Bitcoin rose to $77,000 following increased betting on Polymarket, where traders have wagered over $154 million on a permanent US-Iran peace deal by the end of 2026. This surge in market activity comes as President Donald Trump described his decision on Iran as a "solid 50/50" between accepting a diplomatic agreement or resuming military strikes. Ongoing indirect negotiations and a fragile ceasefire have kept hopes alive for a deal that could ease sanctions and reopen the Strait of Hormuz, stabilizing global energy flows. The outcome remains uncertain, with Trump expected to decide by late May, while markets and traders adjust their positions based on the evolving diplomatic situation.
Crypto analyst Kevin Capital forecasts the next cryptocurrency bull cycle will surpass the previous one, with altcoins set to outperform Bitcoin after years of lagging behind. He notes that macroeconomic shifts, including the end of the Federal Reser...
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...
