Bitcoin surged beyond $81,000 for the first time since January on Monday before experiencing a minor decline. The recent moves have market observers questioning whether the debasement trade has returned. The largest cryptocurrency was recently trading at $79,098 on Tuesday morning in New York, following a peak of $81,160 the previous evening. Over a 24-hour … Read more
Last week, Bitcoin saw its most remarkable weekly increase in three years, rising from less than $65,000 to nearly $80,000 in less than 48 hours. Such explosive moves are typically followed by a sharp retracement as investors tend to secure profits, particularly after extended periods of sideways activity devoid of significant gains. BTC has indeed … Read more
A relatively small change in the U.S. government bond market catalysed one of bitcoin’s most pronounced rallies in recent months this week, as declining long-term yields provided traders with a rationale to reverse a historic accumulation of bearish positions in the cryptocurrency market. The U.S. Treasury announced an increase in the scale of its buyback … Read more
Bitcoin price continued to find support above the $75,000 level. BTC established a foundation and positioned itself above $76,200, initiating a recovery wave. There was a movement above the $76,500 and $76,600 levels. The bulls successfully elevated the price beyond the 50% Fibonacci retracement level of the decline from the $78,100 swing high to the … Read more
Bitcoin has surged to $81,719 as of yesterday, breaking above critical technical levels and solidifying its position above the $80,000 mark. While bulls seem to have a strong grip, resistance around $85,000 is on the horizon, indicating a possible inflection point for the ongoing rally. Bitcoin’s movement above the True Market Mean of $78,200 and … Read more
Over the course of the last thirty days, there has been a noteworthy 21% rebound in the market’s largest cryptocurrency, propelling it past the $81,000 mark for the first time since January. Bitcoin is approaching a crucial threshold that, if surpassed by a daily close, could trigger another upward movement. In a recent post on … Read more
The cryptocurrency surged past $78,000 on Wednesday morning, marking a 2.2% increase over the last 24 hours and a 4.3% rise for the week. This uptick follows President Donald Trump’s announcement to extend the Iran ceasefire indefinitely, alongside Strategy’s disclosure of acquiring 34,164 BTC for $2.54 billion. Ether surged 2.1% to reach $2,366, BNB increased … Read more
Bitcoin price surged more than 5% on the evening of April 13, climbing close to the $75,000 level and marking its strongest intraday move in several weeks as traders responded to a blend of macro pressure and technical positioning. The recent rally comes after a series of volatile trading days, with bitcoin maintaining a narrow … 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
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
