Live markets: bitcoin's plunge continues, putting February $60,000 low back in play

live Updated 1 minute ago Live markets: bitcoin's plunge continues, putting February $60,000 low back in play Google overnight set an $80 billion capital raise, including $10 billion from Berkshire Hathaway, reflecting the continuing flood of money headed into AI (and not crypto). By Stephen Alpher Make preferred on Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Bitcoin bear market returns (geralt/Pixabay) 1 minute ago · 12:38 PM Stephen Alpher Share Share this post Copy link X icon X (Twitter) LinkedIn Facebook Email Crypto markets continue to bleed lower, with bitcoin (BTC) leading the way following Strategy's (MSTR) disclosure of a small BTC sale on Monday. "The funny thing is that the forced selling in crypto hasn't even started yet," wrote Wazz on X Tuesday morning. Whether right or wrong, Wazz, in the space of a few words, put to rest the many "hot takes" dismissing Strategy's 32 BTC sale as a nothingburger. Yes, Strategy suffered through the 2022 bear market and survived, but the digital asset treasury industry was far different and far smaller then. Whether the current iteration — in many cases (but not all), with questionable capital structures — can withstand the opposite of "number go up" remains to be seen. One hour ahead of the opening for U.S. stocks Tuesday morning, bitcoin was trading at $69,000, down 4.5% over the past 24 hours. The February 6 low was $60,000, but that was a very momentary wick to the downside. The $63,000 area is probably closer to where markets can start thinking "re-test" of the bottom. Strategy's sales, for the moment, have placed bitcoin in the position of a laggard in the crypto market. Ether (ETH) is lower by just 0.5% and solana (SOL) by 2.5%. Latest Crypto News 1 Stellar CEO says Clarity Act would help, but tokenization isn't dependent on it 3 minutes ago 2 Strive adds 2,500 bitcoin to hit 19,000 BTC just a day after Strategy turns seller 15 minutes ago 3 Bitcoin ETF outflows are noise as Wall Street doubles down on crypto, says analyst 24 minutes ago 4 Bitcoin derivatives markets flashing warning signs as price plunges below $70,000 27 minutes ago 5 Tom Lee calls Strategy's bitcoin sale classic bottom behavior 33 minutes ago 6 Symbiotic aims to make tokenized assets easier to cash out with new liquidity network 39 minutes ago 7 Ripple’s dollar stablecoin expands to Turkey through three local platforms 48 minutes ago 8 Bitcoin's slide may have more to do with AI than Strategy 1 hour ago 9 Bitcoin drops toward $69,000 as Saylor sale spooks investors while AI tokens buck the trend 2 hours ago 10 MoneyGram launches stablecoin on Stellar, joining rush toward digital dollar payments 3 hours ago Latest Research The Pre-IPO Perpetuals Category Takes Shape The Pre-IPO Perpetuals Category Takes Shape Binance launched Pre-IPO perpetuals May 21. Within days, it captured >60% category share; cumulative volume now ~$400M, with SPACEX dominating at 79%. By CoinDesk Research May 29, 2026 Binance launched Pre-IPO perpetuals May 21. Within days, it captured >60% category share; cumulative volume now ~$400M, with SPACEX dominating at 79%. Why it matters : Binance launched Pre-IPO perpetuals May 21. Within days, it captured >60% category share; cumulative volume now ~$400M, with SPACEX dominating at 79%. View Full Report More From Markets Strive adds 2,500 bitcoin to hit 19,000 BTC just a day after Strategy turns seller Bitcoin derivatives markets flashing warning signs as price plunges below $70,000 Tom Lee calls Strategy's bitcoin sale classic bottom behavior