Bitcoin price edged closer to the $75,000 mark after news reports suggested a potential de-escalation of the U.S.-Iran war. Bitcoin is now close to breaking out of an ascending triangle that could push it higher this week. According to data from crypto.news, Bitcoin (BTC) price rose nearly 6% to a 4-week high of $74,788 on
Key takeaways $BTC is approaching $75,000 after adding nearly 5% to its value since Monday. The rally comes despite the ongoing crisis in the Middle East. Bitcoin ($BTC) has stabilized above $74,000 as of Tuesday’s press time, following a 5% rally the previous day. This price surge comes as the US enforces a blockade on
$BTC whale accumulation happened ahead of the recent rally above $74,000. Long-term holders have also increased their holdings. $BTC is showing a picture of slow recovery and ongoing accumulation. The past few months revealed a steady trend of whale accumulation in various cohorts. Following the recent switch to risk-on assets, $BTC climbed to $74,476.23, for
Prominent Bitcoin investor Fred Krueger has predicted that the flagship cryptocurrency will break its all-time highs again this year. The new peak will be highly consequential, according to the analyst. The main consequences The predicted ATH will disprove the theory that Bitcoin’s price strictly adheres to a four-year halving cycle. The persistent “Quantum FUD” will
Cryptocurrency prediction markets project that Bitcoin ($BTC) is likely to end April trading above the $70,000 level, following weeks of consolidation below it. This outlook comes as Bitcoin re-established itself above $70,000 during a short market rebound. By press time, Bitcoin was trading at $74,535, up about 5.34% over the past 24 hours, while gaining
In brief Bitcoin is up around 13% since the Iran conflict began on February 28, outperforming the S&P 500 and gold. The options market shows easing bearish pressure reflected in the improving 25-delta skew, signaling reduced demand for downside protection. Myriad users see a 75% chance that oil hits $120 next, despite the ceasefire and
Despite ongoing tensions between the US and Iran in the Middle East, Bitcoin (BTC) continues to hold strong. Bitcoin, although it fell to the $70,000 level after the first round of talks between the US and Iran over the weekend ended without a result, rose again above $74,000 following news that a second round of
The next Bitcoin ($BTC) halving is slowly approaching, with the event now roughly halfway into its current cycle. Specifically, the halving is expected to occur in mid-April 2028, at the block height of 1,050,000. As of the time of writing, there are only 105,000 blocks left before the halving is 50% complete, as evidenced by
As tensions between the US and Iran in the Middle East continue unabated, Bitcoin ($BTC) remains strong. Bitcoin, although it fell to the $70,000 level after the first talks between the US and Iran over the weekend ended without a result, has risen again to the $74,000 level. This rise was influenced by news that
Bitcoin’s approach toward $75,000 is drawing increased attention from analysts, who told CoinDesk the level could mark a key shift in the market’s current rangebound structure. “A clean break above $75,000 wouldn’t just be another move higher; it would represent a structural breakout from consolidation and likely shift the market into a new upward trend,”