The popular meme coin is the top performer once again.
Bitcoin bouncing from the 50-day moving average and a push past late March resistance levels has definitely reawakened bullish sentiment. With BTC now holding around $88,450 and edging closer to reclaiming its 200-day moving average, the market's looking at $95,000 as the next stop.
Bitcoin is climbing again to $89,000 and now it's eyeing a key resistance level of $90,000 to break. Perhaps, popular crypto analyst Michael van de Poppe, Bitcoin might take a small dip to $76,604 before going higher. He also believes that a deal between the U.S. and China could help push the price up again.
Gold blasted past $3,500 a troy ounce for the first time ever on Tuesday after Trump escalated his feud with Federal Reserve chair Jay Powell.
Bitcoin is decoupling from the US stock market and starting to trade more like precious metals, in another signal of Bitcoin's growing role as a safe-haven asset against global economic disruption.Bitcoin's (BTC) price is showcasing its growing maturity as a global asset, becoming “less Nasdaq — more gold” over the past two weeks, according to Alex Svanevik, co-founder and CEO of the Nansen crypto intelligence platform. Bitcoin staged a 12% recovery in the two weeks leading up to April 22, despite ongoing tariff escalation between the world's largest trading nations.
The “Buy Bitcoin” sign, immortalized by Christian Langalis during a live Congressional hearing nearly eight years ago, is back in the spotlight as the top cryptocurrency confronts bearish pressures due to macroeconomic uncertainties. What happened: Langalis, a then 22-year-old Cato Institute intern, impulsively drew the placard and held it up behind then-Federal Reserve Chair Janet Yellen during her testimony.
Tokyo-listed Metaplanet has purchased an additional 330 BTC worth $28.2 million, lifting its total holdings to over $423 million and positioning it as Asia's largest corporate Bitcoin holder.
Bitcoin climbs to $88.5K as Strategy and Metaplanet buy over $580M in BTC. Fed pressure, weak dollar, and institutional demand fuel bullish momentum. The post Bitcoin Price Breaks $88K—$580M in Buys from Strategy, Metaplanet appeared first on Cryptonews.
The persistent increase in Bitcoin Dominance (BTC.D) has fueled speculation about the potential for an altcoin season. While some analysts anticipate a correction in BTC.D that could open the door for altcoins to gain traction, a market expert has raised caution.
Bitcoin (BTC) is on the cusp of breaking out relative to the Nasdaq 100 Composite, with the current BTC/Nasdaq ratio sitting at 4.96. This means it now takes nearly five Nasdaq units to match the value of one bitcoin.
Strategy adds 6,556 Bitcoin worth $556 million to its holdings, bringing its total to 538,200 BTC as institutional crypto adoption grows.
Bitcoin (BTC) remained resilient above $88,000 early Tuesday, supported by safe-haven demand as the Japanese yen surged past the key 140 level against the U.S. dollar. Investors flocked to traditional and digital hedges amid growing geopolitical and economic uncertainty, including concerns over U.S. trade tariffs and speculation around a potential change in Federal Reserve leadership.
In a notable shift, options data reveals rising bullish sentiment for bitcoin (BTC) and the euro (EUR) as investors rotate away from U.S. assets. Despite sharp declines in the U.S. stock market, short- and near-dated bitcoin risk reversals turned slightly positive, indicating growing demand for call options over putsa sign of bullish expectations.
Dogecoin (DOGE) is capturing attention after outperforming Bitcoin (BTC) in key on-chain metrics amid a broader market rally. According to IntoTheBlock, DOGE surpassed BTC in large transaction volume and daily active addresses by 41.12% and 34.91%, respectively.
Bitcoins (BTC) recent price movement has raised questions about whether its bull run is losing steam or simply pausing. On-chain analyst Julio Moreno highlights a significant resistance zone forming between $91,000 and $92,000, which aligns with the Traders Realized Pricethe average price current holders paid for their BTC.
The week kicked off with a sharp drop in the U.S. dollar, which hit a three-year low, and losses across Wall Street. Yet, Bitcoin (BTC) is defying the trend, climbing 2.3% in the past 24 hours to trade around $86,800.
Bitcoin (BTC) surged 2.3% in the past 24 hours, reaching $86,800 for the first time since April 3, defying broader market weakness driven by tariff concerns. The rise comes as U.S. equities plunge, with the SP 500, Nasdaq, and Dow Jones down over 3% each.
Bitcoin has now been seeing a consistent price increase, indicating a resumption in upward momentum. So far, the asset has regained some of its losses from its recent period of correction, with its price now trading above $87,000, closing in on the $90,000 psychological level.
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.
Ethereum is quickly losing ground to Bitcoin, with the ETH/BTC ratio falling to its lowest level in five years. According to CoinGecko data, the ETH/BTC ratio now stands at 0.01787, a level not seen since January 2020.
Bitcoin nears $90,000 as Treasury buybacks, dollar weakness, and Michael Saylor's new $555 million purchase fuel analyst predictions of $100,000+.
Sentiment around the Dogecoin price is still surprisingly bullish despite having dropped by more than 60% over the last few months. This is strengthened by the fact that investors still believe that the crypto bull market is far from over.
Bitcoin's (BTC) commanding position in the crypto ecosystem continues to strengthen.
Spot Bitcoin exchange-traded funds in the United States recorded their highest daily inflows in three months, fuelled by renewed risk-on sentiment after President Donald Trump threatened to fire Federal Reserve chair Jerome Powell.
