CRYPTO NEWSWIRE: Rough Week Erases Most of Crypto’s 2025 Gains
FINANCIAL NEWS: While digital assets are feeling the chill heading into fall, it’s too early to say it’s the start of a full-blown crypto winter.
THE DAILY UPSIDE: Bitcoin just had one of its worst weeks since spring, which feels appropriately grim, given we’re back to 5 p.m. sunsets.
The No. 1 cryptocurrency by market cap lost about $300 billion in value as of Friday afternoon after earlier that week dropping below $100,000 for the first time since June.
Only a month ago, bitcoin was sitting pretty at an all-time high of more than $126,000.
Other cryptocurrencies retreated in turn, with ether falling to about $3,100 and solana plummeting to $150. Crypto-related stocks including Coinbase and Robinhood also dropped during the week....
thedailyupside.com/technolog…
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