Bitcoin stuck in $65K–$70K range as Thiel exits ETHZilla
Bitcoin trades near $67K in tight range as Thiel exits ETHZilla and Bitwise files for 2028 election prediction ETFs.
Powered by Gloria
GM, Crypto Briefers!
Bitcoin remains trapped in a tight $65K–$70K range, hovering near $67K with no immediate catalyst in sight. Volumes are thin, derivatives positioning is defensive, and equities are wobbling under Big Tech capex concerns. For now, BTC is holding steady, but correlation risk remains if broader markets roll over.
Meanwhile, Peter Thiel and Founders Fund have exited Ethereum treasury firm ETHZilla, sending shares lower and raising questions about the durability of public crypto treasury models outside of Bitcoin.
Markets
|
Data powered by CoinGecko.
Bitcoin holds $65K–$70K range as volatility fades
Bitcoin continues trading between $65K and $70K, sitting near $67K Wednesday morning. ETH hovered around $1,980, SOL near $82, and XRP at $1.42 as majors drift sideways. Equities dipped Tuesday before buyers stepped in, with the S&P 500 up 0.7% and the Nasdaq up 0.8% in early trading. Crypto remains sensitive to downside moves in tech, and a broader equity breakdown could pressure BTC.
Still, range-bound consolidation dominates. Standouts include Trump-backed WLFI, up 19%, and MORPHO, up 33% on the week.
Peter Thiel fully exits ETHZilla, selling entire stake
Billionaire Peter Thiel and Founders Fund have completely divested their 7.5% stake in ETHZilla, a significant move signaling potential shifts in Ethereum-related investments. The SEC Form 13G/A filing reveals zero beneficial ownership as of December 31, 2025, marking a complete exit from the Ethereum treasury firm.
ETHZilla’s stock has dramatically collapsed by 97% from its peak of $107 to approximately $3.40, with pre-market declines following the disclosure.
|
Data powered by cookie.fun
$GLORIA CHECK-IN
Even when it feels empty, the engine’s still on.
Other news
Catch you in the next one. More coverage is now easier to find on the new site.