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.
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.
Bitcoin surged past $88,000 on Monday before settling around $86,800, marking its highest price since late March.
Bitfinex CTO Paolo Ardoino shares insights on Bitcoin's unique nature as a mathematically governed asset, emphasizing financial freedom and decentralization as core principles.
With a recent significant technical advance, Shiba Inu may be about to start a long-awaited bull run. The 50-day Exponential Moving Average (EMA), a crucial resistance level that frequently serves as the first gate to trend reversals, has finally been reached by SHIB after weeks of consolidation and muted price action.
Bloomberg commodity strategist Mike McGlone says that there's a chance of a massive correction in US markets that could pummel the price of Bitcoin (BTC), oil and stocks.
Current market data shows that the price of Gold has surged to new highs amid rising economic concerns. Crypto critic and Economist Peter Schiff believes it could climb even further as the Presidency pressures the U.S. Federal Reserve to cut interest rates.
The wider crypto market may be attempting to follow the Gold price but the short-term selloff continues to persist. DOGE price has potentially bottomed, but a retest could happen again before market reversal. Dogecoin (DOGE), the largest memecoin by market capitalization, remains highly synchronized with Bitcoin's (BTC) price action.
Bitcoin miners face the tightest margins since 2023, warns theminermag.com's Head of Research Wolfie Zhao, as hashprice flirts with critical break‑even territory. Trump Tariffs Add Jitters to Miners Already Hit by Rising Difficulty, Study Finds According to theminermag.
Bitcoin is now facing a critical test after breaking above the $87,000 mark, following several days of tight consolidation between the $82K and $85K range. This breakout comes at a pivotal time, as global macroeconomic uncertainty and geopolitical tensions continue to weigh on financial markets.
On Monday, the cryptocurrency market experienced a notable uptick as bitcoin reached an intraday high of $88,527, reflecting renewed interest. While bitcoin recorded a decent 2.61% gain by evening, several alternative digital assets outperformed, securing more substantial increases. Among them, convex finance token (CVX) stood out, climbing 21.04% within a 24-hour period.
Bitcoin (BTC) has demonstrated notable resilience amid widespread macroeconomic uncertainty, but the zone between $91,000 and $92,000 still poses a threat to an extended upward movement. The latest edition of the “Bitfinex Alpha” report highlighted that BTC rebounded sharply, even as traditional markets continued to experience heightened volatility.
Metaplanet has added an additional 330 Bitcoins, which equates to $28 million. The Japanese investment firm wants to add 21,000 Bitcoins by 2026.
South Korea's central bank says it will 'actively participate' in stablecoin legislation development and GSR helps a consumer products firm establish a SOL treasury.
The Japanese investment company owns 4,855 digital coins.
The week has begun on an interesting note, with the U.S. dollar crashing to three-year lows alongside losses on Wall Street, yet bitcoin, which usually follows the sentiment on Wall Street, stands tall.
Data shows the Bitcoin Open Interest has registered a sharp increase as the cryptocurrency's price has recovered beyond $87,500. Bitcoin Open Interest Is Up More Than $2 Billion As pointed out by CryptoQuant community analyst Maartunn in a new post on X, the Open Interest has shot up for Bitcoin during the past day.
Volatility has always been one of the first things mentioned in various Bitcoin drawbacks lists. According to a recent Ark Invest report, Bitcoin's volatility reached its lowest level ever.
Trump's rhetoric is weakening the greenback, according to one analyst.
Investors have been wondering whether Bitcoin's (BTC) bull run is beginning to weaken or merely taking a breather following its recent price action. However, on-chain analyst Julio Moreno believes a key resistance level may be forming just above the $91,000 to $92,000 range.
Strategy is bridging Bitcoin to Wall Street with 55 million investors now indirectly exposed through MSTR holdings.
CNBC's Tanaya Macheel reports on news regarding Bitcoin.
China has added five tonnes of gold to its reserves in under a month as part of an increasing aggressive purchase of the precious metal. Bitcoin continues to stand firm above the $87,000 level despite recent market fluctuations.
President Trump renewed attacks on Fed Chair Jerome Powell, calling for urgent rate cuts amid claims of declining inflation.
Bitcoin miners are earning $45 (PH/s) based on data from the Hashprice Index. This is the lowest level the index has seen in the past five years.
The outlook in the broader crypto market has further placed Bitcoin (BTC) in the spotlight as the coin is exhibiting a decoupling from the general stock market. Amid the bullish market shift, the BTC open interest has skyrocketed by 4.97% in the past 24 hours.
The crypto market has started the week on a bullish note, registering a jump of over 2% and rising to $2.75 trillion as cryptocurrency prices registered a sharp increase thanks to a perceived threat to the Federal Reserve's independence after President Trump's comments on Fed Chair Jerome Powell.
Bitcoin (BTC) is taking a stand even as the broader stock market keeps sliding down to its tariff-related lows on Easter Monday.
On today's episode of CNBC Crypto World, bitcoin tests the $88,000 level while the U.S. dollar falls to a three-year low after President Trump ramped up his attacks on Fed Chair Powell. Plus, Bybit's CEO says roughly 28% of the funds stolen in a February hack are untraceable.
After the network achieved an all‑time high of 926 exahash per second (EH/s) and experienced a 1.42% difficulty bump to 123.23 trillion, roughly 52 EH/s have exited the network since April 17.
Cryptocurrency markets ticked higher on Monday as Bitcoin's performance drew attention from commentators eyeing a shift in macro sentiment. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $86,937.92 +2.8% Ethereum (CRYPTO: ETH) $1,572.74 -0.5% Solana (CRYPTO: SOL) $135.64 -0.6% XRP (CRYPTO: XRP) $2.07 +0.8% Dogecoin (CRYPTO: DOGE) $0.1570 +1.9% Shiba Inu (CRYPTO: SHIB) $0.00001236 -1% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 11.3% and daily active addresses falling by 10.3%.
As the SEC is signaling its willingness to approve new altcoin ETFs, 72 active proposals are awaiting a nod. Despite the growing interest from asset managers to launch more altcoin-based products in the institutional market, Bitcoin ETFs currently command 90% of crypto fund assets worldwide.
As Bitcoin hovers around 85,000 dollars, Strategy, the company led by Michael Saylor, continues its ambitious accumulation strategy. In one week, the company invested over 550 million dollars to bolster its already colossal position in the queen of cryptos.
Bitcoin is now trading above short-term highs after reclaiming the $87,000 level just a few hours ago. This move signals growing strength among bulls, but a full bullish reversal will only be confirmed once higher resistance levels are broken.
Bitcoin's long-term holders are seeing a spike in profit margins.
In a notable reversal of market trends, Cardano (ADA) has emerged as the frontrunner for institutional investment in the cryptocurrency space, outpacing industry giants Bitcoin, Ethereum, and Solana in recent weeks.
After a sharp rise near the end of the weekend, Bitcoin is now at a technical crossroads. While momentum sparked hopes of a trend reversal, the underlying structure tells a more cautious story — one that traders shouldn't ignore.
Strategy, formerly MicroStrategy, is following through on its plans to accumulate as much Bitcoin (BTC) as possible. According to on-chain data from Lookonchain, Strategy, led by founder and CEO Michael Saylor, now holds close to $47 billion worth of the crypto king after a massive half-billion buying spree last week. “Strategy bought another 6,556 BTC($555.