Bitcoin fell 4.5% over the weekend due to renewed US–Iran tensions, but remains above the $70,000 support level. Investors are closely watching the upcoming US Producer Price Index (PPI) data for March, expected to show a 0.3% rise, indicating persistent inflation pressures despite some cooling. Rising oil prices linked to geopolitical risks could heighten inflation concerns, complicating Federal Reserve policy and crypto market outlooks. Bitcoin is consolidating within a symmetrical triangle pattern, with a key support at the 20-day EMA; a break below could lead to a retest near $67,000, while holding above may push prices toward $72,000. Strategy Inc.'s ongoing BTC purchases help absorb selling pressure during these risk-off events.
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 $...
Bitcoin has surpassed important resistance levels and formed a bullish reversal pattern, signaling potential gains. The critical level to watch is $65,000; a firm hold above this could lead Bitcoin toward $67,000 and then $70,000. However, if Bitcoin...
Several cryptocurrencies have challenged Bitcoin by focusing on specific features: Monero offers strong transaction privacy, Bitcoin Cash provides cheaper payments, tokenized gold delivers price stability, and stablecoins handle large transaction vol...
Bitcoin's long-term holders, known as whales, have stopped their two-year selling streak, with activity from old wallets dropping by over 50% in 2026. This marks the end of the 'Great Distribution' period, where veteran investors sold large amounts o...
