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REI has a $3,199 electric bike for 50% off that offers a ‘5-star experience’

July 10, 2026 MMN Editor Filed Under: SUCCESS, The Street

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.Why we love this dealIf you’re an outdoor adventurer like me or just like to bike around town, you might have noticed the uptick in electric bikes. There are many preconceived notions about these non-traditional bicycles surrounding their cost and workout benefits, but I’m here to tell you after getting to try a few out, they’re worth the investment. And right now, REI has a deal on one that’s perfect for new riders.If you’re dipping your toes into the e-bike market but don’t want to dish out over $6,000 for a first-time bike, then the Co-op Cycles DRT e1.1 Electric Mountain Bike is for you. Shoppers can save $1,600 on this bike, paying only $1,599 for a $3,199 eBike. This price also includes a year of free adjustments, 20% off shop services, and free tubes with the purchase of a flat tire repair. Additionally, they’ll even build your bike for you. After working for REI in the bike department for a few years, and getting to try out tons of different bikes — both electric and non-electric — it opened my eyes to the world of electric bikes, which I originally had thought wouldn’t give you a good workout or wouldn’t be worth it. While, when it comes down to it, it depends on how you actually use your bike, both of those concerns turned out to be false. The battery can be turned on or off, allowing you to use the extra help when you need it and saving the battery when you don’t, and you can still get a good workout in, even while using the electric assistance. They allow you to go farther, faster, and higher than ever before, while also still being in control of the amount of assistance you want and when you want it.Co-op Cycles DRT e1.1 Electric Mountain Bike, $1,599 (was $3,199) at REI

Courtesy of REI

Shop at REIWhy do shoppers love it?This bike has tons of features to ride in style. This bike features the Bosch Performance Line smart system, which is a mid-drive motor that can reach assist speeds of up to 20 miles per hour. It can connect your e-bike to the eBike Flow mobile app, which allows you to track ride data, usage, tune modes, and more, while also allowing you to connect to other popular apps, like Strava, to record your rides. Your ride info will also show up on the Bosch Kiox 300 ride display in real time, located in the middle of your handlebars. Related: Walmart has a $650 electric bike for just $350 that goes 65 miles on one chargeThis bike is built for the mountain, with tubeless-ready rims and 27.5-inch tires that minimize flats and a hardtail aluminum frame that can withstand a beating on the trail. It’s equipped with nine speeds, offering a versatile ride for different occasions. The battery can be charged on or off the bike, and it can charge 50% in as little as 1.7 hours or fully charge in approximately 4.5 hours, allowing you to charge it overnight or just a bit during breakfast before you head out. Details to knowSizes: This bike comes in sizes XS through XL, with reviewers saying it fits a bit large. REI offers an interactive size chart that allows you to put your info in to get the best fit. Gears: This bike features nine gears for all types of adventures. Wheel size: They are standard 27.5-inch wheels.One reviewer said, “This is my first e-bike, and it’s fantastic — definitely a 5-star experience. It’s easy to load onto my Lolo rack. The Bosch pedal-assist system is intuitive and user-friendly, with the bonus of syncing to my phone. I also love that I can leave the battery in to charge — super convenient.” Another buyer said, “The quality for the price value that the Co-Op line provides seems solid to me. Another strong selling point is the support REI’s bike shops provide and their vast network available.”Shop more dealsCannondale Habit 3 Mountain Bike, $2,000 (was $2,995) at REIXkjqta 26-Inch Electric Bike, $280 (was $300) at WalmartWhether you’re new to the trail or looking for a better way to get up the mountain, the Co-op Cycles DRT e1.1 Electric Mountain Bike is a great choice. The sturdy frame, Bosch Smart system, and 1.7-hour charge make it great for daily rides or weekend trips. Shoppers can save a whopping $1,600 on this bike right now while supplies last, paying just $1,599 for a fully-equipped electric mountain bike at REI.

Bitcoin’s quiet split: Strong in USD, lagging in JPY as Yen rises on intervention fears

July 10, 2026 MMN Editor Filed Under: Coindesk, SUCCESS

A sharp rise in the yen has left bitcoin and other major cryptocurrencies underperforming in yen terms compared with their dollar-based trading pairs.

Bitcoin zips higher to nearly $64,000 as chip rally and yen strength drive gains

July 10, 2026 MMN Editor Filed Under: Coindesk, SUCCESS

Bitcoin is up 4.2% over seven days that contained an oil shock, a bond selloff and two rounds of U.S. strikes on Iran.

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