Bitcoin demand has seen its strongest recovery in 2026, driven mainly by renewed interest from futures traders. The 30-day cumulative demand metric improved significantly, signaling increased buying pressure and confidence among leveraged investors. This surge could fuel a price rally potentially pushing Bitcoin above $70,000. However, spot market demand remains weak, suggesting caution from long-term investors and indicating the rally may be speculative and not fully supported by fresh capital.
Bitcoin is trading near $61,930 after a minor 1.24% dip, holding a key support level at $61,000 that keeps bullish momentum alive despite a broader downtrend. The market shows cautious consolidation with decreased volume and mixed technical signals: ...
Bitcoin's price has remained relatively strong around the $62K support level despite recent US-Iran tensions. The price bounced back to $63K resistance after finding support at key technical levels, but further gains are limited unless geopolitical e...
Anthony Scaramucci, founder of SkyBridge Capital, stated that Bitcoin has outgrown the need for marketing narratives and that its value is fundamentally driven by its mathematical model and protocol. He emphasized Bitcoin as a major modern invention ...
US-listed spot Bitcoin ETFs experienced a net outflow of $84.86 million on July 8, breaking a three-day streak of inflows. The outflows were mainly from Grayscale Bitcoin Trust (GBTC) and BlackRock’s iShares Bitcoin Trust (IBIT), signaling a short-te...
Bitcoin faces pressure to fall below $60,000 as futures traders increase bets on a Federal Reserve rate hike in September, with odds now above 50%. This shift follows divided Fed officials on inflation and rate policy, revealed in recent FOMC minutes...
