Bitcoin

Bitcoin is a new electronic payment system that removes the need for third party financial institutions. It speeds up transactions while reducing costs and minimizing the potential for fraud. The name “cryptocurrency” points to how it uses “cryptographic proof” to work, AKA a blockchain.

Bitcoin’s concept was first introduced in 2008 when a person going by the pseudonym Satoshi Nakamoto shared a white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System.” In January 2009, the Bitcoin blockchain was launched. 

A new electronic payment system called Bitcoin removes the need for third-party financial institutions. It speeds up transactions while reducing costs and fraud-risk. The name “cryptocurrency” points to how it uses “cryptographic proof” to work, AKA a blockchain.   

Bitcoin has a finite supply of 21 million, which is expected to be reached by the year 2140. Currently, 18.8 million are circulating in the market. Note that Bitcoin represents the concept of the network, while bitcoin (lower-case ‘b’) represents the currency.

Bitcoin is one of the most well-known cryptos as it was the first decentralized currency. 

Currently, BTC’s dominance is above 40%. Bitcoin Dominance is a measure of how much of the total market cap of crypto is made up of Bitcoin. Bitcoin’s influence in the crypto ecosystem could be vulnerable to competition as alternative coins grow in popularity and utility.

Bitcoin (BTC) is trading at $60,262 on June 27, 2026, at 8:45 a.m. Eastern time with its market cap near $1.2 trillion and $26.3 billion in 24-hour volume, but the technical picture remains under pressure as every major moving average points lower and momentum indicators offer little conviction for bulls.

Bitcoin Holds $60,000 but Bears Control — Key Levels Every Trader Needs Now

Bitcoin's path to $1 million depends on institutional adoption, government reserves, or a fiat crisis that makes BTC a global macro asset.

3 Ways Bitcoin Price Could Hit $1M, According to BTC Bulls

For years, investors had valued the firm well above its bitcoin holdings, giving Strategy massive flexibility to raise capital as needed — a situation Michael Saylor and team took full advantage of.

Strategy's valuation has fallen below the value of its bitcoin holdings

Ripple's Brad Garlinghouse called Strategy's preferred-stock funding model "financial engineering" that distracted the market, pointing to STRC's slide to a record low as the evidence. He runs the company behind XRP, a bitcoin rival.

Ripple CEO stays bullish on bitcoin but says Saylor's strategy has hurt crypto

Strategy's STRC briefly fell to a record low of $71.40 on Friday, leaving the preferred shares about 25% below par.

Strategy loses its bitcoin premium as enterprise mNAV dips below 1

Tando is making it possible for 40 million Kenyans to send and receive bitcoin using their phone numbers via Mpesa and over Bitcoin's lightning network.

Tando Is Unlocking Spending Bitcoin For 40 Million Kenyans

Aave

Solana

Tokenized stock trading fueled fresh momentum across the Solana ecosystem, while Aave founder hinted at token buybacks coming under new framework.

Aave, Solana ecosystem tokens lead crypto rebound as bitcoin steadies near $60,000

Ethereum

While retail investors react to short-term market volatility and macro-economic anxieties, smart money from traditional financial institutions is quietly executing a highly calculated re-accumulation strategy.

A Multi-Factor Collapse: The Hidden On-Chain Re-Accumulation of Bitcoin and Ethereum

Bitcoin snapped a two-day, $4,500 slide on Friday, experiencing choppy trading between $58,500 and $60,500 before settling around $60,000. Choppy Trading Snaps a Two-Day Slide Bitcoin oscillated between $58,500 and $60,500 on Friday, snapping a steep 48-hour decline that had shaved nearly $4,500 off its value.

Crypto Traders Push BTC Near $60K as 30% YTD Decline Keeps 2026 Bear Market in Focus

Jeremy Grantham doubled down on his long-standing Bitcoin skepticism, predicting the cryptocurrency will "dwindle away with a whimper."

