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Bitcoin holds above $70k with low sell pressure but weak momentum signals potential drop.

Market News
09 Apr 2026
AMBCrypto
View Source
Bearish
pluang ai news

Bitcoin has maintained a price above $70,000 for three days, supported by eased global tensions, but its upward momentum is weak. Exchange Depositing Addresses have fallen to a 10-year low, indicating reduced selling intent among traders. However, institutional investors continue to sell through Bitcoin ETFs, causing net outflows and sustaining bearish momentum. If this trend continues, Bitcoin may fall below $70,000, with $66,000 as support, though reduced exchange inflows could help it hold above $70,000 and possibly rise to $74,200.

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Purecore signs LOI to option 100% of Yurchison uranium property in Canada's Athabasca Basin

Purecore signs LOI to option 100% of Yurchison uranium property in Canada's Athabasca Basin

Purecore Metals Inc. has signed a non-binding letter of intent with Skyharbour Resources to acquire an option to earn up to 100% interest in the Yurchison uranium property in Saskatchewan's Athabasca Basin. The property covers over 35,000 hectares an...

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Shirofune launches Walmart Connect to automate and unify retail media campaign management.

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Point closes $508.6M HEI securitization, largest ever in home equity investment class

Point closes $508.6M HEI securitization, largest ever in home equity investment class

Point completed a $508.6 million rated asset-backed securitization of its Home Equity Investment (HEI) assets, marking the largest transaction ever in the HEI asset class. The deal attracted over 30 institutional investors and priced at significantly...

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Reactive hot melt adhesives market to reach $4.29B by 2035, driven by automotive and furniture demand.

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1 hour ago
Red Light Holland ships pharmaceutical-grade psilocybin PEX010 to EU for clinical studies after acquiring Filament Health.

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Red Light Holland, after acquiring Filament Health, has expanded its capabilities in pharmaceutical-grade psilocybin development. Filament completed a shipment of its botanical psilocybin drug candidate, PEX010, to the European Union to support multi...

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