Bitcoin price rose to near $74,000 after President Trump announced the US Navy would lift its blockade of the Strait of Hormuz, reducing shipping concerns in this key energy route. This easing of geopolitical tensions triggered a short squeeze in crypto markets, with $5.57 million in Bitcoin liquidations fueling the rally. Trump also mentioned ongoing negotiations on an Iran deal, which remains unresolved but could impact future market sentiment. Bitcoin now faces key resistance at $75,000, with potential for further gains if it breaks this level, while failure could lead to a pullback toward support zones around $70,000.
Bitcoin ETFs have seen over $4 billion in outflows since early May 2026, reflecting growing investor caution amid market uncertainty. Despite heavy selling by institutions and retail traders, data shows increasing Bitcoin accumulation by both retail ...
Bitcoin whale wallets holding 1,000 to 10,000 BTC are shrinking at the fastest rate this year, mirroring the 2022 bear market conditions when accumulation stalled and turned negative. Dolphin wallets, mainly ETFs and corporate treasuries, continue to...
Bitcoin recovered to around $74,000 after President Donald Trump announced the end of the US naval blockade of the Strait of Hormuz, which had caused significant geopolitical tension and market volatility since early April. The blockade's end eased f...
Cryptocurrency markets display varied price changes, with Bitcoin trading around $73,440, up nearly 1%. Ethereum and other major coins like BNB and XRP also see modest gains. Some altcoins, including Injective Protocol (INJ) and Lab (LAB), experience...
Bitcoin has declined 5.42% over the past week, trading near $73,693 amid ongoing outflows from BlackRock’s iShares Bitcoin Trust (IBIT), signaling weakening institutional demand. Meanwhile, Wall Street is increasingly investing in artificial intellig...
