While on-chain data indicates a positive perspective, the conditions of demand and the expansion of net supply present a contrasting view. Historical on-chain data indicate that bitcoin might be approaching a bottom in this bear market; however, demand conditions suggest that the asset still has considerable distance to cover. According to this week’s report, the … Read more
Bitcoin traded around $63,000 on Monday, recovering from a two-month low reached on June 5. A mix of challenges — spot ETF outflows, macro uncertainty, and capital rotation into artificial intelligence stocks — has driven the world’s largest cryptocurrency approximately 50% below its all-time high of $126,279, which was achieved in October 2025. The decline … Read more
Bitcoin has surged past the $80,000 mark as Asia kicks off its trading week, reaching heights not observed since late January. According to analysts, the resurgence of BTC to $80,000 is being driven by buyers who harbor a lack of complete trust, a phenomenon evident in both positioning data and on-chain signals. ETF inflows and … Read more
Bitcoin price continued to find support above the $75,000 threshold. BTC has established a solid base, positioning itself above $75,500 as it embarks on a recovery wave. A surge occurred, breaking through the $76,000 and $76,200 thresholds. The bulls successfully drove the price above the 50% Fibonacci retracement level of the decline from the $77,888 … Read more
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
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
Over the past week, Bitcoin’s price faced challenges, reflected in its ETF market, where Bitcoin spot ETFs experienced their first net outflows in a month. Prior to this trading session, these investment funds had enjoyed a four-week bullish run, leading to a total net inflow of $2.21 billion. Data reveals that the total trading activity … Read more
Bitcoin price hovered around $75,000, following an impressive eight-day streak that has brought the asset near a significant psychological threshold. The recent surge signifies a notable rebound from February’s lows around $60,000, reigniting discussions on whether the market has indeed reached a bottom. The world’s largest cryptocurrency surged past $75,000 yesterday during U.S. trading hours, … Read more
In early trading on Tuesday morning, Bitcoin prices reached $76,000, as reported. The asset has reached its highest trading level since the crash on February 6. Bitcoin has achieved it. On Tuesday, analyst ‘Sykodelic’ noted that it just closed the daily candle above the $74,500 April 2025 low. “To me, this daily close is a … Read more
The largest cryptocurrency was trading at $71,000 on Saturday morning, reflecting a decline of 0.7% over the past 24 hours following the U.S. airstrikes on military targets located on Kharg Island, which serves as Iran’s primary crude export facility. The pullback from Friday’s $73,838 peak was swift yet controlled. Bitcoin retraced 3.5% following the Kharg … Read more