In brief Bitcoin and broader financial markets rose on reports that the US and Iran are discussing a potential ceasefire that could end the war. Over $200 million in crypto shorts were liquidated—four times more than longs—signaling a textbook short squeeze. Analysts warned that a rally is contingent on the Strait of Hormuz reopening; failure
Bitcoin price today surged back to its last week’s high price of $69,509 after reports of a possible 45-day ceasefire between the U.S. and Iran. The recovery also pushed major altcoins up. Ethereum, XRP, Solana, and Dogecoin are all up by 3% to 5%. Despite this 45-day ceasefire, all eyes are on Trump’s 6-day deadline,
Cryptocurrency analytics company Santiment shared some noteworthy data regarding profitability on the Bitcoin network. According to the company’s latest report, the ratio of profitable to losing Bitcoin trades rose to 2.95 to 1 last weekend. This metric is calculated based on the difference between the price of a Bitcoin at the time of transfer and
Bitcoin held near $67K for a third straight day on April 5, even as market sentiment turned sharply weaker across major crypto communities. The asset slipped 0.50% during the day, but it still remained trapped inside the same multi-month range that has defined much of last week’s price action. That price stability contrasted with a
Bloomberg Intelligence senior commodities strategist Mike McGlone has made a noteworthy price prediction for Bitcoin (BTC) in 2026. McGlone stated that the leading cryptocurrency could face a sharp correction if it fails to maintain its current levels, saying, “Prove me wrong; Bitcoin must stay above $75,000.” According to McGlone, Bitcoin’s historical price behavior may point
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Bitcoin ($BTC) started the week on a high note as the war between the US and Iran, which has been ongoing for weeks, continues. The cryptocurrency markets saw an upward trend in the early hours of the week. Bitcoin rose by over 3%, reaching approximately $69,200, before subsequently retreating to the $68,800 level. This rise
Bitcoin price climbed sharply above $69K in early Asian hours on Monday amid a fresh diplomatic move to end the ongoing US-Iran war. Ethereum, $XRP, Solana, Cardano, and altcoins also climbed amid reports of a potential 45-day ceasefire as President Donald Trump pushes the Iranian regime to open the Strait of Hormuz and press conference
The cryptocurrency market experienced a sudden upward swing today, with some major bearish trades ending up being crushed. Bitcoin (BTC), the flagship cryptocurrency, surged past the $69,000 level earlier today, CoinGecko data shows. The uptick has triggered a wave of short liquidations that wiped out nearly $200 million in bearish positions. Crypto market rebound According