Bitcoin price fell below $70,000 for the first time since April 7 as crypto markets faced renewed selling pressure. $BTC dropped roughly 3.8% to 4.9% during the session, reaching intraday lows between $69,325 and $69,690 before recovering slightly. The decline came as traders reacted to a mix of geopolitical tension, which caused nearly $800 million
Morgan Stanley, one of the world’s largest investment banks, has deposited 71.664 Bitcoin — valued at approximately $5.09 million — to the Coinbase cryptocurrency exchange, according to on-chain data from Arkham Intelligence. The transfer, detected on March 26, 2025, is widely interpreted by market analysts as a preparatory move for a potential sale, given the
The past few days have been rough for the primary cryptocurrency, whose price once again slipped below $69,000. One popular analyst believes the valuation could now be headed toward $65,000, while many others warn of even deeper declines ahead. The Worst Has Yet to Come? Bitcoin has tumbled by double digits over the past week
Crypto analyst Aralez has revealed that Bitcoin is entering an accumulation zone that could propel it to a new all-time high (ATH). The analyst signaled that $BTC could rally to as high as $250,000 in the next bull market. Analyst Reveals Bitcoin Entering Major Accumulation Zone In an X post, Aralez stated that Bitcoin is
As Bitcoin’s price continues to drop amid the persisting market volatility, the leading cryptocurrency is close to reaching a historic level that has often marked Bitcoin’s bottom in previous cycles. The Bitcoin bottom indicator has become more glaring after Bitcoin slipped below the major $70,000 mark, gradually flushing out all its speculative traders. Bitcoin supply
At 10 a.m. ET on Tuesday, the Bureau of Labor Statistics releases its Job Openings and Labor Turnover Survey for April, and a market that spent years branding Bitcoin as an escape hatch from central banks now hangs on whatever the numbers imply about the Federal Reserve’s next move. This is due to a long
The leading cryptocurrency, Bitcoin ($BTC), fell below $70,000 following a downward trend seen in recent weeks and yesterday’s $BTC sale by institutional bull Strategy. As $BTC fell below $70,000 for the first time since April, the percentage of investors experiencing losses also increased. CryptoQuant analyst Julio Moreno states that the loss in $BTC supply has
New York Stock Exchange-listed technology firm Hyperscale disclosed that it holds 704.3405 Bitcoin as of May 31, confirming a steady corporate treasury position despite a week without new open-market acquisitions. The announcement, filed in a regulatory update, provides a snapshot of the company’s digital asset strategy at the close of the month. Corporate Bitcoin Holdings
As Bitcoin ($BTC) faces renewed bearish sentiment, dropping below the $70,000 mark, the Bitcoin Rainbow Chart suggests the asset remains significantly undervalued relative to its long-term growth trend. The popular valuation model, which uses logarithmic regression to map Bitcoin’s historical price performance, currently places the cryptocurrency below its lowest projected valuation band for the end