The ongoing tensions in the Middle East continue to put immense pressure on Bitcoin and other risk assets. As investor sentiments turn increasingly cautious, analysts are weighing the potential impact of rising oil prices on Bitcoin. The overall outlook is not looking good, with projections suggesting further downside for the leading cryptocurrency. A clearer path
The publicly traded companies are becoming more and more exposed to Bitcoin which indicates the growing institutional trust in digital assets. The most recent update, published on April 2, shows that the total of Bitcoin that is held by publicly traded companies amounts to a staggering 1,118,892 $BTC. This stash is worth about $74.60 billion
Oil prices surged 10%, exerting pressure on Bitcoin after President Donald Trump’s mixed signals on the West Asia crisis. Trump said the war could end in the next “two to three weeks,” but added, We are going to bring them (Iran) back to the Stone Age, where they belong. In the meantime, discussions are ongoing…
A recent report published by cryptocurrency analytics company CryptoQuant revealed that while institutional buying continues unabated, spot Bitcoin demand is still in a period of “deep contraction.” According to company data, as of the end of March, the 30-day apparent demand growth was approximately -63,000 $BTC. This indicates that selling pressure in the market remains
$BTC has entered a phase of consolidation after a sharp decline from January highs near $100k. The price action shows that $BTC has been respecting a broad ascending channel. The primary current support area is around $60k, and resistance is near the $75k mark. Short-term momentum is also weak, and the market appears to be
The Derivatives Flip “What’s happened in the derivatives market for Bitcoin leaves me much more bullish,” Sigel told Anthony Pompliano on Wednesday. “If you look at what you have to pay for puts versus calls, it’s like we’re in the 99th percentile here of folks paying up for protection. That’s a contrarian long signal,” he
Bitcoin price fell last night after President Donald Trump signaled a potential escalation in military action against Iran, triggering a broad pullback across global markets and raising questions about whether bitcoin price could test lower support levels. The price of Bitcoin dropped nearly 4% within hours after Trump’s April 1 address, sliding to below $66,000
A wave of bitcoin selling from public companies and sovereign entities is adding pressure to the bitcoin market, as firms that once called themselves long-term holders sit on long-term losses and move to shore up balance sheets, repay debt, and fund strategic pivots. Companies including Riot Platforms, Genius Group, and Nakamoto Holdings have all reduced
The rapid increase in the loss-making supply of Bitcoin ($BTC) is raising new concerns about market dynamics. According to recent data shared by the on-chain analytics platform Glassnode, approximately 44% of the circulating Bitcoin supply is currently in the loss zone. Bitcoin is trading at around $66,450, down approximately 47% from its peak of $126,000
Bitcoin’s recent price structure has not been easy to sit through. The price action has spent months moving sideways to lower, printing a series of bearish monthly closes since October that have placed the crypto sentiment in fear. That kind of slow pressure tends to feel worse than sharp sell-offs. According to a crypto analyst,