Bitcoin climbs above $70,000 as more contrarian bottoming signs emerge
Sales of bitcoin by prominent holders and executive exits could give hope to the battered crypto sector.
Binary trading platforms with better performance and payouts
Markets
Sales of bitcoin by prominent holders and executive exits could give hope to the battered crypto sector.
“A whole new set of competitors is emerging based on blockchain,” said Dimon in his annual letter to shareholders.
Rising volume and steady support near $1.30 suggest buyers are active, though XRP remains tied to broader crypto sentiment.
A report that the U.S. and Iran are discussing a 45-day ceasefire lifted risk assets across the board on Monday, with short liquidations outpacing longs nearly 3-to-1 in the past 12 hours.
Bloomberg’s Mike McGlone has reiterated his forecast that Bitcoin could plunge to $10,000, this time anchoring his outlook to a clear line in the sand: $75,000.
Bitcoin’s correlation with global central bank easing has turned strongly negative since 2024, suggesting BTC now leads rather than lags monetary policy signals.
The study analyzed 60-day windows after economic or geopolitical shocks and found that Bitcoin posted stronger returns than gold and the S&P 500 in each period.
Kwasi Kwarteng reflects on current UK market turmoil, fiscal “doom loop,” and his move into bitcoin with Stack BTC.
Round-the-clock markets promise freedom for investors and pressure for intermediaries who traditionally wielded immense power during off-hours
CryptoQuant data shows overall bitcoin demand is contracting at -63,000 BTC per month even as institutional buyers accelerate purchases, with large holders distributing nearly 188,000 BTC over the past year.