Bitcoin Price Plunges Nearly $4,000 In Two Hours

The bitcoin price plunged nearly $4,000 in a sharp evening sell-off after President Donald Trump announced plans to impose sweeping new tariffs on Europe on Saturday.

Around 6 p.m. EST, massive amounts of selling hit the crypto market triggering a wave of forced liquidations across the bitcoin price and altcoins.

The world’s largest cryptocurrency fell from around $95,500 to an intraday low of $91,935 in a span of roughly two hours, according to Bitcoin Magazine Pro data.

The sudden drop wiped out more than $500 million in leveraged long positions in just 60 minutes, with total crypto long liquidations topping $525 million during the same period, according to market data.

The…

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Bitcoin ‘OG’ Sells After 12 Years, Locking in 31,250% Profit

A Bitcoin (CRYPTO: BTC) whale, inactive for more than a decade, has returned to the scene, offloading half of its Bitcoin stash and securing a profit of 31,250%.

The Bitcoin wallet, dubbed “5K BTC OG,” started selling its Bitcoin assets, originally purchased in 2012 for a mere $332 per Bitcoin. The wallet, which initially held 5,000 BTC, has sold 2,500 BTC, raking in approximately $265 million at an average exit price of $106,164.

As per the report by Lookonchain, an additional 500 BTC was moved to Binance, with a value of $47.77 million. This signifies the latest in a series of withdrawals from this 12-year-old holder.

The selling pattern seems methodical, with the OG…

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Coinbase’s Brian Armstrong Says White House ‘Super Constructive’ Despite Crypto Bill Fallout – Coinbase Global (NASDAQ:COIN)

Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong has pushed back against claims that the White House is unhappy with the company’s handling of the crypto market structure bill.

CEO Pushes Back Against White House Report

Armstrong took to X to address a recent report by journalist and Crypto In America podcast co-host Eleanor Terrett, which suggested that the White House was considering withdrawing its support for the bill if Coinbase did not return to the negotiating table with a satisfactory yield agreement for banks.

According to Terrett’s post, the White House was reportedly upset by what it viewed as Coinbase’s “unilateral” actions and an apparent effort to speak on behalf of the…

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Steak ’n Shake Adds $10,000,000 In Bitcoin To Treasury

Popular fast-food chain Steak ’n Shake added $10 million worth of bitcoin to its corporate treasury, deepening its commitment to bitcoin eight months after rolling out BTC payments across all U.S. locations.

The company said on social media that the move follows a “self-reinforcing cycle” driven by bitcoin adoption, where customers paying in BTC help generate incremental revenue that is then recycled into business improvements. 

According to Steak ’n Shake, all bitcoin-denominated revenue flows directly into what it calls its strategic bitcoin reserve, which is used to fund restaurant upgrades, ingredient improvements, and remodeling initiatives—without raising menu prices.

…

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Burger Chain Steak ‘N Shake Just Supersized Its Bitcoin Holdings

Iconic American burger chain Steak ‘n Shake has added $10 million worth of Bitcoin (CRYPTO: BTC) to its balance sheet. This comes after the company started accepting Bitcoin payments in 2025.

Steak ‘n Shake’s Bitcoin Treasury made a significant acquisition of the cryptocurrency. The company announced the purchase via X on Saturday, highlighting a boost in sales since it began accepting Bitcoin.

“Eight months ago today, Steak n Shake launched its burger-to-Bitcoin transformation when we started accepting bitcoin payments. Our same-store sales have risen dramatically ever since. All Bitcoin sales go into our Strategic Bitcoin Reserve. Today we increased our Bitcoin exposure by… Read more on Benzinga

Michael Saylor Once Told NFL Star Saquon Barkley To ‘Throw It All In’ On Bitcoin, And The Eagles Running Back Wished He Had Heeded The Advice

National Football League superstar Saquon Barkley, a known Bitcoin (CRYPTO: BTC) enthusiast, was once suggested by Strategy Inc. (NASDAQ:MSTR) founder Michael Saylor to go all-in on the apex cryptocurrency.

Did Barkley Miss Out On A Major Opportunity?

Speaking to Boardroom media at Coinbase’s annual State of Crypto Conference on Jul. 22, 2025, the Philadelphia Eagles star reminisced about a “funny” interaction with Saylor about how much to invest in Bitcoin.

“Throw it all in,” Saylor advised. Barkley wasn’t very sure of the idea at the time, but conceded in the interview that he should have probably ‘listened’ to the Bitcoin bull.

Saquon Barkley’s Advice For Investors

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Bitcoin At $95,000 As Ethereum, XRP, Dogecoin Trend Lower After Crypto Bill Delay

Bitcoin is trading around $95,000 as traders remained cautious following the Senate’s decision to postpone debate on a crypto market structure bill.

Notable Statistics:

Coinglass data shows 93,705 traders were liquidated in the past 24 hours for $181.70 million.       

In the past 24 hours, top gainers include Story, Dash and Sky.

Notable Developments:

Trader Notes: Crypto chart analyst Ali Martinez said Bitcoin appears to be in a bullish retest, consolidating just below the $100,000 mark.

He noted that holding above $94,555 is critical to preserve the bullish structure and keep the door open for a push into six-figure territory.

Crypto Tony said bulls must reclaim $95,100 to…

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