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Despite a strong price rally in recent days, Bitcoin’s (BTC) underlying demand momentum remains stuck in negative territory — a sign that the crypto market’s recent optimism may be masking deeper uncertainty. BTC has climbed from around $85,000 on April 21 to nearly $95,000 today, a robust 10% gain that would usually stir bullish sentiment….
Bitcoin’s recent 10.37% rally over the past week has captured the attention of traders, but as the market enters a crucial week filled with key US economic reports, the leading cryptocurrency may face a period of price consolidation. Bitcoin’s surge to $95,700 was largely driven by strong demand from spot buyers and institutional players like…
As Bitcoin (BTC) navigates through a week filled with macroeconomic uncertainty, the cryptocurrency’s price is on the cusp of significant volatility. With critical data on the horizon, traders are watching support levels closely, anticipating potential price fluctuations. Bitcoin at a Crossroads: Price Correction or Bullish Continuation? Bitcoin has recently retested the $92,000 level as support,…
In a seismic shift with far-reaching consequences, China is preparing to slash its US Treasury holdings in favor of Bitcoin and gold, according to BlackRock’s head of thematics and equity ETFs, Jay Jacobs. This bold financial maneuver could send shockwaves through global markets and reshape the future of investing. As of early 2025, China holds…
In a bold revision of its Bitcoin forecast, Cathie Wood’s Ark Invest has raised its bull-case price target for the cryptocurrency to an eye-watering $2.4 million by 2030. The update, revealed in an April 24 report, marks a 60% increase from Ark’s previous high-end projection of $1.5 million. Ark Research analyst David Puell explained that…
Coinbase, the leading U.S.-based cryptocurrency exchange, is expanding its horizons once again — this time into the growing world of on-chain social media. The exchange announced it has added ZORA, the newly launched native token of the Zora Network, to its listing roadmap. Built as a layer-2 solution atop Ethereum (ETH), Zora Network aims to…
After weeks of turbulent trading, U.S. spot Bitcoin Exchange-Traded Funds (ETFs) have stormed back in a major way, recording over $3 billion in inflows over the past week. According to data from Farside Investors, the 11-spot Bitcoin ETFs notched five consecutive days of positive inflows, marking the first full week of inflows in five weeks….
Bitcoin‘s impressive surge above the $90,000 mark has left many analysts and investors wondering if the rally is sustainable. On April 23, the Crypto Fear & Greed Index spiked to 72, indicating a shift into “Greed” territory for the first time in two months. But as Bitcoin continues to hover just below $94,000, sentiment in…
Bitcoin (BTC) has hit the pause button on its recent bullish run, undergoing a mild correction on Thursday as traders locked in profits. After rallying 8.55% this week and reaching a high of $94,696, BTC is now trading around $92,000. While some cooling off was expected, market fundamentals suggest this pullback could be short-lived. Profit-Taking…
A growing shift in Bitcoin ownership is underway, with sovereign wealth funds accumulating the asset just as retail investors are heading for the exits, according to a top Coinbase executive. John D’Agostino, head of strategy at Coinbase, recently told CNBC that the current market correction is revealing a new dynamic: sovereign entities and institutional players…