Bitcoin market sentiment has risen above 89 on an index tracked by CryptoQuant analyst Darkfost, reaching its highest level since March 2024 before easing back. CryptoQuant analyst Darkfost said the last comparable burst of bullish sentiment came in March 2024. His measure briefly climbed above 89 out of 100 as Bitcoin rose, putting it in
Jiang Zhuoer, founder of the B.TOP mining pool, stated in his assessment of Bitcoin’s short-term price movements that a significant correction could occur after the liquidation of highly leveraged positions in the market. According to Zhuoer, in the most likely scenario, Bitcoin will first clear the intense liquidation zone above $76,000. During the same period,
The institutional demand around Bitcoin strengthened as Morgan Stanley expanded MSBT holdings while ETF inflows remained positive. Reportedly, Morgan Stanley’s MSBT Bitcoin ETF received another 51.58 $BTC, valued at around $4 million, from Coinbase Prime. Notably, the latest transaction followed a series of transfers into the fund for the previous two weeks. Across these transfers,
The probability that the Federal target rate could be bumped up by 25 bps to 375-400 bps was increasing by the day. The FedWatch tool showed a probability of a rate hike at 87.3%. This meant that the chances of a bearish Bitcoin [$BTC] price reaction are also higher. In a CryptoQuant analysis, XWIN Japan
Artificial intelligence (AI) has become a giant sponge for investment capital, creating a potentially awkward portfolio problem for wealth managers. The biggest U.S. hyperscalers are expected to spend upwards of $800 billion this year and more than $1 trillion in 2027, according to estimates in Bitcoin Suisse’s Crypto Wealth Management Report 2026. That means investor
While the “golden cross” pattern, considered technically positive in Bitcoin, proved valid only for a short time, the rapidly rising expectations of a Fed interest rate hike increased pressure on the cryptocurrency market. Bitcoin ($BTC) surged to $79,837 yesterday, causing the 50-day exponential moving average (EMA) on the daily chart to cross above the 200-day
Could the recent whale activity signal a shift in Bitcoin’s market dynamics? A notable whale has spent $85.42 million to accumulate 1,075.6 $BTC at an average price of $79,412 over the past four days, as reported by the CryptoTwitter commentator @lookonchain. This substantial accumulation could indicate growing confidence among major investors in the cryptocurrency market,
Bitcoin price prediction after today’s CPI report stays bullish above $76,706, the level $BTC needs to hold to avoid a quicker drop toward $72,000. Bitcoin Price Analysis: Did $BTC Just Print a Pump-and-Dump Wick? Bitcoin Price Analysis (Source: TradingView) $BTC trades near $77,259.73, trading flat today, almost the same level it sat at before this
Jiang Zhuoer, a well-known cryptocurrency miner from China and the founder of the $BTC.TOP mining pool, announced that he has sold all of his Bitcoin ($BTC) positions. Jiang stated that he liquidated 100% of his $BTC holdings at the price of $77,226. Jiang’s decision to exit Bitcoin entirely comes amidst rising inflation data from the
Binance’s Bitcoin [$BTC] holdings have climbed above 693,000 $BTC—the highest level in almost two years. In fact, Binance’s holdings have risen by around 77,000 $BTC since the end of April. The most simple reason behind this surge could be that investors transferred Bitcoin to Binance [$BNB] during periods of strong price appreciation. This mainly includes