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Bitcoin credit market nears $10 billion as new entrants keep coming

Reported · Written up by our desk · Market Structure

Bitcoin’s corporate credit market linked to the asset has continued to grow even after a June selloff that triggered margin calls and pushed leading preferred shares far below par, according to a report cited by CryptoSlate.

The downturn is described as the first meaningful stress test for the market, offering an early gauge of whether crypto-linked companies can keep building financing as conditions tighten.

CryptoSlate also notes that BitcoinTreasuries.net characterized the episode as a test of resilience, while highlighting that more participants were still moving into the credit segment after the selloff.

The outlet frames the market’s post-drawdown momentum as a sign the credit channel remains active, despite the earlier volatility tied to the June event.

Latest closeBitcoin $63,998.59 ▲1.3%

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