Bitcoin price is stabilizing near $70,000 as declining derivatives leverage and falling retail inflows hint at a possible base forming in the market. Summary Bitcoin is trading near $70,000, close to the upper end of its weekly range. Retail inflows to Binance have dropped sharply while open interest across exchanges continues to trend lower, signaling
Bitcoin is trading at $70,426 per unit on March 10, 2026, after rebounding from an intraday low of $67,958 and briefly testing a session high of $71,220. The cryptocurrency’s market capitalization stood at $1.408 trillion with $54.48 billion in 24-hour trading volume as price action stabilized within a well-defined intraday range. Bitcoin Chart Outlook Price
Although Bitcoin is currently back above $71,000 after resuming its rally earlier today, its derivatives market is flashing an unusual bearish signal. Despite the ongoing price surge, broader market sentiment still remains widely bearish as the market has continued to see frequent short-term rallies since the market cycle flipped bearish late last year. While the
Privately held manufacturing firm GIGA has increased its Bitcoin holdings to 1,252 $BTC after acquiring 38 $BTC last month, the company disclosed on Monday. GIGA said the purchase supports its treasury strategy, using Bitcoin as a long-term reserve asset to enhance financial resilience. The firm made its first $BTC purchase last July, acquiring 1,129 coins.
Richard Busch, a board member at American Bitcoin (ABTC), acquired 68,000 shares of the Nasdaq-listed Bitcoin mining company at an average price of $1.15, a transaction valued at $78,200, according to a new SEC filing. With the latest purchase, Busch now holds approximately 1.4 million ABTC shares, valued at about $1.5 million based on Monday’s
Investment bank B. Riley initiated coverage of bitcoin treasury firms Strategy (MSTR) and Strive (ASST) with buy ratings, setting price targets of $175 and $12, respectively. Strategy was trading at $141.82 at publication time, Strive at $8.67. The sector was pressured after bitcoin fell more than 45% from about $126,000 in October 2025 to roughly
South Korean prosecutors have sold 320.8 Bitcoin recovered after a phishing incident temporarily removed the crypto from government custody. The Gwangju District Prosecutors’ Office said it sold 320.8 Bitcoin (BTC) at market prices and transferred 31.59 billion Korean won (about $21.5 million) to the national treasury, The Chosun Ilbo reported Tuesday. Authorities reportedly sold the
Bitcoin’s $BTC$70,816.15 recent dip triggered heavy trading activity, with nearly 600,000 $BTC changing hands in the $60,000–$70,000 range, according to blockchain data tracked by Glassnode. In other words, traders went bargain hunting, snapping up nearly 600,000 $BTC ($42.48 billion) in this price band during the correction. Of these, more than 200,000 $BTC were accumulated in
Crypto markets are entering a cautious holding pattern as traders prepare for the upcoming U.S. Consumer Price Index (CPI) report, a key macroeconomic indicator that could shape expectations for interest rate policy and risk asset performance. Summary Bitcoin is consolidating near $70,000 ahead of the upcoming U.S. CPI inflation report. Technical indicators show moderate accumulation