The Bitcoin price experienced a slight slowdown over the weekend following a largely positive trend in the preceding days, dipping below $73,000 in the early hours of Saturday, April 11th. An on-chain analyst reports that investors are starting to boost their exposure to the largest cryptocurrency by market capitalization. In a recent post on the … Read more
Bitcoin has surged following the ceasefire between Iran and the US, successfully reclaiming the $73,000 mark as geopolitical tensions ease and oil prices decline. The recent developments have sustained the momentum that began with the initial surge post-truce, leading some analysts to suggest that the market may be nearing a critical juncture where short positions … Read more
Bitcoin price successfully surged past the $70,500 resistance zone. BTC is picking up momentum, aiming for a breakout above the $71,500 and $72,000 thresholds. The pair surged past the $72,500 mark. Additionally, a breakout occurred above a bullish flag pattern, with resistance identified at $71,250 on the hourly chart of the BTC/USD pair. A peak … Read more
Bitcoin traded at $70,981 on Thursday, down 0.5% over 24 hours but still up 6.1% on the week, as the two-week ceasefire between the U.S. and Iran that triggered Tuesday’s broad rally began showing cracks less than 48 hours after it was announced. Iranian Parliament Speaker Mohammad Bagher Ghalibaf stated that three clauses of the … Read more
Bitcoin price experienced a notable surge late Tuesday, rising approximately 5% from a day-long range of $67,000–$68,000 to reach an intraday high of $72,753. This movement came as geopolitical tensions appeared to ease following a surprise ceasefire announcement related to U.S.-Iran negotiations. The rally was sparked by Donald Trump’s announcement that he would pause any … Read more
West Texas Intermediate crude has surged to $115 a barrel, gasoline prices in the US have skyrocketed nearly 40% since late February, and Bitcoin continues its struggle to breach a barrier it has encountered unsuccessfully on six occasions. On Monday, Bitcoin briefly reached $69,550, marking a modest 3.30% gain that sent shockwaves through the derivatives … Read more
Bitcoin surged 3% to $69,120 on Monday as traders came back from the Easter weekend, fueled by a wave of optimism regarding a potential ceasefire in Iran. This rally propelled the largest cryptocurrency to its highest point in more than a week, resulting in the liquidation of $196 million in short positions within the last … Read more
Charles Schwab is set to make waves in the crypto space by launching direct trading for Bitcoin and Ethereum on its platform, marking a pivotal moment for the adoption of these leading assets. Schwab, recognized as one of the largest financial institutions globally with trillions in client assets under management, is making a significant move … Read more
According to ETF analyst, Bitcoin ETFs provide a broader range of use cases for the typical investor’s portfolio compared to a gold ETF. Spot Bitcoin exchange-traded funds may exceed gold ETFs in total assets under management as investor interest grows beyond the conventional “digital gold” narrative. “There are just more use cases of why somebody … Read more
Bitcoin’s price experienced a decline following President Donald Trump’s indication of a possible increase in military action against Iran. This development led to a widespread pullback in global markets and sparked concerns about the potential for Bitcoin to test lower support levels. Following Trump’s address on April 1, Bitcoin’s price experienced a significant decline, plummeting … Read more