Bitcoin has risen above $80,000, fueled mainly by strong inflows into U.S. spot ETFs and increased leveraged long positions rather than broad spot buying. On-chain data reveals that April's rally was driven by perpetual futures demand while spot demand contracted, indicating a fragile price increase prone to reversal. Prediction markets assign a 56% chance of reaching $85,000 this month but only a 23% chance of hitting $90,000, reflecting cautious trader sentiment. This suggests the rally depends heavily on continued inflows and leverage, making it vulnerable to sharp reversals if these factors wane.
Cathie Wood, CEO of ARK Invest, has increased her Bitcoin price forecast to $1.25 million within five years, with a conservative estimate of $750,000. This bullish outlook is driven primarily by growing institutional adoption from pension funds, weal...
On May 26, XRP exchange-traded funds (ETFs) recorded net inflows of $1.55 million, continuing a 27-day streak of institutional accumulation despite broad market sell-offs affecting Bitcoin and Ethereum ETFs. While Bitcoin and Ethereum ETFs saw signif...
Oil prices have surged over 75% in 2026 amid escalating Middle East tensions, with West Texas Intermediate and Brent crude rising from around $60 to above $100 per barrel. This surge has flipped the usual positive correlation between oil, Bitcoin, an...
Bitcoin extended its pullback to around $75,649, down 1.23%, amid a 72% surge in 24-hour trading volume to $35.6 billion, indicating active repositioning rather than panic selling. Despite increased volume, daily volatility remained muted, suggesting...
Leading cryptocurrencies like Bitcoin and Ethereum dropped sharply as 'Extreme Fear' sentiment returned to the crypto market, with Bitcoin falling below $76,000 and over $300 million liquidated in 24 hours. Meanwhile, major U.S. stock indexes reached...
