Portnoy’s Bitcoin, XRP Losses Mount In $390B Crypto Drop

Dave Portnoy says he’s not selling his Bitcoin or XRP, even as his crypto portfolio is down millions. The Barstool Sports founder has become a high-profile retail holder hit hard by the sharp crypto drop. In a video posted June 4 on X, Portnoy said he still owns Bitcoin, XRP and Strategy stock. “I have not made a cent in crypto, I have gotten whacked in crypto,” he said.

Strive Stock’s Bitcoin Play Grows, Traders Eye the Open

Strive Stock’s Bitcoin Play Grows, Traders Eye the Open

Strive Inc. Class A shares moved up in premarket trade Friday, building on Thursday’s jump with traders still pushing into the bitcoin-treasury angle going into Memorial Day weekend. ASST changed hands at $19.24 ahead of the open, according to Google Finance, after closing at $18.53 on Thursday, up 9.13%. U.S. equity markets will be shut Monday, May 25, for Memorial Day, per the Nasdaq holiday schedule.
Bitcoin Drops $80,000 With Focus Turning to Bonds

Bitcoin Drops $80,000 With Focus Turning to Bonds

Bitcoin dropped under $77,000 Monday, moving closer to its lowest in two weeks. The slide came as oil prices ticked up and bond yields climbed, with a spate of forced selling also weighing on crypto demand. Bitcoin was trading at $76,753 at the dateline, off around 2.1% after hitting a session low of $76,655.
18 May 2026
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US Stock Market Today Updates

AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 Strong buy

Alphabet

NASDAQ:GOOGL 92/100 • ★★★★½
#2 Strong buy

Taiwan Semiconductor Manufacturing

NYSE:TSM 89/100 • ★★★★½
#3 Buy

S&P Global

NYSE:SPGI 88/100 • ★★★★
#4 Buy on weakness

Amazon

NASDAQ:AMZN 86/100 • ★★★★
#5 Buy on weakness

Microsoft

NASDAQ:MSFT 84/100 • ★★★★
View full portfolio
Editorial model selection. Not personalised advice.
MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Chicago Fed National Activity Index

A surprise around the 0.10 forecast could shift the morning growth narrative and influence Treasury yields and the dollar before the opening bell.

#2

PDD Holdings earnings

The day’s largest scheduled equity report can move PDD and the broader China-internet / e-commerce complex through revenue growth, margins and Temu commentary.

#3

XPeng earnings

Deliveries, margin progression and spending on AI-enabled mobility can affect U.S.-traded Chinese EV names and related technology suppliers.

View full calendar
Times and estimates may change. Verify before trading.