Crypto News
Bitcoin Struggles Below $80K as Weekend Sell-Off Wipes Out $160B in Value
While bitcoin maintained its footing on Friday, hovering above the $84,000 threshold, the digital currency descended below the $80,000 mark by Sunday, erasing $4,600 in value over the course of the weekend. Bitcoin’s Sunday Decline Triggers Deep Losses Across Digital Assets By Sunday evening, just before 5 p.m. ET, bitcoin ( BTC) was changing handsSource link
Cathie Wood’s ARK Buys Over $13M Worth Coinbase Shares During Market Rout
Cathie Wood’s ARK Investment Management took advantage of the $5.4 trillion U.S. equities market sell-off and purchased over 83,000 shares of Coinbase (COIN), increasing exposure to the crypto exchange even as prices dipped sharply across the board.The total shares purchased were worth more than $13 million, taking Friday's closing price for Coinbase. According to ARK’s daily trading disclosure for April 4, Wood’s flagship ARK Innovation ETF (ARKK) bought nearly 55,000 Coinbase shares, with additional purchases coming from the ARK Next Generation Internet ETF (ARKW) and the ARK Fintech Innovation ETF (ARKF). The timing is notable. Coinbase shares have slipped more than 12% during the market rout, while bitcoin and other cryptocurrencies showed resilience. The CoinDesk 20 (CD20) index dropped by...
This Week in Crypto Games: ‘Off the Grid’ Token Live, Logan Paul ‘CryptoZoo’ Lawsuit Continues
Catch up on this week’s biggest crypto and NFT gaming news and find some weekend reads in our latest roundup.Source link
BTC Slips to $78.6K in Major Sunday Drop
By 3 p.m. ET on April 6, 2025, bitcoin ( BTC) had dipped further to $78,639, deepening its retreat from recent peaks and indicating a market still gripped by caution. This added pullback builds on the morning’s downturn, hinting at dwindling momentum as Wall Street prepares to reopen Monday. While bitcoin’s trading volume has seenSource link
Crypto Chill: Bitcoin Dips 2.6% Under $81K Ahead of Wall Street’s Next Move
Bitcoin’s price receded by 2.6% today, dipping below the $81,000 mark in a subtle yet thought-provoking shift. This pullback may serve as a cryptic overture to Monday’s Wall Street open, stirring quiet apprehension among market participants. Market on Edge: Bitcoin Retreats as Global Liquidity Clouds the Outlook On April 6, bitcoin’s valuation declined, landing atSource link