Bitcoin miners dumped a record 40,000 BTC in the first quarter of this year — more than the entirety of 2025 combined and well above the 20,000 BTC sold in the panic following the Terra collapse in mid-2022. That number sits quietly beneath the surface of what otherwise looks like a recovering market.
Grayscale has stirred debate in the crypto market by suggesting that Bitcoin (BTC) may have already reached its bear-market bottom between $65,000 and $70,000. This outlook contrasts with broader market expectations that anticipate a later bottom sometime in 2026.
High-net-worth crypto investors are concentrating fresh buys in large-cap tokens led by Bitcoin (BTC) and Ethereum (ETH), even as a handful of smaller altcoins flash extreme 'oversold' readings on the Relative Strength Index (RSI)—a technical setup some traders read as a potential short-term bottom signal. According to a snapshot of wealthier investors' positioning as of Tuesday ET, Bitcoin ranked highest by purchase share at 82%.
Bitcoin whale support weakens as a bearish BTC channel pattern points to rising volatility and a possible drop toward $47,400.
Bitcoin (BTC) has broken through recent volatility, climbing above $78,000 as geopolitical developments and major institutional activity fuel renewed momentum in the cryptocurrency market. The leading digital asset rose 2.2% in the past 24 hours and is now up 4.3% for the week, supported by easing tensions in the Middle East and a significant Bitcoin purchase by Strategy.
Strategy holds 815,061 BTC after its latest buy, overtaking BlackRock's IBIT and returning above its average Bitcoin cost basis.
Bitcoin traded at $77,541 on Wednesday morning, up 2.2% over 24 hours and 4.3% on the week, after Trump extended the Iran ceasefire and Strategy disclosed its largest BTC purchase in 17 months.
Bitcoin (BTC) options traders concentrated their short-term activity on downside protection and bearish bets, with a $74,500 put emerging as the most actively traded contract over the past 24 hours—an indication that near-dated hedging demand is rising as the market assesses near-term price risk. Data compiled by Coinglass as of April 22 (00:00 UTC) showed total Bitcoin options 'open interest' (OI) at $39.35 billion, up about 2.53% from $38.38 billion a day earlier.
Bitcoin price started a recovery wave above the $75,000 zone. BTC is consolidating and might aim for more gains if it clears the $77,350 resistance zone.
Bitcoins recent climb back into the mid-$70,000 range has caught the attention of traders, but the structure behind this rebound raises concerns about its sustainability. After bouncing from the mid-$60,000 zone, the current Bitcoin price action lacks the clarity typically associated with strong bullish trends.
Bitcoin exchange inflows from wallets moving at least 1 BTC fell to 2018 lows, signaling reduced sell pressure and stronger holder conviction.
Strategy Inc. added 34,164 bitcoin to its treasury this week, bringing its total holdings to 815,061 BTC, putting a million bitcoins within reach before year's end. Key Takeaways: Strategy acquired 34,164 BTC for $2.54 billion on April 20, 2026, bringing total holdings to 815,061 coins.