Headline PCE inflation rose 3.8% in April from a year earlier, its hottest pace in two years and nearly double the Federal Reserve's 2% goal, while core PCE held at 3.3%, its highest reading since October 2023. The monthly numbers ran cooler, with core easing to 0.2% against the 0.3% economists had expected.
MicroStrategy's Bitcoin acquisition underscores growing institutional trust, potentially stabilizing Bitcoin's market position amid global uncertainties. MicroStrategy Bitcoin purchase signals reduced likelihood of near-term sales.
The creator of the Mayer Multiple argues bitcoin's growing economic substance is compressing volatility and attracting deeper capital.
Long presented as an almost achieved target, the $100,000 threshold is gradually moving away for bitcoin. Predictive markets now assign only a low probability to a return above this level before the end of the year, while several technical indicators call for caution.
Bitcoin traded near $73,840 on May 31, 2026, stuck in a narrow band between $73,412 and $74,110 as technical indicators signaled bearish pressure and institutional players moved in opposite directions. With stablecoin dominance climbing, Tether burning over a billion dollars in 24 hours, and Blackrock offloading $2.
reasury Secretary Scott Bessent said at the Reagan National Economic Forum that the US had seized roughly $1 billion in Iranian crypto assets, turning the Iran crypto seizure into an early test of Trump's reserve framework Bessent added the authorities “just outright grabbed the wallets,” with CBS reporting he also described the assets as money
Prominent crypto analysis page XWIN Research Japan reports that Bitcoin has reached a new milestone: 15.8 million long-term holders. Interestingly, this record has come amid a bearish period for the leading cryptocurrency, whose value has dropped by 9% since May 6, when prices first peaked around $82,000.
Robert Kiyosaki urges investors to think beyond hype as Bitcoin corrects, warning education matters more than asset labels in market swings.
JPMorgan chief executive Jamie Dimon has issued a stark warning over president Donald Trump's crypto market structure bill
Ki Young Ju, the chief executive of blockchain analytics platform CryptoQuant, has projected that Bitcoin's ongoing bearish period may persist until the beginning of 2027. Ju shared his analysis on X, supporting his prediction with findings from CryptoQuant's proprietary PnL Index Signal.
Bitcoin trades near $73.7K as analysts watch $71.4K support, $78.2K resistance, low volume, and Iran-linked market risk.
Bitcoin is currently positioned near the $73,800 mark following a dip to approximately $72,000 earlier in the week—a seven-week low. This downward movement coincided with escalating geopolitical friction involving the United States and Iran, which dampened investor appetite for risk assets.