Bitcoin trades at $65,437 on June 15, its highest level in nearly two weeks, after the US and Iran reached a deal to end hostilities and reopen the Strait of Hormuz, pulling the energy-supply premium out of oil and sending risk assets sharply higher across every market. $BTC Daily Chart: Price Bounces Into a Cluster
The long-awaited peace announcements have arrived in the ongoing conflict between the US and Iran. US President Donald Trump stated that the US and Iran have agreed to open the Strait of Hormuz freely, and indicated Friday as the date for the official signing. Positive developments between the two countries boosted Bitcoin and gold, while
Several analysts are debating whether Bitcoin will revisit the $40,000 area before moving back above $100,000. Analyst Michael van de Poppe said the market consensus points to a bottom below $45,000 around October 2026. His post highlighted that many traders expect a major low near that level. However, responses from traders showed skepticism. Some argued
$BTC Acquired: 1,587 $BTC Total Cost: Approximately $100 million Average Price: $63,024 per $BTC Total Holdings: 846,842 $BTC Total Cost Basis: $64.07 billion Average Acquisition Price: $75,656 per $BTC Latest Bitcoin Purchase Details Strategy Inc. (Nasdaq: MSTR), formerly known as MicroStrategy, has announced the acquisition of an additional 1,587 Bitcoin for approximately $100 million at
During every major correction period for Bitcoin, the most important question on investors’ minds remains the same: Has the bottom been reached? Following the sharp sell-offs in the cryptocurrency market in recent months, this debate has once again become central, and leading investment funds and managers in the sector have shared their assessments of the
Following the sharp fluctuations in the cryptocurrency market in recent weeks, new assessments regarding Bitcoin’s direction continue to emerge. According to the research firm 10x Research, the dynamics of the options market, which accelerated Bitcoin’s decline two weeks ago, may now work in the opposite direction, contributing to a price increase. The analysis, shared by
Summary Bitcoin traders are increasingly focused on Tuesday’s Bank of Japan meeting, where a widely expected rate hike to 1 percent could echo past shocks to crypto markets. A large build-up of speculative short positions in the yen raises the risk of a sharp short squeeze if the BOJ signals more aggressive tightening, potentially unwinding