Bitcoin (BTC) slides to $66,280 on April 2, 2026, as institutional ETF inflows clash with a hawkish macro environment. Discover if the $65,525 support can hold the channel breakdown as the 20 millionth Bitcoin is mined.

Genius Group said Tuesday it sold the rest of its Bitcoin during Q1 to help repay $8.5 million in debt, and said it may rebuild its BTC treasury when market conditions improve. The company had 84 BTC worth about $5.7 million as of March 2026 and reported Q1 revenue of $3.3 million with net profit of $2.7 million, after a loss in Q1 2025.

Bitfarms posted revenue up 72% to $229 million, while its net loss expanded to around $209 million as non-cash accounting items weighed on results. The company is also shifting toward HPC and AI infrastructure, citing a 2.2 GW pipeline with 341 MW active and 1.5 GW under expansion to pursue steadier, contract-driven revenue.

A Bitcoin Policy Institute fellow said in a Tuesday report that Taiwan should reassess holding Bitcoin as a reserve asset to stay financially functional in extreme conflict scenarios. The report argued Bitcoin would remain accessible even under a blockade or invasion, while Taiwan also holds at least 210 BTC worth $14 million that was confiscated in criminal cases.

Bitcoin rebounded above $68,000 but could not hold gains after failing to settle over $68,800. BTC is trading below $67,200 and the 100-hour simple moving average, with chart signals pointing to renewed downside risk. Key levels highlighted include resistance at $67,800 and $68,500, and support at $66,000 and $65,500.

Bitcoin finished March up 2%, ending five straight months of declines, and opened April near $68,250. Analysts are watching a heavy supply zone at $70,000–$72,000, where about 650,000 BTC were accumulated and may be sold if holders reach break-even. Key downside reference levels cited include the 200-week EMA near $68,300, the 200-week SMA at $59,400, and realized price around $54,000.

Concerns about whether quantum computers could eventually compromise Bitcoin have resurfaced, as discussions focus on signature security and the network’s ability to adapt. The debate points to Satoshi Nakamoto’s only public comment from 2010, outlining how Bitcoin could respond if quantum breakthroughs arrived suddenly or gradually. Analysts also cite today’s hardware limits, contrasting ~6,000-qubit systems with estimates that far more stable qubits would be needed to threaten modern cryptography.

Morgan Stanley filed Amendment No. 4 to its Form S-1 with the SEC on April 1 for the Morgan Stanley Bitcoin Trust, a spot bitcoin ETF proposed to list on NYSE Arca under the ticker MSBT. The filing describes a passive product tied to the Coindesk Bitcoin Benchmark and reiterates a 0.14% annualized delegated sponsor fee, while outlining custody by BNY Mellon and Coinbase Custody and updated mechanics for share creation and redemption.