Strategy, formerly known as MicroStrategy, the now Bitcoin proxy firm founded by Bitcoin (BTC) bull Michael Saylor, made headlines once again on Monday by acquiring an additional 6,556 BTC, bringing its total BTC holdings to an impressive 538,200 BTC. This latest purchase, amounting to approximately $556 million at an average price of $84,785 per Bitcoin, comes amid increasing market volatility, mainly characterized by BTC's inability to surpass the $90,000 mark since early March of this year.
U.S. spot bitcoin ETFs recorded $381.4 million in net inflows on Monday, marking their largest daily inflow since Jan. 30.
A widely followed crypto strategist says Bitcoin is about to flip bullish as multiple technical indicators flash green for BTC. Trader Kevin Svenson tells his 161,100 followers on the social media platform X that Bitcoin's relative strength index (RSI) indicator on the weekly chart has confirmed a bullish breakout after last week's candle close.
Bitcoin (BTC) held steady above $88,000 early Tuesday as the Japanese yen crossed the psychological level of 140 against the U.S. dollar, as tariff concerns and risks of a Federal Reserve chairman shuffle in the states broadened the appeal of safe-haven assets.
This week kicked off on a positive note for Bitcoin ETFs, as institutional investors are making a strong comeback. On Monday, Bitcoin ETFs recorded over $380 million in net inflows, marking their largest single-day inflow since January 30.
In a surprising development, options linked to bitcoin (BTC) and the euro-dollar (EUR/USD) exchange rate are indicating strength against the U.S. dollar despite a downturn in the U.S. stock market. This trend suggests the "sell America" trade is gathering pace.
Bitcoin (BTC) traders see a BTC price reversal already beginning as classic resistance stops bulls in their tracks. BTC/USD 1-hour chart.
Bitcoin (BTC) traders see a BTC price reversal beginning as classic resistance stops bulls in their tracks. BTC/USD 1-hour chart.
Strategy, previously referred to as MicroStrategy, has purchased an additional 6,556 Bitcoin in a $555.8 million acquisition. The firm acquired the Bitcoin between April 14 and April 20, spending an average of $84,785 per coin.
US-based Bitcoin exchange-traded funds (ETFs) had their largest day of net inflows since late January, as crypto markets remained buoyant over the Easter weekend.The 11 Bitcoin (BTC)-tracking funds saw a joint net inflow of $381.3 million on April 21, largely carried by a $116.1 million inflow into the ARK 21Shares Bitcoin ETF (ARKB), according to CoinGlass data. It's the largest inflow day for the ETFs since the funds had a $588.1 million joint net inflow on Jan. 30, days after Bitcoin hit a peak and was trading with a six-figure price tag.
The Singapore Exchange plans to launch bitcoin perpetual futures later this year to stay competitive. The launch is expected to benefit SGX by attracting new investors and utilizing its derivatives expertise. SGX Seeks to Tap Rising Institutional Demand The Singapore Exchange (SGX) reportedly plans to launch bitcoin ( BTC) perpetual futures later this year.
Crypto markets are showing resilience as the US currency and its stock markets continue to weaken, but there is only one performer.
The market intelligence platform IntoTheBlock has revealed how the Bitcoin resistance ahead is currently looking, based on on-chain data. Bitcoin Could Have An Easier Time Past $90,000 In Terms Of Resistance In a new post on X, the market intelligence platform IntoTheBlock has talked about how the on-chain cost basis map is looking for Bitcoin.
Bitcoin's price action continues to draw attention as it briefly surpassed $87,000 in today's trading session, marking a notable 3.3% increase over the past 24 hours. Though it has since slightly pulled back to around $86,815 at the time of writing, the asset's gradual recovery since last week appears to be building a foundation for potential upward movement.
Donald Trump's policies have led to turmoil in Wall Street as investors rotate from risky assets to safe havens. The Fear and Greed Index has moved into the extreme fear zone, at 22, while US indices like the S&P 500, Dow Jones, and Nasdaq 100 have all plummeted.
Metaplanet has emerged as the tenth-largest public holder of Bitcoin.
A new analysis comparing Bitcoin price movements with the global M2 money supply is gaining attention, offering a possible glimpse into BTC's next big move. Using a predictive offset model, the analysis suggests that Bitcoin is closely following global liquidity trends, and if history repeats, its price could be on track to reach above $100,000.
Bitcoin (BTC) posted modest gains earlier today, trading above $87,000 for the first time since April 1. Crypto analysts now suggest that BTC may be on the verge of a sustained rally, as several key indicators are flashing bullish signals.
With crypto-friendly leadership at the SEC, XRP traders eye the potential withdrawal of the Ripple appeal and ETF market access.
Bitcoin price is moving higher above the $87,500 zone. BTC is gaining pace and might continue higher above the $88,800 zone in the near term.
While gold continues to set new all-time highs (ATH), trading at $3,420 per ounce, Bitcoin (BTC) may soon follow the precious metal's price trajectory, according to crypto analyst Master of Crypto. The analyst pointed out that BTC has tracked gold's ‘power curve' since 2011.
Bitcoin demonstrates resilience amid economic turmoil, outperforming traditional assets despite significant market volatility and macroeconomic challenges, according to Bitfinex Alpha.
Bitcoin's recent surge, briefly surpassing $87,700, follows a weakening U.S. dollar and speculation around upcoming Treasury buybacks.