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
Bitcoin’s “air pocket” is once again coming into focus as the largest cryptocurrency by market capitalization rose on Wednesday to just below $72,000. The air pocket refers to a thin area of supply between $72,000 and $80,000, where relatively few coins last changed hands, according to data from Glassnode. Roughly just 1% of the circulating
Bitcoin rebounds after recent weakness, with improving momentum, and an analyst predicting a potential breakout. The daily chart shows Bitcoin ($BTC) trading around $69,188, posting a 1.9% gain over the past 24 hours after recovering from an earlier dip near $66,300. The price initially declined during the session but quickly stabilized as buyers stepped in,
DDC Enterprise has increased its $BTC holdings to 2,183 coins alongside record guidance. Summary DDC Enterprise now holds 2,183 $BTC after adding 65 $BTC during the latest treasury allocation round. The company guided for 2025 revenue of $39m to $41m, up sharply from prior periods. $BTC traded near $72k with 7% daily gains, as on-chain
The increase in trading volume seen on March 3rd in Strategy’s perpetual preferred stock product, STRC, indicated that the company was actively using this instrument to finance new Bitcoin purchases. On that date, STRC’s daily trading volume reached approximately $198.7 million. This figure significantly exceeded the average of $123.3 million over the previous 30 days.
Morgan Stanley (MS) has filed with the Securities and Exchange Commission (SEC) a prospectus outlining the structure of the proposed Morgan Stanley Bitcoin Trust, revealing that the fund plans to use Coinbase Custody (COIN) and the Bank of New York Mellon (BNY) to safeguard its bitcoin holdings, according to a form S‑1 submitted. The two
While the US-Iran conflict continues to put pressure on global markets, Bitcoin ($BTC) and the cryptocurrency market are proving more resilient. Although Bitcoin and altcoins fell when the conflicts began, they later recovered. In fact, today Bitcoin experienced a sudden rebound, rising above $71,000. At this point, crypto analysis platform K33 Research stated that despite