Gunden built his wealth as an early Bitcoin arbitrage trader on Tradehill and the now-defunct Mt. Gox, where he reportedly handled tens of thousands of BTC before the exchange collapsed in 2014. His recent moves align with a broader wave of retail selling, amplified by fears that the latest bull cycle may be nearing exhaustion.

Bitcoin drops 31% as market correction worsens, failing to act as a haven while gold remains stable during market stress.

Bitcoin price dumped yet again this morning in trading to lows of $86,610, down over 1% over the past 24 hours.

Veteran trader Peter Brandt says Bitcoin may not reach $200,000 for four years, throwing cold water on many crypto executives’ end-of-year predictions.

Bitcoin drops to a new monthly low after Nvidia's strong outlook calms AI bubble fears, raising concerns of further downside ahead.

Crypto markets extended their retreat today as the Bitcoin price hovered near a seven-month low at $88,890 — down 4% on the day and trading near the bottom of its weekly range.

Nvidia, the market’s heaviest influence, fell 2.8% and is down more than 10% for the month as concerns grow about inflated AI stock prices. Nearly half of major investors now view an AI bubble as the top market risk,

Digital asset-focused stocks fell on Wednesday as Bitcoin and other major cryptocurrencies extended losses, even as tech stocks steadied.