Bitcoin canceled out the week's earlier losses to tease the highest BTC price weekly candle close since the end of January near $79,000.
Based on historical data, rising futures demand alongside contracting spot demand is associated with unsustained price gains during bear seasons.
Bitcoin mining firm Riot Platforms has published its financial performance for the first quarter of 2026, reporting revenue of over $167 million. The financial report highlights a shift in the company's business model and a growing trend in its revenue stream, as its recently launched data center business takes center stage.
Strategy paused bitcoin purchases, shifting market focus to its 818,334 BTC exposure. Michael Saylor confirmed the halt after the company's latest disclosed buy, leaving traders watching his orange-dot posts for the next signal. Key Takeaways: Strategy paused bitcoin purchases after its latest disclosed $255 million BTC acquisition.
Here's why one analyst believes the 'real' bull market is 'very close.'
Strategy halts weekly Bitcoin purchases, holds 818,334 BTC worth $64.44 billion at $75,537 average.
Bitcoin continues to consolidate within the $78,000 zone, following its net positive performance in April. Having shown key signs of recovery, the leading cryptocurrency is now gathering momentum for its next major price swing.
This week, the Bitcoin network recorded its second consecutive difficulty reduction, easing another 2.3% on May 1 after the April 17 epoch posted a 2.43% decline. Hashrate has also trended lower, now resting beneath the 1 zettahash per second (ZH/s) threshold. Key Takeaways: Bitcoin difficulty fell 2.
Bitcoin price reclaimed $79,000 before retracing as Brent oil holds above $108 and traders watch the $80K resistance zone.
Bitcoin had a modest start to May, with the flagship cryptocurrency rising as much as 3.5% on Friday. As of this writing, the premier cryptocurrency trades near $78,400, barely moving over the past day.
After a dismal start to the year, the Bitcoin price has somewhat steadied the ship over the past two months. According to price action data, the flagship cryptocurrency closed in the green in both March and April, with a double-digit performance coming in the previous month.
Global equity funds pulled in over $15 billion in the week through Apr. 1, then $23.47 billion, $31.26 billion, and finally $48.72 billion in the week through Apr. 22. Global money-market funds simultaneously bled a $173.24 billion outflow in the week through Apr. 15, the biggest single-week exit from cash since at least September 2018.