Bitcoin ($BTC) continued its upward trend last night, briefly climbing above $79,300. However, this was short-lived, and Bitcoin failed in its attempt to break the critical $80,000 resistance level. The $BTC price retreated to around $77,800. While it is stated that the rise could continue if Bitcoin surpasses $80,000, Julio Moreno, head of research at
Bitcoin ($BTC) continued its upward trend last night, briefly climbing above $79,300. However, this was short-lived, and Bitcoin failed in its attempt to break the critical $80,000 resistance level. The $BTC price retreated to around $77,800. While the $BTC price continues its volatile course, the positive sentiment and inflows in US spot ETFs continue. According
It’s no surprise that there’s a general pivot from blockchain to artificial intelligence right now. Every week brings another report of a company or person either leaving the cryptocurrency industry entirely or adding artificial intelligence to their portfolios. Bitcoin miners are moving away from mining to increasingly focus on AI infrastructure and venture capital firms
A key indicator tracking the overall health of the bitcoin market has just flashed a neutral signal for the first time since prices peaked above $126,000, signaling that the bear market may have ended. But here’s the catch: The neutral reading on the indicator turned out to be a false signal a few years ago.
Expectations regarding the Fed’s interest rate reduction process are being postponed again due to inflationary pressures created by the war in the Middle East. According to a recent survey of economists by Reuters, the Fed is expected to wait at least six more months before cutting interest rates this year. The war, which has lasted
Bitcoin has finally broken out of its long sideways phase that lasted for weeks between roughly $65,000 and $75,000. Price has now moved into the $77,500–$78,000 zone, shifting the market from consolidation into what looks like an early trend phase. In under two weeks, BTC is up nearly 10%. Prediction Markets Turn More Bullish at
Bitcoin has reclaimed the $78,000 level, revisiting a price zone it last touched on the 17th of April and again on the 22nd of April, after previously trading within the range on the 3rd of February. The move has reignited bullish sentiment across the market, with expectations building around a potential push toward $80,000. However,
On-chain data shows the cost basis of the Bitcoin short-term holders is located at $80,700, a level that could come into focus after the latest rally. Bitcoin Is Nearing The Short-Term Holder Realized Price In a new post on X, cycle analyst Root has shared the latest data for the Realized Price of the short-term
South Korea’s new Bank of Korea Governor Shin Hyun-song used his April 21 inaugural address to plant a firm stake in the ground: the country’s digital money future runs through central bank digital currency ( CBDC) and bank-issued deposit tokens, not private stablecoins. Key Takeaways: Bank of Korea (BOK) Governor Shin Hyun-song, sworn in on
Bitcoin price started a fresh increase and cleared the $77,500 zone. $BTC is consolidating and might aim for more gains above the $79,500 level. Bitcoin managed to stay above $76,500 and started a fresh increase. The price is trading above $77,200 and the 100 hourly simple moving average. There is a short-term declining channel forming