Bitcoin News

Bitcoin exchange-traded funds (ETFs) in the U.S. have faced their largest-ever wave of outflows as the cryptocurrency slided below the $89,000 mark.

MicroStrategy’s stock has fallen over 55%, raising concerns about whether the company could be forced to sell its substantial Bitcoin holdings, which total nearly 500,000 BTC worth $43.7 billion.

Yesterday Bitcoin plunged below $87,000, marking its lowest value since November, as investors retreat from riskier assets.

Several U.S. states are exploring the possibility of establishing reserves for Bitcoin, despite President Donald Trump’s push for a national PTS strategy. However, not all states agree with this initiative.

Bitcoin’s downward trend has intensified, dropping below $89,000, with altcoins also seeing significant losses.

Bitcoin tumbled below the $90,000 mark, hitting $88,900 after a sharp 7% drop in the past 24 hours.

AI-focused trading solutions firm Rezolve Ai is making a significant push into Bitcoin, unveiling a $1 billion treasury program with an initial $100 million investment.