Bitcoin briefly rose from $72,000 to $72,400 following the release of March core CPI data, which showed a 0.2% increase, below the expected 0.3%. This softer core inflation reading eased immediate concerns about aggressive Federal Reserve rate hikes, though headline CPI remained high at 0.9% due to rising energy prices linked to the Middle East conflict. The Federal Reserve's cautious stance remains unchanged as energy costs continue to pressure inflation. Bitcoin remains range-bound near $72,000, with traders watching for a sustained break above $75,000 to signal a stronger rally, while geopolitical developments in US-Iran talks may influence market direction next.
Bitcoin surged 4.37% following a cooler-than-expected CPI report, which reduced market fears of a rate hike and boosted risk appetite. This shift is supported by rising long positions and strong on-chain fundamentals, including increased wallet holde...
Morgan Stanley's Denny Galindo highlights that Solana (SOL) has historically been a better diversifier in crypto portfolios than Ether (ETH), despite SOL's higher volatility. Bitcoin remains a low-correlation asset with traditional markets, but addin...
Bitmine Immersion Technologies Inc. reported $45.7 million in revenue from Ethereum staking in Q3 2026, marking a major shift from bitcoin mining to digital asset management. The company now holds 5.4 million ether valued at $10.85 billion, making it...
Abraxas Capital moved 618 BTC worth about $40 million onto Kraken, likely preparing to sell, while withdrawing 8,153 ETH valued at $15.3 million from Binance and Bybit, signaling a possible shift from Bitcoin to Ethereum. This $55 million transaction...
Bitcoin's price surged above $65,000, reaching a high of $68,560, marking a 29% recovery from its recent low. This rally is driven by $1.2 billion inflows into spot Bitcoin ETFs, reflecting renewed institutional optimism at an average cost basis of $...
