% against the U.S. dollar from June 9 to June 16, 2024, yet it has surged over 152% in the past year. This year, bitcoin has maintained a position above the $60,000 mark for a...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
Chainlink SVR generates $4M in revenue last week, $12M year-to-date
Chainlink's SVR success highlights the growing importance of oracle solutions in DeFi, but reliance on Aave poses significant conc...
Strategy Sells 3,588 Bitcoin to Fund Dividends as Saylor’s Treasury Model Meets Its First Real Test
Strategy (MSTR), the Michael Saylor–led company that turned corporate bitcoin accumulation into a Wall Street phenomenon, disclose...
Strategy dumps 3,500 BTC in largest sale… yet
Michael Saylor’s Strategy (formerly MicroStrategy) has sold 3,588 BTC for $216 million. His average sale price was approximately $...
Bitcoin dominance hits one-month low as altcoin winners start breaking away
Bitcoin's dominance dropped to a one-month low of 54%, down from 58.12%, according to CoinGecko's dominance table. Over the same s...
Strategy faces $8.3 billion Bitcoin Q2 loss as Saylor sells over $200M in BTC
Strategy’s largest Bitcoin sale in years has put new pressure on the corporate treasury model that made Michael Saylor one of the...
Blackrock’s IBIT Sees $773 Million Weekly Exit as Bitcoin ETFs Lose $527 Million
Bitcoin and ether funds closed the week in the red for an eighth straight week. Altcoin ETFs, however, showed more resilience, wit...