Bitcoin jumped on a soft US jobs report, climbing to $61,500, up roughly 5% over 24 hours and holding firmly above $61,000.
Alexander Stefanov
Editor-in-Chief
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
Latest articles by Alexander Stefanov
Morpho's token spiked after Standard Chartered's analyst backed the DeFi lending protocol with an aggressive long-term price target.
The US president, Donald trump, has disclosed cryptocurrency income on a scale with no modern precedent.
The altcoin market is in one of its weakest stretches in years. Most coins have stayed stuck below a key long-term trend line for months, a slump matched only by the last bear market.
Hyperliquid's native token, HYPE, recovered toward the upper end of its recent trading range on June 29, erasing most of a mid-week slide that had pulled it into the low $60s while the wider market softened.
Canton (CC) is testing the lower boundary of a two-month range as momentum deteriorates, with both key moving averages now sitting overhead as resistance heading into July.
Ethereum is ending the second quarter of 2026 in a rough spot: two consecutive double-digit negative quarters, a market cap that has slipped out of the global top 100 assets, and a derivatives market where buyers are present but unable to push price higher.
Bitcoin's 53% drawdown is the mildest in its history, where past cycles fell 80% or more. Yet two other data points complicate that bullish read, and together the three resist a simple answer.
Hunter Horsley, CEO of Bitwise Asset Management, one of the largest crypto-focused asset managers, argues that fixating on the current levels misses the forest for the trees.
Two record-breaking data points are sitting side by side in Bitcoin's on-chain data right now, and together they describe an unusual market.
Grayscale's head of research laid out where the firm sees value in a beaten-down market, and his answers are more measured than a simple "buy everything."
Bitcoin has dropped below $59,000 for the first time since September 2025, trading around $58,900 after a 3.7% fall over 24 hours.
