Large Bitcoin holders moved 984 BTC worth about $72 million off BitGo, signaling accumulation as coins likely remain inactive in new wallets. This occurred while Bitcoin traded near a key support level around $73,000, with buyers absorbing supply despite recent price weakness. The RSI nearing oversold levels and Bitcoin holding its ascending channel support suggest a possible rebound toward $74,500-$75,000 liquidity zones if buying continues. Overall, whale activity and buy-dominant market behavior indicate resilient demand and potential price recovery ahead.
Between late April and early June 2026, Binance's Bitcoin reserves increased by 5.1%, from 617,000 BTC to 648,600 BTC, and Ethereum holdings rose 10.4%. Meanwhile, stablecoin reserves (USDT and USDC) fell by $3.87 billion, reducing the exchange's imm...
Cryptocurrency prices experienced varied changes, with Bitcoin dropping about 2.78% to $71,484, while Ethereum remained nearly flat with a slight increase of 0.12%. Several altcoins showed gains, such as LAB rising over 70%, TON up 18%, and NEAR incr...
Bitcoin fell below $71,000, raising concerns about its weakness compared to the strong Nasdaq market. Analyst Peter Schiff warned that if Bitcoin is weak while Nasdaq hits record highs, it could drop significantly during a Nasdaq correction or bear m...
Bitcoin fell below $71,000 on June 1, marking its lowest point since April, amid rising U.S.-Iran military tensions and a broader crypto market sell-off. This decline wiped out $627 million in leveraged positions and reduced the total crypto market c...
Bitcoin fell sharply by about 3% at the start of the month following news that Michael Saylor sold Bitcoin for the first time. This triggered significant liquidations, with over 154,000 traders losing positions worth $632 million in 24 hours. Spot Bi...
