{"id":1022,"date":"2026-06-25T15:46:01","date_gmt":"2026-06-25T15:46:01","guid":{"rendered":"https:\/\/coasttocoastmoverss.com\/?p=1022"},"modified":"2026-06-25T15:46:01","modified_gmt":"2026-06-25T15:46:01","slug":"bitcoin-hits-21-month-low-as-expiring-crypto-bets-threaten-more-selling","status":"publish","type":"post","link":"https:\/\/coasttocoastmoverss.com\/?p=1022","title":{"rendered":"Bitcoin Hits 21-Month Low As Expiring Crypto Bets Threaten More Selling"},"content":{"rendered":"
\n

big number<\/h2>\n

Nearly 54%. That\u2019s how much bitcoin\u2019s price has declined since hitting a record high of just over $126,000 in October to its intraday low on Thursday. Since then, the global crypto market\u2019s aggregate market value has plummeted about $2.2 trillion, falling from $4.28 trillion to $2 trillion as of Thursday, according to CoinMarketCap<\/u>. Bitcoin accounts for roughly 58% of the global crypto market.<\/p>\n

Read more Bayer Not Liable After Man Claimed Weedkiller Caused His Cancer, Supreme Court Rules<\/a><\/p>\n

tangent<\/h2>\n

The Dow Jones Industrial Average rose by more than 700 points, or 1.3%, and the S&P 500 advanced 0.4% as of Thursday morning. The Nasdaq lowered 0.3%, despite Micron surging 11% following its record-setting<\/u> earnings report on Wednesday, as Apple (down 4.9%) weighed on the index after announcing broader increases for its products.<\/p>\n

Read more Reflecting Pool Won\u2019t Be Drained Until After July 4, New Filing Shows<\/a><\/p>\n

key background<\/h2>\n

Bitcoin, like other cryptocurrencies, accelerated to record highs last year amid broader optimism for pro-crypto legislation under President Donald Trump. The world\u2019s leading cryptocurrency has since dropped below its 200-week moving average, signaling a bear market for bitcoin, as more investors appear to hold bearish positions. Robert Mitchnick, BlackRock\u2019s head of digital assets, said<\/u> booming interest in AI has driven capital away from bitcoin, noting it was a \u201ctough stretch\u201d for the cryptocurrency since its October peak as \u201cthe AI momentum is certainly suckling a lot of the oxygen out of the room.\u201d<\/p>\n

Read more MacBooks And iPads Just Got A Lot More Expensive\u2014And AI Is To Blame<\/a><\/p>\n

<\/div>\n

further reading<\/h2>\n

Forbes<\/span>Bitcoin Falls Below $60,000\u2014Erasing Trump-Fueled Rally<\/span>By Ty Roush<\/span><\/small><\/span><\/span><\/div>\n","protected":false},"excerpt":{"rendered":"

The world\u2019s leading cryptocurrency has lost more than half its value since peaking last fall.<\/p>\n","protected":false},"author":1,"featured_media":1021,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-1022","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"\nBitcoin Hits 21-Month Low As Expiring Crypto Bets Threaten More Selling - Coast to Coast Movers<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coasttocoastmoverss.com\/?p=1022\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Hits 21-Month Low As Expiring Crypto Bets Threaten More Selling - Coast to Coast Movers\" \/>\n<meta property=\"og:description\" content=\"The world\u2019s leading cryptocurrency has lost more than half its value since peaking last fall.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coasttocoastmoverss.com\/?p=1022\" \/>\n<meta property=\"og:site_name\" content=\"Coast to Coast Movers\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-25T15:46:01+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/coasttocoastmoverss.com\\\/?p=1022#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/coasttocoastmoverss.com\\\/?p=1022\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/coasttocoastmoverss.com\\\/#\\\/schema\\\/person\\\/266a8d2ebdac9f8b4354d52dead7fa6b\"},\"headline\":\"Bitcoin Hits 21-Month Low As Expiring Crypto Bets Threaten More Selling\",\"datePublished\":\"2026-06-25T15:46:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/coasttocoastmoverss.com\\\/?p=1022\"},\"wordCount\":276,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/coasttocoastmoverss.com\\\/?p=1022#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/coasttocoastmoverss.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/d450b0b100a385b8d7a070fa1314ca47.webp\",\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/coasttocoastmoverss.com\\\/?p=1022#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/coasttocoastmoverss.com\\\/?p=1022\",\"url\":\"https:\\\/\\\/coasttocoastmoverss.com\\\/?p=1022\",\"name\":\"Bitcoin Hits 21-Month Low As Expiring Crypto Bets Threaten More Selling - 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