Bitcoin has mounted a significant recovery toward the $80,000 threshold following several weeks under selling pressure, with market participants closely monitoring whether this level can transform into solid support.
Spot Bitcoin Exchange Traded Funds (ETFs) have flipped positive for the 2026 calendar year.
Crypto markets weaken amid rising Japan inflation, Iran war oil disruptions, and expectations of a hawkish Bank of Japan.
Bitcoin's advance over the past four weeks is colliding with a derivatives market that still looks positioned for weakness. Analysts tracking Binance funding and futures basis say traders continue to lean short even as BTC moves higher, creating what CryptoQuant contributor Darkfost described via X as a “phase of disbelief” rather than a clean bullish reset.
Itau Unibanco, through its VC arm Itau Ventures, has made an undisclosed investment in Minter, a company that installs mobile data centers and bitcoin mining operations across Brazil. Minter's approach allows it to take advantage of surplus energy that would otherwise be wasted.
Bitcoin faces an $80,000 sell wall as whale activity stays muted and charts point to a possible short term correction.
Bitcoin (BTC) traded largely flat around the $78,000 level on Thursday, even as spot volumes fell sharply—an indication that recent upside momentum is fading and traders are shifting into a wait-and-see stance. As of 2:50 a.m.
Charles Schwab is rolling out spot bitcoin and ethereum trading for 38 million brokerage accounts at a 75-basis-point fee, and advisors are already pushing back.
Data shows the Bitcoin long-term holders have witnessed a notable surge in their supply recently, a sign that market behavior has been shifting. Bitcoin Long-Term Holder Supply Has Gone Up Over The Past Month According to data from on-chain analytics firm CryptoQuant, Bitcoin supply has been moving into the hands of the long-term holders recently.
The question of whether the Bitcoin price has hit a final bottom remains a major topic of discussion, as analysts remain unconvinced that the flagship cryptocurrency has reached a definitive floor. A recent analysis by market expert Maxi Trades suggests Bitcoin could be positioning for another major correction, forecasting a 30% crash that could push the price to fresh lows near $50,000.
Bitcoin price started a fresh increase and cleared the $78,000 zone. BTC is consolidating and might aim for more gains above the $78,550 level.
The rise in Bitcoin CPI highlights inflationary pressures, potentially affecting market stability and investor confidence amid geopolitical tensions. Eurozone Bitcoin CPI rises 18.2% in March, impacting purchasing power.