Bitcoin's price dropped below $66,000 on April 2, 2026, causing over $251 million in long position liquidations in 24 hours. The decline is driven by geopolitical tensions in the Middle East, U.S. trade policy shifts, and reduced institutional demand for Bitcoin ETFs. Technical analysis shows Bitcoin struggling under a descending resistance line near $67,500 and testing support around $65,581, with bearish momentum indicated by an RSI near 38. The market faces uncertainty whether this is a short-term correction or the start of a deeper bearish trend, with key levels to watch being $65,500 support and a breakout above $70,000 for a bullish reversal.
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...
Abraxas Capital moved 618 BTC worth about $40 million onto Kraken, likely preparing to sell, while withdrawing 8,153 ETH valued at $15.3 million from Binance and Bybit, signaling a possible shift from Bitcoin to Ethereum. This $55 million transaction...
Bitcoin's price surged above $65,000, reaching a high of $68,560, marking a 29% recovery from its recent low. This rally is driven by $1.2 billion inflows into spot Bitcoin ETFs, reflecting renewed institutional optimism at an average cost basis of $...