Billionaire Investor Jeremy Grantham: Bitcoin Will ‘Dwindle Away With a Whimper'

Strategy's flagship preferred stock tumbled again when U.S. markets opened, setting another record low as Bitcoin lingered below $60,000.

Strategy's Saylor Acknowledges 'Volatility Test' as STRC Hits New Low on Bitcoin Weakness

Crypto ETF flows deteriorated sharply on Thursday, June 25, as bitcoin ETFs posted a sixth straight day of outflows, with redemptions reaching $696 million. Ether funds also saw heavy exits, while HYPE and solana ETFs joined the selloff.

Bitcoin ETFs Lose $696 Million as Blackrock and Fidelity Lead Broad Crypto Selloff

Bitcoin is testing the critical $58,000–$60,000 support zone for a third time, with a break below could trigger a deeper decline.

‘I See Volatility as Opportunity': Bitcoin Tests Critical Support as Key Level Hangs in the Balance

"[Over] years and years, decades and decades, it will dwindle away, I suspect – not with a bang, but a whimper," Grantham said. "It's not a stable form of value.

Billionaire investor Jeremy Grantham says bitcoin will 'dwindle away with a whimper'

Bitcoin fell to around $59,400 as $691 million fled spot ETFs, the most since May, ahead of Friday's $10.6 billion options expiry.

Bitcoin Tests $59K as ETFs Shed $692M, Options Expiry Looms

Bitcoin fell to $58,000 on June 25 as hot PCE data stoked Fed rate fears and spot ETF outflows extended to a six-day streak.

Bitcoin's fragile floor cracks as Fed hawks circle and ETF investors keep pulling out: analysts

As the first half of 2026 draws to a close, major cryptocurrencies are deeply in the red, lagging far behind traditional assets. Bitcoin BTC$60,235.14 bulls can at least take one small consolation: they've outperformed shares in bitcoin-holder Strategy (MSTR).

With crypto ending the first half in the red, bitcoin's solace is it beat Strategy

BTC touched its lowest level since September 2024 before rebounding to $59,770, while ETH slipped further and another $1 billion in futures positions were wiped out.

Bitcoin bounces from $58,000 as derivatives signal more pain in the pipeline

The real estate investor pitched his model as a treasury company backed by cash-flowing property rather than stock sales, framing the slide in bitcoin as a chance to accumulate.

Grant Cardone says he will keep buying bitcoin using real estate cash flows

Strategy's paper loss exceeds the market caps of hundreds of tokens, highlighting the extreme concentration of risk in the crypto market right now.

Too big to fail: Strategy's $13 billion bitcoin paper loss alone dwarfs hundreds of prominent tokens

Digital mining firm Gomining said it mined the first live Bitcoin block using the Stratum V2 protocol via the DMND mining pool. A Milestone for Miner Autonomy Digital mining firm Gomining revealed Thursday, June 25, that it successfully mined the first known live Bitcoin block utilizing the Stratum V2 protocol.

Gomining Mines First Live Stratum V2 Bitcoin Block, Shifting Control to Miners

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Live markets: Bitcoin rebounds to nearly $60,000. Kospi, Nikkei sink

Asian equities also fell sharply Friday morning, with South Korea's Kospi losing over 8% and triggering a circuit breaker.

Bitcoin briefly dips below $59,000 as macro pressures drag crypto, Asian equities lower

Vinny Lingham, co-founder of Praxos Capital, told Unchained's Laura Shin that Strategy's financial structure is now unraveling in a way he predicted 18 months ago, and that the company may be approaching the point where every available move makes its position worse.

Vinny Lingham Predicted Saylor Would Hurt Bitcoin More Than FTX. Now He's Explaining Why

Jeremy Grantham, the billionaire investor who predicted both the dot-com crash and the 2007 housing collapse, says the artificial intelligence (AI) market is the biggest investment bubble in American history and warns that a 70% decline in high-flying AI stocks would not be unexpected.

News for Bitcoin Crypto (BTC)