Bitcoin surged over $2,000 on May 1, reaching an intraday high near $78,924 and testing the $79,000 resistance level after gaining 13% in April. This jump triggered $120 million in short position liquidations, pushing Bitcoin's market cap to nearly $1.57 trillion. The rally was partly driven by geopolitical developments, including a tentative diplomatic proposal from Iran to the U.S., though uncertainty remains due to ongoing Middle East tensions. Analysts warn that shifts in Federal Reserve policy and geopolitical risks could increase volatility in high-value assets like Bitcoin going forward.
Bitcoin surged toward $67,000 following reports of a U.S.–Iran ceasefire framework, triggering a relief rally as oil prices fell and risk appetite improved. However, this rally faces resistance near $67K due to overhead supply, ETF outflows, and rece...
On June 15, Ethereum, Solana, and XRP spot ETFs attracted net inflows, signaling growing investor confidence in these cryptocurrencies. In contrast, Bitcoin spot ETFs experienced $64.09 million in net outflows, reflecting a shift in preference among ...
Despite Bitcoin's recent 10% recovery, analyst Ali Martinez warns the next bull market is not imminent. He points to the Cumulative Value Days Destroyed (CVDD) metric, which last marked a market bottom when Bitcoin hit around $48,000. Martinez sugges...
Bitcoin surged past $66,000 while Ethereum and Solana also gained, driven by easing geopolitical tensions and renewed risk appetite. Despite about $3 billion in outflows from Bitcoin ETFs, experts say this reflects market maturation rather than decli...
Three major institutions—Galaxy Digital, NYDIG, and Standard Chartered—disagree on whether Bitcoin has hit its bottom, with estimates ranging from not yet to around $59,000. Bitwise CIO Matt Hougan argues the focus should be on their shared view that...
