The leading cryptocurrency, Bitcoin ($BTC), is facing risks in the Middle East on the first trading day of June. This has pushed the price below $73,000, placing $BTC at a critical juncture for the coming days. Market predictions suggest the market could test the liquidity zone around $72,000, while US employment figures are also cited
Bitcoin market analyst PlanB has issued a cautious forecast, stating there is a greater than 50% probability that Bitcoin ($BTC) will fall below $61,000. In a post on X, the analyst known for his stock-to-flow model highlighted a divided market, with some believing the $60,000 level reached in February marked the cycle bottom, while others
It has been suggested that Bitcoin (BTC), the flagship of the cryptocurrency market, may rebound after reaching a short-term low in June. A recent analysis published by BIT, a digital asset research company formerly known as Matrixport, indicates that despite seasonal weakness, there are significant catalysts that could support the market in the coming period.
Bitcoin is currently pinned below $75,000 after falling more than 5% over the past week, with institutional selling, heavy liquidations, and macroeconomic uncertainty keeping the cryptocurrency under pressure. According to CoinGecko data, Bitcoin was trading near $73,300 at last check after briefly dropping to a monthly low of $72,785 on Thursday. The cryptocurrency now sits
A $1.26 billion block sale of BlackRock’s iShares Bitcoin Trust (IBIT) this week might have been driven by a large investor seeking a rapid exit from bitcoin exposure rather than the unwinding of a common hedge-fund trading strategy. That’s according to an analysis published by crypto investment firm NYDIG. The transaction took place on May
Bitcoin’s derivatives markets are pricing in a significant move as $40 billion in options open interest and another $40 billion-plus in futures contracts sit across major exchanges while the leading crypto asset trades at $73,600 on Sunday morning at 11:30 a.m. ET on May 31. Key Takeaways: Bitcoin futures open interest (OI) across 11 exchanges
The prolonged four-month calm on the crypto market is likely coming to an end. At least that is what popular CryptoQuant on-chain analyst Maartunn warned investors about, pointing to an inevitable and abrupt breakout of Bitcoin from its current trading range. According to his calculations, the amplitude of the move next week or immediately after
A storm of “Bitcoin treasury companies” is growing in the financial world. Matt Cole, CEO of Strive, who was a guest on “The Wolf Of All Streets” podcast, argued that a new generation of financial products based on crypto assets, particularly the “digital credit” market, will fundamentally change the global financial system. Cole suggests that
Strategy chairman Michael Saylor on Sunday signaled the Bitcoin treasury company would be announcing fresh purchases of the cryptocurrency in the coming days. The social media post comes just days ahead of a proxy vote that depends in large part on retailer shareholders to enable semi-monthly dividend payouts on the company’s STRC perpetual preferred stock.
Bitcoin traded near $73,700 on May 31 as traders watched whether the market could defend short-term support while analysts debated a possible rebound and a deeper cycle low later in 2026. Bitcoin price data showed $BTC trading near $73,713, up 0.28% over 24 hours. The asset remained down 4.18% over seven days, while 24-hour trading