Bitcoin [$BTC] surged past the $66,000 mark for the first time since the 17th of June. The move tracks a broader market recovery playing out across altcoins, with the total crypto market capitalization crossing $2.25 trillion on the back of the rally. Yet the data shows Bitcoin may still be undervalued at its current price,
Bitcoin ($BTC) built on gains at Tuesday’s Wall Street open as crypto echoed resilient US stock markets. Key points: $BTC price action approached $67,000 despite new geopolitical and macroeconomic pressures. Neither the US-Iran war nor proposed international trade tariffs were able to disrupt risk-asset upside. Bitcoin needed a reclaim of its 21-week simple moving average
Lawrence Lepard, founder and portfolio manager at Equity Management Associates, assessed the recent declines in the cryptocurrency market, the MicroStrategy controversy, and global monetary policies. Lepard attributed Bitcoin’s drop to the $58,000 level to an exaggeration of market fears (FUD), recalling past lows of $4,000 and $15,000. The renowned investor stated that investors’ anxiety during
While the leading cryptocurrency Bitcoin has climbed above $66,000 with the upward momentum it has gained in recent days, the picture also looks positive for altcoins. However, Santiment warns against the rise in the short term for $BTC and some major altcoins. In this context, the cryptocurrency analysis platform Santiment examined MVRV ratios. As recovery
Bitcoin reclaimed the high-timeframe range at $66K. $BTC repeats the setup seen before the 2015, 2019, and 2022 rallies. As of July 21, the Bitcoin ($BTC) price is trading at $66,286, breaking above and reclaiming the high-timeframe support range at $66K. It was a level the market has been watching for weeks. Moreover, last month,
In a recent tweet, Starknet outlined a compelling vision for Bitcoin’s future from 2025 to 2027. The post highlights plans to make Bitcoin more productive, private, and resilient in the face of quantum advancements. Such developments could significantly influence Bitcoin’s role in the broader crypto market, emphasizing the need for adaptability in an evolving landscape.
Bitcoin is building momentum above its short-term moving averages, with the 200-day SMA near $73,000 now coming into view. If $BTC clears that resistance, analysts see room for the recovery to extend toward $80,000–$85,000. Bitcoin Eyes $73,000 as Bullish Momentum Builds Bitcoin is showing signs of strengthening after closing above its short-term moving averages. Super฿ro
Bitcoin Japan, a subsidiary of Japan-listed investment firm Metaplanet, has announced plans to raise 9.66 billion yen (approximately $59.5 million) through a convertible bond issuance to fund the expansion of its cryptocurrency reserve, according to a report from Wu Blockchain. The move underscores a growing trend among publicly traded companies in Asia to treat Bitcoin
US gross federal debt reached $39.489 trillion on July 15, leaving roughly $511 billion before the $40 trillion threshold, and this debt total strengthens Bitcoin’s fixed-supply argument. Treasury currently expects to borrow $671 billion in privately held net marketable debt during the July-to-September quarter, with the estimate built on a $950 billion end-of-September cash balance.
Brent crude futures reached $91.42 on July 20, their highest level since June 11, then eased to $88.28 as mediators floated a 10-day US-Iran ceasefire proposal. Bitcoin traded above $65,000 earlier in the session, registering an intraday high at $65,666 and a low at $63,100. As of press time, Bitcoin has now reached $66,313, while