On Thursday, Bitcoin’s value fell over 10 percent in a single day, dropping to around $64,000, the lowest it has been since the 2024 Presidential election, as CNBC reports. After crossing $100,000 in November 2024 and peaking at over $122,000 in October 2025, the cryptocurrency has been in a steady decline for the last several weeks.
Here are some other crypto headlines that have popped up as Bitcoin’s price continues to slide:
- Ethereum-focused treasury BitMine’s hoard lost over $8 billion in value on Thursday as Ether dropped below $2,000, CoinDesk reports.
- Bitcoin has effectively erased “all gains since its $69,000 all-time high in November 2021,” according to The Block.
- The Winklevoss twins’ Gemini crypto exchange announced it would cut about 200 jobs and shut down operations in the EU, UK, and Australia on Thursday, Bloomberg reports.
- FT Alphaville apologized for earlier posts that “may have communicated the idea that bitcoin is a negative-sum game” and “an arbitrary hype gauge that’s disconnected from any utility the token may have,” saying “We stand by every single one of those posts.”
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