Bitcoin hovered around $66,600 as Good Friday closures paused CME futures and ETF trading, cutting key demand channels. Despite record ETF and corporate buying, net Bitcoin demand dropped to -63,000 BTC due to significant selling by large holders, especially wallets holding 1,000–10,000 BTC, which sold about 188,000 BTC from their highs. The Coinbase Premium indicator shows weaker U.S. buying compared to Binance, and macroeconomic factors like rising inflation data reduce expectations for Fed rate cuts, pressuring Bitcoin's price support. Meanwhile, U.S. stocks ended a five-week losing streak with modest gains, and crude oil surged 11% to $111.54, its largest single-day increase in over 40 years, amid geopolitical tensions.
Cryptocurrency prices are fluctuating with Bitcoin trading above $65,000 and Ethereum near $1,920. Some coins like Zcash (ZEC) and Gnosis (GNO) have seen significant gains of 6.49% and 8.45% respectively, while others like DEXE and AAVE experienced n...
Cryptocurrency prices are fluctuating with Bitcoin rising 1.04% to $65,340 and Ethereum increasing 3.16% to $1,928.95. Other notable changes include Zcash up 6.67% and Dogecoin slightly down by 0.44%. These movements reflect ongoing volatility in the...
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...
