Bitcoin price today trades near $72,720, up 0.05% after reclaiming the $72,000 level following a bounce from the $60,000 to $65,000 support zone (orange shaded area). The move places buyers in control as derivatives positioning surges despite spot exchange distribution. Open Interest Surges 5.77% While Spot Outflows Hit $161.94M Bitcoin Derivative Analysis (Source: Coinglass) Open
Bitcoin has managed to stage a notable relief rally in recent days, with its price approaching the $73,000 mark. However, market psychology is refusing to follow the price action. The Bitcoin Fear and Greed Index, which shows whether traders remain fearful or greedy, broader sentiment remains paralyzed at a score of 22. For now, the
As the Bitcoin network prepares to mine its 20 millionth coin this March, legendary cryptographer Nick Szabo is sounding the alarm this month. In his view, popular upgrades such as SegWit and Taproot have transformed a financial protocol that once carried a form of legal immunity, turning node operators into unwilling custodians of illegal content.
US spot Bitcoin exchange-traded funds increased inflows on Wednesday, with gains distributed across the vast majority of issuers, as $BTC briefly surged past $73,000. Spot Bitcoin ($BTC) ETFs posted $462 million in net inflows, marking the third consecutive day of inflows and bringing weekly inflows to $1.1 billion, according to Farside data. The new gains
Bitcoin’s price experienced a breakout rise in the last 24 hours, fueled by renewed optimism from investors. The cryptocurrency traded at $72,521, holding above the critical $72,294 support level. While this uptick offers a glimmer of hope for short-term gains, the macro outlook remains a concern, leaving many cautious about Bitcoin’s next move. Bitcoin’s Past
Story Highlights Bitcoin price surged above $71K after clearing key resistance and triggering short liquidations, pushing the broader crypto market higher. Analysts say a breakout above the $76K–$77K resistance zone could trigger a short squeeze and potentially drive Bitcoin toward $80K. Bitcoin price today traded above $71,000 after moving past a short-term resistance level, triggering
Bitcoin’s price continued its upward trend, surpassing the $73,000 level for the first time in three weeks. However, analysts believe that whether this rally is sustainable will largely depend on global liquidity conditions and the trajectory of geopolitical risks. Market experts say that institutional demand and movements in derivatives markets have been particularly influential in
After weeks of steady withdrawals, investors are beginning to allocate fresh capital to U.S. spot bitcoin exchange-traded funds (ETFs). The shift follows a difficult start to the year for the products. From mid-October, when bitcoin’s price began its downfall, through late February, spot bitcoin ETFs recorded cumulative outflows of about $9 billion, according to data
Bitcoin surpassed $73,000, reaching its highest value in recent weeks, driven by increasing resilience in the cryptocurrency markets and strong capital inflows into US spot Bitcoin ETFs. Despite geopolitical tensions in the Middle East, optimism in the market has increased demand for digital assets. According to market data, Bitcoin rose approximately 8% during the day,