Bitcoin faces mounting pressure as recovery hopes fade
Bitcoin slid to its lowest level since January, falling to around $63,300 as broad selling pressure intensified and investors reassessed expectations for a recovery in the cryptocurrency market.

Jon is a former international magazine editor with a strong background in business publications (print and digital) in the Middle East and Australia.
Bitcoin slid to its lowest level since January, falling to around $63,300 as broad selling pressure intensified and investors reassessed expectations for a recovery in the cryptocurrency market.
Trezor and chipmaker Tropic Square disclosed a vulnerability in the TROPIC01 secure element used in the Trezor Safe 7 hardware wallet, saying the flaw does not compromise user funds because the chip alone cannot provide access to wallets or private assets.
A coalition of 160 former national security, intelligence and law enforcement professionals has urged the US Senate to advance the Digital Asset Market Clarity Act, arguing that clear cryptocurrency regulation is essential to national security and law enforcement efforts.
Dart Mining (ASX:DTM) has uncovered high-grade gold, silver, and antimony intercepts during its latest diamond drilling campaign at the Banshee prospect.
Binance will discontinue support for non-fungible tokens on its exchange and transition NFT management to its self-custodial Binance Wallet as the company streamlines its Web3 product offering.
A court in Qingdao, China, has ruled that Bitcoin qualifies as property under criminal law, establishing an important legal precedent in a cryptocurrency theft case involving 107 BTC.
First Graphene (ASX:FGR) agreed to acquire all assets, intellectual property, product lines, and manufacturing capabilities of MITO Material Solutions.
Russian ruble-backed stablecoin A7A5 has processed more than $110 billion in cumulative onchain transactions despite Western sanctions aimed at restricting its use, according to blockchain security firm CertiK.
Blue Star Helium (ASX:BNL) signed a short-term agreement with a major US industrial gases corporation.
Broadcom (NASDAQ:AVGO) reported strong financial results for the second quarter of fiscal year 2026, underscored by exceptional growth in its semiconductor segment.