Bitcoin Could Drop to $63,800 Amid Institutional Selling, Says Peter Brandt
Veteran economist Peter Brandt warned that institutional “campaign selling” could drive Bitcoin’s price down to around $63,800.
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Veteran economist Peter Brandt warned that institutional “campaign selling” could drive Bitcoin’s price down to around $63,800.
Bitcoin fell below $73.000 for the second time since April 2025, extending losses to 40% from its October peak while mining companies posted double-digit declines.
Bitcoin’s price briefly fell below $73,000 for the first time since April 2025, pressured by heavy whale selling.
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Strategy briefly fell into losses as Bitcoin dipped below $75,000, leaving its 712,647 BTC holdings over $1 billion underwater.
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Donald Trump nominates former Fed Governor Kevin Warsh as chair. Thai raises expectations of a more hawkish monetary policy stance pending Senate confirmation.
Macroeconomic and geopolitical tensions have reignited the Bitcoin versus gold debate, contributing to a widespread market selloff.
MSTR shares hit a new 52-week low, extending their one-year decline to 57% amid renewed Bitcoin weakness.
Swiss-Singaporean banking group Sygnum and Starboard Digital secured 750 BTC ($65M) in seed funding for their actively managed Bitcoin yield fund, delivering 8.9% annualized returns despite market volatility.
Bitcoin plunged to $84,437 in a sudden crash that wiped out $85 billion in market capitalization and triggered over $200 million in liquidations within hours.
JPMorgan explains why Bitcoin is not acting as a hedge to the falling US dollar, with both assets correcting over 10% in one year.