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Bitcoin's brutal sell-off sparks a flurry of trading in related stocks, including one big bullish bet
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- Bitcoin is back above the $60,000 mark after falling below that key level for the first time since October 2024 on Friday.
- The world's largest cryptocurrency has lost about 27% of its value in 2026, and it's now about 50% off its all-time high.
Livestream Menu Make Itselect USAINTLLivestream Search quotes, news & videos Livestream Watchlist SIGN INCreate free account Markets Business Investing Tech Politics Video Watchlist Investing Club PROLivestream Menu
Bitcoin is back above the $60,000 mark after falling below that key level for the first time since October 2024 on Friday.
The world's largest cryptocurrency has lost about 27% of its value in 2026, and it's now about 50% off its all-time high. Despite the carnage, traders aren't backing away from this space. The iShares Bitcoin Trust ETF (IBIT) was among the top 20 most popular tickers in the options market by volume, and two of the top 15 largest options trades by dollar amount were in Strategy and Coinbase on Monday.
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