Bitcoin Sell-Off Just Starting, Cardone Warns of $40K Target
He is long $BTC and not selling, but says the $300B rotating out of alts has to wash through before any real bid, and is willing to bet $100K that $50 prints before $100.
Every Zipp story tagged #SellOff, newest first.
He is long $BTC and not selling, but says the $300B rotating out of alts has to wash through before any real bid, and is willing to bet $100K that $50 prints before $100.
BTC's brief dip dragged aggregate crypto value under the $2T mark, with top-10 altcoins taking double-digit hits and the heaviest losses concentrated in lower-liquidity names.
A $1B+ liquidation cascade hit the market in 24 hours, the Fear & Greed Index collapsed to 13, and Strategy's $13B BTC paper loss is now bigger than the entire market cap of most major tokens.
Altcoins absorbed the worst of the damage, Ether down 7.9% on the week, while bitcoin's drawdown stayed inside a support band that has held for nearly two years.
Roughly $10B in BTC options notional expires on Deribit Friday, with most of the pain concentrated on the bullish side as spot continues to bleed.
A one-day $1T loss in US market cap is the kind of move usually reserved for a Fed surprise or a 2020-style shock. The fact that it printed on a quiet tape is the signal.
The transfer is technically a routing step, not a sale — but with creditors still owed and the bankruptcy estate the largest single overhang on BTC, every credit-rail move during a weak tape is read…
The 32 BTC sale is a rounding error against MSTR's 840,000-coin stack — but the signal is the first outbound flow under Saylor since 2022, and the reason: dividend funding.
The Ethereum Foundation has sold 10,000 ETH, valued at approximately $23 million at the time of the transaction…
The Ethereum Foundation has sold 10,000 ETH, valued at approximately $23 million at current prices. Foundation wallet…
Bitcoin pulled back from $79,500 as a sharp rise in oil prices rippled through risk assets, pulling the broader crypto…