Stephen Alpher

If it seems like bitcoin prices react particularly negatively to falling stocks, but don't do a whole lot when stocks fly higher, you're not imagining it.

If it seems like bitcoin prices react particularly negatively to falling stocks, but don't do a whole lot when stocks fly higher, you're not imagining it.

Alongside bitcoin's tumble back to $98,000, MSTR is lower by another 6.6% on Thursday, bringing its year-to-date decline to 30%.

Fully satiated shorts were likely booking some profits, but there was a bit of bullish news on the tape as well.

Wildly successful ETFs, accelerating institutional adoption and friendly regulatory policy, yet bitcoin watches from the sidelines as other assets surge. What gives?

Wildly successful ETFs, accelerating institutional adoption and friendly regulatory policy, yet bitcoin watches from the sidelines as other assets surge. What gives?

Wildly successful ETFs, accelerating institutional adoption and friendly regulatory policy, yet bitcoin watches from the sidelines as other assets surge. What gives?

The trend has most definitely not been your friend this week as dips get bought and rallies get sold.

Already losing favor with investors when bitcoin was in bull mode, companies built around stacking BTC are facing an even larger threat thanks to the price collapse over the past two weeks.

Regional banks are sharply lower on credit worries on Thursday, pulling broader markets and bitcoin down alongside.