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International Business Times
International Business Times
Business
Merin Rebecca Thomas

Bitcoin Sell-Off Drives Heavy Options Trading In Coinbase, Strategy As Crypto Stocks Stay Under Pressure

Bitcoin has lost roughly 27% of its value since the start of 2026 and remains about 50% below its record high. (Credit: AFP)

Bitcoin climbed back above $60,000 on Tuesday after a sharp sell-off that pushed the world's largest cryptocurrency below that level last week for the first time since October 2024.

The digital asset has lost roughly 27% of its value since the start of 2026 and remains about 50% below its record high, according to market data cited by CNBC.

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