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Bitcoin closes above 21-week trend line amid geopolitical tensions, signaling potential price rise.

Market News
01 May 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Bitcoin recently closed above its 21-week moving average for the first time since October 2025, suggesting renewed upward momentum. This technical milestone occurs amid Middle East geopolitical tensions and inflation, which have increased Bitcoin's appeal as a hedge against financial instability. Prediction markets show high confidence that Bitcoin will stay above $68,000 into early May. Investors should watch geopolitical developments and U.S. monetary policy for impacts on Bitcoin's price trajectory.

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Bitmine buys $74M more ether as optimism grows over US crypto Clarity Act

Bitmine buys $74M more ether as optimism grows over US crypto Clarity Act

Bitmine Immersion increased its Ethereum holdings by 42,197 ETH, worth about $74 million, raising its total to 5.74 million ETH or 4.8% of the circulating supply. Chairman Tom Lee credits this buying spree to rising investor optimism that the propose...

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Cryptocurrency prices mostly decline with Bitcoin near $62,000 amid mixed market trends.

Cryptocurrency prices mostly decline with Bitcoin near $62,000 amid mixed market trends.

Cryptocurrency prices showed a general downward trend, with Bitcoin trading near $61,955, down 1.12%, and Ethereum at $1,747.46, down 0.88%. Other major coins like Binance Coin and Cardano also saw declines, while a few tokens experienced minor gains...

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Bitcoin rebounds above $62K, easing fears of deeper correction as crypto market stabilizes.

Bitcoin surged to around $62,800 after dropping below $58,000 earlier in July, signaling renewed confidence in the crypto market and easing concerns of a deeper fall to $50,000. Ether also recovered to about $1,760 following a recent dip. While major...

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Bitcoin developer Luke Dashjr rejects calls to withdraw BIP-110, a proposal limiting non-financial data on Bitcoin.

Bitcoin developer Luke Dashjr rejects calls to withdraw BIP-110, a proposal limiting non-financial data on Bitcoin.

Bitcoin developer Luke Dashjr has dismissed calls to cancel BIP-110, a controversial proposal aiming to temporarily limit non-financial data like Ordinals and Runes on the Bitcoin network. The proposal seeks to preserve Bitcoin's core use as a peer-t...

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