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,
One of America’s biggest banks, Morgan Stanley, has upped the ante in its push to launch a spot Bitcoin ETF product. As of March 4, the firm has filed an amendment to its earlier Form S-1, naming its latest custody partners. Morgan Stanley joins Bitcoin ETF bandwagon The banking giant first filed for the Morgan
Bitcoin, the first and largest cryptocurrency by market capitalization rose above $71,000 on Wednesday, gaining more than 9% in 24 hours and leading broad advances in major cryptocurrencies. Crypto markets rebounded on Wednesday, recovering from a prior sell-off and shaking off earlier pain in other asset classes. Bitcoin rallied nearly 9% to reach $71,928, its
Institutional adoption of Bitcoin proxy stocks continues to accelerate at a breakneck pace. According to a recent filing, legacy wealth manager Rockefeller Capital Management, which oversees a massive $198 billion in assets, has aggressively expanded its position in the Bitcoin treasury company Strategy Inc. (MSTR). The firm increased its holdings by a rather impressive 146%.
Bitcoin climbed over the past 24 hours, raising a question across the market: how high can Bitcoin go this week? Bitcoin is currently trading near $71,370, up about 6.35% in the last 24 hours. The rally appears to be driven mainly by activity in derivatives markets, where a large number of bearish bets were suddenly
Following a period of exceptional volatility that has only been exacerbated by escalating geopolitical tensions, Bitcoin ($BTC) managed a surprise rally between March 3 and press time on March 4. Indeed, after threatening a collapse to and under $60,000 less than a week earlier and failing to decisively break above $67,000 for weeks, the world’s