Monday started on a positive note for Bitcoin as the world’s largest cryptocurrency climbed back above $77,300 after briefly falling near $74,000 last week. The recovery came as fears of a possible U.S.-Iran conflict began to ease. The rebound follows several days of heavy selling pressure that wiped billions from the crypto market and triggered
The Royal Government of Bhutan has gradually sold approximately 9,180 Bitcoin ($BTC) over the past 11 months, generating around $900 million in proceeds, according to on-chain data tracked by blockchain analytics firm EmberCN. The average selling price across these transactions was calculated to be roughly $98,067 per Bitcoin. Timeline of Bhutan’s Bitcoin Sales Data from
A credible Iran–US peace memorandum that ends the current war and reopens the Strait of Hormuz would likely bleed some “war hedge” premium out of Bitcoin in the short term, while strengthening the longer term case for $BTC as states quietly diversify away from the dollar in a more multipolar Gulf. Axios reports that US
The apparent Bitcoin demand has slipped to its weakest level of the year, adding fresh pressure to an already uncertain market environment. This development comes despite the notable price recovery from Bitcoin ($BTC) in the previous week. For context, the pioneering cryptocurrency dropped to $74,156 but showed sheer resilience, recovering nearly 4% to $77,020. Meanwhile,
Bitcoin recorded a critical close above $74,400 last week, paving the way for continued recovery in the coming weeks. Notably, expert analysis from Sykodelic highlights that this level sits at the center of the broader market structure. His recent X post explains why the $74,400 level is important and how it could shape Bitcoin’s price
A Satoshi-era Bitcoin whale transferred 2,650 Bitcoin worth about $203 million to FalconX and Cumberland over-the-counter (OTC) trading desks, in an onchain move that may signal a planned sale or liquidity transaction from the long-dormant Bitcoin miner. The early Bitcoin ($BTC) miner transferred the funds across two transactions of 1,000 $BTC each and another 650
Bitcoin’s latest pullback has started reshaping short-term market sentiment after weeks of aggressive upside momentum. Although the broader structure still favors bulls, recent trading activity shows that buyers have lost strength near the $82,800 resistance region. Consequently, Bitcoin now trades under critical short-term levels while traders monitor whether support around $76,000 can stabilize the market.
Bitcoin’s latest exchange data show a market facing heavier spot-side pressure with Binance inflows staying elevated and reserves rebuilding from April lows. CryptoQuant analyst Darkfost said the shift has unfolded during a broader correction shaped by tense geopolitical conditions and weaker risk appetite. The data points to three linked signals behind the pressure: persistent Binance
Rising energy prices and increased inflation risk due to the US-Iran conflict negatively impacted the leading cryptocurrency, Bitcoin ($BTC). After experiencing an upward trend in early May and reaching over $82,000, $BTC has fallen back to around $77,000 due to negative factors. While $BTC found support around $77,000 after the recent pullback, an analytics firm
Michael Saylor, founder of Strategy, stated that he believes Bitcoin’s long-term return will outperform the S&P 500 index. In his assessment, Saylor argued that Bitcoin has the potential for approximately 30% annual growth, offering higher return opportunities compared to traditional financial instruments. According to Saylor, converting earnings from Bitcoin investments into tax-deferred loan dividends could