
Bitcoin must defend $62,500 as altcoins lose $8.8 billion in a week
Bitcoin’s defense of $62,500 will set the tone for a fragile altcoin market, with ETH, HYPE and leveraged traders exposed to another unwind.
Stay on top of crypto market news, price action, sector moves, sentiment shifts, and the biggest developments moving digital assets.
Topic stats

Bitcoin’s move toward $69,000 would put XRP near $1.20, with renewed strength against BTC opening a path toward $1.26.

SPCX has erased its opening rally, but leveraged positions remain elevated before employees and early investors gain the right to sell.

BTC must absorb selling from older and newer investors before challenging nearly $4.5 billion in call open interest between $70,000 and $80,000

A 2028 start depends on FIEA enforcement landing in 2027, while eligible assets and product approvals face separate gates.

Bitcoin’s multi-year supply handoff is nearing completion as the wave of old coins reactivated during 2024 and 2025 fades.

BlackRock spot funds remained profitable through the selloff, but its 2030 target depends on businesses beyond Bitcoin and Ethereum.



