Bitcoin (BTC) Prices Hit Lowest Since April 2026 Amid Sell-Off

AI Summary

Bitcoin (BTC) prices fell to their lowest levels since early April 2026, currently trading around $66,500, down nearly 10% week to date. A recent decline was driven by crypto treasury company Strategy selling a portion of its bitcoin holdings. Traders on Kalshi estimate an approximately 80% chance that bitcoin's price could fall below $60,000 in 2026, indicating a potential new low. The cryptocurrency has decreased over 45% from its highs above $120,000 last October, with current probabilities for reaching six figures in 2026 dropping to 27%.