Bitcoin’s resilience during the latest bout of global macro stress is starting to turn heads on trading desks. The largest crypto climbed to just shy of $71,000, up roughly 7% from Sunday evening lows, even as geopolitical tensions escalated over the Iran conflict and markets grappled with risks ranging from oil supply disruptions to stress
Vivek Ramaswamy-backed Strive has moved ahead of Elon Musk’s Tesla in Bitcoin holdings after adding 179 Bitcoin to its treasury. Source: BitcoinTreasuries.NET According to a Wednesday announcement, Strive now holds roughly 13,311 Bitcoin valued at nearly $940 million. Tesla, by comparison, has kept its holdings steady at 11,509 $BTC since late 2024. The new total
Bloomberg Intelligence senior commodity strategist Mike McGlone, who previously said bitcoin could drop to $10,000, is reiterating his call that bitcoin could still fall below that level, an outlook several market analysts said would require an extreme macroeconomic shock. In an interview with EllioTrades, McGlone said the crypto bear market may not be over and
Bitcoin’s return above the $70,000 level, as the leading asset in the cryptocurrency market, has brought about a significant shift in investor sentiment. According to data shared by market analysis platform Santiment, the price recovery has led to a resurgence of optimism based on the fear of missing out, known as “FOMO” on social media.
Bitcoin price has jumped by 16% from its lowest point this year, and is hovering at the crucial resistance at $70,000. This recovery may continue in the near term amid robust ETF inflows and falling core inflation. Summary Bitcoin price remained above the key resistance level at $70k. Data shows that the US core inflation
Roughed-up bitcoin treasury company Strive (ASST) announced a number of balance sheet moves on Wednesday. The company purchased an additional 179 bitcoin, bringing total holdings to 13,311 BTC, worth about $930 million at current prices. Strive also lifted the dividend on its perpetual preferred security SATA by 25 basis points to 12.75%. SATA was ahead
Nobel laureate economist Paul Krugman analyzed Bitcoin’s path to reaching $125,000. Paul Krugman said that US President Donald Trump played a role in Bitcoin reaching $125,000. Speaking to Bloomberg, Paul Krugman stated that Bitcoin probably wouldn’t have reached $125,000 if it weren’t for the “crypto-friendly White House” craze that followed Trump’s election victory. Krugman argued
Bitcoin ($BTC), the world’s leading cryptocurrency, has again suffered a price slip after trading above the $70,000 support level for some time. Per a recent CryptoQuant analysis, the fluctuation is because Bitcoin has entered the most frustrating phase of its cycle. Bitcoin: Sideways movement and “fake breakouts” expected According to CryptoQuant, Bitcoin is in a
Adam Back, the founder and CEO of Blockstream, has waded into the debate about whether or not Strategy Inc’s Bitcoin model is good for the market. This debate comes as few people believe the massive accumulation of Bitcoin creates potential centralization concerns. Bitcoin is a free market Hours ago, an X user with the handle
Bitcoin’s recent price behavior reflects a market balancing short-term uncertainty with long-term optimism. The world’s largest cryptocurrency has struggled to reclaim key resistance levels after falling sharply from its 2025 peak. Market Structure Signals Ongoing Consolidation Bitcoin’s daily chart still shows a broader downward structure following the fall from roughly $126,000. The market continues forming