Bitcoin price recovered from the $62,700 area as buyers defended a key support zone, but ETF outflows, weak trend signals, and heavy overhead liquidity continue to limit the rebound. Bitcoin price action today According to data from crypto.
Strive's strategic Bitcoin accumulation highlights a growing trend of traditional finance firms integrating cryptocurrency into their asset management strategies. Strive buys 79 Bitcoin, increasing total holdings to 20,246 BTC.
Led by Executive Chairman Michael Saylor, the company raised $333.7 million via the sale of common stock.
Bitcoin options remain expensive despite weeks of calm trading, as implied volatility stays well above recent realized volatility.
Peter Todd's advocacy for permanent Bitcoin block rewards has once again stirred intense discussion about the cryptocurrency's fixed supply and future security model.
Bitcoin's dip below the 200-week MA signals potential prolonged market stress, impacting investor sentiment and possibly triggering capitulation. Bitcoin drops below 200-week moving average for first time since 2022 bear market.
Tudor's cautious stance on Bitcoin ETFs highlights institutional wariness, balancing exposure with downside protection amid market volatility. Paul Tudor Jones' firm boosts BlackRock Bitcoin ETF stake by 19% to $23M.
Bitcoin (BTC) stabilized above $63,000 on Monday, gaining 0.8% since midnight UTC to trade around $63,637 as the cryptocurrency market tracked gains in U.S. equities. Nasdaq 100 futures rose 0.5% to their highest level since July 2, offering some support after Bitcoins losses last week.
Bitcoin's implied volatility is near a seasonal floor, but options continue to price substantially more movement than the market is delivering.
Fed Outlook: Investors await the FOMC minutes for clues on inflation and potential rate hikes that could affect Bitcoin. Macro Pressure: Weak retail sales, jobless claims, and global CPI releases shape risk sentiment tied to Bitcoin's recent move to $63,500.
Trump Media's crypto losses highlight the risks of volatile digital assets, prompting a strategic shift towards stabilizing core business operations. Trump Media pivots away from Bitcoin after $360M in digital asset losses.
Blockstream announced that its trustless service for moving Bitcoin across the main chain, the Lightning Network and the Liquid sidechain has entered the beta testing phase.