BTC posts a 36% gain since February lows while altcoin stabilization signals a potential market shift.
Gold (XAUUSD) and Bitcoin (BTC) are giving mixed signals as financial conditions are becoming easier. The chart below shows that the Chicago Fed National Financial Conditions Index has decreased to -0.519.
During Tuesday's Asian trading session, Bitcoin broke through the $81,000 threshold, as reported by CoinDesk data. This milestone represents a 6.7% weekly appreciation for the leading cryptocurrency.
Colombia's Petro says Caribbean coast could host Bitcoin mining using clean energy, with Wayúu co-ownership still uncertain after elections.
Bitcoin ETFs recorded $532M in net inflows in a single day and $2.44B in April. Institutions are accumulating.
Michael Saylor signals a bitcoin sell-off to cover $1.5B in annual dividend obligations amid Q1 losses.
After March's setback, April was strong, but supply and demand patterns have been different.
Strategy may sell Bitcoin to fund dividends after a $12.54B Q1 loss, testing Saylor's never-sell stance as MSTR shares fall.
Wealthy investors are increasingly concentrating their crypto exposure in large-cap tokens such as Bitcoin (BTC), Ethereum (ETH), and XRP (XRP), underscoring a familiar flight to liquidity as market volatility persists. At the same time, several smaller altcoins have slipped into deeply ‘oversold' territory on the Relative Strength Index (RSI), a technical indicator often used to gauge short-term capitulation risk.
Rising prices without rising users could limit Bitcoin's next move.
Bitcoin is holding above $80,000 as the market tests key resistance and participants debate whether the recovery from the March lows has the foundation for a sustained move higher. The price has recovered 17.5% over the past month — a meaningful move that has shifted sentiment from fearful to cautiously optimistic.
Bitcoin has seen a rally toward the $81,000 level, but on-chain data shows the surge has failed to attract investor attention, with network activity remaining low. Bitcoin On-Chain Activity Has Dropped To 2-Year Lows According to data from on-chain analytics firm Santiment, the Bitcoin blockchain has witnessed a drop in indicators related to on-chain activity.