Analysis
Analysis of previous Bitcoin bottoms suggests more pain to come
The data puts a bottom price of $13,800 on Bitcoin, but the extraordinary times we are living could result in a more severe drawdown.
Samuel Wan 3 min read
BTC
Bitcoin news today
The latest Bitcoin news today — live BTC price updates, mining developments, halving cycles, ETF flows, and institutional adoption headlines. CryptoSlate’s editorial team covers Bitcoin around the clock, from on-chain data and technical analysis to regulation and macro context, with breaking stories added throughout the day.
Bitcoin Price $77,289.10
Coverage footprint 31.5%
News sentiment 41 /100
Top Bitcoin Stories
Mining
Bitcoin miners are forced to sell to cover operating costs
In May, a BTC sell-off trend for its miners began as its price fell to an 18-month low. More miners are forced to sell as the Bitcoin prices continue their downtrend and the electricity fees increase.
Analysis
Bitcoin could be a panacea for income inequality, says Forbes
Bitcoin emerges as a way to rescue the world's economy as the inflation continue to increase and the income gap widens.
Latest Bitcoin News & Analysis
People
Saylor goes full maxi, slamming everything that isn’t Bitcoin
Saylor listed three things that weigh down on Bitcoin, one of which is the cross-collateralization of altcoins, which he deems unregistered securities.
Analysis
Crypto AuM at lowest point as investors buy the Bitcoin dip
CoinShares revealed there were clear signs of investors buying the dip as Bitcoin saw inflows of $28 million.
People
Elon Musk denies shilling crypto, reaffirms support for DOGE
Musk said he never encouraged people to buy cryptocurrencies, but continues to support Dogecoin as a favor to his workers.
Analysis
Bitcoin investors see record realized loss of $7B amid downturn
Glassnode report highlighted that some long-term investors sold their Bitcoin holdings at a loss after buying the asset when it was trading for $69k
Adoption
El Salvador’s President says ‘Bitcoin will pick up, don’t worry and enjoy life’
El Salvador's President Nayib Bukele assured the crypto community that Bitcoin will heal and rise to new high levels and advised them to trust the process and enjoy life.
Adoption
Price volatility strengthens public opinion against Bitcoin in El Salvador
Recent volatility has cast further doubt on the Bitcoin experiment, but El Salvador's risk exposure remain low.
More Bitcoin News Headlines
Analysis
Bitcoin Suisse Director says crypto market is forming a bottom
Analysis
Recent volatility sees Bitcoin Stock-to-Flow model breached for the first time
Price Watch
Bitcoin tumbles to $18k, trades below previous cycle’s ATH first time in history
Analysis