Bitcoin has pushed deeper into bear market territory amid its latest sell-off, with the crypto down 37% from its October all-time high.

Bitcoin has mounted a tentative recovery following big drops last weekend.

But one major player is doubling down on Bitcoin mining and giving it another shot after shutting down one of its mining facilities. Tether, the issuer of the world's largest stablecoin by market cap, is coming up with a new strategy to improve the process of Bitcoin mining.

In the worst case scenario, crypto miners could go bankrupt and the metals market could plummet if bitcoin keeps falling, Michael Burry said.

Following a disastrous weekend session, altcoins are seeing a timid recovery but remain well below last week's levels. Read more

Bitcoin's price decline has dragged hashprice to an all-time low, setting the stage for the largest negative difficulty adjustment since China's bitcoin mining ban.

During a recent conversation with TheStreet Roundtable and The Wolf of All Streets host Scott Melker , Galaxy Digital's retail trading venture Galaxy One's managing director, Zac Prince, dissected one of crypto’s latest trends, the rise and fall of Bitcoin Treasury companies.

Bitcoin fell as low as about $74,500 early Monday, dipping below Strategy's average purchase price of $76,052 per token.

Bitcoin is deep in a bear market, down about 37% from its October peak. January 30 marked the 10th largest liquidation event in the token's history.

WULF is rising +12% in the pre-market following the announcement of the strategic acquisition of two locations, contributing 1.5 GW of power capacity.

Bitcoin’s sharp weekend drop triggered fresh liquidations, with analyst Eric Crown warning the market may face months of further downside.